Mt. Gox is the most prominent one: https://en.wikipedia.org/wiki/Mt._Gox
The most effective thing you can do to protect your self is to move your cryptoassets into a cold or hardware wallet.
Topic: Known Physical Bitcoin Attacks - page 2. (Read 508 times)
Plausible deniability is the only real defence against the $5 wrench attack.
Both Trezor and Ledger will allow you to create secondary hidden wallets by the use of additional passphrases. You can find instructions on doing so here:
Trezor: https://wiki.trezor.io/Passphrase
Ledger: https://support.ledger.com/hc/en-us/articles/115005214529
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.
Both Trezor and Ledger will allow you to create secondary hidden wallets by the use of additional passphrases. You can find instructions on doing so here:
Trezor: https://wiki.trezor.io/Passphrase
Ledger: https://support.ledger.com/hc/en-us/articles/115005214529
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.
Why aren't people going after public figures like Mcafee, Ver, Vitalik?
I believe a lot of these robberies are staged so people can write it off on their taxes.
I believe a lot of these robberies are staged so people can write it off on their taxes.
The key is to always be vigilant (whether it is crypto related or not).
The key is to also know when to shut up and not let the everyone know that you're holding a significant amount of BTC. There were several users on r/bitcoin over the past few weeks (and more over the last few months) proudly saying that they finally joined the "21 million club" (those who own 1 BTC)...You can't just go around telling people (online and in real life) that you're holding 1 or more BTC, you're bound to become the target of robbers. 
OMG!
There are so many of them. These are those that have been reported. Just imagine how many unreported incident have occurred.
It is always good to remain anonymous and silent, but still in case you have been discovered then you need to re-think about your own security.
Stay away from Social Media, avoid talking about crypto in public, Secure and safeguard your wallet are some of the steps that can be taken by you now.
There are so many of them. These are those that have been reported. Just imagine how many unreported incident have occurred.
It is always good to remain anonymous and silent, but still in case you have been discovered then you need to re-think about your own security.
Stay away from Social Media, avoid talking about crypto in public, Secure and safeguard your wallet are some of the steps that can be taken by you now.
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.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.
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 see no differences with this issue. As long as involves money then there will surely be an attacks that are going to happened.
You know good thing about bitcoin tho? No one knows that you own a lot of it. Unlike banks in which your name is pretty obvious.
The key is to always be vigilant (whether it is crypto related or not).
You know good thing about bitcoin tho? No one knows that you own a lot of it. Unlike banks in which your name is pretty obvious.
The key is to always be vigilant (whether it is crypto related or not).
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.
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.
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.
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.
It's nice to see that in the U.S. one robber was shot during an attempted robbery involving bitcoin and subsequently arrested. I said before that guns are great for self-defense, and people have reacted with skepticism. Here is the proof:
https://www.miamiherald.com/news/local/crime/article208997064.html
https://www.miamiherald.com/news/local/crime/article208997064.html
It's alarming to see that others would even go that far just to get easy money. As long as money is involved, your security will always be at risk. That is why it is best to be anonymous and be silent if you are a crypto bag holder. Most people I know in our country have their pseudo names and pseudo profiles on social media to protect their identity.
The reason why such attack happens is when, someone knows, or you publicly/ or even online announce that you are involved, holding, earning a lot on crypto. Always protect your identity.
The reason why such attack happens is when, someone knows, or you publicly/ or even online announce that you are involved, holding, earning a lot on crypto. Always protect your identity.
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
Known Physical Bitcoin Attacks
https://github.com/jlopp/physical-bitcoin-attacks/blob/master/README.md
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