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Author Topic: BTC holders, do not reveal your identity online  (Read 551 times)
2Pizza410000BTC (OP)
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June 04, 2023, 04:13:51 PM
Merited by fillippone (1)
 #1

It is very difficult to find people in the whole world who do not know the importance of Bitcoin and what its market value will be in the future. There are millions of users holding Bitcoins all over the world. Some bitcoin holders are holding millions of dollars worth of bitcoins in their wallets. I would request those holders not to disclose their identity online. The sole purpose of making this request is that a few days ago a news item was published in my local newspaper and there was a mention of this incident.

The incident Regarding Bitcoin Millionaire Dr. John, suspicions arose when Bitcoin millionaire Dr. John failed to see him during office hours at Marchi Hospital in Missouri on May 21. After much searching, his family was forced to file a missing persons case with a local administration when he was not found. And a lot of news is spread through social media. But sadly Dr. John's car is one kilometer away from the hospital on May 28 Suspicion increases as one looks further afield. When they found his used mobile, laptop and wallet in the car, they doubled their suspicion and launched a massive search in the local administration. But Dr. John was later found dead on May 30 on a road an hour away from the hospital. The police administration found him dead with gunshot ,the police have not yet said anything about whether his death was suicide or murder, planned murder.

Dr john Forsyth
49 years old
Co founder of Onfo Coin


However, many have commented on John's death, the most talked about being that his identity was leaked to everyone and that he was possibly kidnapped for Bitcoin or some other ransom and any information or valuables were taken from him. However, all bitcoin holders should learn from this incident and remain anonymous in public and tread carefully.

See fulls: https://www.coinalap.com/bitcoin-millionaire-dr-john-killed/

The link in the news is published in my native Bengali language. If you want, you can read it with Google translation.

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June 04, 2023, 04:41:32 PM
 #2

There was recently a very good topic on the same subject: How important is it to keep your bitcoin investments secret from others ?
    
It's always sad to see people disappear and die in such shady circumstances.

But is there really any evidence to link the possession of BTC to Dr. John's death? The translator doesn't give me anything really readable. In any case, I'd be surprised if you killed the person concerned. Who else but him could give you the keys to the wallet? Anyway, I guess that every situation is different.

Do we have access to any statistics about the number of kidnappings, assaults or hostage-takings with the aim of stealing cryptos / BTC in some countries?
I get the impression that it's all just like other reasons to do shady stuff as a fraudster/gangster. Unfortunately, people die every day for their jewelry, their belongings, their car, their money... So it doesn't surprise me to see this kind of incident every now and then, with the aim of stealing BTC.

OP, where you're wrong is when you think it's all about big wallets and wealthy people. In some countries, you can get mugged for less than $200, and many people don't understand that owning a little BTC doesn't make you rich. Some people are pretty stupid about cryptos, and when they hear "I'm interested in BTC" they think you're directly rich. We've already seen people kidnapped because their captors thought they were rich, when in fact they weren't, just because of a few messages about BTC on Twitter... I'll try to find these cases and come back to edit my post if I do.

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June 04, 2023, 04:56:57 PM
 #3

People who possesses large amounts of money have to adopt extra security measures. They can't give themselves the luxury of being so careless over their physical integrity like a person who works for a minimum wage is routinely. Investments are needed on cameras, high walls, electric fences, alarms and even bodyguards. A millionaire should never be alone or solely accompanied by people he doesn't fully trust.

I think when we see murder cases like this, the problem goes beyond people around knowing you are a Bitcoin holder. It says much more about the negligence of the individual with his own safety. Because if it was solely an issue related to people knowing you are rich, nobody could be spotted as a rich person in the world without being harmed or damaged.

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June 04, 2023, 05:03:42 PM
 #4


It's always sad to see people disappear and die in such shady circumstances.

But is there really any evidence to link the possession of BTC to Dr. John's death? The translator doesn't give me anything really readable. In any case, I'd be surprised if you killed the person concerned. Who else but him could give you the keys to the wallet? Anyway, I guess that every situation is different.

Do we have access to any statistics about the number of kidnappings, assaults or hostage-takings with the aim of stealing cryptos / BTC in some countries?

The administration has not been able to find out why the kidnappers killed them or make any arrests in this regard. What I have said is a cautionary tale because Bitcoin has become an increasingly important topic. No one can say for sure that this will not happen to Bitcoin in the future. But if Bitcoin holders keep this in mind and caution themselves, I see nothing bad.
But I can't say in terms of all countries, but in my country, even for a small amount of money, kidnapping or hijacking is done.

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June 04, 2023, 05:04:54 PM
 #5

I can't read the content of the link you posted, but from your explanation there is no certainty that this individual was killed because they have a lot of BTC, people get kidnapped and killed everyday for different reasons.

But the message of your topic is correct, keep your privacy, don't tell people you have BTC and try as much as possible to use decentralized services, so you don't have to submit kyc everywhere. You can be a victim of a $5 wrench attack if you reveal too much of your identity to the public.

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June 04, 2023, 05:20:06 PM
 #6

After reading this thread what comes to mind is that I hope cryptocurrency investors and holders that have the belief that they didn't need privacy can read this story so that they can be self-consciousness.
However, the issue of Dr. John Forsyth appears to be the same as the Cash App founder Bob Lee who was stabbed to death in the month of April.
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June 04, 2023, 05:46:56 PM
 #7

In some developing countries,the people kidnapped other for the money and mostly cryptocurrency.This not happening in the developed countries,because they are satisfied with the minimum amount for their life.But in developing countries,the people from various background.Some are poor,others are rich enough to top rank in the world market.I had come across some incidents happen in African countries,it’s better not to share your real Id in the online platform which deal with the cryptocurrency.

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June 04, 2023, 06:23:45 PM
 #8

The world is turning into something else and safety is becoming what everyone wants more then money itself.

People are dying in the most tragic ways nowadays. Like OP said, if you are rich, please keep it to yourself don’t flaunt it around or let people know that you are. That makes you become a target.

And the sad trust about being a target to these criminals is that you never know you are a target until it all happens. You either gets injured, kidnapped or killed.

RIP Dr John.
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June 04, 2023, 06:40:06 PM
 #9

Not only btc holders, nobody should declare his/her financial status publicly. If you want to show off, you must be prepared for the bad scenarios like this one in the OP. Thieves and murderers target these high profile people especially if they are weak on their personal security. If you want to live a quiet happy life and enjoy your wealth, then don't talk about it too much, better yet don't talk about it all. You can still attract chicks without drawing unwanted attention. Chicks will know. They smell money from a thousand miles away.

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BitcoinPanther
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June 04, 2023, 06:46:03 PM
 #10

Cases like what @OP had shared can be avoided by keeping a low profile.  But I do not think that the idea is applicable to the victim since he is a founder of a cryptocurrency company so his identity is exposed and being a CEO of a cryptocurrency will make people think that that the person is filthy rich and the possibility of ill-intended people targeting the person is really huge.

Now, us being unknown in the internet should keep it that way in order for us to avoid possible problem or danger in the future especially when we are engaging in Bitcoin investments.

Not only btc holders, nobody should declare his/her financial status publicly. If you want to show off, you must be prepared for the bad scenarios like this one in the OP. Thieves and murderers target these high profile people especially if they are weak on their personal security. If you want to live a quiet happy life and enjoy your wealth, then don't talk about it too much, better yet don't talk about it all. You can still attract chicks without drawing unwanted attention. Chicks will know. They smell money from a thousand miles away.

Only people who intend to scam other are showing their wealth in order to entice the victim to joining them.  There is no sane people that will expose his financial status in public since it is obvious that exposing one's wealth attracts danger for that person.
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June 04, 2023, 07:00:47 PM
 #11


The angle is very possible because he is just too exposed about himself owning coins. Bitcoiners are easy target for the criminals because after all if the criminals got his coins, no one can ever take back even if they are caught. A criminal could just do his time and getaway with it after few months of weeks.

At gun point, the doctor will give his coins up. Sad part is he also was killed.

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June 04, 2023, 07:04:07 PM
 #12

I read his article above with Google Translate but it has nothing to do with bitcoin although the police are still investigating this case.

Dr. John founded Onfo Coin from the aim of the project is to invite other people to mine the network or a kind of cloud mining and this project is like a ponzi scheme and that's what was written in his article.

Or maybe those who killed them were trapped in the Onfo Coin project founded by Dr. John, because this is a ponzi scheme, so they cannot withdraw the money, while the identity of the owner is known by the perpetrator and in the end he commits a heinous act.

Maybe that's the scenario, but what's clear is that I don't know the actual case. John was killed because he was shot.

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June 04, 2023, 07:44:46 PM
 #13

People who possesses large amounts of money have to adopt extra security measures. They can't give themselves the luxury of being so careless over their physical integrity like a person who works for a minimum wage is routinely. Investments are needed on cameras, high walls, electric fences, alarms and even bodyguards. A millionaire should never be alone or solely accompanied by people he doesn't fully trust.

I think when we see murder cases like this, the problem goes beyond people around knowing you are a Bitcoin holder. It says much more about the negligence of the individual with his own safety. Because if it was solely an issue related to people knowing you are rich, nobody could be spotted as a rich person in the world without being harmed or damaged.
I guess being rich is not that easy though, as you have to completely secure your safety so that you won’t be harmed or put into danger by anyone. Same goes to bitcoin hodler that requires anonymity all the time, otherwise you are putting yourself in a dangerous situation. If we can live simply and become low key, then that would be the best key so we can live normally like those who are living with their minimum wages.
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June 04, 2023, 07:56:44 PM
 #14

I can't read the content of the link you posted, but from your explanation there is no certainty that this individual was killed because they have a lot of BTC, people get kidnapped and killed everyday for different reasons.

But the message of your topic is correct, keep your privacy, don't tell people you have BTC and try as much as possible to use decentralized services, so you don't have to submit kyc everywhere. You can be a victim of a $5 wrench attack if you reveal too much of your identity to the public.
Having a lot of bitcoin will not put you into danger, but if you tend to make yourself known about it in public that you are hodling a lot of bitcoin, I guess that will be the start of living your life with possible danger. People who live with so much luxuries that they become careless and not cautious the whole time, then they are the one putting theirselves into danger. However, if they keep their privacy and live life like those who are in budget, probably they will never become any target for kidnapping or killing.

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June 04, 2023, 08:03:47 PM
 #15

I can't read the content of the link you posted, but from your explanation there is no certainty that this individual was killed because they have a lot of BTC, people get kidnapped and killed everyday for different reasons.

But the message of your topic is correct, keep your privacy, don't tell people you have BTC and try as much as possible to use decentralized services, so you don't have to submit kyc everywhere. You can be a victim of a $5 wrench attack if you reveal too much of your identity to the public.
Having a lot of bitcoin will not put you into danger, but if you tend to make yourself known about it in public that you are hodling a lot of bitcoin, I guess that will be the start of living your life with possible danger. People who live with so much luxuries that they become careless and not cautious the whole time, then they are the one putting theirselves into danger. However, if they keep their privacy and live life like those who are in budget, probably they will never become any target for kidnapping or killing.

One thing to avoid this is not to post any of your crypto dealings over the internet, or on any social media channels.
Just be silent about what you are doing and don't disclose to anyone that you are into this market.
Aside from avoiding any possible danger, you won't need to explain to anyone about your transactions.
You will find out that you will live a peaceful life as you only need to secure your funds from the bad actors over the net.
The problem with the younger generations today is that they post whatever they think on their social media channels, that's where they are subjecting themselves to be a potential victim as predators are lurking around.
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June 04, 2023, 08:07:37 PM
 #16

Look at it this way, how can a founder of a crypto project such as this be anonymous or make people believe he doesn’t have bitcoins locked away someplace. Take CZ of Binance for example, we don’t have to link him to a wallet to know he has a good amount of bitcoin. For these persons who are in the public eye, it’s impossible to dissociate themselves from public scrutiny. However for the regular joe, it’s very much possible to maintain privacy and keep your bitcoins unlinked to your identity.

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June 04, 2023, 08:08:09 PM
 #17

I have read a story related to this not sure if is the same person or not. For me, the cause of his death is unknown; it might not even be related to Bitcoin but the fact that he is wealthy. One needs to be careful in dealings with people within and around because they might indirectly be the ones to cause your downfall.

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June 04, 2023, 08:50:50 PM
 #18

Well everyone here is anonymous, unless you yourself tells someone that you have stash of bitcoin somewhere else, in your laptop or in your phone. And with that, you will be a target for criminals because you will be an easy target for them and steal your BTC.

This could be a 5 dollar wrench attack that gone wrong,

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

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June 04, 2023, 09:29:32 PM
 #19

I can't read the content of the link you posted, but from your explanation there is no certainty that this individual was killed because they have a lot of BTC, people get kidnapped and killed everyday for different reasons.

But the message of your topic is correct, keep your privacy, don't tell people you have BTC and try as much as possible to use decentralized services, so you don't have to submit kyc everywhere. You can be a victim of a $5 wrench attack if you reveal too much of your identity to the public.

Though I agree with keeping your privacy, I think this applies to persons who have a relatively high number of BTCs at their disposal. In addition to this fact, this implies that such person is also flaunting their BTCs which compromises their safety more.

If you have a number of BTCs, it really recommended that you keep yourself low-profile. Even forum users are very keen with their identity, trying not to reveal the slightest details about their safety and identity due to fears mentioned like this one.
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June 04, 2023, 09:39:04 PM
 #20

Privacy is a crucial aspect for crypto users. If your privacy is compromised, it can lead to significant trouble. If the incident in question is true, sorry for it. Greedy individuals around us can pose a serious threat, making it harmful to share details about our crypto holdings. I don't even discuss my holdings with my family, as it could potentially leak and put me in a troublesome situation. Therefore, we must exercise extreme caution. The beauty of crypto is that we can participate without divulging the specifics of our actual holdings.

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