A new bitcoin wallet, 1M8PVastyuVeM5Rzyeg5WhcCzAYzUfZwZo, has been identified as part of ‘Sextortion’ scam. Scammers are using this wallet to extort money from victims by threatening to release personal information if payment is not made to the wallet. However, it’s important to remember that this wallet is just one of many used by scammers, and it’s