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Topic: Bitcoin Trader Brutally Tortured - page 2. (Read 1551 times)

full member
Activity: 317
Merit: 110
May 02, 2019, 06:24:18 AM
There ought to be a way to mark BTC which gets stolen like this. Like exploding dye in a bag of cash making the BTC unuseable.
full member
Activity: 448
Merit: 100
May 02, 2019, 12:14:34 AM
This is the exact reason why I really dislike buying those bitcoin stickers and shirts. The last thing I want is to be tortured for me to give the criminals my private keys. Wearing bitcoin or cryptocurrency-related paraphernalia is pretty much like a huge "rob me" sign and is a huge unnecessary risk a person is taking.

That is so dumb. Then how about those rich individuals who uses ferrari, carries a an expensive bag like LV or just even a latest Iphone? Don't do victim blaming because I know for sure that is well-planned and organized by those criminals. It's just that the fate of this fella is very unfortunate that he was targeted by this people.
jr. member
Activity: 475
Merit: 1
Tackling Climate Change Using Blockchain
May 01, 2019, 05:37:44 PM
The criminals who tortured the bitcoin trader knew he has bitcoins and definitely went after him to get access to his private details so as to take his bitcoins. We should all mind who will tell about our investment or about what we do. Not everyone really wish us well. Its a pity such a thing happened to that trader. Thank God his life was spared.
full member
Activity: 322
Merit: 101
May 01, 2019, 12:51:55 PM
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 ?
legendary
Activity: 1264
Merit: 1008
May 01, 2019, 11:31:04 AM
It’s so sad to hear this type of things. It might cause people to stay away from crypto market. On the other hand i feel sad for this man. It shows how important that not to tell other people that you have some bitcoin.
hero member
Activity: 1120
Merit: 554
May 01, 2019, 10:36:45 AM
I'm starting to think that these stories are completely fake just to scare people from holding crypto.  Banks and government have done much worse so I wouldn't put it past them.
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
May 01, 2019, 10:24:32 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?
it's terrible to hear such an event, and even though it was indeed the guy's fault for violating government policy but I don't think they should be treated harshly unless proven to be misusing Bitcoin for things that endanger many people it is quite comparable.
but if you only have Bitcoin and use it to trade then I think they are just enough to be warned in the right way.

The traders who were arrested in Bangladesh were not involved in any criminal activity. Their only "crime" was that they were trading Bitcoins, which is illegal in that country. Yes.. there were a lot of warnings about this. But was the government right in banning the trade of Bitcoin? It is legal in the vast majority of the world nations.
In Bangladesh it is illegal, and to my knowledge majority of the country take a stand of being neutral without imposing any ban or providing any legal support to the use of bitcoin. This isn't the first time such a incident take place, there were several such arrests of traders by the police in Bangladesh.
sr. member
Activity: 1988
Merit: 453
May 01, 2019, 10:09:41 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?
it's terrible to hear such an event, and even though it was indeed the guy's fault for violating government policy but I don't think they should be treated harshly unless proven to be misusing Bitcoin for things that endanger many people it is quite comparable.
but if you only have Bitcoin and use it to trade then I think they are just enough to be warned in the right way.

The traders who were arrested in Bangladesh were not involved in any criminal activity. Their only "crime" was that they were trading Bitcoins, which is illegal in that country. Yes.. there were a lot of warnings about this. But was the government right in banning the trade of Bitcoin? It is legal in the vast majority of the world nations.
full member
Activity: 616
Merit: 100
April 30, 2019, 12:26:34 PM
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?
it's terrible to hear such an event, and even though it was indeed the guy's fault for violating government policy but I don't think they should be treated harshly unless proven to be misusing Bitcoin for things that endanger many people it is quite comparable.
but if you only have Bitcoin and use it to trade then I think they are just enough to be warned in the right way.
sr. member
Activity: 1988
Merit: 453
April 30, 2019, 10:23:17 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?
newbie
Activity: 154
Merit: 0
April 30, 2019, 07:22:36 AM
Bitcoin trader has been tortured brutally? How would those people knows that the person that they are trying to tortured is a trader of bitcoin? How the information of the person leak between those person who tortured him? If you are a Trader you must hidden your identity for your safety matters because if many people will know that you are a trader and they will know that you are getting a lot of profit, they wi try to hunt you and get your incomes in your trading job. So better lets be safe and dont give the private keys that we have, to avoid incidents like that. For now I am also a trader in a platform of darb finance, in which I am studying and exploring the trading world so that I can gain some income about it. In this trading platform it is easy to used and it is easy to  deposit and withdraw your income without any problem.
legendary
Activity: 2982
Merit: 1028
April 28, 2019, 11:41:21 AM
This is a bad and painful thing to happen to crypto holders. It's imperative to be completely anonymous when dealing with crypto. Obviously he was known to be involved in crypto dealings. I personally don't tell how much of what I do and have to people around me. Just give them an idea of the possibility with a caveat on my still thinking about it. This way no one knows that I have.
Well that will secured you from possible danger on your life, you need to stay being quiet even you already succeeding from this industry, that kind of an act always possible when we are dealing with money, crypto have it's value so there's a big need to protect yourself and your assets from possible attackers.
sr. member
Activity: 445
Merit: 250
April 28, 2019, 11:35:29 AM
Of course.  If you think so all that is connected with money and cryptocurrency including this is all a sin.  And this one can never deal with and what will happen?  Will we degrade?
sr. member
Activity: 1596
Merit: 335
April 28, 2019, 11:29:00 AM
This is probably an inside job. There are times when being lowkey and silent about your achievements online is necessary. Anything that involves money attracts sins and crimes.
Whatever we're earning or how much we are earning each day in crypto should be kept in private to get rid of this kind of situation.
full member
Activity: 798
Merit: 104
Buy, sell and store real cryptocurrencies
April 28, 2019, 07:52:41 AM
This is a bad and painful thing to happen to crypto holders. It's imperative to be completely anonymous when dealing with crypto. Obviously he was known to be involved in crypto dealings. I personally don't tell how much of what I do and have to people around me. Just give them an idea of the possibility with a caveat on my still thinking about it. This way no one knows that I have.
legendary
Activity: 1647
Merit: 1012
Practising Hebrew before visiting Israel
April 28, 2019, 04:15:00 AM
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?

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This is exactly why like the rest of your assets: bank statements, land titles, or etc, you should never advertise your crypto holdings. Pseudo-anonymity is weak. Now for those crypto multimillionaires, they should get personal security as if they are CEOs of multinational corporations.
hero member
Activity: 2562
Merit: 577
April 28, 2019, 04:10:22 AM
i don't know but i think this are not the everyday rubbers who will rub you of your money or personal valuables and leave, this to me seem like something personal, a deal gone bad and the victim probably paying for it, because how many robbers actually go about mugging people and requesting for their private keys? i.e if they have knowledge of crypto in the first place, rather you get mugged for your wallet, jewelries in most cases and not private keys, it is sad to hear this but there is definitely more to that story. 
sr. member
Activity: 1428
Merit: 250
April 28, 2019, 03:51:39 AM
It's really terrible for cryptocurrency traders! robbers are don't care about humanity! they can tortured anyone their conveniently! so, need awareness between every wealth holders, no need to do publish everywhere what's your lifestyle, where your biggest source of income! absolutely leading normal life is better for avoid many of misunderstanding in your life! be careful!
sr. member
Activity: 962
Merit: 269
CryptoDirectories.com
April 21, 2019, 02:07:43 AM
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?
it must be a inside job maybe someone see or he tell that he own a lot bitcoin
its better to stay low profile and not share if you have some good fortune even in it cash or bitcoin its the same
hero member
Activity: 938
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
April 21, 2019, 12:42:53 AM
This is really making me worried.

I mean we are investors of a cryptocurrency and we all know that Bitcoin also has a feature of anonymity and if that already happen, what more to people that don't usually know how to secure their wallet and even their identity? We should really be careful with the information we are sharing on the internet, it could be really dangerous if people know our information. We are not just putting ourselves in danger but also our loved ones.
I don't think that the anonymity of bitcoin is involved here. Maybe the suspect was close to his place or one of his friends that he knew that this guy is making a lot of money and because of the jealousy for the money, he tortured this bitcoin trader for hoping that he will get his money and all of his bitcoin because we all know that 1 bitcoin is worth a lot of money.
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