Scammers Seek to Steal Your Bitcoin

The number of scam sites that are being set up with the express purpose of stealing Bitcoin from the unsuspecting is on the rise. They often pretend to be connected with legitimate forks of the Bitcoin blockchain, and claim that they can assist you with accessing the associated cryptocurrency dividends.

In order to facilitate you receiving the dividend coins, these sites ask you to enter your Bitcoin wallet seed. This is a list of words that once revealed to the scammers, will enable them to access and steal your Bitcoin. A legitimate site will not ask you for this seed, nor your private key. Never give this information away, no matter what a site claims they will give you or why they say it is needed. There is only one reason and that is to part you with your Bitcoin.

The images above and below are typical of how these types of scam websites are set up. Please note that they are in no way connected to either SegWit2x or Bitcoin Diamond. The perpetrators go to great lengths to impersonate legitimate entities. The look of the fake sites or social media accounts can be almost identical to the real ones, as can the domain names or usernames. For example, one Twitter account I saw replaced the 'i' in 'Bitcoin Diamond' with an 'l' to make 'Bitcoin DIamond', and judging by the number of followers, this subtle deception had worked extremely well.

So keep your Bitcoin seed and private key to yourself, and your Bitcoin will be safe from the scammers seeking it.

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