Robbery involving sending of crypto to the robbers

[Oshosondy]

If this isn't planned then what it has anything to do with the crypto, he just has bad security system in his house, and he is stupid enough to let all his personal belongings to someone else from the internet.

If it is his only personal money that was taken, it would have been better, but taken the companies coins along, that is suspicious. I do not yet believe the CEO. But he may not be telling lie. If what happened is true and not planned, he should not have played with companies money like that. He should not have had the money with him at home. Everything needed should be in the office and have a better backup means at home secretly saved somewhere. I guess he has access to the companies money on his phone or laptop is the reason the attackers were able to easily steal the money from him.

[lovesmayfamilis]

No one can be 100% trusted, including your inner family or a partner.

Oh my god . How are you going to live with someone you don't trust? I can't imagine how that's possible.
Everything else is true. If you can't be a low-profile person, maybe you should come up with something else that tells everyone that you don't have access to the funds, no matter how scammers do it. No need to be chatty. The story of owning Bitcoin has changed the lives of many in a bad way, but a pre-prepared fake story delivered to the ears of those who might be tempted by the sums can also destroy interest in crime.

[sokani]

Could this be planned by the CEO? I do not think a CEO can do something like this. He has reported the case and it is under investigation.

This is another reason to avoid flaunting your crypto investments online and to have your company's funds stored in a multisig wallet.

Honestly, I'm sorry for what happened to him but do not think he cannot stage the robbery to loot the two companies. People do all sorts of crazy things especially when they've some serious issues like debts or addiction. So, it's very possible for him to stage the robbery but it's left for the police to find out.

[Richbased]

Don't the company use multiSig wallets to save? There should be a signatory of atleast 3 persons in order to be able to transfer funds out of a company's fund. The industry we are doesn't promote trust, but if they have chosen to trust their CEO, they should deal with the consequences.

I wonder as well because a company is supposed to have at least 2 or more signatories before funds should be transferred out of the company's account and that's where the use of multisig wallets is necessary but the problem with people is that they choose to become adamant of things that should be treated with good protection simply because a CEO or workers may prove to have impeccable characters but they forget to know that some people can spend years to build a trust but can decide to lose their reputation in just a day that's why any cooperation or company needs more than 2 signatories to their account so that in a situation like this it will be difficult to move out companies funds since it will require the other parties to be a part of the signatory. Just like you said, they should bear the brunt of their carelessness.

[freedomgo]

Could this be planned by the CEO? I do not think a CEO can do something like this. He has reported the case and it is under investigation.

It’s hard to hide that if it was just his plan because during the investigation, the experts will find out if he’s telling the truth or not. It’s really risky to have a lot of money in crypto because, in an instant, it can be taken from you using your weaknesses, like what happened. Maybe he just lacked internal control because if company funds were involved, there should be strong internal controls so that one person can’t access the majority of the funds. That’s the risk, even if you’re good at crypto and managing projects, but if you don’t anticipate things like this robbery, the money can disappear quickly. By the way, how much was lost, both from the company and his personal funds?

[SamReomo]

I guess he has access to the companies money on his phone or laptop is the reason the attackers were able to easily steal the money from him.

Yes, that can be true in this case. I believe he has lost the money due to his carelessness and he might have access of the company's crypto on his phone. Most criminals these days know about crypto and thus he got attacked the crypto assets were transferred. Or there's chance that the robbery was a planed one.

[Davidvictorson]

Could this be planned by the CEO? I do not think a CEO can do something like this. He has reported the case and it is under investigation.

This is a good question to ask. Now I wonder if there have been people who have planned and executed this type of robberies on themselves for whatever. I know that one of them motives for this type of robbery may be financial but this CEO in the story has already said that most of the funds stolen are personal. How's he going to recovery them back. I don't know how the US system works here but hopefully he gets it back. The results of the investigation will most likely take years to be published but I hope that when it does, I'll be able to read it and connect the dots.

[coolcoinz]

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For people high profile targets like this, what's is left of them to do is, have a budget for a tight security team. It helps.

There's no doubt that it's well-planned. I mean he's a public figure which he said, and the deposit address is known by these robbers. They've planned this crime for a long time, and unfortunately for him, he got targeted.

I'm just confused with some parts. He's a CEO and he has crypto. Isn't he not aware of something like this can happen to him and why not have a bodyguard or a security team that could protect him at all times? Well anyway, things like this happens especially if you're a public figure like him that's why I always want to stay lowkey when it comes to cryptocurrency in general including my holdings, the assets that I'm holding and probably the knowledge that I'm sharing because being intelligent might be another reason for these crooks to do something like this to you as well since they might think that this person is intelligent, probably he has lots of cryptocurrency or Bitcoin in his wallet.

This incident might be true, or it might not be (who knows). After all, we are in a world of internet where anybody can just say anything. If this is true then I hope that he finds justice and the suspects will be caught as well.

🖰🖰

I'm suspicious too. How did they get into his home? Let's say he holds a million USD on his computer, wouldn't a few cameras worth $1k be a good idea? How about a panic button that automatically calls the police? These things don't cost a lot of money. How about a gun at home? He hasn't said anything about having videos of the robbery, even from outside the house. Did he let them in?

I'm probably much poorer than him and I have an alarm system, cameras outside, my neighbors have cameras and one has a dog running around the yard all day, barking at everyone coming in.

How did that sohisticated group get to his home? Did they drive a stolen car? Did they park at his driveway, waiting for 30 minutes until he sends them the money?

[Peanutswar]

This is one of the cons being well known by the people there's some people really trying to make something bad just to stole someones money or assets, I guess the only thing he can do is to make more security with himself and also to his family because money can earned back but the life is different. This is the reason as possible to make a low-key profile person if you have a tons of money but of course connection is right there so we cant remove that thing already.

[Belarge]

Yes, that can be true in this case. I believe he has lost the money due to his carelessness and he might have access of the company's crypto on his phone. Most criminals these days know about crypto and thus he got attacked the crypto assets were transferred. Or there's chance that the robbery was a planed one.

Cyber crime can not he permantly eradicated but they can be temporary put under control by enlightened the public regarding the space and been able to follow crucial measures for the safe keep of our portfolio. We dare not expose our 12 private phrases to anyone because the world we lived on today is consider evil. The world is advancing and we know the dangers and risks taken for our growth. it's never been consider on our ends towards the space.