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Scams, Schemes and Hacks
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September 7, 2021

Hackers Crack Russian Government Website, Launch Shameless Bitcoin Giveaway Scam: Report

By Daily Hodl Staff

Anonymous hackers have reportedly undermined a Russian government website in order to launch a Bitcoin (BTC) giveaway scam.

The malicious actors targeted a website that belongs to local government officials in the Russian city of Ryazan, reports the local Russian news outlet Izvestia.

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Advertised as the “Ryazani online lottery,” the hackers initially claimed to offer 0.025 ??? ($1,300) to every visitor who installed a particular application on their device.

The offering was then revised, stating $1,000 in BTC would be given away to five randomly chosen people, as seen in screenshots of the fraud website published by a local news outlet.

Zooming out from Russia, data from the renowned data analytics from Chainalysis has been keeping track of where crypto-related scams are growing globally. 

Source: Chainalysis

According to Chainalysis, Africa is leading the world in illicit crypto activity, followed by Eastern Europe, where Russia is located.

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