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Topic: Armed robbers have raided the house of a British virtual currency trader - page 4. (Read 690 times)

newbie
Activity: 31
Merit: 0
This is very interesting story since the robbers also knows the crypto. If this is the case no way the victim can reclaim his BTC. One question arise with this story is how can We protect our coins with actual robbers.
dx5
sr. member
Activity: 303
Merit: 251
This is not the first of such a case. Just a few weeks ago. Actually when Eth was around $300, a guy had around $2,000,000 worth of Eth, and his friend kidnapped him and forced him to give him the private key.
hero member
Activity: 981
Merit: 503
Seems like well planned robbery and tight targeted victim.

I think that this kind of robberies will get more and more with the increased crypto popularity. We must be careful what we are sharing online.
newbie
Activity: 25
Merit: 0
Just asking, would the government make an action about this? Would it be possible to return the stolen amount the person?
legendary
Activity: 1848
Merit: 1000
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.
There was one recently where someone was forced to hand over / send their bitcoin at knife point, I think the victim was an exchange owner or was just reported as one, not sure, this was in the UK also.
legendary
Activity: 1540
Merit: 1016
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.
hero member
Activity: 2632
Merit: 833
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.
member
Activity: 90
Merit: 11
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/

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?

The angle is to always be very cautious about using your real name anywhere in the crypto world and do not openly allow people to know of your wealth. Also if you end up being wealthy, get yourself a very good security system!

Realistically the guy is never going to get those coins back unless they can catch the guys, even then it's unlikely. I wonder how this one would be looked at from an insurance point of view, this could be the first case of its kind if he tries to claim under some home insurance or something similar. Cash would be covered so should bitcoin not also be?

That insurance angle is definitely going to be one that's going to have to be looked at in the future.
member
Activity: 182
Merit: 14
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.
legendary
Activity: 2562
Merit: 1441
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/

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?
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