Tech journalist breaks first rule of holding cryptocurrency, loses $30,000

Tech journalist breaks first rule of holding cryptocurrency, loses $30,000


It’s never funny when someone is scammed or robbed of their cryptocurrency. It’s especially bad when the victim is at the mercy of attackers and seemingly can’t do anything to get their money back. That’s the situation tech journalist Monty Munford has been left in after losing over $30,000 (£25,000) worth of cryptocurrency. The writer and journalist shared his account with the BBC as a warning to Bitcoin beginners who might be thinking about making their first step in to, as Munford put it, “the murky world of cryptocurrency investment.” How Munford lost his cryptocurrency is painfully simple and it boils down to breaking…

This story continues at The Next Web

Tech journalist breaks first rule of holding cryptocurrency, loses ,000
Source: The Next Web

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