Who understands this! When I came across the news that Do Kwon was arrested and 'hiding a Trezor hardware wallet in his rectum, containing 10,000 bitcoins,' my coffee almost sprayed on the keyboard. Is the crypto world being treated like a fantasy novel? As an old analyst who has been immersed in the industry for eight years, I have seen outrageous rumors, but I have never come across anything so ridiculous that it violates physiological common sense and logical coherence. Today, I'll delve into the origins of this rumor and share some tricks regarding rumors in the crypto world to help you avoid being misled and paying an intelligence tax.
Let's rewind the timeline to March 2023, when Do Kwon, the central figure in the Terra/Luna crash, was arrested in Montenegro. As soon as the news broke, the crypto world exploded. After all, this guy had previously stubbornly claimed 'I will never run away,' only to turn around and try to escape with a forged passport. This stark contrast provided a breeding ground for rumors. Not long after, the claim of 'hiding a wallet in his rectum' began to circulate in various communities, with some people even vividly describing 'abnormalities discovered during customs inspection' and 'the wallet model is Trezor Model T,' with details so realistic that it almost made people believe it.
But if you think about it a bit, this matter fundamentally doesn't hold water. First of all, from a physiological perspective, no matter how compact the Trezor hardware wallet is, it is still the size of an adult's thumb and is hard in texture—how could it be hidden in the rectum? Not to mention whether it can fit, just the pain of moving it is something an ordinary person cannot endure. Is Do Kwon trying to escape or self-harm? Secondly, in terms of the amount, 10,000 bitcoins were worth tens of billions of dollars at that time; if he really had that money, would he need to escape clumsily with a forged passport? Finding a reliable compliant channel to transfer assets is a thousand times safer than 'hiding coins in the flesh'?
More critically, there is no authoritative source backing this rumor. I specifically went back to review all relevant reports from Reuters, Bloomberg, and the BBC at that time, all of which focused on 'arrested for forged passports' and 'accountability after the Terra collapse', without a single word mentioning 'hiding wallets' or 'special body checks'. To put it bluntly, this rumor is a typical 'meme-style prank' in the crypto circle. Someone leveraged the hot topic of Do Kwon's arrest to concoct an absurd story, which unexpectedly went viral due to emotional drivers, becoming more and more credible as it spread.
Here’s a useful point of knowledge for everyone: rumors in the crypto circle are never baseless; there are established patterns behind them. The first type is 'event-bound', like the recent arrest of Do Kwon or the previous disappearance of a founder from a leading project; whenever a major event occurs, someone will create rumors based on the event's popularity, using absurdity to attract attention. The second type is 'panic harvesting', such as fabricating claims that 'a certain exchange is about to go bankrupt' or 'a certain currency will be regulated to zero', triggering panic selling in the market, followed by a few people buying at the low. The third type is 'traffic grabbing', like this time's 'rectal hiding of coins', purely relying on vulgarity and absurdity to attract clicks, satisfying the curiosity of some people.
As an ordinary investor, how can I avoid being misled by these rumors? In fact, there are three points: check the source, discern the logic, and maintain a calm mindset. Any news that is not supported by authoritative media or official announcements should be questioned; any statement that goes against basic common sense (such as physiological common sense or economic logic) should be ignored; when encountering hot events, don't rush to follow the crowd in reposting or taking action—wait for the emotions to cool down and the information to be verified before making a judgment. After all, in the crypto circle, the first step to preserving your capital is not to be led by rumors.
Speaking of Do Kwon, he was later extradited to the United States for trial, and none of the information disclosed about the case mentioned the so-called 'hiding of coins'. Now looking back at this rumor, it can only be regarded as a dark humor joke in the crypto circle. But conversely, the fact that this rumor has spread so widely also indicates that many people's understanding of the crypto industry still lingers on the stereotype of 'barbaric growth'.
Finally, I want to ask everyone: what ridiculous rumors have you seen in the crypto circle? Did you believe them or see through them at a glance? Feel free to share in the comments and follow me@Square-Creator-0a44f19a1d7d9 #加密市场观察 $BTC .
