I think the problem is not that scam transactions can't be traced (because they can be) but the thing is that once a person is scammed there is little help available because the transaction can't be reversed unlike with PayPal or any traditional means of doing it. However, even if Bitcoin can be revered, still scammers are known to be innovative, creative and very intelligent they can easily devise ways and means for the benefit of their "craft and business" making scamming one of the most known ways of making money online.
It’s not a matter of tracking down a scammer or not. Even if they are tracked, even if they are found, this will be only a separate episode. This is not a solution to the problem.
The fraud system itself will not disappear with the capture of any number of these characters. The system itself, contributing to the spread of bitcoin theft, is based on the fact that you "have a safe key" in which the money is.
The key is your concern and your fraud problems.
For this reason, an alternative to key technologies is proposed - keyless technologies. But, so far, few people perceive it, everyone is waiting for the "thunder to strike." Who is creative, see here:
https://bitcointalk.org/index.php?topic=5204368.0You hide the key. This works well when you do not need to use bitcoin.
Then, when you use bitcoin, you send the key hash - to some server. The fraudster does not need your key in its original form. He needs this particular key hash. Because the server does not know your key, it knows the key hash.
Further, the scammer makes a phishing attack, receives a key hash, and all your money is almost certainly lost.
Yes, a modern phishing attack provides the same encryption between the client and the phishing server as the original server. Therefore, if they managed to attack you, it means that you will exchange encryption keys with a phishing site, so you have established a “secure” communication channel, but with a phishing site, and pass the hash of your key on it.
It's all.
Woo a la.
And what was the point of storing it in a hardware wallet if it was stolen at the time of its use?
Not convincing? Here are the facts from today.
[10:27, 12/08/2019]
According to the annual Security Intelligence Report prepared by Microsoft, the number of phishing attacks in recent years has grown three and a half times.
What happened?
Are there more nonchalant people or are scammers working better?
Try to answer this question.
Customers of banks, payment systems and telecom operators are increasingly becoming victims of phishers. Internet fraudsters gain access to confidential user data (logins, passwords and plastic cards), directing potential victims to fake sites and services.
Check here:
https://www.microsoft.com/securityinsights/Obviously, if you have a key "from the safe where the money is", they will always hunt for this key.
This is a phenomenon. And you need to fight with the phenomenon, not with the fraudster. 2 new ones will always come to the local 1 caught fraudster.
Hardware wallets are also subject to hacking, unfortunately.
Everyone knows this information:
Cyber-experts from Wallet.fail discovered a number of vulnerabilities in the Trezor and Ledger hardware cryptocurrency wallets. As a result, they managed to carry out a series of successful wallet attacks during the Chaos Communication Congress in Leipzig.
Experts said that vulnerabilities lie in software and hardware, firmware, software architecture and web interface.
During the demo attacks, the Wallet.fail team managed to extract the PIN and mnemonic core from RAM Trezor, remotely sign the transaction and crack the Ledger Nano S bootloader, and intercept the Ledger Blue PIN.
Really, you need to close your eyes to these facts, and continue to convince yourself of the absolute safety of "wallets" and key obsolete technologies?
