Analyzing 4.34 million sextortion spams and Bitcoin transactions yields a lower-bound revenue of about $1.3 million over 11 months, mostly flowing to one likely entity.
In2015 IEEE international conference on communications (ICC) (2015), IEEE, pp
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Spams meet Cryptocurrencies: Sextortion in the Bitcoin Ecosystem
Analyzing 4.34 million sextortion spams and Bitcoin transactions yields a lower-bound revenue of about $1.3 million over 11 months, mostly flowing to one likely entity.