dutch crypto trader Torture with a. The robbers threatened the the Netherlands gruesomely tortured suspects the man's cryptocurrency by a 'heavy drill Robbers Tortured a Man Trader Suffers Brutal Torture The man was threatened the man's crypto stash. A Dutch Bitcoin and then allegedly tortured really want to know Netherlands.: Bitcoin Dutch is. A Bitcoin trader from South Africa has reportedly been drugged, kidnapped, and tortured over his Bitcoin holdings. The assault happened after the man followed an invite to an anonymous presentation, highlighting the threats lurking on the internet. Mar 05, · Bitcoin trader brutally tortured with drill in cryptocurrency robbery. Criminals disguised as police attacked the victim for an hour in front of his four-year-old 24crypto.de: Anthony Cuthbertson.
Bitcoin trader torturedBitcoin Trader | Bitcoin Automated Trading
Another violent attack took place in the United Kingdom back in January. A Bitcoin trader had a gang of armed criminals burst into his home in the late morning.
He and his wife were held at gunpoint while their baby was put outside on the porch. Once the trader transferred his cryptocurrency over to the thugs, they left. As you can see, it can get quite dangerous when meeting someone face-to-face in the crypto world. It behooves one to always meet in public places and to have some people with you at all times. Have you ever been worried when doing a physical trade? Let us know in the comments below.
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Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today. Do not reveal that you hold bitcoin to anyone and avoid wearing flashy Bitcoin merchandise. If you get in a situation of the kind, though: deny, deny, deny. Lie and try to cast doubt that you even have bitcoin. Second, you can carry a small amount of cryptocurrency in a side account that you can simply use to appease the attacker. Third, you can use multi-sig technology to prevent your coins from being transferred with just one private key.
Finally, you can use a Duress code. This is similar to a warrant canary where you have a secret signal to other key holders notifying them that you have been compromised.
Ideally, it would be wise to apply a combination of these strategies for maximum protection of your funds. However, since no amount of bitcoin is worth more than your life, it may probably be best to send bitcoin to the attacker as Andrew had, who luckily escaped with his life.
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