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Scammers impersonate China Business Journal, demand Bitcoin to suppress fake negative reports.

Market News
30 Jul 2026
Crypto news
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Bearish
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Fraudsters have been impersonating China Business Journal reporters, sending emails threatening companies with negative news coverage unless they pay Bitcoin. The newspaper confirmed these messages were unauthorized and likely part of a scam, though no victims or payment details have been disclosed. This tactic combines impersonation and extortion using cryptocurrency, complicating detection and tracing. China Business Journal is gathering evidence and may pursue legal action, warning companies to be cautious of such fraudulent demands.

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Michelin repurchases 193,528 shares at €33.82 each for cancellation on July 30, 2026

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