Robbery that attacks Bitcoin Holders

[macson]

February 27, BLiTZ: News On the island of Bali in Indonesia, Russian investment blogger Yuri Boytsov was beaten and robbed. According to the tg-channel Baza, unknown persons forced him to transfer bitcoins in the amount of $284,000 to their accounts. According to him, the attackers are an Indonesian in the form of a policeman, a man in a Balaklava, as well as two “two men of Caucasian appearance.”

According to the blogger, the attackers broke into his villa and began to demand money for the fact that he “dumped” someone. Fighters did not want to give away their funds. And then the unknown hit him on the head several times. So they managed to force the Russian to unlock the smartphone and transfer the passwords. Some transfers had to be verified.

His girlfriend, who was with Boytsov, said that the service did not miss a transfer for such a large amount. To fulfill their plan, the kidnappers photographed a Russian citizen with a passport and sent the photo to the support service. After that, the hijackers left the villa, and the victims went to the local law enforcement officers to write a statement. The police managed to detain one of the alleged perpetrators – their faces were visible on video from surveillance cameras – but he denies his guilt. According to the detainee, the Russian is a swindler himself.

[1] https://www.weeklyblitz.net/news/in-bali-284000-worth-of-bitcoins-were-stolen-from-a-russian-bloggerin-bali-284000-worth-of-bitcoins-were-stolen-from-a-russian-blogger-news/

i'm sorry for the victim, who seems to be still unable to get his bitcoins, news of robberies like this have caused a stir several times because the thief did not want cash or other valuables from the victim but only targeted the victim's bitcoin. 

there is no detailed explanation of how the thief could find out that the tourist has bitcoins, however, bitcoin ownership cannot tell it to other people because it is very sensitive and can provoke crime.

if you have already told other people the number of your bitcoins, you should make other reasons when people ask you about it again, crime can come from anyone and anywhere, so being suspicious is quite important.

[1714649985]

1714649985

[1714649985]

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[Rikafip]

there is no detailed explanation of how the thief could find out that the tourist has bitcoins

It wasn't a rocket science really as this guy is crypto "entrepeneur" so it was safe to assume that has some crypto. Just another proof how dangerous is to let everyone know that you are into crypto and I am susprised that we are not seeing more $5 dollar wrench attack cases like this.

Then again, he might got what he deserves as he seems like a scammer that got robbed. Karma is a bitch.

Our current hero creates channels and groups where he sells signals for making money on betting, mining, cryptocurrency, offers to buy his courses as ready-made solutions for good earnings, but by contacting Boitsov, people only lose money and nothing more.

Positioning himself as a good financial expert, the young man actively promotes various projects, charges quite expensive for his services and signals, promising a 100% result, but his clients do not get what they want and suffer significant financial losses.

Yury Boytsov cleverly organizes the draining of clients, although through his social networks he beautifully advertises the proposed work schemes, calling them a 100% path to success, but in reality this does not happen.

The scammer, in order to justify his unsuccessful projects, voices non-identical stories of success and development in various interviews, and he is also actively blacklisted and deservedly so. If Yury Boytsov is exposed in relation to the personality, then one can understand that this young swindler sells a dummy as valuable information, earns almost out of the blue, and because of him people go into the red and remain with serious debts.

[Jawhead999]

According to him, the attackers are an Indonesian in the form of a policeman, a man in a Balaklava, as well as two “two men of Caucasian appearance.”

It looks like a fake robbery claiming if they were a policeman.

Since the victim is a crypto blogger which is publicity if he is interested with crypto, it's not surprising if he get robbed. He make money by selling his privacy, so he must accept the risk what have he done.

if you have already told other people the number of your bitcoins, you should make other reasons when people ask you about it again, crime can come from anyone and anywhere, so being suspicious is quite important.

It's not only limited by told other people of Bitcoin you hold, but other thing like: teaching someone about Bitcoin, wear a shirt or anything related with Bitcoin, submitting your KYC to online site, and installing many applications which can spy anything in your device.

[Rikafip]

It looks like a fake robbery claiming if they were a policeman.

Just because someone wears a police uniform doesn't mean that he is policeman, and just because someone is policeman doesn't mean that he won't rob you. Just the other day a big group of scammers was arrested in Croatia that pretended to be police in order to trick elderly that were their main targets.

[mk4]

People frequently get too cocky with their investment sometimes — by unnecessarily flaunting their holdings to other people; or sometimes, even just by simply wearing a bitcoin/crypto-related t-shirt. Personally, I'd rather prefer that no one knows that I'm into crypto at all; just to be extra sure.

https://cryptosec.info/wrench-attack/

[un_rank]

Holding $284,000 in one's smartphone is an incredible decision and one of the reasons he was a victim of the attack.

The best way to prevent a $5 wrench attack is for all your bitcoin activities to be private. If that is not possible, in the case of an investment blogger, then never carry huge amounts around. You can have a decoy wallet which reveals a believable amount of bitcoin and then one with additional security or an added passphrase which holds majority of your funds.

If that was the case here, the attackers would have discovered about $20,000 or $10,000 in his wallet and felt that sufficient to get away with, while over 95% of the Bitcoins are still secure.

- Jay -

[pooya87]

This is not just about bitcoin though, letting the world know you have "money" puts you in danger. Specially if you are carrying it around with you.

You mentioned he was a tourist, if you check the stats of robberies where they take the tourists money in different countries you'll realize this is not a new thing. There are even some cities in Europe (eg. Barcelona, Spain) where the average is a dozen robberies per hour (that's 2018 stats, it is much higher in 2023 due to worse economy situation). As you see these stats are not bitcoin related.

[Synchronice]

It looks like a fake robbery claiming if they were a policeman.

Just because someone wears a police uniform doesn't mean that he is policeman, and just because someone is policeman doesn't mean that he won't rob you. Just the other day a big group of scammers was arrested in Croatia that pretended to be police in order to trick elderly that were their main targets.

Okay, how do I know that person is a policeman or not? If you don't follow their orders, they'll punish you and if you follow, there is a chance that they are actually criminals.
In that case, government should pay for every damage that victim has faced by fake policeman because if the government has the problem where some people can get police uniform, guns, police car and move in the streets, definitely this country is not doing well.


By the way, big control comes with big responsibilities. When you have a lot of money in forms of crypto and promote yourself while having zero skills in fight and zero guards and move on an island that has high crime rate, sorry but we shouldn't blame the nature of bitcoin here. I say this to those people who (will) blame bitcoin in this case.

[TravelMug]

Yes, and this kind of attacks has been increasing, as others said, this is what we call $5 wrench attack

A $5 wrench attack is when someone finds out you have a lot of crypto and physically attacks or threatens you for your private keys. On Wednesday, at least eight men, including a police officer, were arrested in the city of Pimpri-Chinchwad, India, for allegedly kidnapping a crypto trader and demanding ransom. The arrested officer, Constable Dilip Tukaram Khandare, reportedly learned of the trader's 300 crore rupee ($40.13 million) crypto wealth via access to confidential data while working in the cybercrime department. The trader was let go after his friend filed a missing person report that prompted Khandare, who feared repercussions, to release him.

https://cointelegraph.com/news/5-wrench-attacks-appear-to-be-on-the-rise-in-the-crypto-community

So the best weapon against this kind of attack and just simply don't tell anyone that you have bitcoin or crypto. Because you don't know who you dealing with her, maybe they are just listening and when the time comes they will simply attack you at the comfort of your home and forcefully cough your private keys or extract any crypto information from you.

[Cantsay]

This is the reason why you should avoid talking about your wealth in public places or even to the people around you no matter how close they may seem to be to you never disclose to them exactly how much you own, because that might pose so many risk to your wealth and your life as well. And besides how on earth will someone be walking around with that much Bitcoin in his mobile phone and again he's a blogger I bet he creates blog post about how to safeguard your coin but yet he couldn't even apply that same principle that he writes about to me that's his fault. Even with the incident I doubt if he's still going to keep how wealth private because most bloggers tend to showoff with their wealth, I didn't really know the resin behind it though.

[Rikafip]

Okay, how do I know that person is a policeman or not? If you don't follow their orders, they'll punish you and if you follow, there is a chance that they are actually criminals.

Use common sense and know your rights. If they knock on your door telling you that they have info your money might be counterfeit and that you have to give them everything that you have asap, you can be pretty sure its bullshit as these things don't work that way. At least not in my country.

In that case, government should pay for every damage that victim has faced by fake policeman because if the government has the problem where some people can get police uniform, guns, police car and move in the streets, definitely this country is not doing well.

You don't need real uniforms, police cars and guns to pretend that you are police. Fake badge is usually enough and that's why these scammers usually target older people who are more gullible, easy to confuse and won't resist or make fuss.

[noorman0]

I don't really think that this robbers came upon random people, but someone (who recognized him) had stalked him the previous day and then made some plans. Even though he is an influencer in his own country, the robbery took place overseas in such a way that it is likely that the local robber would not know about his background and would even notice that he was "carrying" large amounts of bitcoins.

[Jawhead999]

Just because someone wears a police uniform doesn't mean that he is policeman, and just because someone is policeman doesn't mean that he won't rob you. Just the other day a big group of scammers was arrested in Croatia that pretended to be police in order to trick elderly that were their main targets.

Yeah I know there's still a chance a real policeman can become a criminal, but it wouldn't last long if you have a proof if he rob your money because he have giving a lot personal information to the police station when he was applying to become a police.

Okay, how do I know that person is a policeman or not? If you don't follow their orders, they'll punish you and if you follow, there is a chance that they are actually criminals.
In that case, government should pay for every damage that victim has faced by fake policeman because if the government has the problem where some people can get police uniform, guns, police car and move in the streets, definitely this country is not doing well.

Every police have their own identity number which can be verified using an application, if he refused to do that, it's obviously a criminal. The thing is a tourist wouldn't really understand about it and he might just trust whatever the local citizen is saying e.g. the fake policeman show a fake ID.

AFAIK there's no law in Indonesia they will recover the losses from a fake policeman or any other crime, especially this is about Bitcoin, not in bank account.

[xSkylarx]

This is the reason why you should not be telling anyone that you hold bitcoin or crypto, mostly if you post the value of your wallet, it is really scary now. Before, when I was just starting out in crypto, I always posted in social media about my earnings in bitcoin, showing its value, but because of the news that happens about this, I refrain from doing so. It is very scary right now, as for sure the criminals know that he holds that huge amount, and they have already planned it out. So we should be silent on everything that involves money as someone is watching us.

[daweller1]

February 27, BLiTZ: News On the island of Bali in Indonesia, Russian investment blogger Yuri Boytsov was beaten and robbed. According to the tg-channel Baza, unknown persons forced him to transfer bitcoins in the amount of $284,000 to their accounts. According to him, the attackers are an Indonesian in the form of a policeman, a man in a Balaklava, as well as two “two men of Caucasian appearance.”

According to the blogger, the attackers broke into his villa and began to demand money for the fact that he “dumped” someone. Fighters did not want to give away their funds. And then the unknown hit him on the head several times. So they managed to force the Russian to unlock the smartphone and transfer the passwords. Some transfers had to be verified.

His girlfriend, who was with Boytsov, said that the service did not miss a transfer for such a large amount. To fulfill their plan, the kidnappers photographed a Russian citizen with a passport and sent the photo to the support service. After that, the hijackers left the villa, and the victims went to the local law enforcement officers to write a statement. The police managed to detain one of the alleged perpetrators – their faces were visible on video from surveillance cameras – but he denies his guilt. According to the detainee, the Russian is a swindler himself.

[1] https://www.weeklyblitz.net/news/in-bali-284000-worth-of-bitcoins-were-stolen-from-a-russian-bloggerin-bali-284000-worth-of-bitcoins-were-stolen-from-a-russian-blogger-news/

i'm sorry for the victim, who seems to be still unable to get his bitcoins, news of robberies like this have caused a stir several times because the thief did not want cash or other valuables from the victim but only targeted the victim's bitcoin. 

there is no detailed explanation of how the thief could find out that the tourist has bitcoins, however, bitcoin ownership cannot tell it to other people because it is very sensitive and can provoke crime.

if you have already told other people the number of your bitcoins, you should make other reasons when people ask you about it again, crime can come from anyone and anywhere, so being suspicious is quite important.

I was just wondering, in your signature you quote ' help the victim scammed by Cold Key '
Can you give details about this?

Also, as per the news story... I think the Russian should have had a wallet with a passphrase... the passphrase would lead to a secondary wallet that would have only a small amount

[macson]

Just because someone wears a police uniform doesn't mean that he is policeman, and just because someone is policeman doesn't mean that he won't rob you. Just the other day a big group of scammers was arrested in Croatia that pretended to be police in order to trick elderly that were their main targets.

Yeah I know there's still a chance a real policeman can become a criminal, but it wouldn't last long if you have a proof if he rob your money because he have giving a lot personal information to the police station when he was applying to become a police.

Okay, how do I know that person is a policeman or not? If you don't follow their orders, they'll punish you and if you follow, there is a chance that they are actually criminals.
In that case, government should pay for every damage that victim has faced by fake policeman because if the government has the problem where some people can get police uniform, guns, police car and move in the streets, definitely this country is not doing well.

Every police have their own identity number which can be verified using an application, if he refused to do that, it's obviously a criminal. The thing is a tourist wouldn't really understand about it and he might just trust whatever the local citizen is saying e.g. the fake policeman show a fake ID.

AFAIK there's no law in Indonesia they will recover the losses from a fake policeman or any other crime, especially this is about Bitcoin, not in bank account.

it's really bad luck if the victim can't recover the losses he's experienced, his intention to go on vacation actually ends in a loss.

I was just wondering, in your signature you quote ' help the victim scammed by Cold Key '
Can you give details about this?

Also, as per the news story... I think the Russian should have had a wallet with a passphrase... the passphrase would lead to a secondary wallet that would have only a small amount

here are the details for my 'personal text' = My Cold Keys Just Got Swiped! All Halving Sets!!   

[DaveF]

It it has been said here and many other places many times. You would not talk about having lots of gold stored at your house. Or how you are carrying around a large expensive gemstone in your pocket or how you have 1000s and 1000s of dollars in your jacket pocket. But people seem to let everyone know about their crypto holdings. And then don't store them securely.

I feel sorry for the victim, but as a group we really have to keep letting others know not to let people know what their holdings are and where / how they are stored.

-Dave

[so98nn]

Flaunting about what you own is one thing while living with it peacefully is another best thing. I am pretty sure they studied him very well before going so crazy around him. They knew where he is staying, with whom he is, and what are the security aspects around the Villa. It’s not like he is way to much popular to be knows by everybody but the fact that he already caught up in the mess.

Anyways, I think it is more important to understand that he was safe and sound after the incidence happened including his gf. The scenario could have been different crime scene but instead they just lost money and nothing else. Hope so he has learnt his lesson and will live to fullest.

[serveria.com]

February 27, BLiTZ: News On the island of Bali in Indonesia, Russian investment blogger Yuri Boytsov was beaten and robbed. According to the tg-channel Baza, unknown persons forced him to transfer bitcoins in the amount of $284,000 to their accounts. According to him, the attackers are an Indonesian in the form of a policeman, a man in a Balaklava, as well as two “two men of Caucasian appearance.”

According to the blogger, the attackers broke into his villa and began to demand money for the fact that he “dumped” someone. Fighters did not want to give away their funds. And then the unknown hit him on the head several times. So they managed to force the Russian to unlock the smartphone and transfer the passwords. Some transfers had to be verified.

His girlfriend, who was with Boytsov, said that the service did not miss a transfer for such a large amount. To fulfill their plan, the kidnappers photographed a Russian citizen with a passport and sent the photo to the support service. After that, the hijackers left the villa, and the victims went to the local law enforcement officers to write a statement. The police managed to detain one of the alleged perpetrators – their faces were visible on video from surveillance cameras – but he denies his guilt. According to the detainee, the Russian is a swindler himself.

[1] https://www.weeklyblitz.net/news/in-bali-284000-worth-of-bitcoins-were-stolen-from-a-russian-bloggerin-bali-284000-worth-of-bitcoins-were-stolen-from-a-russian-blogger-news/

i'm sorry for the victim, who seems to be still unable to get his bitcoins, news of robberies like this have caused a stir several times because the thief did not want cash or other valuables from the victim but only targeted the victim's bitcoin.  

there is no detailed explanation of how the thief could find out that the tourist has bitcoins, however, bitcoin ownership cannot tell it to other people because it is very sensitive and can provoke crime.

if you have already told other people the number of your bitcoins, you should make other reasons when people ask you about it again, crime can come from anyone and anywhere, so being suspicious is quite important.

It seems that the Russian guy is a scammer (see the link posted a bit earlier in this thread: https://tor-corporation.com/en/urii-boicov-razvod-na-dengi-razoblachenie-moshennika/) most probably he was selling fake crypto tips/signals and the two caucasian guys mentioned in the article were angry Russians who got scammed by him and decided to take revenge

P.S. Another possible reason he got robbed is like many have mentioned here that he was possibly bragging about his Bitcoin stash.

[Ultegra134]

Whether this story is fake or not, it has been mentioned before that unnecessary bragging may pose such risks and render you a susceptible target. Of course, this doesn't only apply to cryptocurrencies but to money in general. There's no need to pose your money and success on social media; you're never exactly sure who might be watching you and how robbers are using them to track down people with wealth.

On the other hand, I don't understand how they accessed his wallet; what kind of support did they contact? Why was he using an online, centralized wallet?