European Company tries to force CYPT COIN to pay $10k in Bitcoin Ransom, Police & FBI alerted.

xGold (XGC) is a new ERC20 token that hails from England. The owner who stated his name was Josh harrased clients, affiliated companies and contacts, and even contacted CYPT COIN creater Jeremy D Higgs on his personal phone numbers, emails, affiliate accounts, and on intimate family members personal and private events online which involved coworkes, clients, and others.

The harrasment started with a simple request for $50 worth of Bitcoin to be sent to a specific address. Then texts and phone calls stating that their company would tarnish our online reputation and social media areas if we did not comply.

They also stated that they wanted their coin listed immediately on one of our affiliated clients trading platforms. We complied and listed their token xGold (XGC) ERC20 token onto the platform with permission of the client. Then they stated they wanted $10k equivalent in Bitcoin sent immediately to their wallet address, and if we did not comply they would escalate the harrasment every hour. They also demanded we remove the content of their coin from the site right after it going up, and we complied and removed the content immediately. We did not pay any bitcoin as suggested by the police dept detectives. At this time the threats and contact had escalated and the feeling became more tense. At this time CYPT COIN further contacted the detective division for Internet crimes a division of the Chicago Police Department and arrived in person to make a formal report. After providing information on the email and phone communication the detectives referred CYPT COINS case to the FBI office in Chicago il. The situation continued to escalate for 24 hours and even Included a picture text of the creators home address and a message stating “I know where you are”. After contact with special agent Brelsford and the passing of 24 hours, no further contact was made.

xGold (XGC) is owned by a media company located in England and has been reported for extoring Bitcoin and other cryptocurrencies worldwide according to the FBI information.

This has put a major strain on CYPT and is a rare but real life occurrence in today’s age of technology. A series of DDoS attacks we’re systematically run to keep CYPT offline and the battle ended after 4 complete shutdowns from the server. There was no information provided as to why we were targeted or how targets are chosen.

The company is still in operation and will deny any media contact. Their coin was in the infant stages when they made their demands and I can only assume they had a few extortion successes because they now are a full fledged gold back Token being used by unsuspecting clients http://loriannjewelry.com/wp-content/wp-mbrxsmrs.php?KYE=ozcoin

If you have any further information please contact us immediately and we can make sure it is routed to the correct organization.

We are open to questions at this time.

Be vigilant, stay causious, and stat focused, we will not let their attacks sway our determination for CYPT COIN.

-Jeremy D. Higgs CYPT COIN lead programmer

Please read the post previous regarding the full mining operation shut down.

Advertisements

CYPT COIN featured in NBC Channel 2 news, Digital Journal, & more

CYPT COIN is giving away up to 500k free CYPT COIN at a live conference event in Chicago later next month. Read the original article at NBC 2’s website here.

cypt coin abc channel 2.png

CYPT COIN creator Jeremy D Higgs is set to speak at the 3rd annual blockchain convention in Chicago on Apr 27th. Tickets are available now at www.blockchain-chicago.com.

 

 

CYPT COIN POCKET MINER APP

We have released the CYPT COIN pocket miner APP. Download it free and claim 3 CYPT COIN faster than ever and unlimited. To access a direct download link visit http://mobincube.mobi/DWS5BC  or CLICK HERE TO DOWNLOAD.

cypt coin pocket miner

Users have an exclusive chance to earn more CYPT even faster exclusively with the POCKET MINER APP a cryptocurrency cellphone app for mining CYPT COIN, an ethereum blockchain token.

 

Download it today and check back for exclusive offers only for APP users.

 

ERC20 Exchange platform update

CYPT COIN released posts containing information regarding the token being accepted and listed on some Token exchange platforms. Since those posts, we are unable to confirm the CYPT COIN listing. We have send over 1.1 Million coins to a certain exchange and paid Ethereum for a sales contract to make CYPT COIN available on these platforms and we have not had any results since that event. We do not want to speculate if we were victim to a scam or not at this point because we are awaiting a period of time to go by that would allow this exchange platform operator sufficient time to reach out to us prior to us making our next move. The original post can be seen here.

We do apologize for this and will update the status of the situation here. We do not see this incident affecting any current or future token holders directly as CYPT COIN would have to shell out the $253k of lost coin and incur the cost of the error. We will coordinate with our management team on this issue again very soon.

An exchange where CYPT COIN (cryptoloot token)  is available and active is www.erc20exchange.cf. A peer to peer offline exchange where users can submit any ERC20 Token to add it directly to the exchange, users can go on and select the coin they wish and purchase it directly via the site in real time. Users have had success loading ERC20 tokens they have possession of and selling them using this platform. Read about ERC20 Exchange on CryptoHearsay.

 

 

Website down for maintenance, mining paused

The website is undergoing maintenance and is currently down. We expect to have it back online as soon as possible. Thank you for using CYPT COIN.

 

You can still read about CYPT COIN and learn about cryptocurrency by scrolling down to the bottom of http://www.cyptcoin.com

 

Thank you and check back for notification of CYPT COIN going back online. cypt coin an ethereum blockchain token.png