Props on all of you public detectives who spammed CZ with the information.
Hopefully the hackers will not only fail to liquidate the assets, but also get caught.
Topic: Binance freezes stolen Cryptopia funds - page 2. (Read 17314 times)
Are you sure Binance take freezes their asset, my opinion is not true because Binance is the greatest exchange market and impossible could make freezes balance, we have trust Binance is the best market and have higher secure of quality.
If criminal proceedings are instituted and the investigating authorities have applied to this exchange with an official document on the imposition of arrest on specific cryptocurrency wallets placed on their stock exchange, the exchange must fulfill these legal requirements, or it becomes an accomplice to the committed fraud. Some not very smart scammers caught. Apparently, they quickly wanted to cash the stolen property on another stock exchange, but did not have time. It is very good that this idea they have failed. Too often, hackers began to steal cryptocurrency from various exchanges, this can cause great harm to the cryptocurrency as a whole.
Nice move from binance, it makes their reputation better and imo they are truly supporting crypto community. A bit strange behavior from that hacker, are they really want to stole the money or just make fun to ruin binance reputation? Or maybe this is just bad competition between exchange? Too many question in my mind about this cryptopia hack.
I hope that this steps will take all cryptocurrency exchanges to fight hackers in a timely manner. Such actions will help create a healthier crypto community with a high degree of security. True, I have heard that the management of the exchange is also often concerned with the theft of cryptocurrencies from the Cryptopia exchange, which can have a very negative effect on people's attitudes towards the exchanges in general. I hope that everything will be resolved safely, because now there is already quite a lot of negativity regarding cryptocurrencies.
Cryptopia hacker moves stolen crypto to Binance; Community alerts Changpeng Zhao (Binance CEO) and Funds Are Frozen.
"Just checked, we were able to freeze some of the funds. I don’t understand why the hackers keep sending to Binance. Social media will be pretty fast to report it, and we will freeze it. It’s a high risk maneuver for them."
— CZ Binance (@cz_binance) January 16, 2019
This is of course my assumption but perhaps hackers are trying to spoil the reputation of the exchange or they just thought that the transaction will take place quietly on the exchange with a huge volume in trade. "Just checked, we were able to freeze some of the funds. I don’t understand why the hackers keep sending to Binance. Social media will be pretty fast to report it, and we will freeze it. It’s a high risk maneuver for them."
— CZ Binance (@cz_binance) January 16, 2019
Cryptopia hacker moves stolen crypto to Binance; Community alerts Changpeng Zhao (Binance CEO) and Funds Are Frozen.
"Just checked, we were able to freeze some of the funds. I don’t understand why the hackers keep sending to Binance. Social media will be pretty fast to report it, and we will freeze it. It’s a high risk maneuver for them."
— CZ Binance (@cz_binance) January 16, 2019
i also read it on twitter, do you think cryptopia could still recover at least 50% of the funds hack "Just checked, we were able to freeze some of the funds. I don’t understand why the hackers keep sending to Binance. Social media will be pretty fast to report it, and we will freeze it. It’s a high risk maneuver for them."
— CZ Binance (@cz_binance) January 16, 2019
So binance can freeze your account? hmm.. okay then back to the subject, how come they send the funds straight to binance not considering that they can be traced? Considering the fact that they HACKED an exchange. They must have known that.
Hey, someones thinking outside the box. Like the bigger question - What happens with these tokens now that they are Frozen IN Binance?
Lol, So are these now Binances tokens now? After some 5year wait time they get forfieted...
ha, I bet some policy like that starts happening in the next few years with exchanges and dormant accounts.
I suppose, one should be happy a hacker didn't profit. But now you have some Multi-Billion $$ daily-volume exchange getting it... fo free
Nice maneuver made by Binance and good to see that they were able to track the fund that came from cryptopia. Anyone has an idea on how much that 'some' funds was?
Maybe I think that way, the thief is too stupid and doesn't know that the Binance system exchange is very good for that. Yes, hopefully the Binance system will continue like this so that users who trade at Binance will be very safe from thieves.So I guess another angle has surface, perhaps it was a inside job or something. Let's see how it pans out.
Or he was just too careless and confident that the funds he stole will never be tracked by Binance. But good to see that Binance do act with such hackings once it penetrated to their exchange addresses.But good to see that Binance do act with such hackings once it penetrated to their exchange addresses.
Base on some of his tweets, some people on social media did report the transfer to binance and to CZ that's why they act immediately.
Are you sure Binance take freezes their asset, my opinion is not true because Binance is the greatest exchange market and impossible could make freezes balance, we have trust Binance is the best market and have higher secure of quality.
That's why you didn't get a single merit because of your trust on binance But good to see that Binance do act with such hackings once it penetrated to their exchange addresses.
Base on some of his tweets, some people on social media did report the transfer to binance and to CZ that's why they act immediately.i am more curious about what they are going to do with those coins. are they going to send it back to cryptopia or will they keep it for themselves? 
High chance they will give it back to the rightful owners, no reason to keep it as theirs.For an exchange, binance is proving to be a very secure option for security.
They might be the most secured exchange today but it doesn't mean that the site can't be hacked.
Lol I don't think hackers would put their stolen coins immediately to other exchanges like Binance. What do you think of those hackers, a child? Hackers were genius and you cannot trick them.
I think it's actually happened because binance is the highest trustworthy exchange.Yeah hacker is very clever man, he never do childish activities?
Without transferred in other exchange how convert this token like BTC or ETH.
If i were the hackers i would store my stolen coins immediately on my hard wallet like ledger nano. I would wait the situation to cool down before i gradually transfer my coins spreading to 4 or 6 exchanges. If you rob a bank would you immediately deposit the stolen money into other bank?
nan you had to be more clever than that. the addresses would be watched like a hacked no matter how long you waited.T he only way to do it is keep mixing it with clean etherum sending it from etherum wallet to etehrum wallet with clean funds getting mixed through the whole time.Th en afterward use something like shapeshift to monero . Move the monero around the few times then back to bitcoin then cash out
What was the reason for hacking Cryptopia just to deposit it into another exchange? Is the hacker a retard?
Maybe the hack against Cryptopia is fake and the owners were just trying to send the coins to Binance to rake in their profits and shutdown the site.
But I doubt it considering that Cryptopia although slow with customer reports has been around for years.
Maybe the hack against Cryptopia is fake and the owners were just trying to send the coins to Binance to rake in their profits and shutdown the site.
But I doubt it considering that Cryptopia although slow with customer reports has been around for years.
For an exchange, binance is proving to be a very secure option for security.
Imagine being so smart and hacking bitcoins from the exchange but then being so dumb and sending those in large amounts in the biggest exchange in the market 
that is a very strange move by the hacker! there are already many ways to exchange coins with each other and there is also mixing techniques that could be used to make it harder and even impossible to trace the coins!
I read that most of the assets were ERC-20 tokens -- probably very hard to mix due to lack of market liquidity. I imagine the hacker was hoping to quickly wash the coins, withdrawing fresh coins from Binance that they could easily sell elsewhere. With everyone bound to be watching Cryptopia's wallets sooner than later, I'm sure they wanted to wash them quickly.
it looks like Binance is using this chance to advertise their own exchange as much as they can! so far they have been so active after this hack and have been all over the news with their "warnings" about not leaving your coins on exchanges and now this one talking about how they froze coins there were deposited.
i am more curious about what they are going to do with those coins. are they going to send it back to cryptopia or will they keep it for themselves?
I dont think binance we do this for publicity stunt. Binance has made their name for a long time and I do not believe they are lying. i am more curious about what they are going to do with those coins. are they going to send it back to cryptopia or will they keep it for themselves?
I do not understand why they act like that. How is it possible that protected exchange hackers sent stolen money to the central exchange as an illogically. IMO there is an incomplete gap.
On the other hand, if you pay attention, exchanges can manage account as they wish. I am not on the side of hackers but this is proof that these exchanges can take away our freedom.
On the other hand, if you pay attention, exchanges can manage account as they wish. I am not on the side of hackers but this is proof that these exchanges can take away our freedom.
Lol I don't think hackers would put their stolen coins immediately to other exchanges like Binance. What do you think of those hackers, a child? Hackers were genius and you cannot trick them.
I think it's actually happened because binance is the highest trustworthy exchange.Yeah hacker is very clever man, he never do childish activities?
Without transferred in other exchange how convert this token like BTC or ETH.
If i were the hackers i would store my stolen coins immediately on my hard wallet like ledger nano. I would wait the situation to cool down before i gradually transfer my coins spreading to 4 or 6 exchanges. If you rob a bank would you immediately deposit the stolen money into other bank?
that is a very strange move by the hacker! there are already many ways to exchange coins with each other and there is also mixing techniques that could be used to make it harder and even impossible to trace the coins! i am wondering why someone who were able to "hack an exchange" doesn't already know this!
was it an inside job by a dumb employee who got access to the keys?!
was it an inside job by a dumb employee who got access to the keys?!
Exactly, why would a supposed to be intelligent and smart hacker/s will simply move the tainted coins to a exchange, not just any exchange for that matter, but the top exchange we have right now. LOL. It doesn't really makes any sense. Even a casual crypto enthusiast knows how to used mixing services or tumbler to obscure the finger prints. So I guess another angle has surface, perhaps it was a inside job or something. Let's see how it pans out
And if it was an inside job, what difference does it make then? If someone was wise enough to pull it off, the same question should be asked, i.e. why move funds to an exchange which is known to freeze allegedly stolen funds in the past? As a conspiracy theory, let's assume that it is an event or act in some bigger play, which may not have to do anything with stealing coins. So it could be someone going after Cryptopia but without the intention of actually stealing money from it (i.e. without hurting their clients in a big way)
What d'ya think?
I think that hackers are not upset that the developers of the exchange will find their account on the exchange. Let's hope people get their money back.
Lol I don't think hackers would put their stolen coins immediately to other exchanges like Binance. What do you think of those hackers, a child? Hackers were genius and you cannot trick them.
I think it's actually happened because binance is the highest trustworthy exchange.Yeah hacker is very clever man, he never do childish activities?
Without transferred in other exchange how convert this token like BTC or ETH.
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