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Topic: First UK's bitcoin robbery. Stay safe. - page 2. (Read 725 times)

full member
Activity: 403
Merit: 100
February 01, 2018, 07:53:32 AM
#72
these news really scares me. Shocked ,this maybe the first robbery in UK but not first in whole world. thieves/criminals are everywhere, crimes are happens every time, so you better to stay anonymous and don't tell anybody that you are in a world of crypto, because it will leads you to be robbed someday, or else if its too late to hide your identity because you are a famous person in social media. listen to the folks on the other thread that, you have to carry a licensed ripple, or a stun gun, pepper spray or a knives. to protect your self incase thieves comes  to hunt you. you better to transfer a small amount of bitcoin in you handy gadgets to believes them that you don't have any huge amount of bitcoin if you catch-up by those criminals.
sr. member
Activity: 658
Merit: 250
February 01, 2018, 07:44:47 AM
#71
Sad story from UK, it's all over the news today:

Britain's first Bitcoin heist as trader forced at gunpoint to transfer cyber currency
http://www.telegraph.co.uk/news/2018/01/28/britains-first-bitcoin-heist-trader-forced-gunpoint-transfer/

Quote
Armed robbers broke into the family home of a city financier turned Bitcoin trader and forced him to transfer the digital currency at gunpoint, in what is believed to be the first heist of its kind in the UK.

Four robbers in balaclavas forced their way into the home of Danny Aston, 30, who runs a digital currency trading firm, before reportedly tying up a woman and forcing Mr Aston to transfer an unknown quantity of the cryptocurrency.
...

Other links:
http://metro.co.uk/2018/01/29/uks-first-bitcoin-robbery-prolific-trader-forced-transfer-fortune-7268576/
https://www.thesun.co.uk/news/5444048/bitcoin-robbery-gunpoint-danny-aston-oxfordshire-amy-jay-baby/



I hope targeting bitcoiners won't become a new trend for criminals.

And seriously, what's the best practice to prevent such cases, when you hold/have access to significant amount of bitcoins? Sure you could hide your private key (or part of it) in some secure place outside of your home, but then the risk of you (or your family) getting tortured or even killed increases. Well organised group as described above unlikely would be happy to leave with nothing.

And what about exchanges? 2FA is a prevention from hacking, but won't work at all if you're held at gunpoint. I'd be very happy to see some extra (opt-in) security features on exchanges, i.e. few days delay in withdrawing BTC above certain amount.

Thoughts?

Disclaimer: I'm just a humble crypto-enthusiast and only hold modest amounts. Plz no raid.

Edit: alternative thread (no signatures allowed): https://bitcointalksearch.org/topic/m.29168004 (thanks vintages)

I think that the best conclusion for this case - do not tell other people about savings in bitcoins or other criptourrency. If nobody knows about your criptocurrency nobody can steal it
jr. member
Activity: 104
Merit: 3
February 01, 2018, 07:31:25 AM
#70
...To the criminals, he was likely seen no differently than anyone else who had a stash of valuables in his house.  The only thing that made this story remarkable was the fact that it involved crypto instead of cash, gold, jewelry, corporate secrets or any other easily carried stores of wealth.

In many ways bitcoins are more attractive to the robbers than physical valuables. It's easier to convert to fiat than art/jewellery/electronic equipment/cars etc, easier to launder, and most of all - you're not in possession of stolen goods (unless you're stupid and force victim to send btc to the wallet installed on your phone etc).

Probably cash would be still the preferred target, as you don't need to convert it, but having huge stash of cash is always suspicious and can be a crucial proof against you.

I don't know.  If I were a robber, I'm not sure that I would take such a huge risk for what effectively only exists within the mind of my intended target.  Let's say that I tried to rob you and for whatever reason, you decided that you're not going to give me the keys to your account or maybe you don't even have access to the keys.  My only options at that point are to either kill you and walk away or just simply walk away.  Either way, I'd be left with absolutely nothing to show for it other than a potential trip to a jail cell, making a more conventional cash grab more appealing.
jr. member
Activity: 110
Merit: 5
February 01, 2018, 07:20:05 AM
#69
The best way to stay secure is for one to remain anonymous stay under the radar don't go about bragging that you have bitcoin.. if you have a public crypto trading exchange and you are known please get security persons around yourself ,stay secure..
member
Activity: 105
Merit: 10
February 01, 2018, 07:15:36 AM
#68
I don't expect them to register on Coinbase and just transfer btc from the address the victim was forced to send to. If they now what they're doing, they'll put coins through the mixer and cash out slowly in a non suspicious manner.
We've seen many spectacular bitcoin hacks over the years, in most cases hackers don't get caught.

I have read somewhere (but torture me, I will not locate the source in a thousand years Smiley ) that almost all bitcoin addresses now contain some fractions of bitcoins that were the result of some bitcoin hacks and thefts.

So it would seem that it is not possible to actually track bitcoins resulting from a theft or robbery, they will after some time get nicely and evenly distributed in many innocent people wallets.
legendary
Activity: 2436
Merit: 1561
February 01, 2018, 06:16:34 AM
#67
...To the criminals, he was likely seen no differently than anyone else who had a stash of valuables in his house.  The only thing that made this story remarkable was the fact that it involved crypto instead of cash, gold, jewelry, corporate secrets or any other easily carried stores of wealth.

In many ways bitcoins are more attractive to the robbers than physical valuables. It's easier to convert to fiat than art/jewellery/electronic equipment/cars etc, easier to launder, and most of all - you're not in possession of stolen goods (unless you're stupid and force victim to send btc to the wallet installed on your phone etc).

Probably cash would be still the preferred target, as you don't need to convert it, but having huge stash of cash is always suspicious and can be a crucial proof against you.

If that robber transfer this BTC into fiat, he surely will be captured.
...

I don't expect them to register on Coinbase and just transfer btc from the address the victim was forced to send to. If they now what they're doing, they'll put coins through the mixer and cash out slowly in a non suspicious manner.
We've seen many spectacular bitcoin hacks over the years, in most cases hackers don't get caught.
jr. member
Activity: 104
Merit: 3
February 01, 2018, 04:55:04 AM
#66
The solution is "Dummy" paper wallets. Create some "dummy" paper wallets and deposit small amounts of coins onto it to fool

these robbers. {Just enough coin to keep them occupied, because they will most probably not have enough time to check all

these wallets. Also create duplicates of paper wallets.... as soon as they leave, sweep those coins to another Bitcoin address.

Never advertise how much coins you have, and do not store your bitcoins in a safe, because that is the first place where they

will look, when they break into your house.  Angry

I am 100% sure if someone tries to rob you of your bitcoins.  They will sit there and wait until you transfer the bitcoins into their address and it get's confirmed.  They won't be stupid to fall for this and if you're driving a Lambo and live in a mansion and say you only have 10 bitcoins, they won't believe you also. 

You could say you spent it all, cashed out, or do like Mr UK did and send it with minimum fees so that it never confirms, and of course, turn OFF your internet connection before sending, or right after sending so it never broadcasts out.

You can also afford South African style home defense with the shotgun shells behind wall and ceiling panels that thunder out a WALL of lead at the push of a button.  Located bank alarm style.

Trying to fool the robbers sounds like a great way to have your family tortured and murdered in front of you as you beg for them to stop, while shitting yourself, waiting for them to get to you.  And that second part sounds like a great way to kill your family along with the robbers.  Don't be stupid if you're in this kind of situation.  Of course you should try to think of a way out, but don't do anything to anger the armed maniacs that clearly aren't nice people.  And if you can't think of anything, then by all means, do whatever you have to do to appease them and hurry them along their way.  You can replace money and possessions.  The same cannot be said for the lives of your loved ones or yourself.
hero member
Activity: 570
Merit: 504
February 01, 2018, 03:15:57 AM
#65
The solution is "Dummy" paper wallets. Create some "dummy" paper wallets and deposit small amounts of coins onto it to fool

these robbers. {Just enough coin to keep them occupied, because they will most probably not have enough time to check all

these wallets. Also create duplicates of paper wallets.... as soon as they leave, sweep those coins to another Bitcoin address.

Never advertise how much coins you have, and do not store your bitcoins in a safe, because that is the first place where they

will look, when they break into your house.  Angry

I am 100% sure if someone tries to rob you of your bitcoins.  They will sit there and wait until you transfer the bitcoins into their address and it get's confirmed.  They won't be stupid to fall for this and if you're driving a Lambo and live in a mansion and say you only have 10 bitcoins, they won't believe you also. 

You could say you spent it all, cashed out, or do like Mr UK did and send it with minimum fees so that it never confirms, and of course, turn OFF your internet connection before sending, or right after sending so it never broadcasts out.

You can also afford South African style home defense with the shotgun shells behind wall and ceiling panels that thunder out a WALL of lead at the push of a button.  Located bank alarm style.
jr. member
Activity: 104
Merit: 3
January 31, 2018, 10:37:06 PM
#64
The way I see it, this isn't something that most of us need to worry about as long as we aren't going around bragging about how much crypto we have.  I'm not saying that that's what this guy was doing; I think he was targetted because he was a broker or something which made it public knowledge that he had crypto-assets.  To the criminals, he was likely seen no differently than anyone else who had a stash of valuables in his house.  The only thing that made this story remarkable was the fact that it involved crypto instead of cash, gold, jewelry, corporate secrets or any other easily carried stores of wealth.
newbie
Activity: 113
Merit: 0
January 31, 2018, 10:18:04 PM
#63
If that robber transfer this BTC into fiat, he surely will be captured.

Sad story from UK, it's all over the news today:

Britain's first Bitcoin heist as trader forced at gunpoint to transfer cyber currency
http://www.telegraph.co.uk/news/2018/01/28/britains-first-bitcoin-heist-trader-forced-gunpoint-transfer/

Quote
Armed robbers broke into the family home of a city financier turned Bitcoin trader and forced him to transfer the digital currency at gunpoint, in what is believed to be the first heist of its kind in the UK.

Four robbers in balaclavas forced their way into the home of Danny Aston, 30, who runs a digital currency trading firm, before reportedly tying up a woman and forcing Mr Aston to transfer an unknown quantity of the cryptocurrency.
...

Other links:
http://metro.co.uk/2018/01/29/uks-first-bitcoin-robbery-prolific-trader-forced-transfer-fortune-7268576/
https://www.thesun.co.uk/news/5444048/bitcoin-robbery-gunpoint-danny-aston-oxfordshire-amy-jay-baby/



I hope targeting bitcoiners won't become a new trend for criminals.

And seriously, what's the best practice to prevent such cases, when you hold/have access to significant amount of bitcoins? Sure you could hide your private key (or part of it) in some secure place outside of your home, but then the risk of you (or your family) getting tortured or even killed increases. Well organised group as described above unlikely would be happy to leave with nothing.

And what about exchanges? 2FA is a prevention from hacking, but won't work at all if you're held at gunpoint. I'd be very happy to see some extra (opt-in) security features on exchanges, i.e. few days delay in withdrawing BTC above certain amount.

Thoughts?

Disclaimer: I'm just a humble crypto-enthusiast and only hold modest amounts. Plz no raid.

Edit: alternative thread (no signatures allowed): https://bitcointalksearch.org/topic/m.29168004 (thanks vintages)
jr. member
Activity: 154
Merit: 1
January 31, 2018, 10:03:20 PM
#62
Always be silent about your Bitcoin holdings!
member
Activity: 532
Merit: 17
January 31, 2018, 10:01:23 PM
#61
This is so sad.
As bitcoin gains more popularity,
bitcoin gain more interest among all kind of peoples.
The bad ones is the worst case here.
I hope the victim not got trauma too long.
sr. member
Activity: 518
Merit: 251
Hello. Bye.
January 31, 2018, 09:34:05 PM
#60
This is crazy, there was a time people only stole physical goods. Now Bitcoin and cryptocurrency is going to change that lol.
newbie
Activity: 81
Merit: 0
January 31, 2018, 09:29:01 PM
#59
So yes, criminals do use bitcoins in their operations!
This is absolutely the first of its kind in the history of robbery.
So folks, better be careful with identity, most in particular if you have a lot of assets in digital currency.

Stay safe all
full member
Activity: 199
Merit: 100
January 31, 2018, 09:26:49 PM
#58
i wondering why the robbers know this family have huge amount of bitcoin and apparently the robbers was following bitcoin trend and more likely to choose stole digital asset rather than physical asset but indeed this is first time to heards cryptocurrencies robbery but i wish this is could be the first and the last time we heard because will be very dangerous for us as bitcoin users

In physical currency, armed robbers will be able to get their hands more limited money, or the wallet may not have much money, or bank teller machine withdrawal limit every day. But bitcoin is different, and a thief can steal millions of bitcoin in minutes.
legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
January 31, 2018, 09:11:30 PM
#57
Update on this case:

http://www.dailymail.co.uk/news/article-5327843/Bitcoin-robbers-left-failed-raid.html

Quote
Bitcoin robbers who stormed into a traders house and tied up his girlfriend were left with nothing when his transfer of the crypto-currency failed to reach their account.

Am not sure how nothing reached their account - did the miners not pick up the transaction, did he fake that he had sent it?
member
Activity: 101
Merit: 16
January 31, 2018, 01:06:25 AM
#56
The solution is "Dummy" paper wallets. Create some "dummy" paper wallets and deposit small amounts of coins onto it to fool

these robbers. {Just enough coin to keep them occupied, because they will most probably not have enough time to check all

these wallets. Also create duplicates of paper wallets.... as soon as they leave, sweep those coins to another Bitcoin address.

Never advertise how much coins you have, and do not store your bitcoins in a safe, because that is the first place where they

will look, when they break into your house.  Angry

I am 100% sure if someone tries to rob you of your bitcoins.  They will sit there and wait until you transfer the bitcoins into their address and it get's confirmed.  They won't be stupid to fall for this and if you're driving a Lambo and live in a mansion and say you only have 10 bitcoins, they won't believe you also. 
legendary
Activity: 1904
Merit: 1074
January 30, 2018, 01:18:20 PM
#55
The solution is "Dummy" paper wallets. Create some "dummy" paper wallets and deposit small amounts of coins onto it to fool

these robbers. {Just enough coin to keep them occupied, because they will most probably not have enough time to check all

these wallets. Also create duplicates of paper wallets.... as soon as they leave, sweep those coins to another Bitcoin address.

Never advertise how much coins you have, and do not store your bitcoins in a safe, because that is the first place where they

will look, when they break into your house.  Angry
member
Activity: 350
Merit: 12
Crypto Enthusiast!
January 30, 2018, 12:43:02 PM
#54
This sounds really scary, with all the technology advancement we still end with stealing using the old school technique. Just weird and those who steal should be given severe punishment.
legendary
Activity: 2758
Merit: 3105
Top Crypto Casino
January 30, 2018, 12:39:17 PM
#53
What a sad story.
I don't know how did the robber know that the man in the house had BTC?
Even robbers became smart these days.
The paradox is that it was a physical agression to steal a digital money Smiley
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