If Someone keeps threatening you with some info they have about you, would you simply yield to their request or not?
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Simply complying with the demands can often lead to further demands or even having the blackmailer carry out the coercive threat simply out of spite once you have complied.
Finding and punishing wrong doers is what the police are for. Call them first. Blackmail and extortion are crimes, and it is their obligation to enforce the law. In some cases, the threatened harm is not as bad in real life as it may seem in your own mind. Talk to someone you trust to get an outside opinion. This may be an attorney, who is bound by attorney-client privilege not to reveal your secrets, or a religious leader, teacher, or spouse. See if they can add perspective that might make you feel better about not complying with the blackmailer’s demands and dealing with the possible fallout.
First find out whether they actually have a proof against you or not then find out the maximum harm it can cause you. If it’s a known person then try to find out thier secrets and try to balance it. If you have no other option and the consequences are way too drastic record that person blackmailing you and report it to the Police. Now if this is a relationship based emotional blackmail then just don’t get bothered if you are not wrong