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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Anyone can use CYPT COIN and collect free tokens

When most people think about cryptocurrencies they usually think about a risky investment or a hassle involving credit cards and ID verification steps.

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Seriously, anyone can use CYPT COIN and start collecting it right now. No bank account required and no long ID verification or hoops to jump over. When bitcoin hit the media by storm, many people got mixed information regarding the digital currency worlds and many people wrote off cryptocurrencies as a whole.

Quick Start Guide

 

We are letting people know that it truly doesn’t have to be that way. We are not selling anything (unless you want to buy in a large amount). With that being said, I extend an official welcome to come and try collecting CYPT COIN.

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Users can access http://www.cyptcoin.com via any cellphone, tablet, computer, laptop, gaming device browser or any other device you can connect to the internet!

Users can create a free wallet to hold their digital tokens and that’s all they need to get started. Cryptoloot token was created at the end of 2017 from Chicago, IL, and offers crypto beginners a familiarization with similar structure without any of the risk.
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BIT-MAG Magazine backs CYPT COIN; rates CYPT 83% faster to obtain than Bitcoin

In a recent exposure article featuring CryptoLOOT token (CYPT COIN) claims that BIT-MAG Magazine backs CYPT COIN stating that it rates CYPT 83% faster to obtain than Bitcoin. This comes as no shock to the CYPT COIN team, because they wanted to create a cryptocurrency that was easier to use and collect.

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CYPT COIN has recently started a crypto crusade to attract newcomers to the cryptocurrency field. Users can test the waters and get familiar with Crypto wallets and transactions simply by using the free mine reward system available for free at www.CYPTCOIN.com.

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CYPT is set to make a historical Airdrop giveaway to those attending the coin’s hometown, 3rd Annual Blockchain Convention in Chicago. Crypto creator and visionary Jeremy D Higgs was recently published in NBC, ABC, CBS, FOX, C-SPAN, and more, where the article stated that the company is prepared to give away up to 500,000 CYPT COIN to interested event attendees. Read the original article in Digital Journal, click the link to read the complete article http://www.digitaljournal.com/pr/3714045. 

Quick Start Guide

It is now easier than ever to start collecting CYPT. Follow the instructions above to get started now. Following the steps can really make a difference for first time or novice users.

quick start guide cypt coin

Cryptocurrency, blockchain, and tokens still a mystery to the common person

The news is out and people are still scratching their heads wondering if they missed a trend or should be preparing for a windfall from cryptocurrenies in the future.

Cryptocurrency literally means digital money. It’s not a physical coin but a digital representation, but it still represents something of value.

When we set out to make a cryptocurrency of our own, cryptoloot token or more commenly called CYPT COIN, we didn’t grasp how little everyday people knew about blockchain technology and cryptocurrenies.

A study we conducted where we asked a group of 30 medical professionals, doctors, and nurses, about the subject only 2 out of 30 had any knowledge of the subject. 15 had heard the word bitcoin but didn’t know anything about it, and a few people said that they thought it was similar to stocks and bonds but didn’t know how. The information was obtained in Chicago IL with willing participants.

This is a screenshot from the CYPT COIN Pocket miner app for Android devices.

This information was shocking to hear, we just created and launched a cryptocurrency and are finding out people don’t know what it is we are wanting them to get interested in. This is very obvious to conclude that the future of the digital currency markets have either reached their boom or has not even begun to reach its true potential.

We think that potential of future cryptocurrenies will become huge as wallets and trade markets become more common and easy to use. Many of the consumers and participants in the realm are those of new money or risky older investors are hoping for a gamble but they do not understand how it works or what it is. As more information reaches more and things mesh into user friendly adaptations of the rugged and tech scary versions of how we obtain and trade the coins today.

This once tech only world will one day blossom into a household item, a common technology much like the start of Apple computers and the adaptation of the founding tech scary computers to the simple to operate machines we have today. CYPT COIN is going to implement a more simple operation in the near future to gain non tech inclined users to participate. Anyone from any device, like a cell phone, any computer, tablet, or device of other kinds can go to www.cyptcoin.com and get cypt coin for free. Your device loads a screen where you can enter in your user name, an email, and your wallet Id to send the coin to. It really is that simple to get started with trying to collect your first coin. Valid wallets are listed on the website and some of the most popular ethereum wallets are compatible. Most people new to cryptocurrenies get stuck at the wallet id. They don’t understand how to get it and really it’s as easy as making an email and its free and wont require any credit card or personal info. A digital wallet holds your digital coins. One smartphone app called imtoken is free and is known to be very compatible with erc20 tokens like CYPT COIN, although many are available and can be used.

Here is a screenshot of the imtoken wallet app for the android device. You can easily make one for free to get a wallet id to claim coins.

We encourage users to reach out to us via the live web chat if they want to get started, you can also click explore on the top of www.cryptoloot.us to learn more about getting started with the basics, current trends, and news about CYPT COIN. Cryptoloot token is an ethereum blockchain token with a mining reward system.

CYPT COIN Creator to Speak at Chicago Blockchain Convention

The 3rd annual Blockchain Convention is coming to Chicago! Jeremy Higgs, CryptoLOOT Token creator and spokesman, is listed on the event agenda as a speaker during the event. Tickets are on sale now and the agenda for the event can be viewed here. 

CYPT COIN is an ethereum blockchain token that happens to have roots in Chicago due to the nature of it’s creators. With over 1.2 million tokens in circulation in it’s very first month on non-ico inception, the token creator is excited to debut CYPT COIN to the Blockchain Convention.

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Tickets are available now and can be purchased at https://www.blockchain-chicago.com/home , click here to get your tickets now.

The 3rd Annual Blockchain Conference will be held in Chicago IL on April 27th 2018 at Venue Six10 at 8am.