Bitcoin Could Hit $100K! But First, Beware of the Jury Duty Bitcoin Fraud Stealing Crypto Fortunes

    Let's be aware of the fake jury duty scam using Bitcoin fraud to steal money – protect yourself from these scams

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    Updated Mar 24, 2025 7:09 PM GMT+0
    Bitcoin Could Hit $100K! But First, Beware of the Jury Duty Bitcoin Fraud Stealing Crypto Fortunes

    A disturbing new trend has emerged: an intricate jury duty scam that takes innocent citizens hostage and asks for payment in Bitcoin. The scam entails tricksters posing as officials working for the U.S. District Court. They confront their victims with fake arrest warrants that allege they have failed to respond to a jury duty summons. 

    The victims are essentially coerced into paying the alleged fine through Bitcoin and other means that are hard to trace, with threats of arrest looming in the background. Authorities are now advising the concerned public to keep their eyes peeled and to verify any suspicious communication with the court themselves, as this Bitcoin fraud scheme is on the rise, showing the different working methods of criminals in the digital age.

    Authorities Warn of Fake Jury Duty Scam Using Bitcoin

    This bitcoin fraud of jury duty has scammed many by harassing them over the phone and claiming that if they don’t pay right now, they will be arrested. These people impersonate court and law enforcement officials and pressure victims into paying fake fines by using frightful and confusing tactics. The criminals threaten that arrest warrants will be issued against the victim for failure to appear for jury service, even when the victim never received or missed a summons.

    Adding to the multitude of frauds, some have turned to demanding payments in the name of Bitcoin, a versatile fraud that is almost impossible to trace and recover. They would invite the victims to click on links or scan QR codes leading to the criminals’ Bitcoin wallets. Using Bitcoin is particularly attractive to con artists because transactions done via Bitcoin are irreversible.

    Courts and law enforcement agencies keep sending warnings to the general public about scams and prompt them to verify the authenticity of any summons for jury duty by directly communicating with the local court. Thus, such courts will never request the payment within an hour or so, especially using cryptocurrencies, gift cards, or wire transfers. Keeping oneself updated and with an appropriate mindset would save anyone from becoming a victim of such increasing sophistication in the procedure.

    Bitcoin Price Prediction:

    On 23rd March, Bitcoin was hit by selling pressure, characterized by several death crosses on the MACD. Concurrently, the RSI was indicating overbought conditions, suggesting a pullback could be possible. However, all of these bearish signs saw price finding support around the $83,641 level even after hitting the resistance of $85,419. 

    Chart 1, analysed by anushrivarshney2613, published on TradingView, March 24, 2025

    On March 24th, a series of crossovers appeared on the MACD during 00:50 UTC and 08:05 UTC, depicting possibly a rise in bullish momentum. But RSI is being overbought yet again, so caution is advised. A break here could indicate newer upsides; otherwise, a failed bull attempt might see the price correct back to the $83,641 support level. With the recent proliferation of Bitcoin frauds, with fake jury duty scams demanding payment in Bitcoin, investors should be careful. Market manipulation and volatility are still existing concerns, even with good technical indications. Research well, and manage your risk while trading cryptocurrencies.

    Staying Safe Amidst Scams: Bitcoin’s Future Hinges on Vigilance

    While the troubling upsurging of fake jury duty scams and other instances of bitcoin fraud casts a shadow upon the tapestry of the cryptocurrency landscape, it is still to retain the perspective: These are disturbing scams, but that does not mean that they leave a permanent mark in the future of Bitcoin itself. 

    Many analysts hold bullish predictions when it comes to bitcoin price prediction, indicating an exceptional rise by increased adoption along with limited supply. Yet, there are warning voices as well. The eventual long-term price will depend essentially on other factors, such as changing regulations, technology advancements, and the general sentiment in the market about cryptocurrencies.

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