They tortured him for 3 hours for his Metamask password — a stark warning for cryptocurrency users
In a harrowing incident in South Africa, a cryptocurrency trader was kidnapped and tortured for three hours by criminals demanding the password to his Metamask wallet. The victim managed to survive, but was forced to give up his private keys, resulting in the loss of a significant amount of crypto assets.
This case highlights the extreme risks associated with storing large amounts of cryptocurrency without proper security precautions. While digital wallets offer convenience, they can also make their owners targets of violent attacks.
How to protect yourself:
Never share your private keys or passwords. No legitimate entity will ask you for them.
Use hardware wallets (cold wallets) to store significant crypto assets offline.
Enable two-factor authentication (2FA) on all your cryptocurrency-related accounts.
Avoid publicly disclosing your holdings. Do not share screenshots or brag on social media.
Immediately report any suspicious activity or threats to local authorities.
Cryptocurrencies offer great opportunities, but they also come with responsibilities. Security should always be a priority. Stay informed, act cautiously, and protect your digital assets.
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