Bitcoin User Loses Record $1.1M | Bitcointalksearch.org

Fortify

legendary

Activity: 2688

Merit: 1192

Quote from: lovesmayfamilis on January 18, 2022, 06:01:55 AM

Quote

A bitcoin user lost more than 26 BTC worth $1.14 million to online thieves posing as MicroStrategy chief executive officer Michael Saylor.

Whale Alert stated, "this scam received the single largest payment ever to a fake giveaway."

Saylor said he reports the scammers to YouTube every 15 minutes, and they are pulled down hours later, but the criminals are relentless.

https://beincrypto.com/bitcoin-user-loses-record-1-1m-scam-michael-saylor-giveaway/

Another ironic story. For me, it looks exactly like this. A person who owns 26 BTC falls for the bait of scammers who, allegedly on behalf of Michael Saylor, promise to double his capital. Maybe I'm too skeptical. Having a decent capital in bitcoins, it would be worth checking the information on several channels than throwing away bitcoins, counting on increasing your capital. While those 26 BTC may not have been the last in his portfolio, and for the owner is not a big loss. Huh

I wonder what sort of promises this person was given and how much they were promised in order to lure them into sending that money. Unless they somehow intercepted internal communications, this person was probably being exceptionally greedy and should have verified the transfer by at least 2 other methods before sending. I'd expect to at least visit their offices in person and get verifiable contracts in place. Besides that though, it feels like Youtube is too often helping these scammers - they long ago abandoned staff driven moderation and it appears their automated systems are getting defeated by scammers all the time, which is how they are able to snag so many victims in the first place. Until Alphabet, Google and Youtube start paying for these crimes - in fines and if necessary jail time for executives - committed via their services it is unlikely to stop. They are making billions in profits but do not put proper safety systems in place.

CryptocurencyKing

hero member

Activity: 1288

Merit: 504

Even with increased awareness on every count, people who choose to be gready will still fall for cheap scams. It might be nothing to the user who might have lost such but, BTC26 is a lot, especially following current market condition of bear market.

This really shouldn't be happening yo anyone but one needs to be careful on how they invest such money over some random contacts online no matter who the user poses to be. I fact, with such money, you can trace back to the company office and actually person to conduct a proper business.

Scammers are so relentless in getting a pay-off there schemes, why shouldn't crypto investors be relentless in searching out redflags in offers until they get to the root of it. It's sad!

pealr12

hero member

Activity: 1946

Merit: 502

Is this a joke or does this actually happen???
Are people still this dumb! It is okay to lose a couple of funds to scammer but to lose 26 btc just like that! I doubt this is real, this looks fabricated imo,
Is the identity of the victim known! Obviously with such a large amount of money lost this person can not just remain anonymous and be quiet about it, although the article said it has been reported to the authorities, but it just makes me wonder how can someone send over more than 26 so easily.

ditiskot99

newbie

Activity: 3

Merit: 0

i do i have the feeling that this as well as some of the big nft's purchases sometimes are just obvious money washing tactics??

wxa7115

hero member

Activity: 2814

Merit: 734

Bitcoin is GOD

Quote from: dothebeats on January 18, 2022, 01:09:57 PM

I don't want to believe that people with such high amounts of bitcoin at their disposal would commit a greedy and rookie mistake such as this. I mean, surely you must be above average in terms of IQ if you managed to have that many bitcoins, or at least decide better than most of us here. One would not easily fall in these stupid scams, but apparently this guy did, and he did it with a huge sum.

This is where greed leads people. And it's certainly not a good place to be no matter where you put it.

You know what they say ‘Truth can be stranger than fiction’ the reality is that people with that much money can be that dumb, after all just because you are an expert in one field of knowledge that does not necessarily mean that you are an expert on every single field in existence.

So as an example a doctor could have accumulated that amount of money in bitcoin by using his savings, and even if he was an expert on the medical science that does not makes him an expert on the markets, he believed otherwise and now we are seeing the consequences of that misconception.

jaberwock

legendary

Activity: 2772

Merit: 1127

Quote from: lovesmayfamilis on January 18, 2022, 06:01:55 AM

Another ironic story. For me, it looks exactly like this. A person who owns 26 BTC falls for the bait of scammers who, allegedly on behalf of Michael Saylor, promise to double his capital. Maybe I'm too skeptical. Having a decent capital in bitcoins, it would be worth checking the information on several channels than throwing away bitcoins, counting on increasing your capital. While those 26 BTC may not have been the last in his portfolio, and for the owner is not a big loss.

Some of the stories will always sound very funny to me, because I don't want to believe someone fall for this kind of scam in this time, it sounds ridiculous. But anyway, all I see is a greed infested person who seem not to be contented with a whole lot that he has and now lost them to scammers because he wanted to make an increase over night.

I guess he learnt the hard way and a case study for us. Scammers thrive a lot in the crypto space, we all should be careful.

Peanutswar

legendary

Activity: 1750

Merit: 1329

Top Crypto Casino

This is the problem nowadays even though we are trying to keep it safe sometimes we cannot avoid this kind of fake giveaway i guess there's a lack of knowledge with these scams. But of course, again no one will give double your capital in just giveaways its already 2022 and i expect too the holder is knowledgeable because he holds one of the highest coins in the crypto market feels sad to see this kind of lesson might be quite expensive it losses a large amount of money.

Leviathan.007

hero member

Activity: 1806

Merit: 722

Leading Crypto Sports Betting & Casino Platform

I'm very much surprised about his case if he really owns 26 bitcoin this means he is smart enough and familiar with bitcoin and probably have experience with bitcoin and someone with this knowledge in the cryptocurrency world should know more about possible ways to scam people so that's surprising for me to see him getting scammed however the way they use to scam people is totally smart because of abusing other people's reputation which can make anyone get trapped because there are many people who may believe such things. However, I feel sorry for him.

buwaytress

legendary

Activity: 3010

Merit: 3724

Join the world-leading crypto sportsbook NOW!

I used to think people who actually took the trouble to own Bitcoin properly (with private keys and all that) had a bit of sense. Ashamed to say that I continue to overestimate people and their greed.

Something tells me he didn't really have to work hard to earn that BTC, though. You don't just part with such sums if you bled at least a little to get that.

ice18

hero member

Activity: 2492

Merit: 542

Quote from: Pffrt on January 18, 2022, 12:23:26 PM

Quote from: lovesmayfamilis on January 18, 2022, 06:01:55 AM

While those 26 BTC may not have been the last in his portfolio, and for the owner is not a big loss. Huh

Did anyone claimed he was the victim of this scam? No if I'm right. It is also possible that scammer themselves sent the BTC tx so that other people may get interested to deposit bitcoin on their address. Otherwise, who the fuck with owning such huge amount would be dumb?

Maybe you are right, or this is just an awareness campaign from authorities to warn crypto investors not to easily fall in this kind of scam. If you own such huge amount of money and decided to send it without any proof or assurance that its a legit one then you are qualified as one of the most stupid person on earth lol just kidding..,sometimes many people fall for this one to easily multiply their wealth "greed" is one of the reason.

carlfebz2

hero member

Activity: 2926

Merit: 722

DGbet.fun - Crypto Sportsbook

Quote from: AmoreJaz on January 19, 2022, 03:18:24 PM

Quote from: Hamphser on January 19, 2022, 03:11:03 PM

Quote from: KaliLinux on January 19, 2022, 02:44:28 PM

Quote from: lovesmayfamilis on January 18, 2022, 06:01:55 AM

Quote

A bitcoin user lost more than 26 BTC worth $1.14 million to online thieves posing as MicroStrategy chief executive officer Michael Saylor.

Whale Alert stated, "this scam received the single largest payment ever to a fake giveaway."

Saylor said he reports the scammers to YouTube every 15 minutes, and they are pulled down hours later, but the criminals are relentless.

https://beincrypto.com/bitcoin-user-loses-record-1-1m-scam-michael-saylor-giveaway/

Another ironic story. For me, it looks exactly like this. A person who owns 26 BTC falls for the bait of scammers who, allegedly on behalf of Michael Saylor, promise to double his capital. Maybe I'm too skeptical. Having a decent capital in bitcoins, it would be worth checking the information on several channels than throwing away bitcoins, counting on increasing your capital. While those 26 BTC may not have been the last in his portfolio, and for the owner is not a big loss. Huh

I am not surprised people still fall for this scams but I see it as being greedy. Why would you believe that type of giveaway from a person of that status, as in, even in my low level, if a Michael Saylor wants to do a giveaway, I don't think he would ask for your deposit for a double and the person could have varify this.

When you do let your greed overcome into your self control then its over, you would definitely be ending up on making out mistakes specially on investment talks.

You wouldnt able to resist the greed inside you which you do aim for doubling your money in instant? If you do just make use of your own common sense then you would
able to avoid that but what happens here?

Neither a fake claim or just totally this guy is too dumb when it comes to frauds and scam in the market.

sometimes you really wonder how people are getting screwed up by scammers. they don't do their homework before sending that huge amount??? greed may largely contributed to this situation. if you are sending that amount, at least make some research and verify the authenticity of the other party. but we don't know the whole story here. we can't judge the person by what is given to the media. maybe there's more than meets the eye here...

You would really be having that question in mind on why they havent done some research considering that these investors do knows about investment and not just throwing away a million without even thinking on what are the things that they've been dealing on and its just really impossible that you wont be having reconsiderations before you do make such act.Even how rich you are you wouldnt really release off those funds
without minding if you are dealing with real thing or a scam.Dont know on whats the real story behind on this one.

DeathAngel

legendary

Activity: 3332

Merit: 1617

#1 VIP Crypto Casino

Quote from: hatshepsut93 on January 18, 2022, 06:55:59 AM

How can we know that that transaction wasn't made by the scammers themselves in order to create a fake perception that other people are sending money to them? This is one thing that gets rarely discussed with these scams, as everyone assumes that all the incoming transactions to doubler addresses come from victims.

Most likely this, this scam is not a new one. It used to be Elon Musk that they pretended to be with their doubling scam. I can’t imagine anybody with an amount of money like that is so stupid although this is the human race after all.

AmoreJaz

legendary

Activity: 3122

Merit: 1102

Leading Crypto Sports Betting & Casino Platform

Quote from: Hamphser on January 19, 2022, 03:11:03 PM

Quote from: KaliLinux on January 19, 2022, 02:44:28 PM

Quote from: lovesmayfamilis on January 18, 2022, 06:01:55 AM

Quote

A bitcoin user lost more than 26 BTC worth $1.14 million to online thieves posing as MicroStrategy chief executive officer Michael Saylor.

Whale Alert stated, "this scam received the single largest payment ever to a fake giveaway."

Saylor said he reports the scammers to YouTube every 15 minutes, and they are pulled down hours later, but the criminals are relentless.

https://beincrypto.com/bitcoin-user-loses-record-1-1m-scam-michael-saylor-giveaway/

Another ironic story. For me, it looks exactly like this. A person who owns 26 BTC falls for the bait of scammers who, allegedly on behalf of Michael Saylor, promise to double his capital. Maybe I'm too skeptical. Having a decent capital in bitcoins, it would be worth checking the information on several channels than throwing away bitcoins, counting on increasing your capital. While those 26 BTC may not have been the last in his portfolio, and for the owner is not a big loss. Huh

I am not surprised people still fall for this scams but I see it as being greedy. Why would you believe that type of giveaway from a person of that status, as in, even in my low level, if a Michael Saylor wants to do a giveaway, I don't think he would ask for your deposit for a double and the person could have varify this.

When you do let your greed overcome into your self control then its over, you would definitely be ending up on making out mistakes specially on investment talks.

You wouldnt able to resist the greed inside you which you do aim for doubling your money in instant? If you do just make use of your own common sense then you would
able to avoid that but what happens here?

Neither a fake claim or just totally this guy is too dumb when it comes to frauds and scam in the market.

sometimes you really wonder how people are getting screwed up by scammers. they don't do their homework before sending that huge amount??? greed may largely contributed to this situation. if you are sending that amount, at least make some research and verify the authenticity of the other party. but we don't know the whole story here. we can't judge the person by what is given to the media. maybe there's more than meets the eye here...

Hamphser

sr. member

Activity: 2604

Merit: 338

Vave.com - Crypto Casino

Quote from: KaliLinux on January 19, 2022, 02:44:28 PM

Quote from: lovesmayfamilis on January 18, 2022, 06:01:55 AM

Quote

A bitcoin user lost more than 26 BTC worth $1.14 million to online thieves posing as MicroStrategy chief executive officer Michael Saylor.

Whale Alert stated, "this scam received the single largest payment ever to a fake giveaway."

Saylor said he reports the scammers to YouTube every 15 minutes, and they are pulled down hours later, but the criminals are relentless.

https://beincrypto.com/bitcoin-user-loses-record-1-1m-scam-michael-saylor-giveaway/

Another ironic story. For me, it looks exactly like this. A person who owns 26 BTC falls for the bait of scammers who, allegedly on behalf of Michael Saylor, promise to double his capital. Maybe I'm too skeptical. Having a decent capital in bitcoins, it would be worth checking the information on several channels than throwing away bitcoins, counting on increasing your capital. While those 26 BTC may not have been the last in his portfolio, and for the owner is not a big loss. Huh

I am not surprised people still fall for this scams but I see it as being greedy. Why would you believe that type of giveaway from a person of that status, as in, even in my low level, if a Michael Saylor wants to do a giveaway, I don't think he would ask for your deposit for a double and the person could have varify this.

When you do let your greed overcome into your self control then its over, you would definitely be ending up on making out mistakes specially on investment talks.

You wouldnt able to resist the greed inside you which you do aim for doubling your money in instant? If you do just make use of your own common sense then you would
able to avoid that but what happens here?

Neither a fake claim or just totally this guy is too dumb when it comes to frauds and scam in the market.

KaliLinux

hero member

Activity: 1344

Merit: 565

Quote from: lovesmayfamilis on January 18, 2022, 06:01:55 AM

Quote

A bitcoin user lost more than 26 BTC worth $1.14 million to online thieves posing as MicroStrategy chief executive officer Michael Saylor.

Whale Alert stated, "this scam received the single largest payment ever to a fake giveaway."

Saylor said he reports the scammers to YouTube every 15 minutes, and they are pulled down hours later, but the criminals are relentless.

https://beincrypto.com/bitcoin-user-loses-record-1-1m-scam-michael-saylor-giveaway/

Another ironic story. For me, it looks exactly like this. A person who owns 26 BTC falls for the bait of scammers who, allegedly on behalf of Michael Saylor, promise to double his capital. Maybe I'm too skeptical. Having a decent capital in bitcoins, it would be worth checking the information on several channels than throwing away bitcoins, counting on increasing your capital. While those 26 BTC may not have been the last in his portfolio, and for the owner is not a big loss. Huh

I am not surprised people still fall for this scams but I see it as being greedy. Why would you believe that type of giveaway from a person of that status, as in, even in my low level, if a Michael Saylor wants to do a giveaway, I don't think he would ask for your deposit for a double and the person could have varify this.

stompix

legendary

Activity: 2912

Merit: 6403

Blackjack.fun

Quote from: hatshepsut93 on January 18, 2022, 06:55:59 AM

How can we know that that transaction wasn't made by the scammers themselves in order to create a fake perception that other people are sending money to them? This is one thing that gets rarely discussed with these scams, as everyone assumes that all the incoming transactions to doubler addresses come from victims.

This is more often the case.
I used to report hacked channels on youtube doing this stuff a year ago and they had all the same operating mode, they will get a ton of coins in the first few hours, and then, even with the channel and videos still online-only small dust, the hint is usually in the way payments were collected, the first ones were coming from obvious tumblers, the rest were usually at least 10 days old deposits.

Plus the whole story doesn't make sense, why would somebody send coins continuously :
2022-01-16 14:45
2022-01-16 22:29
2022-01-17 10:06
2022-01-17 15:14
2022-01-17 21:38

Would you still send coins after coins a full day and a half after not receiving the double money?

Either somebody trying to inflate the address with transactions or somebody faking a few losses.

pawanjain

hero member

Activity: 2702

Merit: 716

Nothing lasts forever

Quote from: lovesmayfamilis on January 18, 2022, 06:01:55 AM

Quote

A bitcoin user lost more than 26 BTC worth $1.14 million to online thieves posing as MicroStrategy chief executive officer Michael Saylor.

Whale Alert stated, "this scam received the single largest payment ever to a fake giveaway."

Saylor said he reports the scammers to YouTube every 15 minutes, and they are pulled down hours later, but the criminals are relentless.

https://beincrypto.com/bitcoin-user-loses-record-1-1m-scam-michael-saylor-giveaway/

Another ironic story. For me, it looks exactly like this. A person who owns 26 BTC falls for the bait of scammers who, allegedly on behalf of Michael Saylor, promise to double his capital. Maybe I'm too skeptical. Having a decent capital in bitcoins, it would be worth checking the information on several channels than throwing away bitcoins, counting on increasing your capital. While those 26 BTC may not have been the last in his portfolio, and for the owner is not a big loss. Huh

It's hard to digest the fact that someone would randomly throw away 26 BTC into a fake giveaway to double the capital.
Nobody in their right mind would take this kind of risk unless the news is fake or there's something fishy.
I read the comments on the tweet by whalealert and found few guys saying that it might be a way launder money and get away with taxes.
It does make sense if you are having millions and want to save up on taxes.

NotATether

legendary

Activity: 1568

Merit: 6660

bitcoincleanup.com / bitmixlist.org

Quote from: pushups44 on January 18, 2022, 09:47:28 PM

As Charles Hoskinson has pointed out, social media companies have the technical abilities to more effectively prevent these giveaway scams. Youtube in particular seems susceptible to these giveaway scams via hacked seemingly legitimate accounts. While warning investors about these scams is important, it's also important to hold social media companies accountable.

Yeah but nobody who has an executive role there cares enough to curtail this issue, it's all about how to drive more profits to the company until someone hacks into their platform and runs a mega-scam that gets widely reported and sends their stock on a nosedive.

And even then it's just damage control at that point, how to save ourselves instead of figuring out how to stop this permanently.

Ararbermas

sr. member

Activity: 2016

Merit: 283

Quote from: lovesmayfamilis on January 18, 2022, 06:01:55 AM

Quote

A bitcoin user lost more than 26 BTC worth $1.14 million to online thieves posing as MicroStrategy chief executive officer Michael Saylor.

Whale Alert stated, "this scam received the single largest payment ever to a fake giveaway."

Saylor said he reports the scammers to YouTube every 15 minutes, and they are pulled down hours later, but the criminals are relentless.

https://beincrypto.com/bitcoin-user-loses-record-1-1m-scam-michael-saylor-giveaway/

Another ironic story. For me, it looks exactly like this. A person who owns 26 BTC falls for the bait of scammers who, allegedly on behalf of Michael Saylor, promise to double his capital. Maybe I'm too skeptical. Having a decent capital in bitcoins, it would be worth checking the information on several channels than throwing away bitcoins, counting on increasing your capital. While those 26 BTC may not have been the last in his portfolio, and for the owner is not a big loss. Huh

people always jumping in when there's someone offering a massive return even though they now yet if it's legitimate or not..most for sure were greedy people wherein wants to double their money instantly reason they always ended up scam.. They are literally blinded when they saw a very promising events without knowing there are some frauds that using copy paste technique in order to have a victims around the internet.. Sorry for them because at the first place they not very aware of what's the real happening in the space especially when it comes scamming..

piebeyb

legendary

Activity: 2464

Merit: 1039

Bitcoin Trader

this crime often appears everywhere other than on twitter, youtube or facebook now on telegram too often there are many like this people imitate accounts so it is easy to deceive beginners who hold a lot of bitcoins, this needs to always be reminded to anyone bitcoin holders no one is the name giveaway doubles the amount of bitcoin whatever it's called, even famous people want to hold it rather than share it for free with people

Topic: Bitcoin User Loses Record $1.1M (Read 558 times)