I read a joke about this robbery they said that will not happen if the victim store bitcoin at Kraken, because it so god damn slow to access even,
joke aside.
the more reason to not talk about crypto IRL, I mean with that's information only you can get a gunpoint by someone close to you.
Topic: Armed robbers have raided the house of a British virtual currency trader - page 3. (Read 690 times)
February 10, 2018, 05:03:46 PM
February 10, 2018, 04:26:22 PM
I think the victim of the robbery attack is a celebrity in the crypto market because as you know crypto investment is anonymous and there is no reason the robbers can know the victim is having the bitcoin number big to attack. I think it's a bit risky to brag about investing in crypto and bitcoin on social networks.
February 10, 2018, 04:07:47 PM
This sounds interesting, how come those robbers learn about the ownership of that crypto trader as we all know we trade anonymously. I think the person who did that know the victim very well because our bitcoin can be save in our wallet without the knowledge of any people around us unless we disclose it to them. Well anyway I don't think government will ever help them since it is not regulated but this should be a lesson for crypto holders, we must be very careful in giving information to others.
February 10, 2018, 03:48:25 PM
Well I actually think this is a big issue that needs to be solved, so that people can feel secure while they hold bitcoin at their homes. As we all know bitcoin is not really anonymous, so if robbers manage to link btc address to people, the they can see how much money they have, and they can plan an assault. They can then physically threat the BTC owners and force them to make a transaction to them. If they are fast enough, they can easily cash out the coins, or can try to send them to multiple addresses in order to make it difficult to track them as they move the coin around.
Although I prefer cryto to banks from many reasons, this is still one big argument that favours banks or centralization over bitcoin. It's harder to make these kind of assaults with fiat, because they are held at the banks, and you can't just transfer big amounts like that.
Although I prefer cryto to banks from many reasons, this is still one big argument that favours banks or centralization over bitcoin. It's harder to make these kind of assaults with fiat, because they are held at the banks, and you can't just transfer big amounts like that.
February 10, 2018, 03:23:03 PM
Just asking, would the government make an action about this? Would it be possible to return the stolen amount the person?
Nope, and certainly not the government since this is strictly the law enforcement job.
Because unless they will manage to get them, and their wallets there is no way to return those coins.
And it's going to be a pain in the ass even if they do since the victim will also have to prove he owned that much coins in the first place and that they indeed did steal them from him.
If bitcoins are regarded as a legal tender/asset in your country, it would be possible to make a report to the police about the incident and conduct further investigation about the matter. However, if your country don't have any laws regarding bitcoin as an asset, chances are you won't have any say about the event but would just be a living example that even crypto isn't safe from these criminals since they'd still have a way to get your precious coins no matter how hard you keep it.
It doesn't matter if they are regarded as legal tender or not.It's still robbery.
If you come to my house and you steal all my dwg files for example from my computer or erase them, it's not a crime?
That indeed is worrying, and this is why Bitcoin will always be a safe. If those people had gold, they would have no faith, but Bitcoin actually permits to track the bitcoins. Yes I have to agree it will be hard, but always possible.
It's a hundred times harder to sell 10 kilos of gold than mixing 100 BTC.
Back to the story, I just knew this pic had to be saved.
I wonder what would have happened in the case of a multisig address with the second one stored in some safe place.
February 08, 2018, 10:35:06 PM
I believe this guy's identity might have been leaked thru exchanges databases or other platforms that needs KYC. If not, only his close relatives, friends would have known his involvements in the cryptocurrency space. Either of this two might be the cause.
February 08, 2018, 10:13:57 PM
It is a problem that is very rare in the world krypto, I think this is just the first time happened since bitcoin it there and I do not believe the thought why it can happen, it was a bad experience hopefully the future more berhati myself again.
February 08, 2018, 06:42:41 PM
3 months ago, one of the biggest Turkish exchange owner had kidnapped and forced to give private key of the cold wallet. Kidnappers stole 150 BTC. So this news is not the first physically stolen Bitcoins via force. I am sure there were some other robberies too.
i hadn't heard about that one. but 2 months ago, a director at EXMO (exchange set up in the UK that caters to people in russia/former CIS countries) was kidnapped and held for a $1 million ransom. the ransom was paid in bitcoins and he was released.
the scary thing about all these cases? they all involve victims who were targets just because of their involvement with cryptocurrency. because of their jobs.
a reminder: don't announce your holdings to anyone except your closest loved ones and trusted friends. and if you want to get involved in the industry as someone with custodial access to lots of crypto......think again. it's obviously a dangerous occupation.
February 08, 2018, 06:06:45 PM
This is really shocking. Not only hackers are very active targeting unsuspecting victims, but it looks like they took it to the next levels. Criminals are now hunting bag holders in this case a currency trader which they know holds a lot of bitcoins in their wallet. This will clearly set precedence to other criminals to track down people who have stash huge amount in their bitcoin wallets. As much as we want to avoid it, we are helpless at this point. Pointing a gun at your face is very scary and the best thing to do is really give them your private key and your crypto portfolio. I really do hope that they catch this criminals and locked for good.
This is one big disadvantages of bitcoin since everything is public and is there in the blockchain, the criminals are sure to use this information to target people in the future, and as bitcoin becomes more valuable it is safe to say events like this will become more common, this is why it is important to not brag too much about your bitcoin holdings. 
February 08, 2018, 03:29:42 PM
Just asking, would the government make an action about this? Would it be possible to return the stolen amount the person?
If bitcoins are regarded as a legal tender/asset in your country, it would be possible to make a report to the police about the incident and conduct further investigation about the matter. However, if your country don't have any laws regarding bitcoin as an asset, chances are you won't have any say about the event but would just be a living example that even crypto isn't safe from these criminals since they'd still have a way to get your precious coins no matter how hard you keep it.
You guys do understand the fundamental flaw of this whole story right? Don't name your highly speculative lucrative company after yourself, that is a good way to avoid most of this mess happening I believe 
.
.That is if you're dealing with cryptos, perhaps? It's really hard to leave your personal trail on the internet since there's a high possibility that your identity would be used in illegal activities or be target of a highly organized crime group especially if you're prominent in a community or whatnot. Lesson learned, I guess?
February 08, 2018, 03:13:24 PM
The story was predicted by a lot of people so far. No matter how you have you`re currency stored, someone will always want to get it. Safe code or blockchain private key - it is all the same. Even if you take precautions, everything can happen. Thanks God, I have nothing to be stolen)))
February 08, 2018, 02:22:52 PM
You guys do understand the fundamental flaw of this whole story right? Don't name your highly speculative lucrative company after yourself, that is a good way to avoid most of this mess happening I believe .
. 
February 08, 2018, 02:04:46 PM
One of the disadvantages of btc is the ease of being stolen cuz the transfer is very easy. I hope events like this never happen again cuz it would be impossible to track all the robberies in blockchain.
February 08, 2018, 01:47:55 PM
Quote
Armed robbers have raided the house of a British virtual currency trader, forcing him to transfer Bitcoins after tying up his wife and threatening him with a gun, British media reported on Monday.
The robbery happened on January 22 at the couple's home in the village of Moulsford in southeast England, according to the Daily Mail, which said the cryptocurrency crime was the first of its kind.
Four robbers wearing balaclavas broke into the house of Danny Aston, 30, and his wife Amy Jay, 31.
A Thames Valley Police spokesman quoted by the Daily Telegraph said only that police were investigating an "aggravated burglary" in Moulsford last week and that the occupants of the house had been "threatened".
According to company registry records, Aston and Jay are directors of Aston Digital Currencies, which specialises in managing virtual currency portfolios.
The company was created in June 2017 at a time when Bitcoin was trading at around 2,500 euros.
It has since risen sharply to a peak of 16,323 euros on December 17 before falling back below 10,000 euros.
No arrests have been made but the reports said that Aston may have been targeted because of his high profile in the cryptocurrency community.
Using a pseudonym, Aston has carried out more than 100,000 transactions with 16,375 partners.
Some of them referred to him online using his real name, which may have led robbers directly to him.
Bitcoin is a virtual currency created from computer code that allows anonymous transactions. Unlike a real-world unit such as the US dollar or euro, it has no central bank and is not backed by any government.
https://hedgeaccordingly.com/2018/01/armed-robbers-have-raided-the-house-of-a-british-virtual-currency-trader.html
Better source if anyone wants it: http://www.telegraph.co.uk/news/2018/01/28/britains-first-bitcoin-heist-trader-forced-gunpoint-transfer/
The robbery happened on January 22 at the couple's home in the village of Moulsford in southeast England, according to the Daily Mail, which said the cryptocurrency crime was the first of its kind.
Four robbers wearing balaclavas broke into the house of Danny Aston, 30, and his wife Amy Jay, 31.
A Thames Valley Police spokesman quoted by the Daily Telegraph said only that police were investigating an "aggravated burglary" in Moulsford last week and that the occupants of the house had been "threatened".
According to company registry records, Aston and Jay are directors of Aston Digital Currencies, which specialises in managing virtual currency portfolios.
The company was created in June 2017 at a time when Bitcoin was trading at around 2,500 euros.
It has since risen sharply to a peak of 16,323 euros on December 17 before falling back below 10,000 euros.
No arrests have been made but the reports said that Aston may have been targeted because of his high profile in the cryptocurrency community.
Using a pseudonym, Aston has carried out more than 100,000 transactions with 16,375 partners.
Some of them referred to him online using his real name, which may have led robbers directly to him.
Bitcoin is a virtual currency created from computer code that allows anonymous transactions. Unlike a real-world unit such as the US dollar or euro, it has no central bank and is not backed by any government.
https://hedgeaccordingly.com/2018/01/armed-robbers-have-raided-the-house-of-a-british-virtual-currency-trader.html
Better source if anyone wants it: http://www.telegraph.co.uk/news/2018/01/28/britains-first-bitcoin-heist-trader-forced-gunpoint-transfer/
No mention of how many BTC was stolen. Apparently this is the first case of bitcoin being physically stolen via force in history. It will be interesting to see if the BTC is recovered. Also interesting: thieves were armed with a gun. The article mentions the person robbed carrying out more than 100,000 bitcoin transactions! That's a lot of transfer fees!
I feel like there's an interesting and important angle to this news story that I'm missing. If someone can spot it, please point it out to me!
On the positive side, its good no one got hurt. Does anyone think he'll have his funds returned by law enforcement?
It will not really happen to you if you are not bragging about your profits in crypto. Just be silent about it if you do not want to happen bad to you.
February 08, 2018, 12:50:11 PM
That indeed is worrying, and this is why Bitcoin will always be a safe. If those people had gold, they would have no faith, but Bitcoin actually permits to track the bitcoins. Yes I have to agree it will be hard, but always possible.
I feel like all it really takes to make it untraceable is a mixer. I don't know if I'm wrong about that, but it seems like mixers would just keep the anonymity for whatever the small transaction fee is. After that, the coins are basically untraceable and that defeats most of your point. Like taking gold and leaving with it, a robber can take bitcoin, make the transactions anonymous through a mixer, and leave with the money.
February 08, 2018, 12:48:42 PM
GOLDIATH is the online name of the mentioned businessman which has been robbed. He has a famous name and his real name was probably spotted by some well-organized criminal group. They can even be his close friends to whom he discovered his crypto wealth. All is relative right now and the police of the UK can only give positive interviews about their closing to the criminal hideout ( actually they will never catch the thief).
This is actually not the first physical robbery that includes the cryptocurrencies. Goverment gives us the information over the media that they can not suppress and hide. By my opinion there had already been many physical robberies of the cryptocurrencies in the criminal circles that cannot be revealed to the public (reveal can only lead to the prolongation of the investigation that the authorities are conduting). We are all victims of the false media publishment that the government uses for the manipulation.
This is actually not the first physical robbery that includes the cryptocurrencies. Goverment gives us the information over the media that they can not suppress and hide. By my opinion there had already been many physical robberies of the cryptocurrencies in the criminal circles that cannot be revealed to the public (reveal can only lead to the prolongation of the investigation that the authorities are conduting). We are all victims of the false media publishment that the government uses for the manipulation.
Wasn't the whole silk road being taken down a pretty famous "robbery" of cryptocurrency? The government seized all of the operator's bitcoin.
I guess this could be one of the dangers of bitcoin. There are a lot of self-made millionares, people that have made a lot of money off of the coin. If criminals get the right information about these people, it's likely that the investors won't have much protection. It's not like they're stars that have bodyguards and whatnot. All it takes is a criminal, a gun, the investor, and his private key. After that, the rest is history.
February 08, 2018, 12:48:28 PM
That indeed is worrying, and this is why Bitcoin will always be a safe. If those people had gold, they would have no faith, but Bitcoin actually permits to track the bitcoins. Yes I have to agree it will be hard, but always possible.
February 08, 2018, 12:06:27 PM
It is very shocking to hear this. I thought that Bitcoin investments are safer and good option for rich people to keep their money protected. Now, even Bitcoin investors are being targeted and it is sad.
February 08, 2018, 10:50:18 AM
No mention of how many BTC was stolen. Apparently this is the first case of bitcoin being physically stolen via force in history. It will be interesting to see if the BTC is recovered. Also interesting: thieves were armed with a gun. The article mentions the person robbed carrying out more than 100,000 bitcoin transactions! That's a lot of transfer fees!
I feel like there's an interesting and important angle to this news story that I'm missing. If someone can spot it, please point it out to me!
On the positive side, its good no one got hurt. Does anyone think he'll have his funds returned by law enforcement?
People who have been into BTC all along and earned much money investing in it should be extremely cautious. I wonder why didn't he have at least 20 BTC wallets to execute those transactions, it would increase his anonymity at any rate. As for refund, I don't think he'll receive anything, even if we assume that law enforcement is interested in it. Those people have probably sent that money in all directions to conceal it. I feel like there's an interesting and important angle to this news story that I'm missing. If someone can spot it, please point it out to me!
On the positive side, its good no one got hurt. Does anyone think he'll have his funds returned by law enforcement?
February 08, 2018, 10:12:31 AM
Thanks to the popularity of crypto currency, some people became rich. But now it's better to keep silent that you are working in this area, and do not commit provocative purchases. Because this is not the first such case that I see.
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