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bitcoin supporter turns the tables on hacker, offers $20,000 bounty

A hacker trying to demand a $20,000 ransom from a millionaire bitcoin supporter backed down after the victim offered a $20,000 bounty

| Hacking & Security News | Posted: May 29, 2014 11:23 pm

A hacker was forced to back down after a millionaire cryptocurrency supporter offered a $20,000 bounty to identify the people responsible for hacking his Hotmail account. Roger Ver, dubbed "The Bitcoin Jesus," was compromised by someone using the hacker handle "Nitrous" and received a letter demanding 37 bitcoins, or Ver's Social Security number and other personal information would be released.

 

TweakTown image news/3/8/38074_01_bitcoin_supporter_turns_the_tables_on_hacker_offers_20_000_bounty.jpg

 

Instead, Ver offered $20,000 on Facebook, seeking information that the police could use to arrest Nitrous. Shortly after, the hacker offered a written apology to Ver via email, claiming he was "just a middleman" and demanded payment because he "was being told what to tell" Ver.

 

It's an ironic twist - as most hackers would quietly steal the personal information and later sell or trade it - though "Nitrous" wanted to get paid directly by the victim. Ver, a U.S. citizen currently living in Japan to better promote bitcoins, doesn't expect law enforcement to arrest the hacker, however.

NEWS SOURCESNews.sky.com, Media2.s-nbcnews.com

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