Known Physical Bitcoin Attacks | Bitcointalksearch.org

okala

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Quote from: pushups44 on May 06, 2019, 04:25:22 AM

Quote from: samputin on May 06, 2019, 04:07:36 AM

I really don't understand why there are people who can do things like that. It's just, where's their humanity? Technology wise, they seem to know very much about crypto. Why they can't just use their intelligence on worthwhile things without having to degrade and hurt people knowing that others worked hard for it? *sigh*

Seems like money, really, is the root of all evil. We should always be on guard on every circumstances that we may encounter. And I hope that those people will soon realize that their actions are unjust. Hope they still have even the slightest conscience.

A lot of these robberies are actually committed by boneheads who are trying to steal cash during a face-to-face transaction. Hence, their stupidity will reach unbelievable depths in some cases. So, one lesson to learn from this is to avoid doing major transactions in places where you can be vulnerable - and yes, a weapon can be handy.

Apart from the report of the stolen bitcoin ATM containing €2,000, I don't think there is any other that has to do with face to face transactions. Most of the crime are carried out using an insider or working with information. Bitcoin/cryptocurrency is anonymous and at that it hard to no who is a big holder so criminals don't work alone they get information from close persons before they attack they victims.

Herbert2020

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there is a general rule that you never publicly announce your wealth! but when it comes to bitcoin sometimes people are too excited and forget that rule and also forget some of the security precautions that they should be taking. for example i have read multiple cases of armed robbery where people were trying to sell their bitcoin face to face but instead of meeting in a public place they did it in a secluded place where nobody could even hear them let alone see them! and that led to the robbery.

o_e_l_e_o

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Quote from: bitart on May 09, 2019, 03:50:42 PM

Are these secondary wallets are restored if you restore your seed on a brand new device after the attack? If yes, it's a really good thing to know.

Yes, provided you also remember your passphrase.

If you restore your seed on a new device, you will have access to your main accounts. To access the secret accounts, you will need to enter your passphrase in the specific menu. Until you do so, there will be no trace of your secret accounts.

The secret accounts require both the seed and the passphrase to access. If you forget or lose either of these, you will lose access to your coins.

cheng07

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Quote from: Haunebu on May 06, 2019, 05:29:34 AM

Quote from: samputin on May 06, 2019, 04:07:36 AM

I really don't understand why there are people who can do things like that. It's just, where's their humanity? Technology wise, they seem to know very much about crypto. Why they can't just use their intelligence on worthwhile things without having to degrade and hurt people knowing that others worked hard for it? *sigh*

Seems like money, really, is the root of all evil. We should always be on guard on every circumstances that we may encounter. And I hope that those people will soon realize that their actions are unjust. Hope they still have even the slightest conscience.

Sadly, this is the world that we live in. Everyone wants shortcuts and are not willing to take the long route to success in life. These robberies and murders happen around the world(Crypto or Non-Crypto) since money is involved as you stated.

At the end of the day, it all comes down to how smartly we safeguarded our assets. If you observe these cases properly, you can see that majority of them lost money due to their own stupidity.

I totally agree, whether we like it or not, a lot of those people are with us. They just can't take off there hands to easy money. All we have to do is to be very vigilant and not to trust anyone right away. I guess those people doesn't have conscience anymore that they don't care about others, all they care about is how to get those money and live a luxurious life without doing any hard work.

bitart

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Quote from: o_e_l_e_o on May 06, 2019, 08:37:58 AM

...
These secondary wallets are impossible to detect provided the attacker does not know they exist. This means both not publicizing the fact that you are holding large amounts of crypto, and making sure they are not obviously linked to your main account via blockchain analytics. If you are physically attacked, you can give up your main wallet (with a small amount of crypto inside), while your secondary passphrase protected wallets are undetected and untouched.

Are these secondary wallets are restored if you restore your seed on a brand new device after the attack? If yes, it's a really good thing to know.
I'm afraid that who attach you because of bitcoin will know about this secondary attack and can use the same $5 wrench to get the information... or you should be absolutely convincing that you have no clue about that secondary wallet thing at all...

thirdlight

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You should always be very careful. Because you have to understand that the attacks will not stop because bitcoin is a virtual coin. And if you do not protect yourself, then no one will protect you.

tegarp90

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Quote from: vermigerous on May 06, 2019, 03:34:58 AM

I want you to be careful, If you holding a big amount of bitcoin you need to be careful learn from this tragedy so will not become a victim later on.

Known Physical Bitcoin Attacks

https://github.com/jlopp/physical-bitcoin-attacks/blob/master/README.md

That's why KYC in crypto activity is quite dangerous.
The special thing of crypto is we can hide our wealth without knowing by others

Ucy

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I wonder how the robbers get to know that their victims own bitcoin. I guess they monitor the victims social media or other online platforms.
People should try to avoid having huge amount of bitcoins in a single address. There should be wallet that automatically split coins into multiple addresses with multiple private keys , so that if a user is in a situation where a bitcoin thief asks for his private keys, he can send him only the coin in one private keys

Moiyah

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I appreciate your warning. I didn't know Hal Finney was a victim from 2014, too but I guess the website has some mistakes since Hal Finney died at August 2014 and the incident written in your link was December 2014. But anyway, back to the topic. It is better not to reveal how much bitcoin you owned to prevent this kind of attacks. Sometimes, being silent will save you from evil actions. There are so many cases like this and only to find out that an immediate relative or a personal connection was involved in this kind of issues.

ene1980

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Quote from: vermigerous on May 06, 2019, 03:34:58 AM

I want you to be careful, If you holding a big amount of bitcoin you need to be careful learn from this tragedy so will not become a victim later on.
Known Physical Bitcoin Attacks

If you boast about your wealth in the public the risk are real and you could get in all sorts of trouble and especially with crypto currency people might go to any lengths to steal your coins, have seen similar cases in UK where people were blackmailed at gun point and asked to transfer bitcoin and we have seen many extortion case from Russia and India where they kidnap people and demand bitcoin in return.

Detailed news about the incident

BitMaxz

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I'm afraid that it might happen to me or in my friends who also use bitcoin.
That is why I always keep my withdrawal secret and use other friends or family name when withdrawing bitcoin into fiat to keep my self safe on like these attacks.

I think the best thing to do here if you are planning to withdraw big amount of bitcoin into fiat you should directly transfer it into bank because if you carry a big amount while going home you are in danger and maybe someone will find that bag you carrying is full of money.

Artemis3

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Quote from: vermigerous on May 06, 2019, 03:34:58 AM

I want you to be careful, If you holding a big amount of bitcoin you need to be careful learn from this tragedy so will not become a victim later on.

Known Physical Bitcoin Attacks

This is one more reason to exert caution and make sure people can't associate a certain Bitcoin address with you.
Originally people were supposed to use an address only once. This is why many wallets will produce a new address once any coins are sent to it.
Stay low i think the the smartest move, don't go buying Lambos and mansions even if you are rich now, just don't let anyone know.

Else you are going to have to burn your fortune in security...

o_e_l_e_o

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Quote from: sopanbmp on May 07, 2019, 11:28:25 AM

It realy hard to keep silent and private in the internet. those robber must have conection with the victims in real life or internet like Facebook, twiiter, etc.

It's really not that difficult, it's just that people are far too willing to give away all their personal details. Sharing every intimate detail of their life on Facebook, regular updates as to where they are and what they are doing on Twitter, multiple photos a day on Instagram, etc. Combine that kind of behavior which gives away your real identity with talking constantly about crypto, and you make yourself an easy target. If you want to have more privacy, the first step is to stop constantly and voluntarily violating your own privacy.

Wildwest

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Quote from: pushups44 on May 06, 2019, 04:25:22 AM

Quote from: samputin on May 06, 2019, 04:07:36 AM

I really don't understand why there are people who can do things like that. It's just, where's their humanity? Technology wise, they seem to know very much about crypto. Why they can't just use their intelligence on worthwhile things without having to degrade and hurt people knowing that others worked hard for it? *sigh*

Seems like money, really, is the root of all evil. We should always be on guard on every circumstances that we may encounter. And I hope that those people will soon realize that their actions are unjust. Hope they still have even the slightest conscience.

A lot of these robberies are actually committed by boneheads who are trying to steal cash during a face-to-face transaction. Hence, their stupidity will reach unbelievable depths in some cases. So, one lesson to learn from this is to avoid doing major transactions in places where you can be vulnerable - and yes, a weapon can be handy.

Bitcoin is a decentralized currency and cannot be traced by anyone, so when you do a transaction it is better to remain anonymous so as not to cause crime against you.
Now people have gone crazy because of bitcoin, all of them can become criminals in an instant for the sake of money.

Beerwizzard

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This kind of articles only tells us that if we are getting some wealth we shouldn't live in a shithole country (or even part of the city) and should pay more attention to his own private security. In other cases there is nothing new in treating someone in order to get his money. I can walk around my neighbourhood, find the most wealthiest house, which owners would probably have well-paid jobs. So if someone needs to pick a wealthy victim he can start from well known rich people instead of searching for someone with a BTC wallet.

sopanbmp

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It realy hard to keep silent and private in the internet. those robber must have conection with the victims in real life or internet like Facebook, twiiter, etc. if I was the victim I would do the same thing, better to give what the robber want instead try to fight them and losing our lives. most of that crime must be in developed country, I live in small country and the people who knowing Cryptocurrencies only a few. So the percentage of the Phisical Bitcoin attacks is 0,001%. But keep in the mind the crimes are always around us , I believed praying to the God it will protect us from that crime.

dothebeats

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That is why one must be discreet in order to not get eyed on and later robbed when the moment is opportune. Keeping a low profile and not shouting to everyone that you have a huge bitcoin/crypto holding is possibly the only way to not get robbed physically. A great internet habit such as not visiting malicious and questionable sites is also recommended too. If bitcoin can be taken from us virtually, how sure are we that we won't get held for it at gunpoint?

Stay discreet, stay low and stay safe.

traderethereum

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Quote from: vermigerous on May 06, 2019, 03:34:58 AM

I want you to be careful, If you holding a big amount of bitcoin you need to be careful learn from this tragedy so will not become a victim later on.

Known Physical Bitcoin Attacks

https://github.com/jlopp/physical-bitcoin-attacks/blob/master/README.md

You can send your bitcoin to me, and I will make sure that it will be safe from anything Grin

We need to protect the bitcoin we have from any attacks that might happen, and that is why saving bitcoin on the other wallet which we can control will be important because we can manage the amount of bitcoin and we don't have to worry about anything.
I am sure that people who have a large amount of bitcoin already aware of the attacker and I am sure that they already secure their bitcoin from the possibilities to get hacked.

xvids

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Quote from: vermigerous on May 06, 2019, 03:34:58 AM

I want you to be careful, If you holding a big amount of bitcoin you need to be careful learn from this tragedy so will not become a victim later on.

Known Physical Bitcoin Attacks

https://github.com/jlopp/physical-bitcoin-attacks/blob/master/README.md

The only thing that you need to know is to keep it to yourself don't brag about your crypto.
It is hard to track you if you won't brag about it and it is like asking them to do it to you.
People wouldn't know about how much crypto or if you are into crypto if you wouldn't tell them or post it on social media.

Genemind

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Money is known to be the root of all evil and it destroys humanity. It's just painful to know that people could really destroy lives just to get what they want.
This must also serve as a warning for huge holders.
Better be lowkey and keep your identities in private.
Exposing your identity might attract attackers so you guys should be observant and careful all the time.

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