Known Physical Bitcoin Attacks

[vermigerous]

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

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[Ailmand]

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.

[pushups44]

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

[samputin]

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.

[pushups44]

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.

[darklus123]

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).

[Haunebu]

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.

[pakhitheboss]

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.

[tomahawk9]

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.

[Indamuck]

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.

[o_e_l_e_o]

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.

[smartbitcoininvestor]

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.

[Genemind]

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.

[xvids]

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.

[traderethereum]

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
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.

[dothebeats]

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.

[sopanbmp]

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.

[Beerwizzard]

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.

[Wildwest]

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.

[o_e_l_e_o]

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.