Bitcoin Forum

https://cryptodaily.co.uk/2017/12/man-loses-22000-cryptocurrency-scam/

Just a reminder to be safe and not give people your passwords etc. Dont trust anyone, use exchanges and well known brokers ( even though they have high fees it is safe ). This is how you dont get burned.

Incredibly sad. I can't say he didn't have it coming though. I mean, sure, all the blame lies on the scammer, but you should still never put yourself in such a situation. It baffles me to this day that some people are comfortable with dropping thousands of dollars into something without investing the time to gather knowledge about how to take care of it. Two minutes on Google. That's probably how long it would have taken him to search for tips on cybersecurity, and he would be $22000 richer today. It's also the perfect example of why you should never put all your eggs in one basket.

So once again we see a demerit of decentralization. Man loses such a huge sum and all he could do is regret because no law in the world caters problems related to crypto currency scam even if they cater there is absolutely no chance that they would be able to effectively trace any such persons.

People still do not learn from mistakes of others. Is it hard to understand and remember all the rules of security, huh?

Honestly how we know this guy is not scamming with gofund me?  He looks like the type to use a sad story to make people donate to him.  
I hope he does not get a free ride.  Also anyone can pay someone to write some news worthy story to point to there donation page.  I am very skeptical about this story.  I would be wary in making and donations, we hear a lot of these stories everyday.  I even got scammed but never asked for free handouts.  Also reason why I said this is because look at the OP post history he posts all the time to this news site.

it is one of the many cases of loss of many cases that occur. The average cause is a hacked private key, so we must be careful and careful to backup our private key. My advice, keep private-key in the offline network, because it minimizes the incident hack, because most hackers hack through the Internet network.

Sometimes people are so hardheaded that's why they will be scammed.  There are already many information provided here that beware of scam and even tips for identifying a scam website,  but still they just continue doing it. It is not bitcoin's fault that they lose the money. We all know that we must be the one responsible of our own account and our money.  Just like with our bank account's number,  we should be careful on trusting our money to someone.  You need to invest only to proven legit and not those newly made sites because most of it are fake.

Actually, this isn't an inherent problem with decentralisation.

Scams happen with bank accounts all the time.  They're extraordinarily common, and the vast majority of scams (at least this nature of scams) are carried out with fiat currency.

Sure, Bitcoin scams may be treated less seriously for now, but that's based on the actions of governments, not the system itself.

That was really one of the saddest cryptocurrency related scam story I have ever heard/read, he's been partially disabled an unable to continue his work and now his savings are all gone just like that. But honestly that's very stupid, He called a fake customer support (so where did he get that fake number of exchange he used lol) and that agent asked him to provide his password and he gave it. People have to learn that they should never trust anyone and give passwords or anything that can access their personal computer, accounts, wallets especially to those people they didn't don't know. This is what will happen to those people that didn't do their assignments before investing in cryptocurrency.

invest wisely sorry fro his loss.

Scam ICO and  cryptocurrency abused to this great blcokchain

That's not really the fault of the cryptocurrency or any exchange, that's the fault of him. He didn't do enough research and gave away passwords to a random stranger. Fake support line? Sorry, I hate hearing stories like that but it's not right to blame crypto

Yes one of the best way is to keep your private key offline and make sure that your computer is free of virus, hackers will do everything to attack
your system so make sure that you have every precautions to avoid them and became a victim.

I can not talk much about it, but I'm sure everything will be good after that, experience is the best teacher so do not make the same mistake, whoever he lost the money I hope will come a bigger replacement that got

In crypto you need to be extra-careful. Never trust e-mails (verify them first, lot of phishing attempts). Slackbot messages and impersonators in Slack are always there. NEVER share your private keys with anyone. I think most of the scams are because a lot of people are newbies that do not read and want to make a quick buck investing in anything.

We know that wherever there is money,there would be scammers.Bitcoin is a form of digital currency which has nowadays attained the position of digital asset and due to its high increasing price,it has attracted the attention of every one especially the scammers.

Bitcoin being a digital currency which works in internet makes it easy for scammers to hack the money without having any physical contact with the victims.This rate would even grow higher in future as bitcoin is a new invention and it would take time for people to know how to safely use it.

Oh that's just sad but this part is a mistake for the said individual. Everyone of us is responsible for our own actions, having said that we are the ones that need to protect our hard earned money. There are a lot of measures that can be done in order to protect it. but for this guy i don't know he just gave all the access. Remotely and his password as well. It is pitiful yes, but we should have learned from the mistakes of others.

Everyone is responsible for their own actions in a decentralised system. I'm sorry for his loss. I hope everyone learnt a valuable lesson from his experience. Be careful everyone.

It's all his fault though and he can't do anything about retrieving it back, who is in the right mind that a valuable account's password will just be given to someone, even though it is a customer support of his trusted crypto exchange because at the first place there is no need for any website to get your password in just helping you to buy a specific cryptocurrency. It is ovbiously a scam and the owner acts so carelessly with this matter so this will serve a solid lesson for him.

My thoughts exactly. People are used to being part of the system which pamper and guide them.
They are used to payment reversals, PayPal disputes and bank chargebacks so much that they no longer can think on their own.
"After all when something will go wrong, then I will just open up a PayPal dispute and receive my money back" - this is normal nowadays.
With irreversible payment methods like cryptocurrency we need to learn how to think - this might be a hard task for people I am afraid.

Giving access to our personal computer to others, no matter how trustworthy he is, should be avoided. A person can change his mind whenever there's a chance. Not all crimes are planned.

No any web wallets, exchanges and SPV wallets can be considered as safe wallets to store large stack of bitcoin or other cryptocoins. Your computer or mobile can get infected even if you will have active antivirus installed and similarly exchanges where you have stored your coins can get hacked overnight and you will loss all.

Hardware wallet is the safest and if you have coins there than I don't think there is anyway hacker can access them remotely unless it is not tempered before being delivered to you.

So you gave a stranger access to your computer and by the word "password" probably the password to the wallet.
Since we assume he was having trouble buying "a certain" type I am thinking an ICO scam or some really shady coin traded on it's own exchange.

But, this looks a bit far fetched and knowing the source of the articles which is usually 99% clickbait I assume we have less than 2% chances of the story being real.


This stuff about the "fake support line" got me thinking this is a made up story.
And the fact that the only other place where the story is share (by the same author)  is steemit where a lot of lies are told for money.

Well, for starters, you probably should not trust everyone. It's worth to protect yourself. And if you mean trading on the exchange, then of course no one is immune.

That's a pessimistic view of things. Using bitcoin and cryptocurrencies is very empowering because no centralized entity (like your bank or Paypal) can freeze your funds, delay transfers, etc.

The downside of that is that you are 100% responsible for your money. You need to be wary of social engineering attempts to get your exchange credentials and private keys. Be careful of phishing sites and don't trust any links that enter your email. As a general rule, if I can't store a coin on a hardware wallet (like the Ledger Nano S), I am ultra careful to check the source, discuss the software with people I trust, and to compartmentalize less trusted software from my primary PC and wallets.

Also, don't be so sure that people can't be effectively traced. Many people involved in the darknet markets have been jailed at this point due to blockchain analysis.

You should not trust anyone when it comes to money,he just made the dumbest decision of his life to give a remote access to someone with all of his coins saved in his computer,it is like giving the locker key to someone and trusting he wont steal anything,i am sure he knows which company he asked for help and who stole his money,it can be tracked to the individual who stole the money with minimal effort.

 :o

Is a very sad story, but something caught my attention, he said: "I said this is not right," said Dejrit. This is all he did, he did not try to exploit other options to find these scammers, even someone who is not smart like me, eventually knows that scammers will have to exchange those coins to fiat to be able to spend in real life, even if that scammers are super intelligent, some mistake he will commit and report these cases to the police can be of great help. The police will evolve to find these scammers. But if people do not report these cases, how do they expect the police to do their job?

$22000? That's not much over 1 BTC. People have been scammed much more than that. I, for one have been.

Why is this such a big deal?

I think the story was highlighted because the man who have lost $22K was partially disabled. And he invested his life savings to cryptocurrency.


He thought that the was really talking to the customer support. And by my reckoning "trusted" the person on the other side. That's why he let his guard down by giving away his password. And then if was already too late. Money is gone and so is this man's life savings.


In my view, he truly thought the number he called is the customer support. There's also another thread that I read before  similar to this. But what's strange is that he search for the number of the trading platform on the web and got the so-called "support" number, however, its the scammers weird though. We can't really emphasize how to protect our accounts, one mistakes and all our investments vanished in thin air. NO one is immune.

He's not the only one whom lost their money by this way.:)). For now it's really difficult for hacker or scammer to be able to cheat people by this way cause they did it too much before. But there are some people still don't know about it and too believe in other people so they lost their money and people whom lost their money by this way at the moment often are newbie, whom just joined cryptocurrency world for few months or weeks. This is a good warning for other people, don't allow anybody access to your computer and remember to set up the 2fa for you wallet so they can't steal your cryptocurrecy although they could access to your computer :D

Here's the big deal, for some people who live in countries which haven't been developed yet or like have not the best facilities, for them, 22000$ may sound quite a lot. Like for example, 22000$ is equivalent to 14 lakh INR( Indian currency, Idk why they use lakhs but apparently they have a different math system ) and 145,000 CNY. It makes a difference there and quite a few people are dependent on bitcoin.

This is a mistake that every new user is doing these days . Just be clear about it that no one will give you benefits for nothing . Sharing your private is the last time you will ever access your wallet as all the scammers seeks for such opportunties . The incident was very unfortunate but i hope many of us got a lesson from it . Don't go for eye popping offers that might lead to the loss of your assests.

A story that everyone needs to know, I deem the scammers of this man doesn't know the situation of the person he had scammed.
It is like giving your pin to your credit card in which someone could get access to your funds and withdraw your daily limit.

P.S Never ever give to anyone your code.

People in the cryptoworld to thru a hype, often felling like a drug. i saw countelss times when people just throw their money on ICO without very much information. They also take part in numerous scams...bitonnect being the biggest. When that little baby pops i think we will see much more impressive stories of people losing their money.

That is so true .It seems like they don't really know the value of money once it becomes digital, they start throwing in every site or project that is flashy and has a hype around it ,as if they are clicking on ads on random websites and spending thousands of dollars not knowing what they are really buying.

I am very sorry for that guy because his story is very sad and what happened to him wasn't right. But, in other way it made me alert of such kind of people who can scam the people who aren't technically good. If the person who got scammed had any knowledge about security and passwords he should've not faced any losses.
People should be aware in the crypto-world about all the scammers because in this world there are thousands of fraud people who can steal their coins. Because of his loss many of us should be aware of such kind of possibilities and we should better make all preventive measures of such kind of issues.
The scammer should have not done this to a disabled guy but there aren't any emotions in those people because they are t greedy.

Note: Never ever trust anyone in the world of crypto than your own self.

Keep ur password safe there is no other way to get robbed unless some1 stole ur password

People have lost much more than that, we just dont hear many stories of failures.. people need to worry about security more!

Not really. He sounds like a retard.
“He needed access to my computer, so I gave him access to my computer and it was a big mistake. I gave him the password,”

Oh, come on, I'd expect this from a 10 year old, but not from a grown man. This is the type of stupidity IRS scammers and fake Indian support companies have been exploiting for years.

You should aware of scammers in this crypto world.You should not believe any one blindly and give the password for trust.You are a grow man buddy you should not do like a kid to give password to others.It's your hard earned money buddy so you should beaware to invest and avoid to lose to scammers.

Thats aint good to happen with anybody in the crypto land. To be honest sometimes I think it is our own mistake and more or less under care which brings us in the position of bringing into situation like this. The crypto and cyber attack has now increased widely and we can't imagine how bad this could go in long term if we kept doing mistakes like this.

I wold always recommend myself to protect my private keys and key stone files with another password management system and thus giving it more security than anything else. Never ever should store the private keys openly and never should it be shared with anyone. Thats bad really.

this guy have been hack my friend account. this account have my friend

i am wonder be carrefull , sorry post out off topic

Are we supposed to feel sorry for this guy? Who gives someone else the access to his personal computer? I am having a laptop with me, and till now I haven't given access to anyone (including my spouse). If you behave in such a stupid manner, then you don't deserve any of those returns from the Bitcoin rally. Perhaps fiat cash suits you better.

i think this guy different country
maybe my friend is careless, account security is weak

This is a reminder to be careful with our account to keep in mind that only a handful of person you should trust also to always preserved your back in a much safer place as possible. This is also to notify us that is not wrong to carefully secure our account because after all it is our money we are talking about here.

Wow, this is sick. People will get more clever and will try harder to steal our cryptomoney so everyone should be more careful every day

Well that's so sad. Even if everything is "decentralized" doesn't mean it is safe. It is hard to tell which one is legit and scam. This is another lesson for us to be very careful investing our money in cryptocurrency so invest money that you afford to lose only. Dig everything and do your own research before spending out your money then you may expect it to be big