I've seen those posts many times. Thanks for covering this. One of the best crypto channels on the Tube. Practical information and not just a token-pusher. Thank You.
🚨 Beware of this sneaky scam! 🚨 Scammers post 12-word seed phrases in RUclips comments, pretending to need help. It’s a multi-sig wallet trap designed to steal your Tron if you try to withdraw the funds. Always stay cautious and NEVER touch seed phrases from strangers! Let’s discuss in the comments below. Stay safe!
Thanks for alerting to this scam. At first I thought it was going to be an NFT with a rogue link to follow! I didn't expect what you showed. Makes me wonder why they don't choose layer 1 ETH instead and attract an ever bigger deposit!
Thanks for the heads up, I never heard of this scam before. I mean I would never try and steal anyones money either. It's still nice knowing about them.
Thanks for sharing this, in 5 - 10 years where crypto get mass adopted this type of scams will happen again. Glad we all know their modus operandi now than later.
Anyone with some sort of experience in crypto should ask themselves, why are their giving out their seed? 😒 🤔. If u fall for it than u deserve to be scammed. Regardless thanks for the explanation. I never seen this type of scam b4
I JUST GOT SCAMMED OF THIS WHY DID I NOT GET THIS EARLIER. The wallet had 8000 USD, and when I put TRX in it transfers it away, but it says its a multi-sig anyway so you couldnt even if the TRX stayed
i almost got scammed but when i saw the 2 factor to do the swap/transfer i just understood that was a scam, so take care guys theres no ez money in life
Question Cryptodad ; I don’t live in the USA but in europe, have good internet access etc but not the same $$$, by your standards im poverty line poor. I invested about 700$ in coins about a year ago and just by spot trading now have about 1500$.. but trading fees are killing me and i want to very slowly move out of spot trading and work on longs and shorts etc but i will be the first person to put my hand up and say I have no clue. What is the best/cheapest way to reduce commision charges and whats the best way to trade margins in such a way that i have a set limit so if I xxxx it up, i just lose X amount.. Many thanks!
But that's incorrect it's not a multi sig wallet , because multistig wallet can't have it's own seed phrase, only individuals who are participants of multi sig wallet have seed phrases , and individual wallets balances are not synced with other , multisig wallet balance is different, so definitely that scam wallet is an individual wallets linked to some robot as soon as robot detects deposit it withdraws
@CryptoDad yeah because the malware (robot) who instantly drain the deposit, has locked the transaction signing of anyone else other than the malware itself , that's why it says "key missing" or like that error, at blockchain level such system is made , but the fact is that if the wallet has seed phrase itself it can't be a multisig wallet because a multisig wallet don't have seed phrase for itself
Great analysis, thank you! I need some advice: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?
Always wondered how the scam worked since I see them all the time. Thanks for sharing.
I've seen those posts many times. Thanks for covering this. One of the best crypto channels on the Tube. Practical information and not just a token-pusher.
Thank You.
I appreciate that!
🚨 Beware of this sneaky scam! 🚨
Scammers post 12-word seed phrases in RUclips comments, pretending to need help. It’s a multi-sig wallet trap designed to steal your Tron if you try to withdraw the funds. Always stay cautious and NEVER touch seed phrases from strangers! Let’s discuss in the comments below. Stay safe!
Thanks for alerting to this scam. At first I thought it was going to be an NFT with a rogue link to follow! I didn't expect what you showed. Makes me wonder why they don't choose layer 1 ETH instead and attract an ever bigger deposit!
True
Thank you for the warning
Hey Rex cheers for all the updates my friend as they are very useful
Thanks for the heads up, I never heard of this scam before. I mean I would never try and steal anyones money either. It's still nice knowing about them.
Thank you CryptoDad for alerting us to this scam.
once again thanks for very clear explanations please keep up the good work !
Thanks for the explanation, I have seen this, and immediately understood it was a scam. But I did not know the details about how it works.
Glad it was helpful!
"this greenhorn" 🤣thanks for sharing, Rex.
You bet
Learned something new today.
Thanks for sharing this, in 5 - 10 years where crypto get mass adopted this type of scams will happen again. Glad we all know their modus operandi now than later.
thank you. your content is very helpful. as a noob, i reference your videos a lot.
Happy to hear that!
Thanks for enlightening me i had seen this in my comments and wondered what it was 🙏
You’re welcome 😊
Great video Cryptopapa!
Great information 👍
Anyone with some sort of experience in crypto should ask themselves, why are their giving out their seed? 😒 🤔. If u fall for it than u deserve to be scammed.
Regardless thanks for the explanation. I never seen this type of scam b4
On the contrary, I would say : "fall into the scam" (if you are a thief too )😂😂😂😅😅🎉
I JUST GOT SCAMMED OF THIS WHY DID I NOT GET THIS EARLIER. The wallet had 8000 USD, and when I put TRX in it transfers it away, but it says its a multi-sig anyway so you couldnt even if the TRX stayed
If you wish to reinvent
I can guide you
i almost got scammed but when i saw the 2 factor to do the swap/transfer i just understood that was a scam, so take care guys theres no ez money in life
so the thief is trying to catch a thief and the saying goes there is no honor amung thieves
Question Cryptodad ; I don’t live in the USA but in europe, have good internet access etc but not the same $$$, by your standards im poverty line poor. I invested about 700$ in coins about a year ago and just by spot trading now have about 1500$.. but trading fees are killing me and i want to very slowly move out of spot trading and work on longs and shorts etc but i will be the first person to put my hand up and say I have no clue. What is the best/cheapest way to reduce commision charges and whats the best way to trade margins in such a way that i have a set limit so if I xxxx it up, i just lose X amount..
Many thanks!
Too many scams.
Wow just wow
Hello. Do you have any Black Friday codes for buying the Ledger Flex please?
ruclips.net/video/BXShTGgMgS8/видео.html
interessant . Thank you.
😱. Thanks 🙏
Thanks for the explanation. If you find something on the Internet that is too good to be true hah dont do it. 👍
Hi Crypto Dad, i still hold AGIX in my ledger and i wanna make it FET! Please help withba very short video 😢
Ha, one of them I commented on the other day 😂😂😂😂
As Michael Saylor says..every one will get Bitcoin at a price they deserve...
But that's incorrect it's not a multi sig wallet , because multistig wallet can't have it's own seed phrase, only individuals who are participants of multi sig wallet have seed phrases , and individual wallets balances are not synced with other , multisig wallet balance is different, so definitely that scam wallet is an individual wallets linked to some robot as soon as robot detects deposit it withdraws
Thanks for pointing that out. All I know is if you attempt to make a withdrawal it says "key missing" (when using Trust wallet)
@CryptoDad yeah because the malware (robot) who instantly drain the deposit, has locked the transaction signing of anyone else other than the malware itself , that's why it says "key missing" or like that error, at blockchain level such system is made , but the fact is that if the wallet has seed phrase itself it can't be a multisig wallet because a multisig wallet don't have seed phrase for itself
Nice Scam! :)
Great analysis, thank you! I need some advice: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?
Watch this video scammer!
If you live in the 3rd world a few dollars can feed people
True.
If you live in 1st world you can barely walk out the door without spending it cause nearly everything costs money
I tried messaging you on x but it won't allow because I'm not verified