Quote from: Zaguru12 on August 04, 2025, 04:32:42 PM

This same scam wallet on Apple Store was actually warned to be fake by Cygan early February and now some is losing such an amount of bitcoin on such wallet.

The app Cygan talked about in February is a different one. It was also for Sparrow Wallet, but it's not the one that Jimmy installed. If you compare the two images you will notice differences. Jimmy's is called "Sparrow Multi-Sig", the image Cygan uploaded shows a software with the name "Sparrow Wallet." The developer names are also different as is the age of the users it's meant for.

Quote from: Ruttoshi on August 04, 2025, 04:35:19 PM

He should have just continue yo use sparrow desktop wallet and his hardware wallet. Does sparrow wallet have a desktop version currently? Or am I missing something.

Do you mean a mobile wallet? Sparrow is a desktop-only wallet. It supports Windows, Linux, and macOS.

Quote from: sokani on August 04, 2025, 05:33:30 PM

Such a large amount should have been stored in an air-gapped device or a hardware device and not a hot wallet in the first place.

The bitcoin was stored in an airgapped hardware wallet > the Coldcard Q. However, something possessed the victim to enter his seed into a hot wallet.

Quote from: BitGoba on August 04, 2025, 06:01:23 PM

This story seems a bit strange to me, and I doubt its authenticity. The guy presents himself as a bitcoiner who uses a Coldcard. If someone truly understands Bitcoin and uses a Coldcard, that’s an advanced user who definitely knows how important it is to never enter the seed phrase online.

That’s why this feels more like yet another FUD aimed at slowing down Bitcoin adoption and scaring everyday users away from moving to self-custody. Just like the stories about quantum computers and other “end-of-Bitcoin” narratives that occasionally surface in the media.

Who knows. Maybe he had help when he set up his Coldcard. The timing is also an important aspect in this story. Coldcard Q is a relatively new device. It came out in 2024, perhaps 2023. How did he store his bitcoin before that? He has also attached some images in his X post that are supposedly FBI reports.

Quote from: dkbit98 on August 04, 2025, 08:29:23 PM

I see he is now asking for donations and begging for more BTC, that is red alert for me.
Personally I would never send coins to anyone like this, there is a good chance he is going to repeat something similar in future.

PS
Nobody donated so far:

Code:

bc1q96ae7c4zk28ty5ne6u7xpl8ugnf8uc5l787l5g

He has raised more than $7,000 with his gofundme campaign, though.