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Author Topic: Someone have my wallet phrase  (Read 601 times)
Belarge
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February 26, 2024, 09:42:32 PM
 #41

The moment you discovered your wallet has been compromised or someone have your phrase code of your wallet is very risky to leave your assets in that wallet, it's good to move all the funds to a new wallet that no one has asses to it. 
We should move new funds to another one because the current one got invaded and not everyone could be mentally strong to accept the crucial results that will happen. We have wallets that we ought to store our passwords in safer place, possibly a place where no eyes will reach them except us, the ones that stores them. I know how broad the system is and how we can comprehend the actions triggered, rather we should keen on storing more information that would he helpful. Realizing someone having your 12 secret phrases does send a message.

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February 26, 2024, 09:47:30 PM
 #42

What worse case scenario given then fact I have only 14$ on this wallet and of course not intend to deposit anymore funds to that wallet
I don't know why someone has your phrase. And what is the condition of the people after owning it. But what is certain is that it is quite risky to let other people know about such an important thing. So, if it's already happened, it's better to create a new wallet and send the coins in the old wallet to the new wallet. So at least this can first secure the coins you have. Even if only a little. However, also consider the number of coins and since when the promotion was carried out.

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March 01, 2024, 05:57:24 AM
 #43

If someone knows your password, don't use the wallet again. Immediately empty the assets in the wallet and create a new wallet because he can take your assets whenever he wants because he can have 100% access to your wallet using that seed phrase.

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March 01, 2024, 07:49:35 AM
 #44

Worst case scenario is whoever has your seed phrase takes the $14 which if we're being honest not at all that bad. It could've been worse like imagine if you had over $500 on that wallet? I say just forget about that wallet and move on.

How did that person ever get your seed phrase? Did you purposely tell it to someone or was your device compromised? It's better that you learn from your mistakes and make sure that it doesn't happen again. You wouldn't want your wallet to be compromised if it had over hundreds of dollars already won't you?

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March 01, 2024, 08:05:51 AM
 #45

Worst case scenario is whoever has your seed phrase takes the $14 which if we're being honest not at all that bad. It could've been worse like imagine if you had over $500 on that wallet? I say just forget about that wallet and move on.

How did that person ever get your seed phrase? Did you purposely tell it to someone or was your device compromised? It's better that you learn from your mistakes and make sure that it doesn't happen again. You wouldn't want your wallet to be compromised if it had over hundreds of dollars already won't you?
This very often happens to beginners who initially think that the seed phrase is not that important so they easily give the seed phrase to other people, but over time they realize that the assets they own can be accessed by other people at any time. I often encounter cases like this in airdrop groups, they often don't understand how to sell or can't claim the airdrop, so there are seniors who understand and offer their services, instead of wanting to help they want to steal the assets.

That's why it's so important to continue learning about crypto, especially about the importance of wallet security. Because looking after your wallet is the same as looking after your house keys, if we give our house keys to other people, it is not impossible that one day they will steal all the valuables in our house. For Op, it's a good idea to immediately change your wallet, and empty the contents of the old wallet. Once again, creating a wallet seed phrase is very easy and doesn't take long. It is better to avoid undesirable things than if they happen, it will make you regret it.

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March 02, 2024, 05:41:53 AM
 #46

Don't share your wallet's seed phrase with anyone remember that it's not recoverable if you've suffered such a loss due to sharing. People usually learn from mistakes so be aware before making the same mistakes again. If someone knows the password of the wallet then don't keep the money in that wallet it is better to keep it empty so that even if someone gets access they will not be able to steal any money.

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March 02, 2024, 07:00:55 AM
 #47

What worse case scenario given then fact I have only 14$ on this wallet and of course not intend to deposit anymore funds to that wallet
This is a funny scenario and I it obvious that you know that someone has your wallet phrase.
You can as well remove you fund from such wallet and create another wallet you can be using to keep your crypto coins.
If you don't mind leaving your coin there since it's just a small money, that could be okay but watch out in case you could not find your money in your wallet again, you can challenge the person.









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March 02, 2024, 07:38:07 AM
 #48

What worse case scenario given then fact I have only 14$ on this wallet and of course not intend to deposit anymore funds to that wallet
If you already know that someone got your wallet phrase so why you still not sending your 14$ in the another wallet although it's small amount but anytime you can see your balance will empty, you should create new wallet and be careful to store your wallet seed, don't keep wallet phrase in online storage.

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March 02, 2024, 08:00:33 AM
 #49

What worse case scenario given then fact I have only 14$ on this wallet and of course not intend to deposit anymore funds to that wallet
Are you kidding us here? I believe you already know the answer to the question you asked, and I don't even know how this bypassed me for almost 2 weeks. Well, in this case, I consider it as having your little money in the bank account with the ATM delivered to another person. For the fact that the money is little and you can do away with it, of course, it can't give you a sleepless night. This is especially true if you are such that is financially free, it will just be such that you may not even think it exists. There are some monies in some wallets I forgot they are in there, and this also happens to some money in my bank account as well, once they are little, my mind is off it.

So, letting someone know the passcode to a wallet with just $14 in it, even as you've determined not to fund the wallet again, is nothing at all. Some people could be trusted as well and will not touch that money for any reason. The confusion is that you did not explain your relationship with the person or state if such is just a random person or a hacker, regardless, make your plan good, and never make the mistake of funding that wallet again. We are all susceptible to error.

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March 02, 2024, 09:49:14 AM
 #50

What worse case scenario given then fact I have only 14$ on this wallet and of course not intend to deposit anymore funds to that wallet

Caution please you're so lucky that you released this thread. 14$ is a very small amount and you should never repeat never look back at that wallet again.The hackers have a number of techniques which they might implement and even after recovering your wallet they might break in again. They might be waiting for you to get satisfied that you've recovered your wallet and once you'll deposit a big amount that's where they'll come into the game again.

Don't go with the techniques of recovering your wallet, they also involve a lot of risks just go and find out what was the reason for this. It's very crucial to find out the reason so that it can be avoided in the near future otherwise your phone is at risk .

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March 02, 2024, 10:02:53 AM
 #51

If the wallet you have is no longer safe, it's a good idea to switch to another popular wallet that has a five star rating by making a new one and storing the keys safely so that the money in your wallet doesn't disappear again. Because now there are various wallets available, you just have to choose one of them

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March 02, 2024, 10:35:45 AM
 #52

If the wallet you have is no longer safe, it's a good idea to switch to another popular wallet that has a five star rating by making a new one and storing the keys safely so that the money in your wallet doesn't disappear again. Because now there are various wallets available, you just have to choose one of them

It doesn't matter about the rating if that wallet is non-custodial. Most wallets right now support multi chain and provide a wide range of services to their customers. It doesn't cost anything and there is no limit of creating a new wallet so i agree that if that wallet is compromised, its better to move on to a new wallet if there are still funds left then transfer it to the new wallet if that's possible. There isn't any way to secure that wallet anymore if its not a multi sig wallet.









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Moreno233
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March 02, 2024, 12:17:17 PM
 #53

What worse case scenario given then fact I have only 14$ on this wallet and of course not intend to deposit anymore funds to that wallet
If someone have your wallet address, tje first thing is to stop using that wallet and probably try to withdraw all the funds you have their before the person outsmart you. You must first investigate how got leaked to be able to prevent future occurrence.  Did you save the wallet in your phone where people have access to? Did you save the keys in your email or social media? Did you click phishing links or downloaded unverified software? You just have to investigate how it happened so you can protect yourself because if you do not do this, even if you make a new wallet, the phrase can still be leaked

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March 02, 2024, 12:19:36 PM
 #54

No, there is no need to know your wallet phrase. This could happen because you have connected your wallet to a phishing site. Therefore you need to be careful when connecting your wallet to a particular site and if you have to connect to a particular site it's best to use a new wallet.

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March 02, 2024, 01:23:25 PM
 #55

phrase and privatkey are very vital keys, and it is fatal if anyone knows it because they can access it without your knowledge, I understand how you feel because this is learning from the past and being alert to the assets you have as early as possible, you can create a new wallet as you like by moving assets in it, next time use it on a piece of paper that you keep in a secret place. Incidents such as the loss of assets still often occur even though the main cause is not the same and there are other motives (phishing web connections) but if you have set yourself up to maintain more disciplined credentials, of course you can minimize the risk. Hopefully you have done it now.

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Sayeds56
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March 02, 2024, 02:01:54 PM
 #56

What worse case scenario given then fact I have only 14$ on this wallet and of course not intend to deposit anymore funds to that wallet

If I am understanding the message in your correctly, it seems that your wallet is compromised and somebody has gained access by hacking seed phrases. The first thing you should do is to withdraw all remaining funds immediately.

In order to minimize the risk of hacking, consider the  following precautions.

- Choose secure wallets ( Hardware wallets are considered most secure)

- Use strong passwords.

- Store seed phrases or private keys in a safe place. Write seed phrases in a physical format such as a paper note book.

- Avoid connecting your wallet with suspicious platforms.









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bastian466
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March 02, 2024, 05:05:48 PM
 #57

If the wallet you have is no longer safe, it's a good idea to switch to another popular wallet that has a five star rating by making a new one and storing the keys safely so that the money in your wallet doesn't disappear again. Because now there are various wallets available, you just have to choose one of them

It doesn't matter about the rating if that wallet is non-custodial. Most wallets right now support multi chain and provide a wide range of services to their customers. It doesn't cost anything and there is no limit of creating a new wallet so i agree that if that wallet is compromised, its better to move on to a new wallet if there are still funds left then transfer it to the new wallet if that's possible. There isn't any way to secure that wallet anymore if its not a multi sig wallet.
The best way is to change your wallet, that's the only way. if someone else already knows the key, if you force you to continue then you have to be prepared for your funds to be drained and he will closely monitor the activities of your wallet contents in the future so this experience will be a valuable lesson so that in the future you can guard your wallet key properly

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mvdheuvel1983
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March 02, 2024, 05:39:08 PM
 #58

What worse case scenario given then fact I have only 14$ on this wallet and of course not intend to deposit anymore funds to that wallet

You are always advised not to share your seed phrase with anyone for security purposes but since you have already discovered that someone has it meaning that the person can have access to your funds regardless of the amount, abandon the wallet, get a new one and make sure you don't expose it again. You can also help yourself by getting a stronger password and something very long that can't easily be memorized by anyone.
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March 02, 2024, 07:35:44 PM
 #59

Best thing is to stop using the wallet and create a new one. Then transferred your $14 into an exchange wallet that way the scammer won't be able to trace your new wallet. Try to be careful with your phrase next time.

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March 02, 2024, 07:56:10 PM
 #60

What worse case scenario given then fact I have only 14$ on this wallet and of course not intend to deposit anymore funds to that wallet

You probably have mistakenly exposed your wallet seed phrase somewhere. The way seed phrase is structured, it can't be broken by anyone, not even a hacker can break the special functions it was pass through to create you a seed of 12-24 special words. It's either you didn't back it up well in safe place or you did back it up properly but you didn't keep it in a safe place and another person has seen it and was fast to send it out to another wallet destination.

What you should do next time, if you want a safe and secure wallet, you should use a hardware wallet. It's more secure and safe than the software wallet. Unless you exposed your seed phrase to anyone, it can't be compromise because your keys are actually not connected to the internet. But, it doesn't mean you should misplaced it anywhere unsafe or in unsafe hands, if they know your pin, your coins will be wipe off. Stay guarded next time.

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