#141- She Lost Her Life Savings In 2 Hours!!

Join Matthew's Crypto Collective community for FREE and kickstart your crypto journey! How to retire early & wealthy, how to navigate crypto, how to convert your Super to Bitcoin and expert strategies from a multi 7-figure investor: 👉 https://www.skool.com/matthewfraserIn this episode, Matthew delve into the alarming world of cryptocurrency scams, emphasizing the importance of controlling your private keys to truly own your Bitcoin. We explore notorious incidents like the Bitfinex hack and the Mt. Gox losses, alongside various modern scams that are becoming increasingly sophisticated. The narrative unfolds with a cautionary tale of a seemingly innocent online purchase that spirals into a devastating loss of $500,000 worth of Bitcoin. Listeners will learn how scammers manipulate individuals through phone calls and deceptive tactics, leading them to unwittingly relinquish their assets.👉 COINSTASH: #1 Australian Crypto Exchange for your SMSF Sick of your super sitting in stale shares and managed funds? With Coinstash, you can take control of your SMSF and invest directly into crypto. Get $100 free Bitcoin when you open a new SMSF account: 👉 https://coinstash.com.au/auth/signup?a=cryptocollective 👉 COINSTASH: #1 Australian Crypto Exchange for personal use Just getting started? Open a personal Coinstash account, make your first deposit, and you’ll get $20 in Bitcoin to kick things off. 👉 https://coinstash.com.au/auth/signup?a=cryptocollective 👉 𝗣𝗥𝗢𝗧𝗘𝗖𝗧 𝗬𝗢𝗨𝗥 𝗕𝗜𝗧𝗖𝗢𝗜𝗡 - 𝗙𝗥𝗘𝗘 𝗖𝗢𝗡𝗦𝗨𝗟𝗧𝗔𝗧𝗜𝗢𝗡! Stop worrying about the security of your Bitcoin and let the cyber security experts, The Bitcoin Way, take the stress away. Book a free 30-minute consultation here: 👉 https://bit.ly/TheBitcoinWay-Schedule-a-Call 👉 𝗪𝗢𝗥𝗞 𝗪𝗜𝗧𝗛 𝗨𝗦. Collabs, sponsorships, and cool stuff, hit us up at: [email protected] Avoid fakes- Follow the ‘real’ Matthew Fraser: https://www.instagram.com/immatthewfraser/ https://www.tiktok.com/@immatthewfraser https://www.facebook.com/immatthewfraser/ https://x.com/MatthewFra87388 https://bit.ly/MatthewFraserLinkedIn Timestamps:00:02:50 - Real-Life Scam Example00:03:31 - Why Scammers Target Crypto00:04:44 - The Mt. Gox Disaster00:05:56 - The Bitfinex Hack00:07:01 - The FTX Collapse00:08:04 - Common Scamming Methods00:09:41 - Phishing and Social Engineering00:11:47 - Rug Pulls and Pump and Dumps00:13:54 - Protecting Your Bitcoin: Top Tips00:18:00 - Currency Debasement: A Hidden Scam?

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