Topic: solved - page 3. (Read 13563 times)

not my business but seems like minerjones were always right.
not your private key not your coin.
if that guy drbitcoinve managed to take money from op and also sweep his coin with some old infos, that would be some new 200iq scam...
i don't know who is right and who is not, its not my business also, but if coin being resold as op is claiming, isnt the right thing for the one who help from your website coin to be used to require valid up-to-date proofs.
it doesn't matter who can verify itself with his id, that's not even allowed and i am not sure do you have legal rights to request id's but, isn't that coin is verified by 2fa and few other details?
i don't know that's why i am asking, don't get me wrong.
because if the very first original owner of coin re-sell it and then try to scam it out using old infos for that, then that's huge security whole in your system and allow original coin owners to scam any buyer.

To Clarify this thread for everyone reading and give a bit of the back story, Pichotklasa is attempting a fishing scam and trying to claim ownership of a coin that he does not have possession of.

As a refresher, Titan Bitcoins were originally offered in 2 flavors:

1. Private key - in which the BTC private key was included underneath the hologram

2. 2-Factor-Authenticated - in which user's registered ownership on Titan's website and an additional ownership is required before redemption of the coin's BTC value

The coin in question was a 2FA coin.  We discontinued offering 2FA coins after a year or two, partly because it created an incentive for scammers like Pichotklasa to try to impersonate actual coin owners.

In this case, Pichotklasa went so far as to setup a fake telegram account to chat with the coin owner and attempt to mislead the coin owner, as well as emailing the owner directly and impersonating myself and fabricating additional Titan Mint employees.

Ultimately I was able to communicate with the actual owner and verify both their identity and that they currently owned the coin in question, and the value was redeemed as intended.  

We have humans in the loop for redeeming these 2FA coins and we are careful to ensure that BTC is never transferred to malicious bad actors like Pichotklasa.  Email is best for resolving any security questions.  [email protected].

You bought the coin knowing that the redeem code sealed by the hologram was not intact?

So you bought a peeled coin and tried to redeem it?

I'm trying to understand this situation, but it's not too easy.


Why did the previous owner peel the coin and then sell it as unredeemed?

Did you peel the coin yourself? Peeled the coin to access the unique redeem key under the hologram?

Did you peel the coin? Are you sure it's the same coin as drbitcoinve said he peeled?

Edits:
Now reading TitanBTC sales thread again...
Is there a private key on the physical coin at all?


This sounds like there's nothing "real" attached to the physical coin when choosing the "2-factor Authenticated" option. Doesn't sound like 2fa to me if there's only a single factor... And the "redeem code" doesn't really make it 2fa, but just 1fa.

solved