Crypto Blackmail and Extortion Scams: What to Do

July 12, 2026 3 min read

Crypto blackmail scams are emails claiming the sender has compromising information about you and demands payment in crypto. They are almost always fake.

How They Work

StageContent
Subject”You need to read this immediately”
Claim”I have footage of you visiting adult websites"
"Evidence""I installed malware on your computer and recorded you”
Demand”Send $2,000 in Bitcoin to this address”
Threat”I’ll send the video to all your contacts”
Deadline”You have 48 hours”

Why It’s a Scam

ClaimReality
”I hacked your webcam”Most people cover their webcam
”I have your passwords”Password from an old data breach (not your current one)
“I recorded you”No footage exists
”I’ll send to your contacts”Empty threat
”I’ve been watching you for months”No evidence of this ever happening

How They Get Your Password

Data breaches. Your email and an old password were leaked in a breach. They paste the old password into the email to make it look real.

What It MeansWhat to Do
They have an old passwordDon’t panic — it’s from a breach
They don’t have your current passwordChange passwords if worried
They don’t have access to your accountsNo breach of your current security

What to Do

StepAction
1Don’t respond
2Don’t send crypto
3Don’t click any links in the email
4Mark as spam/phishing
5Change your email password if it’s the leaked one

Other Variations

VariationWhat They Claim
Hitman scam”I’ve been hired to kill you, pay me £5K to cancel”
Fake court order”You missed jury duty, pay this fine in crypto”
Tax scam”HMRC is about to arrest you, pay in Bitcoin”
Romance extortion”I have our private messages, pay or I’ll share them”
Deepfake threat”I have AI-generated video of you, pay or I’ll release it”

The Common Thread

All of these rely on fear and urgency. The scammer creates panic so you don’t think clearly. The threat is always fake.

When to Actually Worry

It’s almost never real. But if:

  • They reference something specific only a real hacker would know
  • They have access to an account you use
  • The threat is personalised in a way that can’t come from a data breach

Then take it seriously, but still don’t pay. Contact the police.

Bottom Line

Crypto blackmail emails are automated scams. They use old passwords from data breaches to seem real. Don’t pay, don’t respond, and mark as spam. The threat is empty — no one is watching you. If you’re concerned, run an antivirus scan and change your passwords.

← Back to Crypto Scam Search all articles
This content is for educational purposes only. Not financial advice. Do your own research before investing.