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Topic: Bitcoin Trader Brutally Tortured (Read 1551 times)

member
Activity: 574
Merit: 12
May 07, 2019, 11:58:33 AM
why don't people learn how to work and earn. I am not surprised such a thing is happening as we have seen how people just want quick money without working for it. We should be careful with who we tell we have bitcoin investment as there are so many persons looking for who to steal from and will go through any means to achieve this.
jr. member
Activity: 475
Merit: 1
Tackling Climate Change Using Blockchain
May 07, 2019, 11:36:02 AM
This thing has happened here in my country where someone got beaten to give out his private key. We are living in dangerous times where people are desparate and willing to do anything just to make money. We have to be very careful with who we tell about our investments as not everyone is worthy of our trust. Just be careful out there.
full member
Activity: 280
Merit: 102
May 06, 2019, 11:58:56 PM
In my opinion, the suspect knows the victim personally since the suspect/s get its private key to transfers the funds. For you to get the private key quickly, its impossible if you don’t know where he/she store his/her crypto. If you have large volume of crypto or even small amount, don’t trust anyone. And store your crypto in very safe and secure place.
member
Activity: 616
Merit: 30
May 06, 2019, 11:50:02 PM
It is to this reason we need to be extra careful with who we share our personal data and the types of platforms we sent to. Moreover, we shouldn't fully trust people. People will always be people and they can just "betray" you for money. Anyway sorry to the guy.
But what about those chances that KYC must be sent?this is why i al opposing this KYC issuance most of the time

Our identity was being revealed from this, i am fully suspected that this is the reason why this man was tortured because the suspects are familiar of what they are lookinh on that House
legendary
Activity: 3010
Merit: 8114
May 06, 2019, 11:33:36 PM
It is to this reason we need to be extra careful with who we share our personal data and the types of platforms we sent to. Moreover, we shouldn't fully trust people. People will always be people and they can just "betray" you for money. Anyway sorry to the guy.

See look. This is exactly what I'm talking about. This person clearly did not read the news article and is just chiming in with an extremely bland opinion that has been given countless times already. Yeah yeah I realize I'm in a sig campaign too but at least I'm not a mindless automaton. Really this kind of behavior is embarrassing and the average outsider must think that bitcoiners are retarded.
jr. member
Activity: 250
Merit: 2
May 06, 2019, 06:42:51 PM
 It is to this reason we need to be extra careful with who we share our personal data and the types of platforms we sent to. Moreover, we shouldn't fully trust people. People will always be people and they can just "betray" you for money. Anyway sorry to the guy.
legendary
Activity: 3010
Merit: 8114
May 06, 2019, 06:35:41 PM
Can OP please lock this thread? This story is now over 2 months old and people are still writing the same uninformed comments over and over.
hero member
Activity: 1932
Merit: 506
Betking.io - Best Bitcoin Casino
May 06, 2019, 06:29:12 PM
This is quite interesting and very upgraded way of stealing someone's money without cracking and bypassing it's private key.
There is a good chance that the suspect is his friend/relative or someone who knows more about him as the attack was planned.

This is also a good warning to all of us to be more careful not only in using the web but also to our surroundings as we didn't know what is our neighbor, friends, relatives and etc. were thinking.
sr. member
Activity: 1988
Merit: 453
May 06, 2019, 12:01:56 PM
Sorry for this guy, but in most cases people are to blame for their troubles. No need to tell anyone about what you do and how much you earn. If you attract attention to yourself, you can be on the site of this trader.

You are blaming the victim here. Just ask yourself. How is it possible for a trader to remain anonymous? Even if you are trading in a platform such as Localbitcoins, your details such as name, phone number, email and bank account will be public. I just hope that the criminals who did this will be arrested and put behind bars without delay.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
May 06, 2019, 11:37:33 AM
Anonymity is the most important thing in crypto period unless you can exchange it for something that might worth it like reputation, recognition etc.
Better to remain lowkey and don't let others know that you are holding large fund in bitcoin.

Sometimes boasting of what you have isn't really recommended, it's better to show your success in a silent way.
For the seek of our own safety and security.  We don't need to shout that we are Bitcoiners or crypto traders cause it will caught attention to them,  to the people who are robbers. I don't how safe we are in our place but for this scenario it is better to keep silent and have some business to disguise something..
Yes, you don't have to boast about it. If you are proud of it then show it in some other ways that you can still remain lowkey.

You don't know on who are those people that are looking at your updates. If the topic is money, everyone listen so be careful as those people that has bad intention might listen too.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
May 05, 2019, 07:03:55 PM
Anonymity is the most important thing in crypto period unless you can exchange it for something that might worth it like reputation, recognition etc.
Better to remain lowkey and don't let others know that you are holding large fund in bitcoin.

Sometimes boasting of what you have isn't really recommended, it's better to show your success in a silent way.

Exactly. Big holders, traders and investors should tell nobody about their financial life, it's too dangerous and the threat comes from where you least expect it. Bitcoin is a wealthy asset, other people can become mad if they knew you hold it, mostly if they know you hold or trade a large sum.
In this trader brutally tortured's case, the story doesn't bring details, hard to imagine how the situation really happened: did the trader let the criminals come in? Or did they invade the house? How safe was the house? A trader dealing with bitcoin and having a 4 years old daughter should be more cautious.
hero member
Activity: 952
Merit: 500
May 05, 2019, 06:06:18 PM
Sorry for this guy, but in most cases people are to blame for their troubles. No need to tell anyone about what you do and how much you earn. If you attract attention to yourself, you can be on the site of this trader.
hero member
Activity: 2828
Merit: 518
May 05, 2019, 05:10:47 PM
Anonymity is the most important thing in crypto period unless you can exchange it for something that might worth it like reputation, recognition etc.
Better to remain lowkey and don't let others know that you are holding large fund in bitcoin.

Sometimes boasting of what you have isn't really recommended, it's better to show your success in a silent way.
For the seek of our own safety and security.  We don't need to shout that we are Bitcoiners or crypto traders cause it will caught attention to them,  to the people who are robbers. I don't how safe we are in our place but for this scenario it is better to keep silent and have some business to disguise something..
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
May 05, 2019, 02:31:26 PM
Anonymity is the most important thing in crypto period unless you can exchange it for something that might worth it like reputation, recognition etc.
Better to remain lowkey and don't let others know that you are holding large fund in bitcoin.

Sometimes boasting of what you have isn't really recommended, it's better to show your success in a silent way.
some people are just want to show off, just like people who buys expensive clothing brand, but do we really care about people getting punished for being stupid.
We do care if misfortune happen to others.

Showing off to the public on what you've got is also a mistake. Remaining at your lowest potential personality would bring good especially if you held quite good amount of funds, you don't have to broadcast it so humbling down would be a better choice.
hero member
Activity: 1232
Merit: 503
May 04, 2019, 08:23:51 AM
Anonymity is the most important thing in crypto period unless you can exchange it for something that might worth it like reputation, recognition etc.
Better to remain lowkey and don't let others know that you are holding large fund in bitcoin.

Sometimes boasting of what you have isn't really recommended, it's better to show your success in a silent way.
some people are just want to show off, just like people who buys expensive clothing brand, but do we really care about people getting punished for being stupid.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
May 04, 2019, 08:12:42 AM
Anonymity is the most important thing in crypto period unless you can exchange it for something that might worth it like reputation, recognition etc.
Better to remain lowkey and don't let others know that you are holding large fund in bitcoin.

Sometimes boasting of what you have isn't really recommended, it's better to show your success in a silent way.
sr. member
Activity: 1988
Merit: 453
May 04, 2019, 08:00:18 AM
In my country, BTC deals are under investigation and traders may go to jail for this

Hmm... that is a very difficult situation. In countries such as Nepal and Bangladesh, Bitcoin is banned altogether. Anyone caught trading in Bitcoin will be charged with money laundering and sent to jail (Bangladesh arrested a few traders only last week). Under such circumstances, what are the options that a trader is having in case he is abducted and tortured by criminals?

Bitcoin trading is done online and on exchanges like binance, bittrex etc where the countries like Nepal , Bangladesh has no control. Is it possible for the citizens of those countries to use good VPN and continue trading anonymously ?

Do such exchanges accept users from Nepal / Bangladesh? Also, even in case they are able to register, how can they make the deposits / withdrawals in fiat? These exchanges also need the KYC data, right? How can we be certain that the ID documents that we upload will not end up with the government authorities in Nepal / Bangladesh?
legendary
Activity: 1834
Merit: 1036
May 02, 2019, 06:30:08 PM
A crypto trader from the Netherlands had been brutally tortured in front of his 4-year-old daughter, by 3 suspects disguised as police.  The investigator suspected that the criminals stole some private keys, passwords that transferred the victim's fund to the suspect's wallet. How could the criminal know his a trader and identity, location? Could this be an inside job?

More information here:
Quote
This is why it's not a good idea to expose yourself that you are into Crytocurrency. Others think that those who are into Cryptocurrencies are rich. I didn't read the entire article but I think if someone tries to force you to give your private keys like that, I would give another private key or change a digit or two so they cannot open it.
pey
sr. member
Activity: 546
Merit: 251
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May 02, 2019, 05:43:50 PM
Anonymity is the most important thing in crypto period unless you can exchange it for something that might worth it like reputation, recognition etc.
member
Activity: 420
Merit: 20
simply getting the job done
May 02, 2019, 08:51:50 AM
It resembles a plot from a cyber-punk movie about the future. Of course, the situation is rather sad, and even the enemy would not like to wish that. But we still will never get complete anonymity. In any case, I think so. Otherwise, none of the existing state systems can exist. Each state controls and monitors its citizens. So that they pay taxes, do not violate the laws, etc. Having complete anonymity, your will not be able to track down and, accordingly, you will be able to evade taxes and other payments that the state imposes on you.
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