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.

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The miner is currently offline. CYPT hits $1 in a fluke

We regret to inform you that the miner is offline. For the last few months CYPT COIN mining has reached an all time low. With the current gas prices in ether, the free mine is on the verge of extinction. Users may notice that http://www.cryptoloot.us direct mine site url is currently down. However http://www.cyptcoin.com is still up but all mining platform transactions and payments have been halted at this time. We encourage those interested to donate cryptocurrencies of any type in the effort to open the free mine again as soon as possible. A post coming up in the future will contain more details as well as donation links for multiple currency types.

The value of CYPT COIN is now at an all time high. Without the ability to gain CYPT COIN via the free mining platform at this time, CYPT is now $1.00 per token. CYPT is available to the public for that same market value price. You can get CYPT COIN direct to your Ethereum wallet, that information will be coming up in the following post.

This is both an exciting time but also a trying time where we need all the support we can to keep CYPT COIN active.

The mobile app is also restricted and will not allow mining access at this time.

A new application is coming soon that may replace the mining system but funding meetings have halted the progress at this time.

Please continue to show your support on social media and here at www.cyptcoin.com

Hackers attack website following Live Chicago event success

CYPT COIN exploded today in the early hours of Apr 28th. Just one day following the live speech from the cryptocurrency creator Jeremy D Higgs, the website overloads and shuts down for several hours linking evidence to a possible small DDoS attack.

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Watch the video featuring The Birch Tree Media Company CEO live from the stage of the 3rd Annual Blockchain Convention in Chicago.

The company celebrated success and establishment following the event and anticipate a bright future. Thank you to all those who came to support and attend the conference. Mine right now from any network connected device at www.cyptcoin.com.

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The website and mining platform are back online and operational at the time of this posting. Security measures have been further increased and operations have resumed as normal. No data or personal information was compromised during this latest hacker attack.