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Spotting scams before they spot you

Bitcoin’s irreversibility is a feature, and it’s why scammers love it. The good news: nearly every scam follows the same tired script.

Security·Beginner·4 min read
7 of 9 · Hold it without fear

Because Bitcoin payments can’t be reversed, scammers don’t need to be clever. They just need you to act fast and think later. Learn the patterns once and you’ll spot them from a mile off.

The red flags

  • “Verify your ” / “enter your .” Never. No real service asks for your recovery words. This is the big one.
  • Guaranteed returns. “Send 1, get 2 back.” Doubling schemes, fake giveaways, celebrity “airdrops”: all theft with a bow on it.
  • Urgency. “Act in the next 10 minutes or lose access.” Pressure is the tool. Slow down and the scam falls apart.
  • Unsolicited help. A “support agent” who DMs you first is a scammer. Real support doesn’t slide into your messages.
Urgency plus secrecy equals scam. Every time.

Real, or a scam?

1 of 6

A direct message from “Bad Wallet Support”

Bad Wallet Support@badwallet_help09:12

Hi! We’ve detected unusual activity on your wallet. To restore access, please verify your 12-word recovery phrase at badwallet-verify.com

Your defense

Slow down. Verify through official channels you found yourself, not links someone sent you. And remember the golden rule: your seed phrase stays with you and only you, forever.

When in doubtAsk the guide before you act. Describing the situation in plain English to a listener that won’t pressure you is a great way to break the spell. Real opportunities can wait five minutes; scams can’t.

In Bad Wallet

The question every one of those scams opens with is one we can’t ask.

Your recovery words are made on your phone and never sent to us. There is no field on our side to type them into, no support agent who needs them, and nothing we could hand over if we were asked. Anyone claiming otherwise isn’t us.

The one thing to remember

Nobody legit asks for your seed phrase or guarantees returns. Urgency + secrecy = scam.

Security · 7 min

Decoy wallets, duress PINs, and the $5 wrench

Most security advice is about hackers. But what if the threat is a person who can simply make you hand it over? Decoy wallets, duress PINs, and a few other tricks for the human side of security.

Intermediate

Hold it without fear