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Author Topic: paper wallet was stolen  (Read 1194 times)
Stedsm
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July 19, 2019, 10:19:39 PM
 #21

well, the wallet is still untouched. Just a single transaction. Why do they not withdrawed it so far?Maybe thief has died?lol

If the wallet is still untouched and the coins are there without being moved, you may had the chance to get back your coins if you'd have stored your privkey somewhere else as a backup instead of just relying on that paper thing.

Maybe you forgot where did you leave your wallet? Why not have a brief checklist to check it almost everywhere on that list before you declare it as "stolen"? Stories of paper generation issues are also being screamed out nowadays that BTC is gaining traction, the only thing I'd advise is to generate a paper wallet offline (cut any connections to the internet while generating it/them) even on the most trusted sites, so at least you'd be safe just in case the website goes the wrong way! Just a question:

Why didn't you create a paper wallet by getting a wallet (maybe Electrum, maybe Bitcoin core), using an address out of it, storing your coins there and writing it down directly on a paper? It'd have definitely saved you from the hustle and your 1 BTC too.

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LoyceV
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July 20, 2019, 08:41:04 AM
 #22

well, the wallet is still untouched. Just a single transaction. Why do they not withdrawed it so far?Maybe thief has died?lol
If the wallet is still untouched and the coins are there without being moved, you may had the chance to get back your coins if you'd have stored your privkey somewhere else as a backup instead of just relying on that paper thing.
OP still has his paper wallet, it's just empty. The coins are unspent in the thiefs wallet.

dende93
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July 20, 2019, 08:46:12 AM
 #23

Perhaps it would be useful to set a time lock to prevent someone from spending your coins before you want. Could the attacker come to know it and get around this obstacle?
If he has the private key, he can simply sign another transaction without locktime and broadcast that one instead.. ?

I don't know of any wallets that lock "adresses" or private keys rather, from spending funds, as that's just not possible, AFAIK.
(Since the attacker could simply export the private key into his own wallet & broadcast.)



What I thought was a way to freeze a specific tx, not the private key, in the OP's case blocking the 1 btc transaction he made from being spent.
I don't know if it's possible or if it ever will be, I'm willing to learn.

“War is Mass Murder, Conscription is Slavery, Taxation is Robbery.” Murray N. Rothbard
Rath_
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July 20, 2019, 10:15:54 AM
Last edit: July 20, 2019, 10:38:59 AM by BitCryptex
Merited by vapourminer (1), LoyceV (1), Lucius (1), AdolfinWolf (1)
 #24

If he has the private key, he can simply sign another transaction without locktime and broadcast that one instead.. ?
What I thought was a way to freeze a specific tx, not the private key, in the OP's case blocking the 1 btc transaction he made from being spent.

It is possible to create a time-locked address from which no one will be able to spend before a specific date or block height is reached. It looks like only Coinb.in supports this feature. Take a look at this guide or read TryNinja's TL;DR.
AdolfinWolf
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July 20, 2019, 04:12:09 PM
Last edit: July 20, 2019, 04:22:53 PM by AdolfinWolf
 #25

If he has the private key, he can simply sign another transaction without locktime and broadcast that one instead.. ?
What I thought was a way to freeze a specific tx, not the private key, in the OP's case blocking the 1 btc transaction he made from being spent.

It is possible to create a time-locked address from which no one will be able to spend before a specific date or block height is reached. It looks like only Coinb.in supports this feature. Take a look at this guide or read TryNinja's TL;DR.
Really interesting, but still a rather "useless" security protocol if your private key has already been compromised. The thief could wait the blocktime out, and you wouldn't even know you were compromised until he broadcasts the redeemscript.

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July 20, 2019, 06:28:10 PM
 #26

Really interesting, but still a rather "useless" security protocol if your private key has already been compromised. The thief could wait the blocktime out, and you wouldn't even know you were compromised until he broadcasts the redeemscript.

It's still a good security enhancement if you realise that your wallet is compromised. It gives the victim some time to react. There is no other effective method of defense if the key is compromised. The only thing that comes to my mind is a multisig setup but that's more complex and needs to be prepared properly before the attack.
jorro-ts (OP)
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December 22, 2019, 10:33:31 AM
 #27

still no transaction occurs from the stolen adress wallet...
Lucius
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December 22, 2019, 01:59:13 PM
 #28

jorro-ts, it is possible that whoever came into possession of your coins does not know how to cash them safely, or it is someone who has a large amount of coins and is simply waiting for the price to go up. In most cases, things like this don't happen, so it's a little weird that the coins haven't moved yet.

If you haven't already, report that address to all most popular crypto exchanges, so if hacker is not smart and send directly to some exchange, you have at least some chance of getting back your coins. The problem will certainly be to prove that the coins were stolen, signing the message from hacked address doesn't make any sense because the private key is compromised.

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AppliedOptimal
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December 23, 2019, 06:45:31 AM
 #29

@OP I can teach you how to properly secure your funds. We can do it here or if you'd like you can PM me.

Paper wallets can be the absolute best option for long term storage if you do it right. Hardware wallets, however, constantly have vulnerabilities found out. Don't believe me. Go ahead and Google "hardware wallet vulnerability". You'll notice that the vulnerabilities have come out over many years and fresh ones have just been found out. They're obviously not properly tested, other than of course the general public buying them and reporting vulnerabilities.

Don't blindly trust third parties (hardware wallet manufacturers) because of this mishap. Learn from it, change your method accordingly and sleep easy knowing you'll never have to worry about your funds being stolen again.

I think the problem stems from the bad site the paper wallet was generated on. So, as long as the site is trustworthy or the person just uses the original GitHub code, it should be safe.
I agree with Chris that trusting a third party is risky. Let's say something happened to your hardware wallet, you lost it, dropped it in the Ocean, crushed it with your car, use your imagination. You buy another one and use the same pin? Well, if the hardware wallet company went out of business, you are screwed.
Trusting a third party is against the very soul of decentralization, I don't understand why people keep pushing hardware wallets.
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December 25, 2019, 09:17:04 AM
 #30

Perhaps it would be useful to set a time lock to prevent someone from spending your coins before you want. Could the attacker come to know it and get around this obstacle?
If he has the private key, he can simply sign another transaction without locktime and broadcast that one instead.. ?

I don't know of any wallets that lock "adresses" or private keys rather, from spending funds, as that's just not possible, AFAIK.
(Since the attacker could simply export the private key into his own wallet & broadcast.)



What I thought was a way to freeze a specific tx, not the private key, in the OP's case blocking the 1 btc transaction he made from being spent.
I don't know if it's possible or if it ever will be, I'm willing to learn.

If this could ever be done then the Bitcoin project would be over, Censorship resistance is one of Bitcoins main qualities if not the main one.
jorro-ts (OP)
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December 19, 2020, 05:44:16 PM
 #31

btc is 24000 and my precious siongle one is still untouched
crying
Chlotide
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December 19, 2020, 08:33:03 PM
Merited by vapourminer (1)
 #32

btc is 24000 and my precious siongle one is still untouched
crying
Which address is yours after all?
1CtmmUkxEbQ8nsa2XFSKy7bo5XmBxYFP5n or 16D87eBeWvMAghsDaJYAo8QKo3GfFpsTe2

Btw, seems that website was a bad pick.
https://www.coindesk.com/researcher-discovers-serious-vulnerability-in-paper-crypto-wallet-website
Surprised funds still there
nc50lc
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December 20, 2020, 04:09:03 AM
 #33

btc is 24000 and my precious siongle one is still untouched
crying
Which address is yours after all?
1CtmmUkxEbQ8nsa2XFSKy7bo5XmBxYFP5n or 16D87eBeWvMAghsDaJYAo8QKo3GfFpsTe2
If you've read the entire thread, it's 1CtmmUkxEbQ8nsa2XFSKy7bo5XmBxYFP5n
and he's wondering why the owner of 16D87eBeWvMAghsDaJYAo8QKo3GfFpsTe2 never spent it even though BTC reached $24,000 price.

@Chlotide No one can tell what's happening unless that address is written somewhere on an online account or user, because it's only used to receive once.

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jorro-ts (OP)
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April 17, 2022, 03:12:37 PM
 #34

Here after 2 years, and still no activity on frauds adress Cry
nc50lc
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April 18, 2022, 03:09:02 AM
 #35

Here after 2 years, and still no activity on frauds adress :'(
Looks like the culprit is a dedicated (stolen) BTC hodler, probably waiting for bitcoin to reach the moon.

Jokes aside, have you ever tried to "sweep" it to another wallet?
Because that's one way that it could be sent to another address which belongs to the wallet where you perform sweep.

BTW, Bitcoin is non-custodial and decentralized - your funds is in your control and there's no central authority that manages bitcoins.
So, even the developers can't refund your bitcoins.

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larry_vw_1955
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April 18, 2022, 03:43:56 AM
 #36



so in december 2018, he transfers 1 btc to a paper wallet. then 6 months later, it is transferred out to another address.

you have to be careful about how you create bitcoin addresses especially if it involves sums as large as 1 btc.  Shocked
you also have to be careful about how you store your private key. either of those could be the reason he list his bitcoin.

the person that stole it might not need the money and maybe have put it on the backburner for a while. not unheard of.
jorro-ts (OP)
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April 18, 2022, 02:07:42 PM
 #37

Here after 2 years, and still no activity on frauds adress Cry
Looks like the culprit is a dedicated (stolen) BTC hodler, probably waiting for bitcoin to reach the moon.

Jokes aside, have you ever tried to "sweep" it to another wallet?
Because that's one way that it could be sent to another address which belongs to the wallet where you perform sweep.

BTW, Bitcoin is non-custodial and decentralized - your funds is in your control and there's no central authority that manages bitcoins.
So, even the developers can't refund your bitcoins.

i havent touched it since i made a transfer to the adress.
but jokes aside, what if you sweep it?
nc50lc
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April 19, 2022, 04:20:29 AM
 #38

-snip- what if you sweep it?
Others call it "import" but instead of import, "sweep" will automatically send the funds to one of the wallet's address.

Or the other way to read it?:
BTW, Bitcoin is non-custodial and decentralized - your funds is in your control and there's no central authority that manages bitcoins.
So, even the developers can't refund your bitcoins.
i havent touched it since i made a transfer to the adress.
but jokes aside, what if you sweep it?
Everyone who told you that it's not recoverable is a suspect, eh? :-X
With that reply, I think you get that I'm considering a possibility that the actual issue is: you might have sent it accidentally to an unrecoverable address and looking for some sort of Bitcoin "authority" to refund it.
If not, then the second and third posts are still the best answers.

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hZti:new
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April 21, 2022, 12:52:40 PM
 #39

In my opinion it is impossible that somebody stole your BTC if you generate an address offline and then reset the computer before going online again. Or am I missing here something?
The only option I could think of is a fake software that gives you a preset public/private key that the scammer already knows before. But that also doesn't seem likely since there are no reports of more of these incidents on this website.

So maybe you accidentally swept the wallet while try to check for the balance?

jorro-ts (OP)
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December 01, 2023, 11:20:20 AM
 #40

hEEEEEEY Everyone! is this forum is still alive actually? i just came back to say that  my single bitcoin is still on that  transferred adress. No one touched it since 2019 and i have a feeling it is lost for humanity
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