In Person German Theft - Revision history

Azoundria at 18:59, 2 May 2023

2023-05-02T18:59:58Z

← Older revision		Revision as of 12:59, 2 May 2023
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	{{Imported Case Study\|source=https://www.quadrigainitiative.com/casestudy/inpersongermantheft.php}}		{{Imported Case Study 2\|source=https://www.quadrigainitiative.com/casestudy/inpersongermantheft.php}}
	{{Unattributed ~~Citations~~}}		{{Unattributed Sources}}

	A 29 year old German man met a group of strangers to transact bitcoin, possibly to sell some of his coins. The group of three men then attacked him and snatched the phone. He called police immediately and the men were arrested shortly after. It is unclear if his funds were returned to him or not.		A 29 year old German man met a group of strangers to transact bitcoin, possibly to sell some of his coins. The group of three men then attacked him and snatched the phone. He called police immediately and the men were arrested shortly after. It is unclear if his funds were returned to him or not.

	This exchange or platform is based in Germany, or the incident targeted people primarily in Germany.		This exchange or platform is based in Germany, or the incident targeted people primarily in Germany.<ref name="cryptovantage-6702" /><ref name="stadtmagazinmuenchen24-6773" />
	<ref name="cryptovantage-6702" /><ref name="stadtmagazinmuenchen24-6773" />

	== About None ==		== About None ==
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	!Description		!Description
	\|-		\|-
	\|March 16th, 2021 ~~1:00:00 PM~~		\|March 16th, 2021
	\|Main Event		\|Main Event
	\|Expand this into a brief description of what happened and the impact. If multiple lines are necessary, add them here.		\|Expand this into a brief description of what happened and the impact. If multiple lines are necessary, add them here.
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	\|		\|
	\|}		\|}

			== Technical Details ==
			This section includes specific detailed technical analysis of any security breaches which happened. What specific software vulnerabilities contributed to the problem and how were they exploited?

	== Total Amount Lost ==		== Total Amount Lost ==
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	== Ongoing Developments ==		== Ongoing Developments ==
	What parts of this case are still remaining to be concluded?		What parts of this case are still remaining to be concluded?
			== General Prevention Policies ==
			It is safest to transact with people you know or using trusted platforms. If performing a transaction involving a large sum, never meet alone. It is best to meet in a public place. Never bring a wallet with more funds than you are intending to transact. Using a multi-signature wallet can require two signatures. You can also take advantage of placing the funds in an escrow wallet while any transaction is settling.
			== Individual Prevention Policies ==
			{{Prevention:Individuals:Placeholder}}

			{{Prevention:Individuals:End}}

			== Platform Prevention Policies ==
			{{Prevention:Platforms:Placeholder}}

			{{Prevention:Platforms:End}}

			== Regulatory Prevention Policies ==
			{{Prevention:Regulators:Placeholder}}

	== Prevention ~~Policies ==~~		{{Prevention:Regulators:End}}
	It is safest to transact with people you know or using trusted platforms. If performing a transaction involving a large sum, never meet alone. It is best to meet in a public place. Never bring a wallet with more funds than you are intending to transact. Using a multi-signature wallet can require two signatures. You can also take advantage of placing the funds in an escrow wallet while any transaction is settling.

	== References ==		== References ==

Azoundria at 23:47, 18 February 2023

2023-02-18T23:47:09Z

← Older revision		Revision as of 17:47, 18 February 2023
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	{{Imported Case Study\|source=https://www.quadrigainitiative.com/casestudy/inpersongermantheft.php}}		{{Imported Case Study\|source=https://www.quadrigainitiative.com/casestudy/inpersongermantheft.php}}
			{{Unattributed Citations}}

	A 29 year old German man met a group of strangers to transact bitcoin, possibly to sell some of his coins. The group of three men then attacked him and snatched the phone. He called police immediately and the men were arrested shortly after. It is unclear if his funds were returned to him or not.		A 29 year old German man met a group of strangers to transact bitcoin, possibly to sell some of his coins. The group of three men then attacked him and snatched the phone. He called police immediately and the men were arrested shortly after. It is unclear if his funds were returned to him or not.

	This exchange or platform is based in Germany, or the incident targeted people primarily in Germany.		This exchange or platform is based in Germany, or the incident targeted people primarily in Germany.
			<ref name="cryptovantage-6702" /><ref name="stadtmagazinmuenchen24-6773" />

	== About None ==		== About None ==
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	Don't Include:		Don't Include:

	* Any wording which directly states or implies that the business is/was illegitimate, or that a vulnerability existed.		* Any wording which directly states or implies that the business is/was illegitimate, or that a vulnerability existed.
	* Anything that wasn't reasonably knowable at the time of the event.		* Anything that wasn't reasonably knowable at the time of the event.
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	\|-		\|-
	\|March 16th, 2021 1:00:00 PM		\|March 16th, 2021 1:00:00 PM
	\|~~First~~ Event		\|Main Event
	\|~~This is an expanded~~ description of what happened and the impact. If multiple lines are necessary, add them here.		\|Expand this into a brief description of what happened and the impact. If multiple lines are necessary, add them here.
	\|-
	\|
	\|
	\|
	\|-		\|-
	\|		\|
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	== Total Amount Lost ==		== Total Amount Lost ==
	The total amount lost ~~is unknown~~.		The total amount lost has been estimated at $112,000 USD.

	How much was lost and how was it calculated? If there are conflicting reports, which are accurate and where does the discrepancy lie?		How much was lost and how was it calculated? If there are conflicting reports, which are accurate and where does the discrepancy lie?
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	== Total Amount Recovered ==		== Total Amount Recovered ==
	It is unknown ~~how much was recovered~~.		The total amount recovered is unknown.

	What funds were recovered? What funds were reimbursed for those affected users?		What funds were recovered? What funds were reimbursed for those affected users?
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	== References ==		== References ==
	[https://www.cryptovantage.com/news/fake-trezor-app-steals-600k-in-btc-time-to-your-rethink-crypto-security/ Fake Trezor App Steals $600k in BTC, Time to Rethink Crypto Security?] (Feb 25)		<references><ref name="cryptovantage-6702">[https://www.cryptovantage.com/news/fake-trezor-app-steals-600k-in-btc-time-to-your-rethink-crypto-security/ Fake Trezor App Steals $600k in BTC, Time to Rethink Crypto Security?] (Feb 25, 2022)</ref>

	[https://www.stadtmagazin-muenchen24.de/bitcoin-raub-in-muenchen-taeter-erbeuten-virtuelles-geld-im-wert-von-knapp-100-000-euro-87276 Bitcoin-Raub in München: Täter erbeuten virtuelles Geld im Wert von knapp 100.000 Euro] (Feb 28)		<ref name="stadtmagazinmuenchen24-6773">[https://www.stadtmagazin-muenchen24.de/bitcoin-raub-in-muenchen-taeter-erbeuten-virtuelles-geld-im-wert-von-knapp-100-000-euro-87276 Bitcoin-Raub in München: Täter erbeuten virtuelles Geld im Wert von knapp 100.000 Euro] (Feb 28, 2022)</ref></references>

Azoundria: Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/inpersongermantheft.php}} A 29 year old German man met a group of strangers to transact bitcoin, possibly to sell some of his coins. The group of three men then attacked him and snatched the phone. He called police immediately and the men were arrested shortly after. It is unclear if his funds were returned to him or not. This exchange or platform is based in Germany, or the incident targeted peo..."

2023-01-26T05:31:39Z

Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/inpersongermantheft.php}} A 29 year old German man met a group of strangers to transact bitcoin, possibly to sell some of his coins. The group of three men then attacked him and snatched the phone. He called police immediately and the men were arrested shortly after. It is unclear if his funds were returned to him or not. This exchange or platform is based in Germany, or the incident targeted peo..."

New page

{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/inpersongermantheft.php}}

A 29 year old German man met a group of strangers to transact bitcoin, possibly to sell some of his coins. The group of three men then attacked him and snatched the phone. He called police immediately and the men were arrested shortly after. It is unclear if his funds were returned to him or not.

This exchange or platform is based in Germany, or the incident targeted people primarily in Germany.

== About None ==
"A 29-year-old from Berlin wanted to trade Bitcoins in a parking lot in Munich-Feldmoching on Tuesday."

"As early as Tuesday, March 16, 2021, at around 7 p.m., a 29-year-old from Berlin met two unknown men in a parking lot on Dülferstrasse in Munich-Feldmoching. It was about a bitcoin business. The Berliner unlocked his smartphone and showed the men the contents of his electronic purse, the so-called wallet, which contained an amount in the high five-digit range."

"[The] German man had [the funds stolen] after unlocking the wallet on his phone (in order to prove his holdings) during a supposed face-to-face trade." "When he tried to show the supposed buyers the wallet with a high five-digit amount on his cell phone, the smartphone was snatched from him." "At that moment he was attacked by two other men. They grabbed and held him and snatched his mobile phone from his hand."

"The four perpetrators then fled in two cars."

"The 29-year-old from Berlin immediately notified the police and one of the two vehicles was found as part of the search."

"The police were able to locate and arrest the men from the Mühldorf district." "Inside [the car] were three suspects aged 21 to 29 from the Mühldorf district who were arrested."

"The second car could not be located. However, the police later arrested the fourth suspect, a 30-year-old from the Mühldorf district, after further investigation and search measures in Munich."

"Arrest warrants have been issued for three of the Bitcoin robbers. The investigations into this virtual money robbery are underway at Commissariat 21."

This exchange or platform is based in Germany, or the incident targeted people primarily in Germany.

The background of the exchange platform, service, or individuals involved, as it would have been seen or understood at the time of the events.

Include:

* Known history of when and how the service was started.
* What problems does the company or service claim to solve?
* What marketing materials were used by the firm or business?
* Audits performed, and excerpts that may have been included.
* Business registration documents shown (fake or legitimate).
* How were people recruited to participate?
* Public warnings and announcements prior to the event.

Don't Include:

* Any wording which directly states or implies that the business is/was illegitimate, or that a vulnerability existed.
* Anything that wasn't reasonably knowable at the time of the event.
There could be more than one section here. If the same platform is involved with multiple incidents, then it can be linked to a main article page.

== The Reality ==
This sections is included if a case involved deception or information that was unknown at the time. Examples include:

* When the service was actually started (if different than the "official story").
* Who actually ran a service and their own personal history.
* How the service was structured behind the scenes. (For example, there was no "trading bot".)
* Details of what audits reported and how vulnerabilities were missed during auditing.

== What Happened ==
The specific events of the loss and how it came about. What actually happened to cause the loss and some of the events leading up to it.
{| class="wikitable"
|+Key Event Timeline - In Person German Theft
!Date
!Event
!Description
|-
|March 16th, 2021 1:00:00 PM
|First Event
|This is an expanded description of what happened and the impact. If multiple lines are necessary, add them here.
|-
|
|
|
|-
|
|
|
|}

== Total Amount Lost ==
The total amount lost is unknown.

How much was lost and how was it calculated? If there are conflicting reports, which are accurate and where does the discrepancy lie?

== Immediate Reactions ==
How did the various parties involved (firm, platform, management, and/or affected individual(s)) deal with the events? Were services shut down? Were announcements made? Were groups formed?

== Ultimate Outcome ==
What was the end result? Was any investigation done? Were any individuals prosecuted? Was there a lawsuit? Was any tracing done?

== Total Amount Recovered ==
It is unknown how much was recovered.

What funds were recovered? What funds were reimbursed for those affected users?

== Ongoing Developments ==
What parts of this case are still remaining to be concluded?

== Prevention Policies ==
It is safest to transact with people you know or using trusted platforms. If performing a transaction involving a large sum, never meet alone. It is best to meet in a public place. Never bring a wallet with more funds than you are intending to transact. Using a multi-signature wallet can require two signatures. You can also take advantage of placing the funds in an escrow wallet while any transaction is settling.

== References ==
[https://www.cryptovantage.com/news/fake-trezor-app-steals-600k-in-btc-time-to-your-rethink-crypto-security/ Fake Trezor App Steals $600k in BTC, Time to Rethink Crypto Security?] (Feb 25)

[https://www.stadtmagazin-muenchen24.de/bitcoin-raub-in-muenchen-taeter-erbeuten-virtuelles-geld-im-wert-von-knapp-100-000-euro-87276 Bitcoin-Raub in München: Täter erbeuten virtuelles Geld im Wert von knapp 100.000 Euro] (Feb 28)