Topic: First UK's bitcoin robbery. Stay safe. (Read 725 times)

These bitcoins are not dangerous. Yes, there may be risks that are small, but for several years it has been successfully earned!

Low profile and tell nobody.

That is brutal. How to defense yourself from that!? I guess the best thing is to keep a low profile to avoid attracting attention to yourself. In small cities or places that is hard thing to do. Moving is an option too. This will be a huge problem in future.

what a scary thought...I wouldn't know what to do. Security is done when you're compromised like that

So he had the coins on him and the muggers must've known he had them on him as well. It sounds like there was some information leakage somewhere along the line along with extreme silliness for carrying that much around in the street.

As an aside to the original subject of this thread I haven't seen it mentioned that the robbers got nothing. I can't find the details but I presume the trader who was done over must've double spent or done some type of spoof transaction.

Didn't want to start a new thread, I'll just post a similar story from Moscow here:

https://cointelegraph.com/news/moscow-man-mutilated-and-mugged-for-1-million-in-bitcoin-local-sources-report

yes it started as large number of people knows about how precious is bitcoin.stay safe

It is not easy to rob someone who is having any kind of digital currency whether it is bitcoin or not. If you want to do so, you are supposed to kidnap owners and even if someone is residing a big bungalow, this does not indicate his possession of bitcoin. Many rich people are still not investing into bitcoin. In short, it is not that easy as it appears to rob bitcoin. This is one of the reason why people are investing into bitcoin.

Well it is not that easy because now bitcoin has a lot of wallets, now bitcoin has wallet if we will put pour bitcoin in wallet no one will be able to steal or use your bitcoin, blockchain is for safety it is as safe as we want, it is easy to rob a bank and take all of the paper currency but mate if you will put your money in bitcoin and then use bitcoin wallet no one will be able to steal your bitcoin until they know your bitcoin wallet password.

Unfortunately, anything of value attracts the thief, be very careful and be discreet about what you own

Believe me, it would.
It has been started.


The thing that we can do is to protect our anonymity at all costs. They won't know who you are if you didn't share your identity with the public (internet) for free or easily.


Duh, 2FA supposed to be safe as long as the access to your device is in your own hand.


This would make things more complicated to do.

---

Frankly, I think this kind of event is making me more certain that Bitcoin is a real currency.

You can definitely create a software for that and do an ICO here for such project. You will probably collect thousands of ETHfor it.

High jacking and gun pointing may happen again when criminals know there are money to take from someone. If you live alone or maybe you are part of the devteam you may be a target of these criminals.

I think man who got robbery was really show off what he get fromo bitcoin, as a person we should lay low don't show everybody that we become rich from bitcoin just do like ordinary life
But i think the robbery have a connection with his son who know his dad have lot bitcoin just my opinion hehe

One way to solve this is use 2 Bitcoin accounts, one with most of the funds, with the private key secured in a bank safe or somewhere safe, and the other with a small amount of funds for daily use. Of course if someone is daily trading with a large amount of money then he would still have that problem but this is true for any person who deals with large amount of money on a regular basis. In this case he simply should do his tradings from an office or somewhere secure and not from home.

Before I was thinking about this.
I love the anonymity because I can hold a lot of bitcoin and my neighbors wont even know I have a lot of money stacked in crypto currency.
They cannot get it from my house or try to guess the pin of my ATM card.

But now, because of the information that exchanges and wallets wants from us before withdrawal it is getting a little scary.
I hope we can all come back to the time where it is not needed. Where is the anonymity now?

(grabbed from the alternate link. Credits to vintages.)

This could be the answer. Not trading, but what if you just knew that before you can withdraw, that they need the information and you have already deposited the crypto.
There should be an info about this at the start of their webpage so that people will know.
But I guess they are all requiring it now.
The answer will be to require it before even going in that trading website.
Somehow they should know initially that they will lose their anonymity even before they deposit.

I think this comic fits perfectly in this topic, surprised that no-one had posted it already :p


Source: https://xkcd.com/538/

But yeah, it's never a good idea to go around telling everybody how many Bitcoins you have or even just telling them you have Bitcoins in general.
In this particular case, the guy probably had to make his identity known since he was running an exchange service, but you'd at least expect him to invest more into his personal security.

I think this would work:

Prerequisite: A full Bitcoin node also running a SPV wallet server. Configure your wallet to use this server.

Step 1: Inject a double spend into your server's mempool. It needs to be payable to an address in your HD wallet. The fees "offered" need to be moderately high. The amount transferred should be a significant portion of your BTC. The source (TXO) doesn't really matter, but perhaps should be from an address you used in the past but that isn't in your wallet.

Result: Your wallet will pick up the double spend as received coin. Thieves will be lured into including this in the theft. Consequently, their outgoing send will never confirm!

Optional step 2: Compile your own modification of wallet software. Detect the magic double spend and display it in the UI as confirmed. Also ignore the "don't spend unconfirmeds" option for this transaction.

Alternate step 1: Create a massive (wide and deep) chain of zero fee transactions that transfers real BTC into your wallet. Make it so big that an enormous ChildPaysForParent fee would have to be paid to confirm the chain. The benefit is that you can be reasonably sure that nodes will broadcast the theft transaction. Thus, if the thieves are independently watching their own wallet, they'll see the unconfirmed transaction arrive.

I heard about this case recently on another forum and it really made me sad. But one thing to consider here is that how can anyone one know of your Bitcoin investments. Provided you do not show off your earnings or talk about it to relatives and friends, there are very less chances of this getting in notice of criminals. I think it is better to remain secretive about Bitcoin investments to remain on the safe side. Finally, I hope those criminals are exposed and dealt with.

I was surprised to hear his affection that it could happen, I hope the thieves are accountable for his actions, hopefully the robbers can be caught by the police. Hopefully events like this will not happen again, I am worried because the robber has not been caught.

Hmm, ok crypto traders, be ready at all times, do not save all your crypto belongings in one  BTC address, spread them to different wallets, trezor wallets and paper wallets. Spread the wallets to lessen the risk. And dont forget to hide and secure the crypto private keys.