Man loses $22,000 in cryptocurrency scam

[emberbekas]

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.

[mobnepal]

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.

[stompix]

However, when he was having problems buying a certain type of Cryptocurrency he called customer support. Or so he thought. “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,” said Dejrit.

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.

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

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.

[EllaPonchik]

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.

[marky89]

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

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.

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.

[Marma Kalari]

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.

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.

[Slow death]

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

 

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?

[Decoded]

$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?

[Yaunfitda]

$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.

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.

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.

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.

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.

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.

[nguyenkhanhhung14]

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

[pitiflin]

$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?

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.

[doonik]

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.

[Cobalt9317]

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.

[Tszunami98]

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.

[hakimovic]

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.

[SamReomo]

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.

[elie_s]

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

[lyoth]

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

[darkangel11]

Incredibly sad.

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.

[bitcad4u]

Incredibly sad.

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.