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Topic: Bitcoin Trader Brutally Tortured - page 8. (Read 1551 times)

full member
Activity: 714
Merit: 114
March 06, 2019, 08:03:02 PM
#67
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.

no meyt wearing crypto shirts and other accesories does not mean that you are presenting yourself to criminals/robbers   .  didnt you see that other rich people also wear's expensive brands  ? but they are rarely got robbed   . its only up to the person if how he secure himself  .  in my case i always wanted to wear crypto apparels but i cant find anything on our place    . i dont scared to get robbed because i dont carry all of my cash whenever i go outside .
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
March 06, 2019, 07:58:29 PM
#66
There was a Brit who was robbed for BTC but his company name was something like 'bitcoin trading ltd' and it had his home address attached to the company registration. That's not too clever.

I wonder how public this guy was.
hero member
Activity: 2744
Merit: 588
March 06, 2019, 07:54:40 PM
#65
I've read same case before and to be exact it was this; 'Britain's first Bitcoin heist as trader forced at gunpoint to transfer cyber currency'

You shouldn't let others know that you are into bitcoin, remain lowkey. You don't have to boast on how much you've got or as much as possible just don't let others that you are into bitcoin.

That should be the way of living, remain lowkey.
No need to boast on anyone. And sometimes social media channels have large role on how they learn about you.
You don't know someone is already following your movements and updates via your fb, twitter, name it...
Be discreet with your life if you want to avoid being the target of these criminals.
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
March 06, 2019, 07:36:39 PM
#64
I've read same case before and to be exact it was this; 'Britain's first Bitcoin heist as trader forced at gunpoint to transfer cyber currency'

You shouldn't let others know that you are into bitcoin, remain lowkey. You don't have to boast on how much you've got or as much as possible just don't let others that you are into bitcoin.
legendary
Activity: 2268
Merit: 16328
Fully fledged Merit Cycler - Golden Feather 22-23
March 06, 2019, 06:45:28 PM
#63
I can’t believe nobody brought this always relevant XKCD comic up in 4 pages of thread:



Meaning is no matter how secure your private keys management system is,play it safe, downplay your involvement in crypto, preserve your privacy at all costs, don’t do stupid things like wearing bitcoin shirts or badges: a 5 $ wrench might be waiting for you next time.
legendary
Activity: 2422
Merit: 1140
duelbits.com
March 06, 2019, 06:27:10 PM
#62
~snip~ How could the criminal know his a trader and identity, location? Could this be an inside job?
It is a hard question to answer, friend. There are many possibilities that criminals can do. They may know the victim's Bitcoin amount from his Bitcoin address, or the victim ever said his asset to other people. Let the police reveals the truth, but we must take a lesson from this case. Be careful to manage our asset and never share the information to others.  
member
Activity: 392
Merit: 21
March 06, 2019, 05:43:13 PM
#61
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

To declare that you own an amount of crypto
It's like carrying this money in a bag and bragging btween people everywhere you go.

No sane person can do that.!!!
We have to be careful, it may go beyond losing money to loss of spirit.
hero member
Activity: 2184
Merit: 531
March 06, 2019, 05:20:31 PM
#60
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.

What should we do then? Never go to any bitcoin meetings and conferences? Avoid trading on localbitcoins or any other OTC markets because they can see us and follow us home? If a restaurant nearby opens bitcoin payments we should never do it because somebody will see us scanning a qr code and follow us home to torture the shit out of us.

LOL
full member
Activity: 742
Merit: 144
March 06, 2019, 04:45:24 PM
#59
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.
He must be very open to his friends about his bitcoin holding and its too bad for him. I also don’t want to use any sign of cryptocurrency appear on me because I believe being anonymous will keep you in safe. Well, they are proud to use bitcoin but hackers are just watching you and looking for some good time to get your keys. This must be an eye opener for those who are keep on posting about their bitcoins on social sites.
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
March 06, 2019, 04:36:13 PM
#58
Plan and simple this is awfully disgusting and not the first time I have heard of such filth.
This one sticks out in particular-

Kidnapped South African Tycoon Released for 50 Bitcoins Ransom: Report
https://www.ccn.com/kidnapped-south-african-tycoon-released-for-50-bitcoins-ransom-report

legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
March 06, 2019, 04:30:13 PM
#57
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

in the real world when someone goes to the street and shouts, "I have a lot of money or I have money" so this person is attracting thieves, in the crypto world people boast with high amounts of bitcoins they own and forget that bitcoin is something that serves to buy goods and services and be a good investment, of course this will attract thieves

it is better to shut up and do the trading silently.

I agree
full member
Activity: 728
Merit: 131
March 06, 2019, 04:07:17 PM
#56
Never let anyone know your wallet address as they can look at it on what it has or how much.
it is better to shut up and do the trading silently.
In cryptocurrency, never trust anyone.
hero member
Activity: 2058
Merit: 538
Leading Crypto Sports Betting & Casino Platform
March 06, 2019, 04:02:39 PM
#55
Looks like an inside job. I never reveal my secret assets on public forums but this guy go so far. Similar accidents happened in Russia and suspect took the copy of private keys with force. They mainly use the gun and there is a small chance to escape from the house. Unfortunately, it happens.
member
Activity: 532
Merit: 10
BITCOIN IS THE CURRENCY OF THE GLOBE
March 06, 2019, 03:58:08 PM
#54
It is obvious there is an insider involve in the deal, who must have known the value of BTC  he has and he was trail, also there is a possibility of them to locate him through the Location tracker  mechanism from his phone or laptop, it is important to ensure we secure ourselves in order to play safe
sr. member
Activity: 882
Merit: 269
March 06, 2019, 03:54:13 PM
#53
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 a clear inside jobs and I really feel for him.  And that is why it is good we should keep our earning secret as people may become jealous and try to attack you as it happens to this trader.
legendary
Activity: 1568
Merit: 1002
March 06, 2019, 03:26:23 PM
#52
my guess is that this incident must have been intervened by a known person very cruel concluding that the incident could have been from an outside person or an original criminal but he knew from a colleague or neighbor of the victim, supposedly as a trader or businessman must hide his identity and be aware of criminals who lurk. allegedly the incident surely have been planned by criminals
jr. member
Activity: 49
Merit: 2
March 06, 2019, 03:20:41 PM
#51
It's best not to discuss bitcoin with ANYONE. Even family. And that's not because I'm saying you can't trust them personally, but they might talk to their friends or coworkers about how their son or their nephew just made a fortune in bitcoin. It might get the wrong kind of people thinking.

And it's one of the issues that gives me pause for thought about a future world where everyone is "their own bank". Will we all need to live in fear of thugs breaking into our homes and demanding our hardware wallets and PIN codes?



This is terrible advice, what if you die all of a sudden.  Now your coins are forever lost as your family has no way to access them.

People store valuable items in their houses and the majority of people don't fall victim to home invasion.  There is no reason to live in fear because a few robberies make the news.

Well, I would revise that slightly to perhaps permit knowledge with a significant other, or in the absence of that, another family member you can trust well. But make sure that they're smart about it and that they're not spreading information to other people. Yes, maybe that sounds too cautious. But we all need to be careful with our safety. And I say that because bitcoin is essentially digital cash. It is well known to law enforcement that people who keep large sums of cash at home are common targets of theft. For instance, people who sell drugs or run home casinos put themselves at high risk. Also people who recently won a state lottery.

I think crimes like this against BTC owners will increase in the coming years, unfortunately. Be safe.
hero member
Activity: 1218
Merit: 534
March 06, 2019, 03:03:06 PM
#50
It's best not to discuss bitcoin with ANYONE. Even family. And that's not because I'm saying you can't trust them personally, but they might talk to their friends or coworkers about how their son or their nephew just made a fortune in bitcoin. It might get the wrong kind of people thinking.

And it's one of the issues that gives me pause for thought about a future world where everyone is "their own bank". Will we all need to live in fear of thugs breaking into our homes and demanding our hardware wallets and PIN codes?



This is terrible advice, what if you die all of a sudden.  Now your coins are forever lost as your family has no way to access them.

People store valuable items in their houses and the majority of people don't fall victim to home invasion.  There is no reason to live in fear because a few robberies make the news.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
March 06, 2019, 03:01:01 PM
#49
It definitely is an inside job. How would someone even know that the person (who got tortured) is holding bitcoin and has the private keys to his wallet? He probably told someone about it (his friends or co workers) and the words started to spread out until it reached the ears of the wrong person who has ill intentions. What a sad story I would say. I hope the police catches those culprits.
hero member
Activity: 1358
Merit: 509
March 06, 2019, 02:44:01 PM
#48
It's best not to discuss bitcoin with ANYONE. Even family. And that's not because I'm saying you can't trust them personally, but they might talk to their friends or coworkers about how their son or their nephew just made a fortune in bitcoin. It might get the wrong kind of people thinking.

And it's one of the issues that gives me pause for thought about a future world where everyone is "their own bank". Will we all need to live in fear of thugs breaking into our homes and demanding our hardware wallets and PIN codes?


Does it sound similar to the idea "never believe to anyone even to your wife"? I don't agree with your opinion, talking about your bitcoins in public places is not a good idea but talking to your family about crypto is a requirement for managing cash flow to the family's budget. I talk about bitcoins and blockchains in public places but I never answer any question about my crypto holdings.
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