Transparent blockchain can be risky; I got robbed

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tony_altMember
Posts: 9 · Reputation: 185
#1May 15, 2024, 11:29 AM
Last June, I had a crypto portfolio split 30% personal and 70% from investors. My strategy involved picking up bitcoin or trading between USDT and Colombian pesos. The USDT prices were pretty low, which made OTC trades easier, especially with peso fluctuations. But there were also a lot of criminal groups active. One day, a new supplier, who was selling me coins, started offering an unrealistically good deal for no obvious reason. It raised my suspicion, but I stayed calm because I was used to doing business straightforwardly. The wallet I was using filtered through two other wallets, so I didn't feel at risk. Then, this same supplier came back wanting to buy coins at a fantastic price, claiming he urgently needed them and asking for a quick transfer. Of course, I didn't go for it, and he got a bit angry. A couple of weeks later, he came at me again with another crazy offer, but this time for a different stablecoin. He sent over the contract through a weird link, but it showed the coin, so I didn't think much of it. My phone at that time wasn't set up to receive coins, so I brushed it off. Little did I know, that link let him track my location. Then, that weekend, while I was on my way to the outskirts of Medellín, I got stopped by what I thought were police officers. Turns out they were the same guys. They took me to a place and beat me up bad to get the wallet's funds they spotted on the blockchain. At that moment, it was a staggering $1.3M.
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diamond_2020Legendary
Posts: 1256 · Reputation: 6502
#2May 15, 2024, 02:54 PM
A sad story. Usually people who are engaged in such financial exchanges have security and connections in the police and the criminal world and they do not have access to all the company's coins. Such a business can of course have very high risks, but if in Russia an exchange office pays money to a criminal organization, then the robbery of this exchanger will be a big blow to the reputation of this criminal organization. As a rule, such robbers are found by criminals or the police and their life as robbers ends in the forest, at the bottom of a river or in prison, depending on who finds them first.
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5tack_cipherFull Member
Posts: 171 · Reputation: 775
#3May 17, 2024, 08:34 PM
skeptical of your story...and why, because you are asking for donations. that's why.   first time posting. where have you been? busy arbitraging bitcoin apparently and making lots of money.
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john.cobraHero Member
Posts: 408 · Reputation: 2145
#4May 18, 2024, 09:53 AM
Regardless of whether the story is true or not, in a country where criminals are at every turn, everyone should do much more to protect themselves. With so much money, the OP could have hired bodyguards to follow him every step of the way, or paid the police "protection", which is very common in such countries. Advice for the OP - forget about what happened and don't work with other people's money because the same things will happen to you sooner or later again.
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