Irrespective of the much passion i have to make others also benefit from the knowledge of cryptocurrency as I do today, I also take exception in certain cases as to declining from engaging with some persons about it.
Based on what my mind tells me, I may just say please go do the research for yourself and learn the hard way so you don't come pointing blaming fingers on me especially when there's no clear cut to use in exonerating myself should the person get gullible and make a loss of asset in the process.
Just like in this case all fingers are pointing on one person but it might probably be that there's more to the story than meet the eyes.
Topic: How will you handle this case (Read 607 times)
I don't know how to handle this case, I have two junior brothers in my small town who lives opposite to my house, one help the other to create a trust wallet and 100$ worth of Ethereum was deposited into the wallet, two days later the fund was moved out to am unknown address, after asking few questions from the wallet owner I found out that the other guy has access to the wallet too, I believe he did the dirty trick because he never warned the wallet owner to never share his recovery seed with anyone..if you are in my shoe what will you do..
Which of the guy? Is it one of your brothers that moved the fund from the wallet? That is why when it comes to money there is no brother or sister again, even husband and wife are dishonest when comes to money. Well I don't have too much to say about the case. One thing was that there was trust from the other from the other brother that his brother would not betrayed him but it has happened and you won't kill him so if he still has the fund in his wallet, he should return the money to the brother and let the brother create another wallet and move the funds to the new wallet. And he should not trust anyone concerning money. For him to have happy mind with others, he should steer clear with people about Money. But if they are not brothers, the one that moved the fund to his wallet is a thief. And a dishonest friend and he should not move with that friend again because he would do him something bigger.
google have all the answers.
I advise him not to rely on google search results, sometimes get redirected to phishing sites especially if it's a wallet issue. Get more information about wallets and security advice from the official site, you may be able to choose which wallet suits your needs.Follow the steps: https://bitcoin.org/en/choose-your-wallet
Take the following safety steps: https://bitcoin.org/en/secure-your-wallet
I did not see in the answers the assumption that the student who was taught to create a wallet, having mastered the lesson, later created a new wallet himself, realizing that the first wallet was already known to his brother. And accordingly transferred the entire amount to a new wallet.
And later, complaining about his inexperience, he simply shifts the blame to everyone else.
From this side, it can be assumed that the student has surpassed his teacher.
And to say that brother will not deceive brother sounds very utopian. Just the same, the most painful lessons we receive from loved ones are similar.
And later, complaining about his inexperience, he simply shifts the blame to everyone else.
From this side, it can be assumed that the student has surpassed his teacher.
And to say that brother will not deceive brother sounds very utopian. Just the same, the most painful lessons we receive from loved ones are similar.
Unfortunately, the other guy you mentioned is the culprit. Sadly, proves once again, the not your keys, not your coin saying to be true. Trust is a tough thing, can't even give family a pass. Are you going to confront the culprit?
It would help in this case in order to have clarity of what really happens. It's up to the culprit, to tell the truth, or lie, and even those people around him will think of different views of that person and in their minds, he can never be trusted. Sometimes, we need to keep some secret from our family. I'd found it right for some of our family members may think differently and even betray us. They might be good to us but have also an evil plan.
This is why I am not eager enough to work with our own brother or other siblings. Because, if there is a conflict related to business or his affairs, it will have an impact on personal relationships and this is really uncomfortable.
In this case, of course, you have the right to know why someone else has or knows access to the wallet, and what the reason is until he finds out. And how the continuation of the money has moved. However, it will be difficult, but business is still business. At least, at first, you can talk about this matter nicely with your brother.
Building trust is very difficult, sometimes the closest people also don't guarantee the trust itself.
It would be better if you immediately talk to him and discuss how his condition and what to do. If there is strong evidence, this can be your guide in making a deal
The business conflict between siblings is indeed very uncomfortable because it will have an impact on our personal lives as well. It's better to have a conflict with someone other than family.In this case, of course, you have the right to know why someone else has or knows access to the wallet, and what the reason is until he finds out. And how the continuation of the money has moved. However, it will be difficult, but business is still business. At least, at first, you can talk about this matter nicely with your brother.
Building trust is very difficult, sometimes the closest people also don't guarantee the trust itself.
It would be better if you immediately talk to him and discuss how his condition and what to do. If there is strong evidence, this can be your guide in making a deal
The problem of misuse of wallets discussed by the OP will certainly be a complicated one because what he is dealing with is his own brother. the solution must be discussed properly and must find a way out so that no new conflicts occur and no one is harmed.
Building trust in others is very difficult. the closest person is not a guarantee of being a trusted person. even most of the closest people become the main source of conflict. When it comes to money, no more about family status or anything, all the same. money will change everything.
Unfortunately, the other guy you mentioned is the culprit. Sadly, proves once again, the not your keys, not your coin saying to be true. Trust is a tough thing, can't even give family a pass. Are you going to confront the culprit?
If you live in a nation that does not support cryptocurrencies, I don't believe there is anything you can do with the information supplied here. I'm sorry your brother had to experience a difficult cryoto security lesson. Just attempt to inspire him to stay positive about cryptocurrencies. After reading about it, all he needs to do is make another wallet on his own this time.
I don't know how to handle this case, I have two junior brothers in my small town who lives opposite to my house, one help the other to create a trust wallet and 100$ worth of Ethereum was deposited into the wallet, two days later the fund was moved out to am unknown address, after asking few questions from the wallet owner I found out that the other guy has access to the wallet too, I believe he did the dirty trick because he never warned the wallet owner to never share his recovery seed with anyone..if you are in my shoe what will you do..
If I were in your situation mate, I have to confront that person and ask what he really did. It was best to verify the situation before making blame and to finger point who really does the sudden disappearance of funds as we can't deny the fact that hacking is possible and we are uncertain as well what your brother does after creating the wallet or let us say "he might click some links". So many instances happen to cause lose control of our account and losses our money. 
This is why I am not eager enough to work with our own brother or other siblings. Because, if there is a conflict related to business or his affairs, it will have an impact on personal relationships and this is really uncomfortable.
In this case, of course, you have the right to know why someone else has or knows access to the wallet, and what the reason is until he finds out. And how the continuation of the money has moved. However, it will be difficult, but business is still business. At least, at first, you can talk about this matter nicely with your brother.
Building trust is very difficult, sometimes the closest people also don't guarantee the trust itself.
It would be better if you immediately talk to him and discuss how his condition and what to do. If there is strong evidence, this can be your guide in making a deal
In this case, of course, you have the right to know why someone else has or knows access to the wallet, and what the reason is until he finds out. And how the continuation of the money has moved. However, it will be difficult, but business is still business. At least, at first, you can talk about this matter nicely with your brother.
Building trust is very difficult, sometimes the closest people also don't guarantee the trust itself.
It would be better if you immediately talk to him and discuss how his condition and what to do. If there is strong evidence, this can be your guide in making a deal
I don't know how to handle this case, I have two junior brothers in my small town who lives opposite to my house, one help the other to create a trust wallet and 100$ worth of Ethereum was deposited into the wallet, two days later the fund was moved out to am unknown address, after asking few questions from the wallet owner I found out that the other guy has access to the wallet too, I believe he did the dirty trick because he never warned the wallet owner to never share his recovery seed with anyone..if you are in my shoe what will you do..
The lapsis has already been done, I don't think there is a way you can retrieve or track that transaction. The wallet's creator is to blame because he failed to explain in detail how important the wallet's private key or seed phrase are.Now you must take your time and teach them some basic security tips about wallet, key, and address, putting an end to this type of error or mistake for them, giving them good knowledge and training them well to avoid making the same mistakes again.
I did track the transaction and we have the Ethereum address that the fund was moved to, I told the suspected brother to show me his wallet address because I suspect him and he failed to, I have no proof to show the victim, for now he remains a suspect.
I think you should close your mouth and don't tell your brother who got scammed if the other brother was stole his money because you guys might a problem and it will make your relationship bad. So it's better to maintain a distance and don't really close with the brother who have a bad motive.You should teach or at least give him guide about Bitcoin and wallet stuffs to learn, so this will make him understand if he must not asking other people to create a new wallet for him since each address have a private key which no one shouldn't know except the holder.
Not good to shut their mouth because it also mean that he's tolerating the other half who do bad deeds, maybe its good to talk about the issue so that it will be solve on correct argument. If they hide this the anger will just burst if the affected person knows who is the person who did bad to him.
Teach him how to safe keep important information is big thing to newbies so teach them again without taking anything will be much ideal action to do.
I also agree that in that case, we should keep our mouths shut. There's no need to make a big deal out of it because this will make the relationship worse for both of them and the real amount won't be that big. Just tell your brother (victim) to limit contact with the other and not to trust anyone when it comes to money.
Consider this as the first lesson about cryptocurrencies, the cryptocurrency market will have hundreds of times more pitfalls. Teach him everything he needs before continuing to use cryptocurrencies and don't forget to throw away the wallet whose private key has been exposed.
I don't know how to handle this case, I have two junior brothers in my small town who lives opposite to my house, one help the other to create a trust wallet and 100$ worth of Ethereum was deposited into the wallet, two days later the fund was moved out to am unknown address, after asking few questions from the wallet owner I found out that the other guy has access to the wallet too, I believe he did the dirty trick because he never warned the wallet owner to never share his recovery seed with anyone..if you are in my shoe what will you do..
Only $100...So you are so lucky. My Friend has lost $1500 because he trusts to anyone who given the guidelines about to create a wallet.
I suggest that just forget it and move on.
And...
Never trust to anyone if there is the internet and you can easily access to anything and you can search any kind of guidance from Google or even you can watch a video tutorial from YouTube.
I don't know how to handle this case, I have two junior brothers in my small town who lives opposite to my house, one help the other to create a trust wallet and 100$ worth of Ethereum was deposited into the wallet, two days later the fund was moved out to am unknown address, after asking few questions from the wallet owner I found out that the other guy has access to the wallet too, I believe he did the dirty trick because he never warned the wallet owner to never share his recovery seed with anyone..if you are in my shoe what will you do..
The lapsis has already been done, I don't think there is a way you can retrieve or track that transaction. The wallet's creator is to blame because he failed to explain in detail how important the wallet's private key or seed phrase are.Now you must take your time and teach them some basic security tips about wallet, key, and address, putting an end to this type of error or mistake for them, giving them good knowledge and training them well to avoid making the same mistakes again.
I don't know how to handle this case, I have two junior brothers in my small town who lives opposite to my house, one help the other to create a trust wallet and 100$ worth of Ethereum was deposited into the wallet, two days later the fund was moved out to am unknown address, after asking few questions from the wallet owner I found out that the other guy has access to the wallet too, I believe he did the dirty trick because he never warned the wallet owner to never share his recovery seed with anyone..if you are in my shoe what will you do..
The answer is very simple, provided that both of them collabrate to create the wallet, their is every tendency that the wallet seec phrase has been exposed to unknown person from both, or the place where the seed phrase being kept has been expose also. Or one of them is greedy and it wants to own the funds.
For the brother to be aware of the login details nd not relating to the owner of the wallet the dangers involved in having another person know your password, it could only have been a scheme of his evil intent. Unfortunately, no harsh actions could be taken as, it will fall right back on the family. If possible, you guys could compensate him and hope he learns his lessons
1. Never to trust nobody
2. His enemies are those closest to him and
3. Privacy in cryptos is everything.
He should take that as a teaching moment and never forget that!
OP, the solution to the question you seek speaks for itself. Of course, the dude who created the wallet should be held responsible for the missing fund. Most definitely, he moved it. His intention wasn't genuine in the first place. Otherwise, he would've asked the other brother he was helping to create the wallet by himself with little guide without as little as peeping into the passphrases. When I create wallets for people I usually distance myself once it gets to revealing the passphrase or password. I want them to be the only ones who know their PP or PW, as I also hammer it into them never to ever expose it to anyone. So, your Brother A helped the other Brother B set up a wallet and then went through the backdoor to rob him. It's that simple.
If it was your normal fiat currency will you have asked your younger brother to go open an account for you. And even if you do the bank will decline. because the want to be sure of the security of your funds the same applies to your private key. It won't have taken you upto 2omins to setup your wallet yourself and save yourself this drama. I will advice you forget the ETH and move on after all its yout brother
Never see that 'brother' ever again, never share pvk, seed phrase no matter how close. All relations are fragile.
I don't know how to handle this case, I have two junior brothers in my small town who lives opposite to my house, one help the other to create a trust wallet and 100$ worth of Ethereum was deposited into the wallet, two days later the fund was moved out to am unknown address, after asking few questions from the wallet owner I found out that the other guy has access to the wallet too, I believe he did the dirty trick because he never warned the wallet owner to never share his recovery seed with anyone..if you are in my shoe what will you do..
The answer is very simple, provided that both of them collabrate to create the wallet, their is every tendency that the wallet seec phrase has been exposed to unknown person from both, or the place where the seed phrase being kept has been expose also. Or one of them is greedy and it wants to own the funds. Jump to: