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Topic: Binance Client Executives Kidnapped, Forced to Empty Crypto Wallets - page 4. (Read 542 times)

legendary
Activity: 4410
Merit: 4766
this topic is not bitcoin this is a USDT topic or a wallet/service topic

general binance customers dont get the same level of support compared to "executive clients"
most users wait days for automated responses of please read guides/FAQ

seems it is only news worthy because "clients" had direct communication access with leaders in binance to trigger a analysis investigation and contact other wallet service to act, and the act was 94% successful

other stories of stolen funds where services say "not our problem" dont get the same attention, result
hero member
Activity: 994
Merit: 1089
Crazy story, cz said they were 'lured' to a business trip, so i guess it means the attackers organized the meeting and lured these clients in order to attack them, cz didn't provide too much information, like where these clients travelled from to Montenegro. It is strange that they could fall for a fake meeting such as this one, and since they were robbed of crypto, i believe they must have exposed themselves by talking much about crypto with their attackers before embarking on the 'business trip'.

To look at it from another angle, cz may just be saying this to boost customer trust in Binance by claiming that they were able to intercept the stolen funds and recover nearly everything. If you follow the thread on X, many people there claimed they have lost funds in Binance, but the exchange were not able to recover anything, even when the stolen funds was sent to another Binance account; so is there a chance that this story by cz is made-up?
member
Activity: 238
Merit: 68
The forum of keyboard warriors & crypto pro's!
Thanks, changed it now. was not sure where it fitted the best since the action is some way of robbery and BTC is just the currency.
I have said before, it is not about bitcoin but about altcoin which is USDT on Tron blockchain. We would not like it in altcoin discussion but instead in beginners & help board and beginners & help can help newbies to understand more about this and why they need to leave a private crypto life

We really need cyber security and privacy board.

Ok thanks and calm down, nobody will die if a post is in wrong thread.  Smiley
Ye agree it would be better to add a board like that.

Regards BabyB. 👼
legendary
Activity: 1064
Merit: 1298
Lightning network is good with small amount of BTC
Thanks, changed it now. was not sure where it fitted the best since the action is some way of robbery and BTC is just the currency.
I have said before, it is not about bitcoin but about altcoin which is USDT on Tron blockchain. We would not like it in altcoin discussion but instead in beginners & help board and beginners & help can help newbies to understand more about this and why they need to leave a private crypto life

We really need cyber security and privacy board.
hero member
Activity: 826
Merit: 641
Leading Crypto Sports Betting & Casino Platform
I read the news 2 days ago and this is pathetic now but we should get used to it as many more would happen. This is why we should be very careful in our crypto dealings and communications so that it won't land us in trouble. Do not let people know your worth in crypto and do not let anyone know in what crypto you have your assets.

It's money for a Binance client executive now, what if it would cost the life of another in another event? Let's be wise. And I love the smartness of the victim, he actually declared the asset in the USDT knowing that there would still be a solution through tracking. Kudos!
member
Activity: 238
Merit: 68
The forum of keyboard warriors & crypto pro's!
First of all, your topic is in the wrong place, it should be in Bitcoin Discussion.

Also, technically anyone who uses the Binance exchange is a client, so I imagine a lot of people who happen to use Binance had been extorted & robbed over the platform's lifetime too.

But kidnappings? That only happens quite rarely.

Thanks, changed it now. was not sure where it fitted the best since the action is some way of robbery and BTC is just the currency.

- Regards BabyB. 👼
legendary
Activity: 1064
Merit: 1298
Lightning network is good with small amount of BTC
First of all, your topic is in the wrong place, it should be in Bitcoin Discussion.
The stolen fund is not in bitcoin but altcoins which is USDT on Tron blockchain.

Also, technically anyone who uses the Binance exchange is a client, so I imagine a lot of people who happen to use Binance had been extorted & robbed over the platform's lifetime too.

But kidnappings? That only happens quite rarely.
It is becoming common because people are not leaving a private life. I mean a privacy life for their crypto holdings.

Swedish Bitcoiners targeted by armed criminals
legendary
Activity: 1568
Merit: 6660
bitcoincleanup.com / bitmixlist.org
First of all, your topic is in the wrong place, it should be in Bitcoin Discussion.

Also, technically anyone who uses the Binance exchange is a client, so I imagine a lot of people who happen to use Binance had been extorted & robbed over the platform's lifetime too.

But kidnappings? That only happens quite rarely.
member
Activity: 238
Merit: 68
The forum of keyboard warriors & crypto pro's!
Binance Client Executives Kidnapped, Forced to Empty Crypto Wallets — CZ Says Total Loss Was $12.5 Million

"Binance CEO Changpeng Zhao (CZ) has shared a story of how executives of a Binance client were abducted and forced to empty their crypto wallets. CZ detailed how the cryptocurrency exchange was able to track the transactions and freeze over 94% of the stolen funds."

Source: https://news.bitcoin.com/binance-client-executives-kidnapped-forced-to-empty-crypto-wallets-cz-says-total-loss-was-12-5-million/

I just read this, what the hell is going on in this world? It's a dark place we all living in.  Cry
Me personal think this is impossible to happen without inside work from Binance. What do you think? 😎

Good point by Franky1 and something to think about.
The thief/kidnapper obviously done research, found wealthy people, formed a relationship, invited them somewhere.. the victims know details of the perpetrator. im sure the thief is being chased if not already arrested


- Regards BabyB. 👼
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