Withdrawing money from a cold wallet into my current account

[Deleted User]

I would send them the $2,000 immediately. You seem to trust them and they've been decent enough to contact you.
This could an unexpected moment of good fortune. I'm sure the man will guide you!

boingy

It would be a strange fraudster that nicked your money, invested it then wanted to give you back the proceeds.
A more clear scam you will never see. Avoid.

Sg28

grumbler said:

cooper9 said:

Thanks for all your comments but I have my own legitimate cold wallet with funds in there.

How do you know that it's 'legitimate'? Most likely, you created this so called 'wallet' on the fraudsters' own website and see there what they want you to see. BTW, nice word - "titanium". I wonder why not "platinum".

I’m asking if I can take my funds out of this account into my current account without any involvement from anyone else.

If you could you wouldn't be here asking questions.

The words "my own legitimate cold wallet" suggest that the OP actually owns and has physical possession of the cold wallet.

However it could be that the scammer has convinced the OP the the cold wallet is physically held by them which if that is the case he would have no access to see its contents. 

Or it cold be that the term cold wallet is just being used by the scammers to confuse the victim. 

Sg28

masonic said:

cooper9 said:

I have a titanium wallet (cold wallet) with a large amount of assets in but the available assets show $0.

Was it one of these? https://ridge.com/collections/titanium
Perhaps the whole thing was a scam from start to end. Scammers often come back to try to get a second bite of the cherry by promising to recover money the victim has already lost for a fee. If someone really had stolen your $250, then you'd be entitled to that back if it was recovered. You wouldn't be entitled to "a significant amount of money back" if that meant a sum in excess of the $250.

Those aren't cold wallets, they are normal wallets that hold physical cash or cards. 

Cold wallets are offline storage for crypto assets. https://trezor.io/ for example. 

Never heard of titanium brand or make of cold storage wallet. Although Titanium is often used to engrave crypto seed phrases as its fireproof and rust proof. 

So probably the scammers trying to bamboozle with big tecnhical words. 

masonic

Sg28 said:

masonic said:

cooper9 said:

I have a titanium wallet (cold wallet) with a large amount of assets in but the available assets show $0.

Was it one of these? https://ridge.com/collections/titanium
Perhaps the whole thing was a scam from start to end. Scammers often come back to try to get a second bite of the cherry by promising to recover money the victim has already lost for a fee. If someone really had stolen your $250, then you'd be entitled to that back if it was recovered. You wouldn't be entitled to "a significant amount of money back" if that meant a sum in excess of the $250.

Those aren't cold wallets, they are normal wallets that hold physical cash or cards. 

Cold wallets are offline storage for crypto assets. https://trezor.io/ for example. 

Never heard of titanium brand or make of cold storage wallet. Although Titanium is often used to engrave crypto seed phrases as its fireproof and rust proof. 

So probably the scammers trying to bamboozle with big tecnhical words. 

I know what a cold wallet is, but the only Titanium wallet I've ever come across is the one linked. Hoping my posting the link helps the OP consider the stupidity of what they have been told.

EthicsGradient

Sg28 said:

grumbler said:

cooper9 said:

Thanks for all your comments but I have my own legitimate cold wallet with funds in there.

How do you know that it's 'legitimate'? Most likely, you created this so called 'wallet' on the fraudsters' own website and see there what they want you to see. BTW, nice word - "titanium". I wonder why not "platinum".

I’m asking if I can take my funds out of this account into my current account without any involvement from anyone else.

If you could you wouldn't be here asking questions.

The words "my own legitimate cold wallet" suggest that the OP actually owns and has physical possession of the cold wallet.

However it could be that the scammer has convinced the OP the the cold wallet is physically held by them which if that is the case he would have no access to see its contents. 

Or it cold be that the term cold wallet is just being used by the scammers to confuse the victim. 

The OP described the wallet thus:
"With guidance from the man, I set up a cold wallet and I can now see funds (in dollars) sitting in my cold wallet account."
That "guidance from the man" probably covers a multitude of sins. Whatever was set up, it sounds like it's under the control of "the man" who contacted our thread starter out of the blue, with knowledge of how they were conned a few years ago. It seems almost certain it's all been done to confuse them.

QrizB

Questions for the OP (if they ever come back):

1. You lost $250. How much has "the man" told you you're going to get back?
2. Where does "the man" want you to send £2000?
3. This cold wallet. Where exactly is it? How do you know it even exists?
   

cooper9

titaniumwallet.io

janusd

cooper9 said:

titaniumwallet.io

to which the first results on google are...

titaniumwallet.io Reviews: Is this site a scam or legit? - Scam Detector (scam-detector.com)
titaniumwallet.io Reviews | scam, legit or safe check | Scamadviser

that should answer your original question.

AmityNeon

From a cursory glance, here are major red flags:

• Domain was registered on 14th Jan 2024 (two weeks ago)
• No apps on any official app store
• Web app registration page links to non-existent Terms of Service
• Their previous domain/name was registered on 7th October 2023, which no longer works (doesn't resolve)
• Their social media presence also began in October 2023, under their previous name
• Facebook page has one Like and one Follower
• Twitter profile has two Followers
• Promotional material silently transitioned to the current name when the new domain was registered on 14th Jan 2024

It's easy to be lured into a rabbit hole and feel that temptation, but it's exactly why scams like these can be successful (and victims are even convinced to boldly lie to their own banks), so please STOP entertaining the idea that any of this is legitimate.