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Topic: Friend gives wallet seed to stranger and bitcoins disappear from his wallet - page 2. (Read 991 times)

full member
Activity: 302
Merit: 100


Going forward, my friend tells me he will buy more bitcoin, but be more careful next time. Right now, he will be on the sidelines because he has no more money to invest.

He is thinking that this was a great kick in the balls from the stranger. What if btc goes to 10k, 25k, 50k? I told him he needs to hope for the best, however, expect the worst, and move on.

Really pain in his heart to lost BTC2.6
What kind of wallet did he used?
What kind of features did he asked?
How long your friend have been using/holding bitcoin? A newbie or layman could be tricked obviously.
But, the most funny part is: the stranger at a bar that is known to have a lot of bitcoiners around.
Hopefully police could manage to find this stranger which known to have a lot of bitcoins around.


He bought the bitcoins about 1 year ago.

He was using electrum wallet on his computer.

He wanted to know how to password protect the seed. The stranger apparently was next to him watching his computer.

He had been holding for one year, but never really paid much attention until recently. I would say he is considered a newbie.
hero member
Activity: 910
Merit: 523


Going forward, my friend tells me he will buy more bitcoin, but be more careful next time. Right now, he will be on the sidelines because he has no more money to invest.

He is thinking that this was a great kick in the balls from the stranger. What if btc goes to 10k, 25k, 50k? I told him he needs to hope for the best, however, expect the worst, and move on.

Really pain in his heart to lost BTC2.6
What kind of wallet did he used?
What kind of features did he asked?
How long your friend have been using/holding bitcoin? A newbie or layman could be tricked obviously.
But, the most funny part is: the stranger at a bar that is known to have a lot of bitcoiners around.
Hopefully police could manage to find this stranger which known to have a lot of bitcoins around.
sr. member
Activity: 742
Merit: 329
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     A friend who asked for instructions on how to use certain features of his wallet, was apparently tricked into divulging his seed to a stranger, and now his 2.6 btc are missing from the wallet, and so is the stranger. Does he have any recourse?


In choosing a bitcoin wallet, you need to consider a lot of factors, such as security, convenience and accessibility. I choose my wallet base on my country because it is much accessible if the wallet is usable in my own country to buy stuff.

full member
Activity: 798
Merit: 103
I would say: never trust someone. Would you give or lend your wallet with money inside? I think no. So it is also valable with electronic wallet.
I hope the police can help him recover the fund. But i am afraid that it will be very difficult... But as they have some pictures or video of this person, there is a chance they can catch him one day.
hero member
Activity: 1442
Merit: 629
Vires in Numeris

A Police report has been filed, and a description of the person, a stranger has been given to them. The bar is cooperating. There were surveillance cameras so they may be able to identify the guy, or not. regardless, it may be difficult to get the coins back.
Just be careful... 2.6 BTC is a really high amount of money in fiat. If he has just exchanged his life savings to bitcoin some weeks before, than it won't be a problem, but if he collected the bitcoins over the years (when it has much less value), it could generate a problem (taxes). Police will start to investigate where the bitcoins went, but after, they will hand over the whole thing to the tax authorities, to investigate where that amount of money came from... so be really careful
My opinion is that starting a police investigation was maybe a wrong way (but obviously the only legal way). If the surveillance cameras took photo about the stranger, it would be wiser to start a private investigation instead. But I hope I'll be wrong at the end. Fingers crossed, keep us updated please
full member
Activity: 302
Merit: 100


Going forward, my friend tells me he will buy more bitcoin, but be more careful next time. Right now, he will be on the sidelines because he has no more money to invest.

He is thinking that this was a great kick in the balls from the stranger. What if btc goes to 10k, 25k, 50k? I told him he needs to hope for the best, however, expect the worst, and move on.
sr. member
Activity: 406
Merit: 256
In most cases of thefts of money is to blame in the first place the users themselves. Was warned a million times not to give your password, not to visit suspicious websites and don't store all your coins in one place. Imagine how many people would suffer from a virus such as if You kept coins offline on their PC.
sr. member
Activity: 537
Merit: 250
My thinking even if your friend could track down the thief, the probability of the thief himself giving back the btc to your friend is kinda low.
even worse if your country have no regulation to cryptocurrencies, the government will just don't give a shit you know.
newbie
Activity: 2
Merit: 0
Bummer. I don't think the authorities will be able to assist in this matter. He'll just have to deal with it and move on. Lesson learned
hero member
Activity: 2842
Merit: 772


     A friend who asked for instructions on how to use certain features of his wallet, was apparently tricked into divulging his seed to a stranger, and now his 2.6 btc are missing from the wallet, and so is the stranger. Does he have any recourse?

I'm sorry but bitcoin transaction is irreversible. There's no other way to refund it if that what's you mean. That's why we need to protect at the highest level our private keys because once we give it to a total stranger, your bitcoin is good as gone. Why does your friend trust a total stranger to begin with. I can't fathom that someone will totally divulge your private keys. And 2.6 BTC is damn high amount to be scammed. Its gonna be painful but let this be a lessons learn for you and your friend. That's why we always preached hear to protect your wallet and your private keys or seeds.
full member
Activity: 644
Merit: 103
You can't do anything now to recover the lost btc. Transactions are irreversible and most likely that stranger is gone like bubbles in the sea. You'll just have to charge this to experience and hope to avoid making the same mistake. Do proper research about bitcoin since large sums of money are on the line. And with that, I hope you refer this forum to your friend as there are many helpful threads in here.
hero member
Activity: 868
Merit: 500
Why those person would trust his keys with a person he doesnt know at all, this forum has a lot people wich can help and support others with their issues. But well lesson learned, i do hope your friend will be able to find this person, but there is no way to force those to repay unless bitcoin is already legalized and you can proof he had stealed, besides the fact your friend gaved the seed.... and ended loosing the coins.
legendary
Activity: 3472
Merit: 10611
A friend who asked for instructions on how to use certain features of his wallet, was apparently tricked into divulging his seed to a stranger, and now his 2.6 btc are missing from the wallet, and so is the stranger. Does he have any recourse?

yeah, i also heard someone offered a kid some candy in his van but the kid never got the candy but he was molested instead.
the "resource" i have for this one is a video:
full member
Activity: 532
Merit: 100


     A friend who asked for instructions on how to use certain features of his wallet, was apparently tricked into divulging his seed to a stranger, and now his 2.6 btc are missing from the wallet, and so is the stranger. Does he have any recourse?

your friend bitcoin is gone even if you find the guy he would just deny it unless you have witness or proof. 2.6 btc is a huge amount this should serve as experience to your friend. walled seed is always important so never talk or give it to stranger.
full member
Activity: 302
Merit: 100

A Police report has been filed, and a description of the person, a stranger has been given to them. The bar is cooperating. There were surveillance cameras so they may be able to identify the guy, or not. regardless, it may be difficult to get the coins back.
legendary
Activity: 2800
Merit: 1012
Get Paid Crypto To Walk or Drive
If by recourse you mean legally, then yes, it is illegal and he can call the police on the guy. If you mean actually finding the guy, most likely not. The coins are probably long gone unfortunately.
sr. member
Activity: 504
Merit: 251
★777Coin.com★ Fun BTC Casino!
This just shows how important the seed is to keep safe. It is most important it is kept secure even more so now that bitcoin has such a high worth. Your friend must be feeling very bad about been scammed like this.
hero member
Activity: 910
Merit: 507


     A friend who asked for instructions on how to use certain features of his wallet, was apparently tricked into divulging his seed to a stranger, and now his 2.6 btc are missing from the wallet, and so is the stranger. Does he have any recourse?
Never trust anyone seed or privatekey is so important no one can know it. I think his bitcoin gone but he need to ask that person that his bitcoin gone. But i think if that guy stole his btc he didnt admit it that his the one stole the bitcoin.
hero member
Activity: 2086
Merit: 994
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     A friend who asked for instructions on how to use certain features of his wallet, was apparently tricked into divulging his seed to a stranger, and now his 2.6 btc are missing from the wallet, and so is the stranger. Does he have any recourse?
I'm afraid that his coins are gone forever. Even if you can track the dude who did it, once the coins are moved from one address to another, there's nothing you can do to get them back.
Lesson learned, you never give out your seed/private keys or any kind of information related to you bitcoin wallet to anyone.
hero member
Activity: 752
Merit: 501
Someone probably tricked him... I got tricked before too and it sucks, but we live and we learn. Hopefully he did not lose too much. Shocked
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