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Topic: BTC holders, do not reveal your identity online (Read 554 times)

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It is very difficult to find people in the whole world who do not know the importance of Bitcoin and what its market value will be in the future. There are millions of users holding Bitcoins all over the world. Some bitcoin holders are holding millions of dollars worth of bitcoins in their wallets. I would request those holders not to disclose their identity online. The sole purpose of making this request is that a few days ago a news item was published in my local newspaper and there was a mention of this incident.

The incident Regarding Bitcoin Millionaire Dr. John, suspicions arose when Bitcoin millionaire Dr. John failed to see him during office hours at Marchi Hospital in Missouri on May 21. After much searching, his family was forced to file a missing persons case with a local administration when he was not found. And a lot of news is spread through social media. But sadly Dr. John's car is one kilometer away from the hospital on May 28 Suspicion increases as one looks further afield. When they found his used mobile, laptop and wallet in the car, they doubled their suspicion and launched a massive search in the local administration. But Dr. John was later found dead on May 30 on a road an hour away from the hospital. The police administration found him dead with gunshot ,the police have not yet said anything about whether his death was suicide or murder, planned murder.

Dr john Forsyth
49 years old
Co founder of Onfo Coin


However, many have commented on John's death, the most talked about being that his identity was leaked to everyone and that he was possibly kidnapped for Bitcoin or some other ransom and any information or valuables were taken from him. However, all bitcoin holders should learn from this incident and remain anonymous in public and tread carefully.

See fulls: https://www.coinalap.com/bitcoin-millionaire-dr-john-killed/

The link in the news is published in my native Bengali language. If you want, you can read it with Google translation.
The whole wide is a very big place my love and trust me, it's not difficult to find people who do not even know the name bitcoin, talk more of finding the once who know their importance and future value.

When you say among the youths, I know majority would know the name, but don't be surprised if you have an opportunity to speak with a hand full, you'll find out so many still have the notion that Bitcoin is a Ponzi or scam.
Today in my country, Yahoo boys is now a general name the call the guy's who trade on forex, Bitcoin and even extort money from others.
hero member
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I also remind you to be careful with the services you trust to save your identity, if you don't disclose yourself, some services have the potential to do it out of stupidity. Maybe both have different levels of risk, but basically all the criminal that is done will only target your crypto wealth.
legendary
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I think some bad characters invested in his Ponzi scheme coin, because he is a Co founder of Onfo Coin. The law enforcement officials says there are no foul play, but his wallet, two phones, a laptop, and other items was still inside his car.  Roll Eyes

https://cryptopotato.com/onfo-coin-co-founder-and-crypto-advocate-found-dead-in-arkansas-report/

In any way, it does not matter if you are a Crypto millionaire or if you only have 1 or 2 coins... you do not tell the world about your token ownership, because you make a target of yourself when you do that.  Roll Eyes
hero member
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However, many have commented on John's death, the most talked about being that his identity was leaked to everyone and that he was possibly kidnapped for Bitcoin or some other ransom and any information or valuables were taken from him. However, all bitcoin holders should learn from this incident and remain anonymous in public and tread carefully.


I would always recommend to stay anonymous as much as possible, no matter if we own a lot of bitcoin or not. Being wealthy and telling strangers about it is a huge security risk that can lead to severe consequences. Knowing that you have a lot of money can turn friends into enemies and should be avoided as much as possible. The question I would always ask myself is what good does it do to tell someone how much money we own. Usually there isn't much advantages to be gained by promoting our wealth. Crypto currencies make the whole topic even more important due to anonymity of it. Once criminals get their hands on our coins there are not many ways to get them back. A credit card can quickly be canceled so that the criminals can't use it anymore, but once our coins are transferred out of our wallet we are doomed. It's fine to talk about crypto currencies publicly, just don't advertise your personal information and how much you own.
member
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Those who tend to remain silent and withhold their words will find it challenging to discover their own circle, as it is through these circles of friendship that individuals can further advance. We will always need friends who resonate with us at the same frequency to foster conversations that can evolve towards more advanced topics, including friends who share an interest in Bitcoin. It seems reasonable to discuss the potential of Bitcoin, but never upload the contents of your wallet anywhere. Even if you seek praise for such an accomplishment, it is utterly futile.

This is actually the implied message That I want to convey. The language that is polite and easy to digest from you. Thank you
legendary
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The world is turning into something else and safety is becoming what everyone wants more then money itself.

People are dying in the most tragic ways nowadays.
Ehhhh....no, it's pretty much always been this way.  And at certain points in history it's been much worse in terms of violence and desperation and/or greed.  I've read books from decades ago in which people were saying that society is going downhill, but in the grand scheme of things it really isn't.

Anyway, I hadn't heard of this case before.  Now that I have, I'm not sure if it convinces me of OP's statement about bitcoiners concealing their identities.  Some of the biggest BTC holders are well-known, and hopefully they have good personal security.  I would agree that if you have enough crypto worth stealing you really should keep the amount to yourself--but frankly I think most people do keep that a secret already.  I don't think I've ever come across a thread here where anyone has disclosed how much bitcoin they owned.  Guess it's a good practice in real life, too, because that's where thieves, kidnappers, and the like are going to learn enough about you to make you a target.

Lucky for me I'll never be such a target, as I'm perpetually poor.  Heh heh.
full member
Activity: 1134
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I mean it's always a thing not to give your sensitive information online so you don't really want to do that on social media, there are a lot of recent cases of theif here in my country because people posted their location as if they are on a vacation people will know that there might be no one on their home that time. So just don't give everything on social media you just don't need to.

That's already a thing if you add posting something about Bitcoin or money I mean that's your fault since that is just way too risky, kidnapping, theft, etc. could easily happen if people wanted to take your Bitcoin. Even though your Bitcoin is secured online they could easily be forced do to a transaction maybe sending your Bitcoin to their wallet.

Just be anonymous as you can, I mean maybe yes if you could protect yourself or hire someone to do it like rich billionaire people.
This could be one of the reasons why people should keep their Bitcoins safe, like in a hardware wallet that should be stored somewhere that no one knows about or can have access to even if there are thieves or robbers who broke into your house, at least your Bitcoins will be safe from them. A lot of people make the mistake of keeping their assets in an exchange or in a wallet that they have on their mobile phone all the time, that can be dangerous for sure.

And I believe rich people should always have some kind of security both at their house and with them if they know they have a lot of money and it can be seen from their house, their cards, their belongings, etc. Your richness doesn't only show up when you post something online, people can see you and know you are rich and you can be in danger all the time.
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First point to note in this industry, especially on Bitcoin, is that privacy matters. This has been preached enough. We know how even Bitcoin is all about decentralization and privacy, so why should anyone hodling it then flaunt it. Wealth acquired through cryptocurrency isn't what people should display on social media because world don't know who's watching at any point in time. There have been instances in the recent past where people got attacked in their homes after they had exposed their flamboyant life style. This thing isn't new and will continue to reoccur in as much that people aren't discreet with their businesses.

It is true, privacy is very important for Bitcoin holders not to reveal their identity online and not to flaunt wealth earned through cryptocurrencies on social media. The main reason you implied is that people don't know who is watching them, and there is a risk that someone with malicious intent could attack them at home.

This has a valid basis. Although Bitcoin transactions are generally anonymous, traces of activity can remain visible on the blockchain. In situations where someone discloses their significant Bitcoin holdings or lavish lifestyle, they can attract the attention of people with bad intentions who may want to steal or harm them. In an increasingly digitally connected world, it is important to maintain personal privacy and security. Avoiding public display of Bitcoin ownership can be a wise move to protect individual wealth and safety.
sr. member
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I mean it's always a thing not to give your sensitive information online so you don't really want to do that on social media, there are a lot of recent cases of theif here in my country because people posted their location as if they are on a vacation people will know that there might be no one on their home that time. So just don't give everything on social media you just don't need to.

That's already a thing if you add posting something about Bitcoin or money I mean that's your fault since that is just way too risky, kidnapping, theft, etc. could easily happen if people wanted to take your Bitcoin. Even though your Bitcoin is secured online they could easily be forced do to a transaction maybe sending your Bitcoin to their wallet.

Just be anonymous as you can, I mean maybe yes if you could protect yourself or hire someone to do it like rich billionaire people.
hero member
Activity: 1470
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dont be greedy
Maybe this is what I can say "Shut up in the sense of not talking too much and telling other people and being more silent if we already have a lot of potential for this BTC coin"
In truth, it is essential for us to maintain a sense of normalcy when navigating public spaces, particularly in the realm of social media. If you are genuinely engaged with Bitcoin on a daily basis, discussing it on social platforms is not strictly forbidden. However, one should never disclose the contents of our wallet.

Those who tend to remain silent and withhold their words will find it challenging to discover their own circle, as it is through these circles of friendship that individuals can further advance. We will always need friends who resonate with us at the same frequency to foster conversations that can evolve towards more advanced topics, including friends who share an interest in Bitcoin. It seems reasonable to discuss the potential of Bitcoin, but never upload the contents of your wallet anywhere. Even if you seek praise for such an accomplishment, it is utterly futile.
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It's always sad to see people disappear and die in such shady circumstances.

But is there really any evidence to link the possession of BTC to Dr. John's death? The translator doesn't give me anything really readable. In any case, I'd be surprised if you killed the person concerned. Who else but him could give you the keys to the wallet? Anyway, I guess that every situation is different.

Do we have access to any statistics about the number of kidnappings, assaults or hostage-takings with the aim of stealing cryptos / BTC in some countries?

The administration has not been able to find out why the kidnappers killed them or make any arrests in this regard. What I have said is a cautionary tale because Bitcoin has become an increasingly important topic. No one can say for sure that this will not happen to Bitcoin in the future. But if Bitcoin holders keep this in mind and caution themselves, I see nothing bad.
But I can't say in terms of all countries, but in my country, even for a small amount of money, kidnapping or hijacking is done.

The occurrence of kidnapping or piracy, even for relatively small amounts, can vary from country to country and Bitcoin holders should remain vigilant and careful. Worrying indeed, If the government has not moved quickly in uncovering the motives behind the kidnappers' actions or bringing them to justice, it is important to view this as a cautionary tale, especially given the growing importance of Bitcoin.

Maybe this is what I can say "Shut up in the sense of not talking too much and telling other people and being more silent if we already have a lot of potential for this BTC coin"
member
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Bitcoin investors has to be very careful, because many people out there are seeing Bitcoin holders as a rich guy, without having the knowledge or knowing the quantity or level your operating on, because any body that know your into Bitcoin business, all they mind is that anyone doing Bitcoin business has not less than one Bitcoin (1BTC) on his/her wallet, so have to be careful about telling people you're Bitcoin holder.


The main problem in this is flaunting and personal wealth and its not only in crypto situation only ,But in many other areas of life. If you reveal too much information about your assets, you can become a target for criminals, and make your property vulnerable to theft or theft. Showing off your possessions can cause jealousy or unhappiness in those around you, especially if they feel they are less fortunate than  your own trust will be respect them is main thing in this

jr. member
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Bitcoin investors has to be very careful, because many people out there are seeing Bitcoin holders as a rich guy, without having the knowledge or knowing the quantity or level your operating on, because any body that know your into Bitcoin business, all they mind is that anyone doing Bitcoin business has not less than one Bitcoin (1BTC) on his/her wallet, so have to be careful about telling people you're Bitcoin holder.
member
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I agree that bitcoin holders should be careful about revealing their identity and wealth online, as there are many criminals and hackers who may target them. However, I also think that we should not let fear stop us from spreading awareness and education about bitcoin and its benefits. We need to create a more secure and inclusive crypto community that can protect and support each other.
hero member
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As someone who invests in Bitcoin, it is necessary to maintain secrecy by not saying many things about the Bitcoin he owns. That can make a lot of people curious and will keep asking questions and it could be that some of them will do bad things to us.

Investing in Bitcoin is something that is private and it is our responsibility to be able to protect it from others. Several cases have occurred because they tell too much about Bitcoin, especially if they say how many Bitcoins they have.

And for the death of Dr John, we're just speculating that he was murdered without knowing the truth. This is what makes us have to be careful in storing our Bitcoin.
sr. member
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However, many have commented on John's death, the most talked about being that his identity was leaked to everyone and that he was possibly kidnapped for Bitcoin or some other ransom and any information or valuables were taken from him. However, all bitcoin holders should learn from this incident and remain anonymous in public and tread carefully.

Every situation necessitates the importance of privacy. A violation in privacy can result in a variety of undesirable outcomes, such as the case of this Doctor. OP, there is no proof in the detailed post you provided on how Doctor John was murdered that it was because he had BTC that he was tracked down and murdered for his money.

Even the commenters on that occurrence were simply speculating on what might have happened to cause his death. We can't just dismiss what those comments stated because it could be related to him being affluent and being a cofounder of Onfo coin, a decentralised cryptocurrency. Privacy is essential, and it should never be taken for granted.
sr. member
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People who possesses large amounts of money have to adopt extra security measures. They can't give themselves the luxury of being so careless over their physical integrity like a person who works for a minimum wage is routinely. Investments are needed on cameras, high walls, electric fences, alarms and even bodyguards. A millionaire should never be alone or solely accompanied by people he doesn't fully trust.

I think when we see murder cases like this, the problem goes beyond people around knowing you are a Bitcoin holder. It says much more about the negligence of the individual with his own safety. Because if it was solely an issue related to people knowing you are rich, nobody could be spotted as a rich person in the world without being harmed or damaged.
There are low key millionaires that are not really millionaires to the eye when you look at them, this is a matter of choice, some millionaires are not ready to appear as a millionaire, they are good at living like the rest of the average salary earners, but the majority want their names to be known, they want their names to be called as a millionaire,  so they acquire huge estate to live in and start living the life of a millionaire.

If I ever get to this stage in my life I am going full Andrew Tate, I will learn to kick asses which I am already, but not a pro yet, I will likely get a bodyguard but I like doing things alone, even bodyguards this days can bite their masters in the ass.
full member
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I think the main problem is flaunting personal wealth, and that actually causes pretty negative problems not only in the crypto environment but in many other areas of life. If you reveal too much information about your assets, you can become a target for criminals, and make your property vulnerable to theft or theft. Showing off your possessions can cause jealousy or unhappiness in those around you, especially if they feel they are less fortunate than you. If you show off your possessions excessively, other people may not trust you and may have a negative opinion of you. Wealthy people can be viewed as bragging about power or wealth without a moral basis, which can cause disparagement or opposition from others. Therefore, it is best to promote privacy and respect the privacy of yourself and others, and not brag excessively about your personal possessions.
hero member
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I think there are lot of people who don't have this secrecy in them because they wants to be famous and well known, but in the case aspect of Dr. John i don't really know if his death was as a results of revealing his bitcoin holdings or address. There are more to his death so the investigating department should work tireless to find out what is the reason of his death, because for only exposing his holdings wouldn't have caused this attack towards him.

Actually, i'm seriously against people posting their address and holding on social media to just gain attention and popularity without know they are endangering themselves to hack or attack, we should learn to remain anonymous.
full member
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Was there any act of accessing his laptop or mobile phone or his wallet? It may not be a hundred percent sure that this is about stealing his Bitcoin but it's possible especially if he is known as a Bitcoin millionaire. There are other possible reasons or motifs behind his death.

But if we're going to talk about revealing your identity as a Bitcoin holder especially if you have a lot of crypto assets, I agree that being lowkey or keeping it a secret is good rather than exposing yourself just to ensure your safety. You can still be open about Bitcoin to your close friends and families but avoid boasting about the amount of Bitcoin you have, especially in social media.
sr. member
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It is dangerous when you publicly disclose your crypto assets because you may become the target of criminals. They often see Bitcoin holders as potential targets due to the irreversible nature of transactions and the difficulty of recovering stolen funds. Therefore, Bitcoin holders as well as other individuals with valuable assets should exercise caution and take appropriate security measures, such as keeping personal information private and implementing strong security measures. Secure their digital wallets and be mindful of sharing personal information in public forums or on social media. While it is difficult to comment specifically on Dr. John, it serves as a tragic reminder of the potential dangers involved in openly discussing or disclosing significant financial holdings.
legendary
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First point to note in this industry, especially on Bitcoin, is that privacy matters. This has been preached enough. We know how even Bitcoin is all about decentralization and privacy, so why should anyone hodling it then flaunt it. Wealth acquired through cryptocurrency isn't what people should display on social media because world don't know who's watching at any point in time. There have been instances in the recent past where people got attacked in their homes after they had exposed their flamboyant life style. This thing isn't new and will continue to reoccur in as much that people aren't discreet with their businesses.
legendary
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There is basically no evidence of who and why this happened to Dr. John apart from the fact that his mobile and laptop were used and left in the car and if they were only after the money they would probably take the wallet, mobile, and laptop with them but they left these things behind, so might have accessed his wallets or other applications and taken the money away, but I doubt if they could really get their hands on them unless they first tortured him and made him open his accounts containing cryptocurrencies and money.

This is too unfortunate and people should obviously not disclose their wealth whether it's in crypto or fiat, a millionaire should never roam around like that knowing people know that he has a lot of money.
sr. member
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This incident involving Dr. John Forsyth is truly terrifying. I strongly advise against anyone with Bitcoin revealing their identity online and to stay anonymous in public as much as it can. It's really important to remain anonymous to minimize risks especially for people who claim to have a large amount of Bitcoin in their wallet. It's better not to share any personal information online including details about your financial situation and involvement with Bitcoin.

I feel like revealing such information or when they got leaked could attract unwanted attention, potentially leading to kidnapping, torture for your seed phrase, and even death as was the case with Dr. John Forsyth.

If you happen to be famous, it is important to invest heavily in security measures and take them seriously. Unfortunately, being in the public eye may make you a target for criminals, including serial killers.
legendary
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However, many have commented on John's death, the most talked about being that his identity was leaked to everyone

Bruh, he was doing interviews for Forbes!!!!
It's not about leaking identity it's about not entering unknown cars in the middle of the night!


Lol at one of the comments:

Quote
Here are the angles:
He & His Brother founded a Cryptocurrency company in 2019, trying to help give “people from developing countries access to the cryptocurrency market.”
He recently got divorced.
He recently got engaged.
He married his ex-wife twice.
He has 7 kids.
He graduated from a medical school in Barbados.
He’s been an ER doctor for 15 years.
He lived in a Luxury RV in the parking lot of the hospital.
His body was dumped in The Ozarks.
He gets into a random car near a swimming pool, then gets back out of the car.
He leaves two phones in his car.

Let's add that his onfocoin turned into nothing being basically dead
https://coinranking.com/coin/8A9wGGomi+onfo-onfo
So I guess there is a lot more than hiding your identity online, I'm betting on first being not doing drug deals in the middle of the night!
sr. member
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currently bitcoin assets are very much in a hurry by hackers and certain unscrupulous people in our lives, because the appearance is so fantastic that they want to get bitcoins in any way, including by committing crimes, so for us crypto users who already have bitcoin assets or other identity altcoins We certainly have to keep it secret because to maintain our own security, and Dr.John case can be a lesson for all of us crypto users, of course.
hero member
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~Snip~

It's not always just crypto; if you know you can't be careful enough to take responsibility for your security, then don't get involved in letting people know about the source of your income and all your holdings. Security matters a lot and should be treated and taken very seriously. There is a reason why most people don't joke with their privacy; it's not because they don't want to be known by others and become famous based on their discovery, but because of what comes after that. There are a lot of people who can't hide their financial background because of the level they have reached in society. Those kinds of people don't need to keep their holdings private, be it Bitcoin holdings or the level of wealth they have acquired, because they are already aware of the risk involved.

We just have to be careful. Based on our level, we also need to keep our financial status private from people who are around us. We never know who will betray who; this is just life. Not everyone who is laughing and sharing the same thoughts with you, like your progress, can really mislead people into doing what we can't ordinarily think of them.
legendary
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5$ wrench attack. A very popular term in crypto space, but for the newbies, they don't know what that means.
It's also the reason why I'm not disclosing any of my Bitcoin holdings not only on online, but in the people around me as well.

There might be some people who knows that I'm holding Bitcoin, but they don't know how much is it. I don't know, but I guess this is also the reason why I'm hesitant in teaching other people with regards to Bitcoin. There might be a chance that those who have knowledge that I hold Bitcoin might target me one day (hope will not happen).

Anyway, the case of what the OP has shared isn't 100% crypto related, but maybe the fact that he's involved in one crypto project made him a target. Nevertheless, boasting things online like what you have, properties, money, or whatever it is is always a bad thing to do. Better to keep it private, and you don't get anything if you show it online. Maybe validation.
hero member
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My innate detective sense tells me that this has nothing to do with his identity as a crypto millionaire, even though it is common sense to stay anonymous as a crypto millionaire. I believe that there are both good and bad crypto millionaires. Maybe he was the latter. The victim, John Forsyth  in the story must have been targeted in a vendetta attack, or perhaps someone is attempting to silence him. There are numerous possibilities, but until the investigation is completed by the security agencies, no one will truly be able to ascertain what happened.
hero member
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Here is one English reports about this case, Missouri doctor John Forsyth last seen getting into mystery car before being found dead in lake: brother.

The article didn't mentioned about his involvement in crypto, specially in BTC. So it's hard to conclude initially if this is homicide is related to it. And as per the news report:

Quote
Richard Forsyth said that his brother has previously been involved in dangerous situations and that he was kidnapped and released in February 2022.

So I guess we will have to wait and see, maybe the said doctor might have been involved himself which gang or any dangerous criminals.

Maybe this doctor's death has nothing to do with bitcoin or cryptocurrency. But news of bitcoin-related robberies and extortion is not new to us. And I think we shouldn't be so bragging on social media or with strangers, not just with bitcoin but all of our assets. That really endangers our lives or even our loved ones. Moreover, the theft of crypto assets will face many difficulties in tracing and tracking criminals to recover assets. Prevention is still better than cure.
sr. member
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Criminals are improving themselves just to get that money illegally. It is really scary right now that even if you own BTC and didn't bring cash or anything else with you, they can still rob you or force you to give them your assets. It was really different before because having it was more safe because you didn't have cash on you, but right now, even if you are cashless, they are still able to get your money. Always be cautious and never show your cryptocurrency assets online because anyone can harm you or someone is already checking on you.
That's because crime is evolving side by side with technology, as long as people find ways to make money in an illegal but much easier way, incidents like this will continue to happen no matter what, that's why being vigilant is a good thing and I too would always give that advice if no one has said it yet because prevention is always better than cure.
hero member
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I can't read the content of the link you posted, but from your explanation there is no certainty that this individual was killed because they have a lot of BTC, people get kidnapped and killed everyday for different reasons.

But the message of your topic is correct, keep your privacy, don't tell people you have BTC and try as much as possible to use decentralized services, so you don't have to submit kyc everywhere. You can be a victim of a $5 wrench attack if you reveal too much of your identity to the public.
We have to allow the police and other law enforcement agencies to finish their investigation and come out with a report because his death might be caused by other reason. But there is a need for bicoiners to maintain privacy. Social media could be friendly but there are many unfriendly people there. Most criminals are just seeking a trace of your house or office location and just an uploaded picture can give them what they want.

Look at it this way, how can a founder of a crypto project such as this be anonymous or make people believe he doesn’t have bitcoins locked away someplace. Take CZ of Binance for example, we don’t have to link him to a wallet to know he has a good amount of bitcoin. For these persons who are in the public eye, it’s impossible to dissociate themselves from public scrutiny. However for the regular joe, it’s very much possible to maintain privacy and keep your bitcoins unlinked to your identity.
I have a friend that owns an online business and who keeps on showing off his new cars, houses, and other valuables on social media. I was worried so I spoke to him about keeping his personal life private but he told me that it is a strategy to grow his business. People are always attracted by what they see. If you are telling them that they can make money from your company, they want to see you look rich before they will believe. he told that if you don't look wealthy people will not be attracted to your business, especially on the internet. However, he always employs the services of police force to protect him when he is moving to some unsafe area. If Dr. John is a founder of a crypto company, it will be very difficult to believe that he is not a crypto millionaire.
full member
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It remains unclear whether there is any real evidence linking BTC to Dr. John's death or how many BTC those who killed him took from him remain in doubt.How do we understand that he was attacked only because of Bitcoin, because  kidnapped and killed every day for various reasons.Dr.  John may be a Bitcoin millionaire but there is no question that Bitcoin has anything to do with his murder.But anyway the incident is really sad. We always have to be careful and remember privacy is an important aspect for crypto users.People are greedy for money and commit many immoral activities.  Maybe the incident will have a big impact on Bitcoin billionaires.
hero member
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One thing is clear here that he was not kidnapped for some medical formula other than his identity but he is Bitcoin millionaire and co-founder of Onfo coin project. He has a huge stash of bitcoins and is believed to be the reason why he was kidnapped and robbed of valuable information.
The reason of his death isn't 100% because he publicity if he's own Bitcoin, but he create a crypto project is surely make him need publicity himself and there's no way to hide it except he use his alias name and hide everything he have.

Well everyone here is anonymous, unless you yourself tells someone that you have stash of bitcoin somewhere else, in your laptop or in your phone. And with that, you will be a target for criminals because you will be an easy target for them and steal your BTC.
Assuming every users in this forum is not using his real name and they only post their Bitcoin address without share any personal information, it doesn't mean everyone here is anonymous. I'd say only 1-5% users in this forum are anonymous because most of them already send their KYC to the casino or exchange, there's no more 100% anonymous.
hero member
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Criminals are improving themselves just to get that money illegally. It is really scary right now that even if you own BTC and didn't bring cash or anything else with you, they can still rob you or force you to give them your assets. It was really different before because having it was more safe because you didn't have cash on you, but right now, even if you are cashless, they are still able to get your money. Always be cautious and never show your cryptocurrency assets online because anyone can harm you or someone is already checking on you.
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from this incident we have to take a lesson, that is so that we remain vigilant especially for large investors who have large amounts of bitcoin and indeed in this era we have to be more vigilant because our wealth assets are so diverse and one of the newest assets is bitcoin, so we have to be more vigilant. maybe now many robbers have also started to know that bitcoin is valuable, so we have to be vigilant.
legendary
Activity: 2576
Merit: 1860
I don't have much information about this case but I can't seem to link the doctor's death with Bitcoin. If the crime was about Bitcoin, the victim would probably have been tortured to force him to reveal his private keys. This is assuming that Dr. John would not easily give up on his considerable Bitcoin stash. This could mean his gadgets should have been found with his body rather than left in the car. I suppose important information linking his coins could have been stored in either devices. I don't think the victim memorized them, so the devices should have been used by the robbers during interrogation.

Also, if this is about crypto, is it not more possible that he's killed because of his Onfo Coin? This coin appears a scam to me. If this is the same coin referred to in Onfocoin.com, this is about earning money quickly through network mining, therefore a probable scam, a Ponzi in particular. The culprit could be victims of this Ponzi.
hero member
Activity: 1960
Merit: 537
Leading Crypto Sports Betting & Casino Platform
the confidentiality of BTC ownership must be maintained, even if it's our family,

This will have 2 sides, on one side, your bitcoin will be safe with you because only you own it, and no one can take it away from you. But on the other hand, it will be risky if you do not share this secret with your loved ones because sometimes life will have surprises. If you are the only one who knows about the seed phrase and when you have bad luck, those bitcoins will also disappear with you. No relative has the right to inherit, and it will be very selfish because we don't have to live for ourselves, we also have people who need to be loved and cared for like parents, wives, and children...
legendary
Activity: 3010
Merit: 1280
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We should always take caution in everything we do online.  We must not forget that anything reveal online will be kept there and can be known by other people.  It would not be a problem if all people are kind beings but every person is different,  There are as much as good people as bad people, not because one of our neighbors does not covet our cryptocurrency, all people wont?  Who knows that these neighbors might possibly scheming of how they can have access of our Bitcoin holdings.  So it is best to keep our self in avery low profile so that rich hunters won't notice us and prepare a plan to rob us of our money.
sr. member
Activity: 364
Merit: 195
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The angle is very possible because he is just too exposed about himself owning coins. Bitcoiners are easy target for the criminals because after all if the criminals got his coins, no one can ever take back even if they are caught. A criminal could just do his time and getaway with it after few months of weeks.

At gun point, the doctor will give his coins up. Sad part is he also was killed.
One thing is clear here that he was not kidnapped for some medical formula other than his identity but he is Bitcoin millionaire and co-founder of Onfo coin project. He has a huge stash of bitcoins and is believed to be the reason why he was kidnapped and robbed of valuable information.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
the confidentiality of BTC ownership must be maintained, even if it's our family,
in the case that we publish BTC ownership it will pose a heavy risk for ourselves, not only criminals, the tax mafia will also hunt us down in terms of taxes, because crypto has not been legalized in my country so it is hard for me to give my money to the country, not I am not tax abiding but at least crypto is legalized I wouldn't mind paying the taxes
Exposing oneself would also open tendencies of accidentally encouraging some people around you to do so. And once unfortunate thing happen such as dump in market prices, you'd be one for sure to blame. I guess this is more likely and more often to happen than with tisks involving taxation. Taxation on the other hand is impossible if they won't have access with your transactions. Governments also won't know all of your wealth in this industry, in an instant. It is our influence as investors which would be at risk from criticism.

Also, the only reason why some people are exposing their wealth in this industry is to brag, but are hideous whenever the market prices are falling.
legendary
Activity: 2156
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the confidentiality of BTC ownership must be maintained, even if it's our family,
in the case that we publish BTC ownership it will pose a heavy risk for ourselves, not only criminals, the tax mafia will also hunt us down in terms of taxes, because crypto has not been legalized in my country so it is hard for me to give my money to the country, not I am not tax abiding but at least crypto is legalized I wouldn't mind paying the taxes
legendary
Activity: 2576
Merit: 1655
Here is one English reports about this case, Missouri doctor John Forsyth last seen getting into mystery car before being found dead in lake: brother.

The article didn't mentioned about his involvement in crypto, specially in BTC. So it's hard to conclude initially if this is homicide is related to it. And as per the news report:

Quote
Richard Forsyth said that his brother has previously been involved in dangerous situations and that he was kidnapped and released in February 2022.

So I guess we will have to wait and see, maybe the said doctor might have been involved himself which gang or any dangerous criminals.
legendary
Activity: 2394
Merit: 2223
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Privacy is a crucial aspect for crypto users. If your privacy is compromised, it can lead to significant trouble. If the incident in question is true, sorry for it. Greedy individuals around us can pose a serious threat, making it harmful to share details about our crypto holdings. I don't even discuss my holdings with my family, as it could potentially leak and put me in a troublesome situation. Therefore, we must exercise extreme caution. The beauty of crypto is that we can participate without divulging the specifics of our actual holdings.
hero member
Activity: 2268
Merit: 789
I can't read the content of the link you posted, but from your explanation there is no certainty that this individual was killed because they have a lot of BTC, people get kidnapped and killed everyday for different reasons.

But the message of your topic is correct, keep your privacy, don't tell people you have BTC and try as much as possible to use decentralized services, so you don't have to submit kyc everywhere. You can be a victim of a $5 wrench attack if you reveal too much of your identity to the public.

Though I agree with keeping your privacy, I think this applies to persons who have a relatively high number of BTCs at their disposal. In addition to this fact, this implies that such person is also flaunting their BTCs which compromises their safety more.

If you have a number of BTCs, it really recommended that you keep yourself low-profile. Even forum users are very keen with their identity, trying not to reveal the slightest details about their safety and identity due to fears mentioned like this one.
hero member
Activity: 1344
Merit: 540
Well everyone here is anonymous, unless you yourself tells someone that you have stash of bitcoin somewhere else, in your laptop or in your phone. And with that, you will be a target for criminals because you will be an easy target for them and steal your BTC.

This could be a 5 dollar wrench attack that gone wrong,

https://cointelegraph.com/news/5-wrench-attacks-appear-to-be-on-the-rise-in-the-crypto-community
member
Activity: 532
Merit: 13
I have read a story related to this not sure if is the same person or not. For me, the cause of his death is unknown; it might not even be related to Bitcoin but the fact that he is wealthy. One needs to be careful in dealings with people within and around because they might indirectly be the ones to cause your downfall.
hero member
Activity: 966
Merit: 701
Leading Crypto Sports Betting & Casino Platform
Look at it this way, how can a founder of a crypto project such as this be anonymous or make people believe he doesn’t have bitcoins locked away someplace. Take CZ of Binance for example, we don’t have to link him to a wallet to know he has a good amount of bitcoin. For these persons who are in the public eye, it’s impossible to dissociate themselves from public scrutiny. However for the regular joe, it’s very much possible to maintain privacy and keep your bitcoins unlinked to your identity.
hero member
Activity: 2744
Merit: 588
I can't read the content of the link you posted, but from your explanation there is no certainty that this individual was killed because they have a lot of BTC, people get kidnapped and killed everyday for different reasons.

But the message of your topic is correct, keep your privacy, don't tell people you have BTC and try as much as possible to use decentralized services, so you don't have to submit kyc everywhere. You can be a victim of a $5 wrench attack if you reveal too much of your identity to the public.
Having a lot of bitcoin will not put you into danger, but if you tend to make yourself known about it in public that you are hodling a lot of bitcoin, I guess that will be the start of living your life with possible danger. People who live with so much luxuries that they become careless and not cautious the whole time, then they are the one putting theirselves into danger. However, if they keep their privacy and live life like those who are in budget, probably they will never become any target for kidnapping or killing.

One thing to avoid this is not to post any of your crypto dealings over the internet, or on any social media channels.
Just be silent about what you are doing and don't disclose to anyone that you are into this market.
Aside from avoiding any possible danger, you won't need to explain to anyone about your transactions.
You will find out that you will live a peaceful life as you only need to secure your funds from the bad actors over the net.
The problem with the younger generations today is that they post whatever they think on their social media channels, that's where they are subjecting themselves to be a potential victim as predators are lurking around.
hero member
Activity: 2856
Merit: 667
I can't read the content of the link you posted, but from your explanation there is no certainty that this individual was killed because they have a lot of BTC, people get kidnapped and killed everyday for different reasons.

But the message of your topic is correct, keep your privacy, don't tell people you have BTC and try as much as possible to use decentralized services, so you don't have to submit kyc everywhere. You can be a victim of a $5 wrench attack if you reveal too much of your identity to the public.
Having a lot of bitcoin will not put you into danger, but if you tend to make yourself known about it in public that you are hodling a lot of bitcoin, I guess that will be the start of living your life with possible danger. People who live with so much luxuries that they become careless and not cautious the whole time, then they are the one putting theirselves into danger. However, if they keep their privacy and live life like those who are in budget, probably they will never become any target for kidnapping or killing.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
People who possesses large amounts of money have to adopt extra security measures. They can't give themselves the luxury of being so careless over their physical integrity like a person who works for a minimum wage is routinely. Investments are needed on cameras, high walls, electric fences, alarms and even bodyguards. A millionaire should never be alone or solely accompanied by people he doesn't fully trust.

I think when we see murder cases like this, the problem goes beyond people around knowing you are a Bitcoin holder. It says much more about the negligence of the individual with his own safety. Because if it was solely an issue related to people knowing you are rich, nobody could be spotted as a rich person in the world without being harmed or damaged.
I guess being rich is not that easy though, as you have to completely secure your safety so that you won’t be harmed or put into danger by anyone. Same goes to bitcoin hodler that requires anonymity all the time, otherwise you are putting yourself in a dangerous situation. If we can live simply and become low key, then that would be the best key so we can live normally like those who are living with their minimum wages.
hero member
Activity: 1624
Merit: 791
Bitcoin To The Moon 📈📈📈
I read his article above with Google Translate but it has nothing to do with bitcoin although the police are still investigating this case.

Dr. John founded Onfo Coin from the aim of the project is to invite other people to mine the network or a kind of cloud mining and this project is like a ponzi scheme and that's what was written in his article.

Or maybe those who killed them were trapped in the Onfo Coin project founded by Dr. John, because this is a ponzi scheme, so they cannot withdraw the money, while the identity of the owner is known by the perpetrator and in the end he commits a heinous act.

Maybe that's the scenario, but what's clear is that I don't know the actual case. John was killed because he was shot.
hero member
Activity: 2800
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https://www.betcoin.ag

The angle is very possible because he is just too exposed about himself owning coins. Bitcoiners are easy target for the criminals because after all if the criminals got his coins, no one can ever take back even if they are caught. A criminal could just do his time and getaway with it after few months of weeks.

At gun point, the doctor will give his coins up. Sad part is he also was killed.
hero member
Activity: 1918
Merit: 564
Cases like what @OP had shared can be avoided by keeping a low profile.  But I do not think that the idea is applicable to the victim since he is a founder of a cryptocurrency company so his identity is exposed and being a CEO of a cryptocurrency will make people think that that the person is filthy rich and the possibility of ill-intended people targeting the person is really huge.

Now, us being unknown in the internet should keep it that way in order for us to avoid possible problem or danger in the future especially when we are engaging in Bitcoin investments.

Not only btc holders, nobody should declare his/her financial status publicly. If you want to show off, you must be prepared for the bad scenarios like this one in the OP. Thieves and murderers target these high profile people especially if they are weak on their personal security. If you want to live a quiet happy life and enjoy your wealth, then don't talk about it too much, better yet don't talk about it all. You can still attract chicks without drawing unwanted attention. Chicks will know. They smell money from a thousand miles away.

Only people who intend to scam other are showing their wealth in order to entice the victim to joining them.  There is no sane people that will expose his financial status in public since it is obvious that exposing one's wealth attracts danger for that person.
legendary
Activity: 3276
Merit: 2442
Not only btc holders, nobody should declare his/her financial status publicly. If you want to show off, you must be prepared for the bad scenarios like this one in the OP. Thieves and murderers target these high profile people especially if they are weak on their personal security. If you want to live a quiet happy life and enjoy your wealth, then don't talk about it too much, better yet don't talk about it all. You can still attract chicks without drawing unwanted attention. Chicks will know. They smell money from a thousand miles away.
copper member
Activity: 153
Merit: 10
Professional virtual assistant and writer
The world is turning into something else and safety is becoming what everyone wants more then money itself.

People are dying in the most tragic ways nowadays. Like OP said, if you are rich, please keep it to yourself don’t flaunt it around or let people know that you are. That makes you become a target.

And the sad trust about being a target to these criminals is that you never know you are a target until it all happens. You either gets injured, kidnapped or killed.

RIP Dr John.
hero member
Activity: 2324
Merit: 562
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In some developing countries,the people kidnapped other for the money and mostly cryptocurrency.This not happening in the developed countries,because they are satisfied with the minimum amount for their life.But in developing countries,the people from various background.Some are poor,others are rich enough to top rank in the world market.I had come across some incidents happen in African countries,it’s better not to share your real Id in the online platform which deal with the cryptocurrency.
member
Activity: 1165
Merit: 78
After reading this thread what comes to mind is that I hope cryptocurrency investors and holders that have the belief that they didn't need privacy can read this story so that they can be self-consciousness.
However, the issue of Dr. John Forsyth appears to be the same as the Cash App founder Bob Lee who was stabbed to death in the month of April.
hero member
Activity: 994
Merit: 1089
I can't read the content of the link you posted, but from your explanation there is no certainty that this individual was killed because they have a lot of BTC, people get kidnapped and killed everyday for different reasons.

But the message of your topic is correct, keep your privacy, don't tell people you have BTC and try as much as possible to use decentralized services, so you don't have to submit kyc everywhere. You can be a victim of a $5 wrench attack if you reveal too much of your identity to the public.
sr. member
Activity: 364
Merit: 195
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It's always sad to see people disappear and die in such shady circumstances.

But is there really any evidence to link the possession of BTC to Dr. John's death? The translator doesn't give me anything really readable. In any case, I'd be surprised if you killed the person concerned. Who else but him could give you the keys to the wallet? Anyway, I guess that every situation is different.

Do we have access to any statistics about the number of kidnappings, assaults or hostage-takings with the aim of stealing cryptos / BTC in some countries?

The administration has not been able to find out why the kidnappers killed them or make any arrests in this regard. What I have said is a cautionary tale because Bitcoin has become an increasingly important topic. No one can say for sure that this will not happen to Bitcoin in the future. But if Bitcoin holders keep this in mind and caution themselves, I see nothing bad.
But I can't say in terms of all countries, but in my country, even for a small amount of money, kidnapping or hijacking is done.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
People who possesses large amounts of money have to adopt extra security measures. They can't give themselves the luxury of being so careless over their physical integrity like a person who works for a minimum wage is routinely. Investments are needed on cameras, high walls, electric fences, alarms and even bodyguards. A millionaire should never be alone or solely accompanied by people he doesn't fully trust.

I think when we see murder cases like this, the problem goes beyond people around knowing you are a Bitcoin holder. It says much more about the negligence of the individual with his own safety. Because if it was solely an issue related to people knowing you are rich, nobody could be spotted as a rich person in the world without being harmed or damaged.
hero member
Activity: 504
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There was recently a very good topic on the same subject: How important is it to keep your bitcoin investments secret from others ?
    
It's always sad to see people disappear and die in such shady circumstances.

But is there really any evidence to link the possession of BTC to Dr. John's death? The translator doesn't give me anything really readable. In any case, I'd be surprised if you killed the person concerned. Who else but him could give you the keys to the wallet? Anyway, I guess that every situation is different.

Do we have access to any statistics about the number of kidnappings, assaults or hostage-takings with the aim of stealing cryptos / BTC in some countries?
I get the impression that it's all just like other reasons to do shady stuff as a fraudster/gangster. Unfortunately, people die every day for their jewelry, their belongings, their car, their money... So it doesn't surprise me to see this kind of incident every now and then, with the aim of stealing BTC.

OP, where you're wrong is when you think it's all about big wallets and wealthy people. In some countries, you can get mugged for less than $200, and many people don't understand that owning a little BTC doesn't make you rich. Some people are pretty stupid about cryptos, and when they hear "I'm interested in BTC" they think you're directly rich. We've already seen people kidnapped because their captors thought they were rich, when in fact they weren't, just because of a few messages about BTC on Twitter... I'll try to find these cases and come back to edit my post if I do.
sr. member
Activity: 364
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It is very difficult to find people in the whole world who do not know the importance of Bitcoin and what its market value will be in the future. There are millions of users holding Bitcoins all over the world. Some bitcoin holders are holding millions of dollars worth of bitcoins in their wallets. I would request those holders not to disclose their identity online. The sole purpose of making this request is that a few days ago a news item was published in my local newspaper and there was a mention of this incident.

The incident Regarding Bitcoin Millionaire Dr. John, suspicions arose when Bitcoin millionaire Dr. John failed to see him during office hours at Marchi Hospital in Missouri on May 21. After much searching, his family was forced to file a missing persons case with a local administration when he was not found. And a lot of news is spread through social media. But sadly Dr. John's car is one kilometer away from the hospital on May 28 Suspicion increases as one looks further afield. When they found his used mobile, laptop and wallet in the car, they doubled their suspicion and launched a massive search in the local administration. But Dr. John was later found dead on May 30 on a road an hour away from the hospital. The police administration found him dead with gunshot ,the police have not yet said anything about whether his death was suicide or murder, planned murder.

Dr john Forsyth
49 years old
Co founder of Onfo Coin


However, many have commented on John's death, the most talked about being that his identity was leaked to everyone and that he was possibly kidnapped for Bitcoin or some other ransom and any information or valuables were taken from him. However, all bitcoin holders should learn from this incident and remain anonymous in public and tread carefully.

See fulls: https://www.coinalap.com/bitcoin-millionaire-dr-john-killed/

The link in the news is published in my native Bengali language. If you want, you can read it with Google translation.
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