Man in Tries to Blackmail £47,286 in Bitcoin From Sky

A former Sky worker has been sentenced to two years and four months in jail. Imoudu Chaba, a 37-year-old man from Manchester, worked at Sky as a customer service representative in Manchester.

After months of barely scraping by, Chaba believed he had been fired from the organisation unfairly. The 37-year-old man believed he could transfer over £40,000 worth of Bitcoin by using extortion to get a senior Sky employee to do something for him. He intended to accomplish this by breaking into the hard drive of a former coworker and stealing the information of over 11,000 clients.

In January 2018, the man from Manchester's Baguley neighbourhood wrote an anonymous letter stating his requests to a senior employee. He then made a threat to publish private information, including names and addresses, on the dark web, where fraudsters scour for new fraud victims.

He was detained in 2020, and he admitted guilt to four counts of blackmail at Manchester Minshull Street Crown Court.

Bitcoin (BTC) in the Green

In other developments, there has been a significant decrease in the cryptocurrency market this year, and things were not looking good for the well-known cryptocurrencies in the sector. Since the cryptocurrency market tends to suffer bear runs, which are frequently followed by bull runs, investors initially maintained their confidence even though Bitcoin, Ethereum, and other cryptocurrencies had all reached record lows.

Bitcoin's recent downward trend has ended and the market is currently moving toward more favourable conditions. Bitcoin has now been in the green, for almost a week, signalling a significant increase in value.

Since it is a base-layer monetary network with a fixed maximum supply of 21 million coins, Bitcoin is rarer than gold. It is very easily divided, instantly and flawlessly verifiable, and has a long shelf life. It will be distributed for the following 118 years after that, after which no more will ever be printed. When stored properly, Bitcoin also has very little to nil carrying costs and cannot be taken away, not even forcibly.

Big Eyes Coin (BIG) On Track to Hit $10 Million Milestone

Big Eyes Coin joined the cryptocurrency market at a risky period as a result of the ongoing industry failures that have taken place throughout this year. BIG is a meme cryptocurrency with a cat design that aims to protect the sea, a crucial part of the world's ecology, while also transferring wealth to the decentralised financial system. Cryptocurrency aficionados are still fascinated by the Big Eyes Coin.

Big Eyes Coin uses non-fungible tokens to increase the value of the assets in its community, and its amusing cat memes may help it expand in the NFT market. Big Eyes Coin now has a sizable social media following; it is predicted that this popularity will increase once the Sushi Crew NFTs are made accessible. The blockchain network wants to achieve this by giving away 80% of the 200,000,000 tokens that are now available to organisations that support ocean conservation.

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