There is a case that is quite thought-provoking. In 2022, a former traffic police officer in Russia did something—after confiscating a detainee's phone, he directly transferred Bitcoin worth 20 million rubles to his own account. This guy not only had crooked ideas to steal crypto assets but also used violence to threaten the detainee, which is really excessive. The final outcome was a 7-year prison sentence, a 20 million ruble compensation to the victim, and the stripping of his police rank.
What does this incident tell us? First, although Bitcoin is decentralized, if your private keys and seed phrases fall into the wrong hands, it can be troublesome. Second, abuse of power to steal crypto assets is a serious crime worldwide. For us, strengthening the security of wallets and private keys is truly essential.
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CompoundPersonality
· 15h ago
The authorities dare to do this, it's really crazy
Oh my god, this guy has truly lost all bottom line for Bitcoin
Private keys are life itself; if they get into the wrong hands, you're doomed
It seems I need to quickly transfer important assets to a cold wallet; you can't trust anyone too much
This police officer is basically testing the boundaries of self-destruction
So decentralization can't protect you either; you have to rely on your own security
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GasFeeSobber
· 16h ago
Police dare to rob, there's really no safety to speak of these days
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Private key is something that must be kept more secure than life itself, truly
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7 years is too lenient for him, I think at least ten years should be the minimum
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Still need to use a hardware wallet, otherwise I just don't trust it
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These kind of parasites in authority institutions are playing out every day, it's terrifying upon closer thought
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200 million rubles suddenly gone, I'm damn going crazy
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So no matter how loudly decentralization is promoted, human nature will always be the breakthrough
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What does this matter indicate? It shows you need to be cautious of everyone, including the police
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No wonder people don't trust traditional financial institutions, now even the police can't be relied on
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Managing your assets yourself should be like this, or you might lose them someday
View OriginalReply0
PessimisticLayer
· 16h ago
It's the same old power rent-seeking tactics, just a different coat of paint.
This guy really dares to do it. Once he has power, he starts acting crazy, like a bandit.
Wallet security is truly not to be taken lightly. Never share your private keys with anyone, including the police.
It's outrageous. Seven years is a bit light, especially with violent coercion involved.
The key issue is that he had access to the detainee's phone, and that's the real problem.
Abuse of power is often more terrifying than the criminals themselves. Remember this lesson, everyone.
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NotGonnaMakeIt
· 16h ago
Abuse of power to steal coins, this kind of thing is indeed quite outrageous.
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Uh, private key leakage is really a big taboo, gotta keep it well.
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7 years is too light, I think.
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That's why I never keep too many coins on exchanges; self-custody is the way to go.
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Police stealing coins and then taking action, I'm speechless, it's a rule of law country.
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So cold wallets are the correct choice, don't say I didn't remind you.
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20 million rubles just disappeared like that, the victims must have learned their lesson.
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Centralized exchanges are risky; from another perspective, the risk of authorities is even greater.
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Lack of protection is just inviting trouble, honestly.
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This guy's brain is waterlogged, using power to do this kind of thing.
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Private keys should be engraved in your mind or locked in a safe; don't mess around with other tricks.
There is a case that is quite thought-provoking. In 2022, a former traffic police officer in Russia did something—after confiscating a detainee's phone, he directly transferred Bitcoin worth 20 million rubles to his own account. This guy not only had crooked ideas to steal crypto assets but also used violence to threaten the detainee, which is really excessive. The final outcome was a 7-year prison sentence, a 20 million ruble compensation to the victim, and the stripping of his police rank.
What does this incident tell us? First, although Bitcoin is decentralized, if your private keys and seed phrases fall into the wrong hands, it can be troublesome. Second, abuse of power to steal crypto assets is a serious crime worldwide. For us, strengthening the security of wallets and private keys is truly essential.