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Author Topic: For your safety, keep your Bitcoin holdings as private as possible.  (Read 21 times)
aNot!FicaT!on (OP)
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March 10, 2026, 10:06:49 PM
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I saw a news today where terrorists forced a French couple to transfer nearly $980,000 worth of Bitcoin.

https://news.bitcoin.com/france-crypto-crime-couple-held-at-knifepoint-and-forced-to-transfer-nearly-1m-in-bitcoin/
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France Crypto Crime: Couple Held at Knifepoint and Forced to Transfer Nearly $1M in Bitcoin
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Armed criminals posing as police officers forced a French couple to transfer roughly $980,000 worth of bitcoin during a violent home invasion on Monday in Chesnay, France, in what authorities say is part of a growing wave of crypto-linked kidnappings across the country.

France Investigates €900K Bitcoin Extortion After Home Invasion in Yvelines
French authorities are investigating a violent kidnapping and armed robbery after three suspects forced a couple in their late 50s to transfer approximately €900,000 worth of bitcoin during a home invasion on Monday morning in Chesnay, a suburb west of Paris in the Yvelines department.

According to prosecutors in Versailles, the suspects entered the couple’s residence after presenting themselves as police officers. When the woman, 58, opened the door, the intruders forced their way inside and began threatening the couple, according to law enforcement sources cited by Agence France-Presse (AFP) and TF1-LCI.

One of the suspects reportedly brandished a knife and threatened the woman with violence unless her husband, 59, transferred cryptocurrency to an account controlled by the attackers. Under duress, the husband executed the transaction, sending the equivalent of €900,000 in bitcoin, authorities said.

After the transfer was completed, the suspects tied the man up and forced both victims to sit on a sofa inside their home. The woman suffered a shoulder injury during the ordeal, according to police sources familiar with the investigation.

The attackers then fled the scene in a white van. The incident ended around 9 a.m. local time when the injured woman managed to free her husband and contact neighbors for assistance.

Prosecutors said the case is being investigated as kidnapping, armed robbery carried out by an organized group, and criminal conspiracy. The investigation is being led by the Brigade de répression du banditisme (BRB), a specialized French police unit that handles organized crime cases.

As of Tuesday, no arrests had been announced.

French authorities say incidents involving cryptocurrency-related kidnappings have increased a great deal since early 2025, coinciding with broader public awareness of digital asset wealth and the growing number of individuals holding large amounts of crypto.


This incident in France clearly shows how sensitive the issue of investing in cryptocurrencies, especially Bitcoin, is and how much it is related to personal security. When someone talks about their Bitcoin or crypto assets publicly or to many people, they can become a potential target for criminals.
This is why privacy and personal security are very important when it comes to Bitcoin investments. In reality, an investor should not share their investment amount, wallet information, or how many Bitcoins they have with anyone unnecessarily. In many cases, it is better to be careful about these things even with close acquaintances, because the more information spreads, the greater the risk.

We need to be very careful about all these things, many people think that no one can take them from us, but the reality is terrible, even if we think about our personal security, it is necessary to keep Bitcoin holdings as secret as possible, and I do not think that it should be shared even with friends.

Another important point is that in addition to personal privacy, if someone has a significant amount of Bitcoin, it is very important to keep it in a secure personal wallet instead of keeping it on an exchange, use a strong password, enable two-factor authentication (2FA), and store the seed phrase in a safe and secret place. Here, security must be ensured from all sides, and this is also related to personal security. The fewer people who know about your crypto assets, the safer you will be.

If no one knows anything about your investments, then you are definitely safe, you should invest quietly without unnecessary publicity about your investments and give utmost importance to security measures. Life is uncertain, so as a backup, so that your Bitcoin is not lost forever in your absence, you should give your most trusted people "like just your wife" your investment information and tell them the key, this is definitely necessary, but never to anyone else except him. You are only telling them this as a backup, so there is no need to tell them to anyone else, then you can be safe.
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