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Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Panera Bread, Porn, & Bitcoin At Center of Alleged Scandal Involving 86-Year-Old Woman

Tony "The Bull" Severino
Tony "The Bull" Severino
5 years ago
3 mins read

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Let’s face it, there aren’t many instances where you can imagine a story entailing Bitcoin, porn, and Panera Bread, but that’s exactly the case with an 86-year-old Chicago woman.

The tech-savvy elderly woman was able to connect the dots as to how a Bitcoin extortionist was able to find her through a data leak stemming from a Panera Bread rewards account she signed up for to receive a free bagel on her birthday.

Birthday Bagel Turns into Bitcoin Extortion Scam and Porn-Related Threats

While its certainly a stereotype and outliers exist – just like the 86-year-old woman at the center of this story – most elderly aren’t exactly the most tech-savvy of internet users. There are communities dedicated to this common stereotype such as “Old People Facebook” on Reddit.

However, Arlene Kaganove from Chicago doesn’t fall victim to such stereotypes and because of it, she also didn’t fall victim to a Bitcoin extortion scandal.

Related Reading | Bitcoin Extortionists Turn From Blackmail to Bomb Threats 

The 86-year-old woman was shocked to find threatening emails sent to her accusing her of watching porn, which she says is “hilarious.” “They told me I have very good taste in porn so I thought that was nice,” Kaganove said, showing how lighthearted she looked at what could otherwise have been a scary situation.

The extortionists were demanding $1,400 in Bitcoin, but the woman has two masters degrees in chemistry and law, and despite saying the hackers would only see “a little old lady cursing at the computer,” she is far savvier than the cybercriminals took her for.

Kaganove kept detailed notes about what password she used to sign up for what. She claims to sign up for many free programs, including one from Panera Bread to receive birthday rewards. But because she did keep notes, she realized that the crypto-seeking criminals were allegedly related to Panera Bread, which suffered a massive data breach back in April 2018 that saw millions of customer’s data leaked.

Panera denies the allegations in a statement, saying that no “MyPanera Rewards account passwords were exposed during the April 2018 incident,” and that “Arlene’s account was not accessed improperly.”

Related Reading | Crypto and Bitcoin Ransom: A Rapidly Growing Trend

Whatever transpired, Arlene was able to realize the threat was nothing more than a scam and called the police. She doesn’t want others to fall victim to the scam.

“If they are sending six [letters] to me, they are sending a lot more to people,” she said. “I am sure someone is sending them money.”

Six months ago, this NewsBTC journalist also received a similar threat, with similar claims as the one Arlene received. The scam is widespread and is reaching everyone from tech-savvy crypto journalists to innocent old ladies seeking a free bagel. The one common thread amongst these is that the scammers have zero proof of the threats they are making, and hoping to scare people into sending funds.

If this happens to you, contact your local authorities.

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Tony "The Bull" Severino
Tony "The Bull" Severino

Tony "The Bull" Severino

Tony "The Bull" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market.
A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony’s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements.

Read more

Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions.

In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony’s expertise to guide their trading strategies.

Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies.

Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders.
His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics.

Tony’s nickname, "The Bull," aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice.

In summary, Tony "The Bull" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
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