How to Keep Your Bitcoin Safe from Social Engineering ❤️

A few days ago, 3,520 BTC (worth over $330 million) was stolen from an OG Bitcoin elder who had held the coins for over 8 years. The theft was executed through social engineering, not hacking.

The attacker convinced the victim to give up access, washed the funds through instant exchanges, and converted them into Monero (XMR). Yes, that's why it rose 50% in a day 🤷‍♀️

Don’t want to end up in a headline? Then take your security seriously. Here’s how 👇

⏺Use a hardware wallet. Storing coins on exchanges or browser wallets is asking for trouble. Cold storage devices like Ledger or SafePal are your first line of defense.

⏺Never store your seed phrase on your phone, computer, or in the cloud. Write it down and keep it offline, ideally in metal or split across safe locations. Never share it with anyone.

⏺Ignore all unsolicited “technical support.” If someone asks for your seed or offers to “recover” your wallet, it’s a scam. No exceptions.

⏺Don’t click on random links or scan QR codes. Many scams start with just one click. Only use official sites and verify everything you install.

⏺Use a clean device for crypto. Don’t manage your keys on the same phone or laptop you use for social media, shopping, or browsing.

⏺Stay quiet. The more people know you own crypto, the more of a target you become. Don’t share balances or display wallets online.

⏺Social engineering attacks are designed to make you feel just safe enough to lose everything. Be paranoid about anyone contacting you about crypto — it’s part of the job.

#FAQ

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