I don't think that this topic belongs to this board, it should be in the altcoins section. What happened to the victim do happen to people that cannot keep their crypto investment a secret, rather they move around bragging and telling anyone that they are talking about cryptocurrency, how much they ha win crypto.

It should be someone that he has told or heard him saying it that must have attacked him and forced him to transfer his ether to their wallet. This is why we need to keep our cryptocurrency investment secret because you don't know will use that as an advantage to attack you. The first way of securing your crypto since you are your own bank is never to tell anyone that you have crypto, before the wallet security itself.

It is the same thing that will happen to anyone that keeps a food amount of fiat in his house and is bragging about it, robbers will visit you and take it from you with guns, machetes.

$5 wrench attack has a 8$ per round solution
https://www.luckygunner.com/50-cal-bmg-750-grain-a-max-match-hornady-100-rounds

Expect in pussy states where only rapist and drug dealers are allowed to smuggle guns.

Do you think these robbers can't force him to transfer the coins in centralized exchanges to their address? Lol.

$5 wrench attack applies to anything, regardless you hold it in non custodial wallet or centralized exchange and it's not only happen for cryptocurrency. Gold, cash, stock, cash in banks or anything that have a value.

IF, you live in a country where people legal to own gun or the country allow to kill criminals for self-defense (some country will put you in jail if you kill the criminals).

With how I talk only on things that doesn't involve cryptocurrency and not telling anyone about my investments, I can say that I'm pretty much doing fine and that I can guarantee myself being safe from a $5 wrench attack not to mention that where you live is also a really big factor because if your city is safe, you can never worry too much about things like that anymore because you know that crime is an unlikely thing to happen in your city and I'm lucky enough that I live in a place where the crime rate isn't that much prevalent. If this attack can ever be avoided, I'd say that it's for the best that you should create a decoy wallet or something like that, helps a lot to disguise how much you've got.

I just talked in the same context in my previous forum post. Keep the low profile, don’t gather unnecessary attention on yourself. That’s the key to the survival.

 Look what happened to Roger Ver, McAffee and many others. Even if you don’t get robbed by the street scum, the state will look for anything to put you behind the bars and they will find that something unless you know the law obsessively. They’ll go after you first because they know your name. They know you are rich.

The thieves follow the exact same pattern. They know your name, they know you are driving a lambo, boom then you are a nice target. That’s the life you will be living from that moment. A nice walking corpse with a target attached to your back.

Sooner or later, you will mess it up. Unless… you planned how not to mess it up since the beginning.

Being your own bank doesn't really have a downside. It is, being your own bank and having a LOUD mouth that definitely has its downsides.

As a holder of any crypto, your life is way easier when you are anonymous online. If you want to talk about bitcoin or crypto then use a moniker that no one can identify you by. Don't share any person information online, like pictures, house street and stuff like that. The dude is lucky to have gotten away without any injury, some others were. They were either kidnapped, maimed, and worse killed. I already have a thread on this and would add this story to the list.  It is the Physical Bitcoin and Cryptocurrency Attacks that Have Been Reported Worldwide from around 2014 to 2024. Take a look at the thread and you will be amazed as to how these attacks have increased each year, at least these are the ones that are public and reported.

According to the story narratives, how did they know that you're into crypto, this clearly shows that its because they are quite aware of your worth and involvement in cryptocurrency that led to their plan on raging an attack, this is why privacy is very important when we are into crypto, we must not always feels like showing our worth in public because we don't know who may be watching and tracking us for an attack.

From the other side of the story, physical assault or armed robbery can happen to anyone and this is what we should all be prepared for, but in such case, they may not have an idea on what we do or have if we are not making our worth open to the public for them to use against us, we so much talked about privacy but only few are considering this and taking control measures towards it.

This victim might not have told many people that he owns cryptocurrencies. Maybe he told just a few close friends or family members. There are some situations in which you will have to tell some close relatives that you own crypto like when they ask for investment advice. People you trust can arrange this robbery because they are aware of your hodling. There are several news of spouses, siblings, close friends, etc organizing criminal attacks on individuals.

Nevertheless, it is important to keep your worth secret. There was a report of an attack on a crypto user because he flaunted his wallet balance on social media. Some of these people do these crazy things to gain followers or to convince people to heed their advice. However, they fail to grasp the security risk involved in such publicity.

Oh but I wonder where people like Franky1 are in this Thread.  This is a great moment to under line AGAIN the necessity of Privacy in this unimaginably invasive World.

Some people got robbed, hurt or killed only because they had ONE moment they did not care for and decided to fill in the real information on the wrong place at the worst time.  For example.  When the Ledger data base leaked.  Even if you had 20 Dollars you could still be a target.  Hell.  You could of only purchased a Ledger for collectible purposes and you may still be put on a list.

Why.  Why ruin your whole life over a second of carelessness!  Please, PLEASE, care for your Privacy.  The little steps you make may lead to a huge discovery for the worst actor you could meet.  You could be living your life peacefully while some body plans on attacking you.

Had no body known where this guy lives.  He would of been safe.  You see Bitcoin Addresses containing BILLIONS of Dollars and no regular person can find who they are or where the Stash is located.  Please.  Start caring, it is crucial as you can clearly see in this Thread.

No one suspects that this is a made-up story? Some people make up stories like this because they are just psychopaths who want a little attention, some others maybe because they want to avoid paying taxes - but I wonder who, after such an event, instead of reporting everything to the police and contacting all possible CEXs in an attempt to block the funds, would go online and shared his story?

If I'm wrong, and the story is true, then it's not hard to conclude how the attackers knew he had such wealth in the house - he probably bragged online and practically invited them to visit him.