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Author Topic: Physical Bitcoin and Cryptocurrency Attacks that Have Been Reported Worldwide  (Read 281 times)
Davidvictorson (OP)
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November 22, 2023, 06:48:55 PM
 #21

Your phone was scanned at a police checkpoint? That should be illegal, since you are just a normal person passing by and not an arrested suspect!
Yep, it should illegal but it isn't because the ones supposed to protect us are the real criminals. If you read about the #EndSARS protests that hit the country in 2020 where young Nigerians hit the streets to protest against Police brutality, this was one of the reasons they protested.

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You gotta move your crypto to a desktop wallet so that they can't search it again, because nobody's going to make you open your laptop or desktop and show them all of the EXE or applications that belong to cryptocurrency (hopefully).
This is a good one but not all of us can go without our crypto apps on our mobile phones. We need it there for convenience.

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November 22, 2023, 10:09:00 PM
 #22

As Bitcoin becomes popular cases like @OP stated will happen more frequently, it is not about Bitcoin or cryptocurrency but rather perpetrators see that there is something valuable they can steal from people, reason why they rob them.

Your phone was scanned at a police checkpoint? That should be illegal, since you are just a normal person passing by and not an arrested suspect!
Yep, it should illegal but it isn't because the ones supposed to protect us are the real criminals. If you read about the #EndSARS protests that hit the country in 2020 where young Nigerians hit the streets to protest against Police brutality, this was one of the reasons they protested.

No one can scan any private property of a person unless there is a warrant from the court.  Even personal frisking is illegal if there is no issued warrant to do so.  Anyone can object for any checking, even a car passing a checkpoint can refuse to open its car window and can just put on the light for the security to scan.

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You gotta move your crypto to a desktop wallet so that they can't search it again, because nobody's going to make you open your laptop or desktop and show them all of the EXE or applications that belong to cryptocurrency (hopefully).
This is a good one but not all of us can go without our crypto apps on our mobile phones. We need it there for convenience.

I don't know why do we need to carry our cryptocurrency on our mobile phones, it is very risky but I respect that it is an individual preference, but for me, unless the person is trading using their mobile phone or is using cryptocurrency as a mode of payment for purchases, I do not think there is a reason for anyone to "carry" their cryptocurrency on phones.

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Davidvictorson (OP)
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February 25, 2024, 05:26:13 PM
 #23


_________________|__________________|_______________________|_______________________________________________________________________
January 16, 2024|Unidentified Victim|Aba, Abia State, Nigeria|3000 USDT Transferred to Police officers Wallet. The police officers attached to Rivers State Police Command left Port Harcourt, a state in Nigeria to Aba, Abia State, another state in Nigeria, arrested the man, took him to Rivers State, Bayelsa State and entered Ughelli, Delta State. After paying 3000USDT, they moved him back to Port Harcourt and dumped him.

I added a new cryptocurrency attack to the list.

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February 26, 2024, 05:11:01 AM
 #24

Yeah I don’t tell anyone I own crypto for this reason. Stocks sure, you can’t really steal is someone is a millionaire in stocks. It’s all digital and we don’t hold the actual certificates. Crypto is different.

In USA I guess it’s safer because many own crypto here but in many poor countries it’s risky. Especially since crypto always has this bias where if you own crypto, you must be rich. This hasn’t been true for 10 years pretty much but everyone thinks this.

Best way to avoid these attacks is to never mention crypto to anyone. If someone sees you are rich, just say you got lucky with some Tesla or Nvidia stocks.

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Davidvictorson (OP)
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March 11, 2024, 03:00:43 PM
Merited by Aanuoluwatofunmi (3), lovesmayfamilis (1)
 #25

From all the above cases, we must conclude that any unnecessary information about us on the Internet can add to our troubles. Posts on social networks shouting about a beautiful life will be taken under close attention, either by scammers or supervisory authorities. They always say that our language can become our enemy. Stories where you should remain silent about your activities will not be useful. I did not study all the cases of attacks on cryptocurrency owners, but if you imagine that if people behaved more modestly, they would probably avoid such problems.
Best way to avoid these attacks is to never mention crypto to anyone.
lovesmayfamilis and adaseb, I am returning to this comment  because although I understand your perspective, in reality, it is applicable in developed countries. In my country Nigeria, the situation is significantly different. Over here, one can be silent and not share any details or involve in any crypto discussion online and still be at risk of attack.

Apart from thieves, scammers, and hackers, we face a concerning issue with the agency tasked to uphold the law, protect lives and maintain order. Regrettably, in my country, the police themselves pose a substantial threat to individuals who possess cryptocurrencies like Bitcoin.

Recently, there have been incidents where 3,000 USDT was transferred to police officers' wallets by a young Nigerian. In another instance some rogue officers demanded extortion payments in Bitcoin from another young Nigerian.

You may ask, how this happens. Well, in my country, the privacy of individuals, particularly the youth, is frequently invaded by the police. They search through their phones for specific keywords like "Bitcoin," "cryptocurrency," or "Binance." At gunpoint, individuals are forced to transfer their cryptocurrencies or risk losing their lives. There are other unreported cases. The Police(rouge officers) are the ones perpetrating these crimes against cryptocurrency holders in our nation.

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