You can get killed for holding Bitcoin, take your privacy 🔏 very serious

[lodocus]

This isn’t just about Bitcoin. Anyone who owns assets of any kind needs to keep their mouth shut a bit and learn not to talk about it everywhere. I’m sure there are countless examples of people being killed or kidnapped because they constantly talked about their money.

Even most people who become rich overnight lose their money because of this. When they win the lottery or suddenly become wealthy in some other way, they spread the word to everyone they know, and suddenly everyone is swarming around them. They keep doing this because they enjoy the attention, but in the end, they either suffer losses at the hands of someone who wants their money, or they end up wasting it all.

[New Judgement]

Whether Bitcoin or fiat, people are always after wealth. Some chase wealth fairly while others do underhanded tactics and even commiting crimes.  For perpetrators and criminals, they don't find any difference between Bitcoin and fiat currency, as long as they got an information about someone having huge amounts of money, they will target such people.

This is the reason why no one should flaunt their wealth and let other people know because not everyone have pure heart.  Others are so wicked that they will do everything to rob that person's wealth.

We all sounding as if money is easy to hide. There’s an amount of money you will have, you can’t hide it. Be it bitcoin or fiat. Even if you don’t come out in the media to announce that you have money, but from your activities, people will know you have money. Because you start visiting places only wealthy individuals can afford. You start using gadgets and toys only wealthy people can afford. You can’t deprive yourself these things because that’s the only way you can enjoy your money.

To me if you have got a big amount of money in bitcoin and you are scared of being attacked, why not get yourself a good security details that can keep you safe anywhere you are? I don’t subscribe to the life of hiding my wealth just because I don’t want bad people to attack me physically. The beauty of having money is when you’re able to spend it things you want and being able to go anywhere you want.

[DabsPoorVersion]

According to the story, the victim of this attack was holding his Bitcoins in a cold wallet. He was doing the right thing by not holding his funds on centralized exchanges and still got murdered along with his family. There isn’t any information on how they knew the person held so much Bitcoin, so it is speculative to say they were boasting or weren’t being careful with their privacy. It could just be a very unfortunate situation where the criminals were tipped off by a close friend or a relative.

Regardless, KYC is becoming more of a liability that endangers too many people and isn’t that effective at preventing crime. There are evil people out there who are going to great lengths to target Bitcoin holders. As always we should be careful to minimize these threats by limiting the information we are exposing, especially if you hold such a significant amount.

That's possible. This possibility is high considering that they specifically targeted the cold wallet. It's a small item and easy to conceal, it would be hard for anyone to identify it as something valuable unless they already knew at the very beginning of what they are looking for and had a prior information about those victims.

Another possibility is that the robbers might have enough knowledge with cryptocurrency. If they happen to notice that the victim has the cold wallet and they immediately recognized it, they must have assumed that it contains a large amount if Bitcoin.

[Nrcewker]

Whether its Bitcoin or any other asset, dont share how much you make in a month or how happy you are with a second person. We never know what other people are thinking about us.

Moreover we have a great advantage with Bitcoin that it is decentralized by nature. So no one other than us can know how much Bitcoin we hold. Yet seeing news like this deeply saddens me. Privacy is very important when it comes to monetary matters. Hence, I would advise everyone not to share this kind of sensitive information with anyone else.

[sokani]

Every data leaks in the hands of centralised entities are a huge risk to your live.
Getting killed for your Bitcoin has nothing to do with you been a very good person.

The article said one of the suspects was a business associate of the victims. My guess is that the victim did some crypto transactions with one of the suspects, or he told him that he's into crypto. That was how they knew about his Bitcoin stash and came for it, which eventually resulted to the death of four persons. The story had nothing to do with a data leak via centralized exchange.

[Adiljutt156]

Whether its Bitcoin or any other asset, dont share how much you make in a month or how happy you are with a second person. We never know what other people are thinking about us.

Moreover we have a great advantage with Bitcoin that it is decentralized by nature. So no one other than us can know how much Bitcoin we hold. Yet seeing news like this deeply saddens me. Privacy is very important when it comes to monetary matters. Hence, I would advise everyone not to share this kind of sensitive information with anyone else.

Bitcoin with decentralized nature is always favorable for the accumulator but still its needs care and security because now peoples are doing wrong things and showing their wealth on social media this killing and increasing security concerns for them in this news owner allow hackers to have access to their computer this was really terrible never do things like these and also never keep your password or phrase online its never been wise decision.

Life is important and needs a few precautions for staying on a secure level. Recent developments in technology are bringing problems and also increasing troubles. Never show your wealth, even if it's crypto, Bitcoin, or fiat. Haters never allow you to live peacefully; they will try their best to have this even now. Just because of this, they can go beyond limits.

[AgriTrack]

This is no longer a new thing as Bitcoin is widely known and its worth is spreading like wildfire especially on social media so everyone should be careful or mindful how they present themselves to people out there, putting yourself out there as a Bitcoiner is exposing yourself to scammers, criminals that wouldn't hesitate to take your life if they get close to you. I have never told anyone that I invest in Bitcoin because I don't trust anyone and sometimes even family members are not to be trusted because the heart of man is evil especially when money is involved, I see people showing off their assets but I never get tempted to talk about mine and that's how private I can be.

That's what everyone needs to do. I don't understand why some people think it is going to make them look cool if they flex about how much money they have or how much money they make. It might impress a few people who only care about money and richness, but it is going to attract more negative energy than positive, which is why it is not an ideal thing to do. Whether you earn $1m a month or only $500, it is for you to know and no one else needs to be aware of that. Even if you have saved up quite a good amount of money, you don't need to disclose that to anyone.

You mentioned about how even family members can't be trustworthy sometimes, and it is so true. We often hear stories about blood relatives like brothers or sisters killing each other or fighting against each other only for money and resources, which shows that you can't really trust anyone when it comes to such things. If you have bitcoins or any cryptocurrencies in your portfolio, you should work on growing that, try to make it more, but keep it to yourself, it should be your little secret.

[Abiky]

Whether Bitcoin or fiat, people are always after wealth. Some chase wealth fairly while others do underhanded tactics and even commiting crimes.  For perpetrators and criminals, they don't find any difference between Bitcoin and fiat currency, as long as they got an information about someone having huge amounts of money, they will target such people.

This is the reason why no one should flaunt their wealth and let other people know because not everyone have pure heart.  Others are so wicked that they will do everything to rob that person's wealth.

People are always showoffs. They want to give an impression to others, without considering the risks of doing so. Being low profile, allows you to live life without bringing unwanted attention. It's not about flaunting your wealth, but rather protecting it with your life. Learn from the rich, as they pretend to be poor for obvious reasons.

For something as sensitive as Bitcoin, one must be very careful not to let others know you own it, or are involved in any way. Privacy is the most valuable thing you can have right now. Guard it with your life. Just my two sats.

[lovesmayfamilis]

Even most people who become rich overnight lose their money because of this. When they win the lottery or suddenly become wealthy in some other way, they spread the word to everyone they know, and suddenly everyone is swarming around them. They keep doing this because they enjoy the attention, but in the end, they either suffer losses at the hands of someone who wants their money, or they end up wasting it all.

And do you know why? People, some people, don't know how to manage their finances properly. Imagine that a businessman wins the lottery, someone who knows how to spend, invest, and generally interact with large amounts of money.What will he do first? Of course, he will "put" all the money into the business. Why does this happen? He knows how, he knows, and for him, owning a large sum is just a familiar thing. But for ordinary people, without education, a large sum can sometimes be a big burden. Whether they are investors who once made a good profit from the growth of bitcoin, they are still not ready to use it properly. People will try to be like, imitate rich people, spending anywhere, without thinking about the future. The psychology of a poor man, alas. Someone who didn't get much, one day wants to get everything at once. Unfortunately, such people lose everything very quickly, or fall into the "clutches" of scammers who are happy to take everything from them.

[hd49728]

And do you know why? People, some people, don't know how to manage their finances properly. Imagine that a businessman wins the lottery, someone who knows how to spend, invest, and generally interact with large amounts of money.What will he do first? Of course, he will "put" all the money into the business. Why does this happen? He knows how, he knows, and for him, owning a large sum is just a familiar thing. But for ordinary people, without education, a large sum can sometimes be a big burden

Bitcoin can be used for many purposes but if people want to get rich with Bitcoin or at least improve their finance with Bitcoin, they will have to focus on investment. They will have to learn about investment in general, then investment with Bitcoin in particular.

They will also have to learn about financial management like whales, how to manage their bitcoin like whales.
How to manage Bitcoin like a whale.

If they can have knowledge and mindset similarly to whales, they will choose to safe things which are not only safe for their finance but also help to improve it a lot over time.

[Tetu100]

This is not news. At this rate, who is still being careless with their safety and leaving their coins on exchanges will only have themselves to blame when things go south. People who also go as far as boasting about their holdings and feel that people around would not have a clue about what they are saying are another set of people that should be checked because without being told on the importance of privacy, you don't discuss these sensitive information outside because you'd have no one to blame if you become a victim; not only will you lose your coins, your life could be lost too.

You are the person saying is no news. Because I'm pretty sure there're still some basket mouths out there that are saying out their investment dealings to the public just to be seen as a wealthy person and only God's knows who they're trying to impress. However, the other day in my neighborhood they picked up a guy that i believe to be into bitcoin stuff. And guess what, after some few days the guys was demanding for a huge sum of about $5000 from the family. This person I'm talking about is a kind of person that love showing off, most of his phone conversations is mostly about crypto, and who knows this actions of his might has prompted or instigated the kidnapping who knows.

So in essence, privacy is the most important in this crypto business, because a single misplaced information can cause someone his live and I pray no one should experience that.

[ArabBTC]

We live in a cruel world where jealousy, envy and wickedness is the order of the day, some people just hate when the next person is succeeding more than them so i wonder why someone will want to share his bitcoin worth to the next person knowing fully well that the heart of man is desperately wicked, except otherwise but i don’t think even your brother should know about your bitcoin worth, you can show them other of your investment. I feel that you are in a greater harm if people know about your bitcoin worth because of how high people place bitcoin in particular, the best a man can do if he doesn’t want his bitcoin lost forever is to share the information with probably only his wife but he must ensure the woman is someone reliable.

[Joy- maker]

This is nothing new, we have heard stories of this before. I'm just disappointed in those people who have refused to stop posting about their Bitcoin investment after learning how people have been killed simply because they were suspected of having a large amount of money in Bitcoin.  As for me, nobody in my family knows that I'm holding bitcoin, I decided to hide my Bitcoin investment from them for security reasons.  Trusting anyone, even a family member is at your own risk, and it's no longer news that family members now betray one another for their own selfish interests.

[Jegileman]

Whether its Bitcoin or any other asset, dont share how much you make in a month or how happy you are with a second person. We never know what other people are thinking about us.

Moreover we have a great advantage with Bitcoin that it is decentralized by nature. So no one other than us can know how much Bitcoin we hold. Yet seeing news like this deeply saddens me. Privacy is very important when it comes to monetary matters. Hence, I would advise everyone not to share this kind of sensitive information with anyone else.

People feel sharing something like this will make them feel special and respected more amongst their peers but sometimes they forget that even the peers will also want to talk about them with some other people to also feel special that they had a buddy that owns bitcoin also. The news getting into the ears of a third party then makes everything even more dangerous as you can’t tell as to what extent they can leak the news more and put you at risk. Sharing sensitive informations like this is not the way of the privacy, it only divulge information that are meant to be kept confidential. When you’ve not faced some setback, then you may never learn.

[Obari]

How dumb and heartless can criminals and scammers truly be because after killing the owners of the wallet, how then do they expect to get access to the wallet? Is that not stupidity in the highest form?
Privacy and security discussions can't be overemphasized because there are always an arising reason to be cautious not just online but also offline and that is why I don't even blame most of these guys that hire personal security for their  daily activities because the world is growing very evil everyday and our safety and security shouldn't be compromised for no singular reason

[tabas]

I feel that you are in a greater harm if people know about your bitcoin worth because of how high people place bitcoin in particular, the best a man can do if he doesn’t want his bitcoin lost forever is to share the information with probably only his wife but he must ensure the woman is someone reliable.

That's why privacy is important, you don't get to tell everyone what you own and what's happening with your finances. It's better to let them show that you're a pretender and broke in their eyes rather than someone who's got the financial knowledge and invested intactly in Bitcoin. Because if they have seen that you're a broke guy, they'll stop thinking about you and won't have any envy in you because they know that you own nothing. So, that I guess will be the new trend to look that you're a simple and broke guy so that they won't even borrow money from you. 

[eaLiTy]

This is not news. At this rate, who is still being careless with their safety and leaving their coins on exchanges will only have themselves to blame when things go south. People who also go as far as boasting about their holdings and feel that people around would not have a clue about what they are saying are another set of people that should be checked because without being told on the importance of privacy, you don't discuss these sensitive information outside because you'd have no one to blame if you become a victim; not only will you lose your coins, your life could be lost too.

The person who orchestrated this attack is his business associate, who clearly knew about his crypto investment. He hired someone else to assist in this murder, and it turns out the culprits have been caught. The victim here is a musician according to the reports, and it's not like he boasted about his investment in public. It turns out you cannot even trust your business associates when it comes to these investments.

Source: https://www.tradingview.com/news/cryptobriefing:b522bb5fb094b:0-mexico-quadruple-homicide-linked-to-alleged-bitcoin-hardware-wallet-robbery/

[Woodie]

This reminds me of last months story of the house breakings that some couple suffered because of leaked  data pointing to a crypto millionaire living on some residence but had shifted out for security reasons..but now seeing that leaked data isn't just about phishing attempts but threats to one's life should get everyone worried,  perhaps the forum should consider hiding these addresses too because you never know who is watching and what interests the have. Otherwise sad to hear people lost lives over mistaken identities 

[Felicity_Tide]

People feel sharing something like this will make them feel special and respected more amongst their peers but sometimes they forget that even the peers will also want to talk about them with some other people to also feel special that they had a buddy that owns bitcoin also. The news getting into the ears of a third party then makes everything even more dangerous as you can’t tell as to what extent they can leak the news more and put you at risk. Sharing sensitive informations like this is not the way of the privacy, it only divulge information that are meant to be kept confidential. When you’ve not faced some setback, then you may never learn.

Like I said before, I think this particular story goes a bit beyond a regular case of privacy breach. There are so many possibilities because it turns out that the suspect and two of the victims were all business partners, while the other two were the main victim's wife and daughter. In business related matters, anything can be involved, especially when it comes to finances.

But again, I think a lot of people can learn from this story, especially when they clearly have no reason to disclose their Bitcoin holdings to others. There's absolutely no need to try to prove a point at the expense of your own security. One major thing that comes with self custody is financial privacy, and that privacy must be respected even by the same person practicing the self custody.

[NotFuzzyWarm]

The topic should be "Re: You can get killed for holding wealth, take your privacy 🔏 very serious".
The nature of your financial wealth is irrelevant. If it is known or suspected that you have money then you can be a target regardless of it being BTC, fiat, gold, land, etc.