Topic: Exchange Hacked - Thief Caught? - page 3. (Read 906 times)
I do not think the task is so easy and in such a short time it is possible because I think hackers are smart enough. So in the same way, I think that I will take a little time, but above all, one thing that everyone knows, I also say again, "the truth will win, and hackers will get punished" It is my belief.
Hackers can be caught if they are not careful. Usually, those newbie hackers can easily be tracked, however, we can say that there are lots of hackers who are really above intelligent and they know their way out or at least how to cover their tracks. Maybe a good case study in the Binance hack, all eyes are on those addresses and let's see how hackers will avoid those blockchain forensics and if he/she/they will be able to exchanges those coins to fiat.
Can those hackers who steal coins from online wallets be identified and arrested? Any news before that anybody were arrested?
Yes, they can be tracked using the blockchain. At some point they must convert their cryptocurrency to fiat to reap the rewards of their hack, and it is at that point that they are vulnerable. Generally, hackers who steal relatively small amounts have an easier time getting away with their crimes. The larger the amounts of the hacks, the more of a chance of getting caught and having funds frozen.
Hackers will be detected, whoever they are and how sophisticated they hack sites / networks. If he hacked the company network, just waiting for a report from the company about the losses. If an investigation order is issued, law enforcement officers can follow up on this case and can use third party services to assist with the investigation. In general, the internet has two opposite sides, in reality hackers will remain anonymous. but digitally their tracks will be tracked by the providers they use.
Yes ofcourse,hackers uses VPNs or different ip hiding their identity when hacking something but when a group of scammer leaves a small hole on how they hack the system and leave ip traces this is where they got arrested.But there are just some proffessional hackers that always do the work clean and leave no traces
Yes, they can get caught. Here in my country there are frauds that are related to cryptocurrency and they are arrested for doing it. Which gives a bad reputation to cryptocurrency. But still, there are a lot of hackers who are not caught because of the anonymity and so meaning we have to be extra careful and not store our funds in the exchange sites.
hacking exchange market isn't something new on cryptocurrency, but thief caught? that would be something rare happend, many chase but thief walk free out of there.
Some hackers aren't good enough for tracks cover after they might have carried out their stupid act. One thing for one to hack, and another to cover the mess which seem very difficult sometime to many unprofessional hackers, which by another professional, their true identity can be reveal if they aren't good in cleaning up messes after hack. Hackers are been caught and not something difficult, if not done in a proper way.
It depends, if hackers use a wallet that not ask kyc to use it then is hard to indentify them and after to sue them and recover coins if are not selled, maybe in future exchanges should take more measures to store more safe the coins or maybe in future will be asked a video when login to see if is same person who access the exchange, but also for this a person need to give access to someone from family if something happen so the funds to not be lost.
hacking exchange market isn't something new on cryptocurrency, but thief caught? that would be something rare happend, many chase but thief walk free out of there.
Very rarer I have not seen cryptocurrency scammers or hackers been caught before and this is the first thread am hearing such but the fact is it possible that a hacker may be trace and apprehended but it a very difficult quest and at the same time on a rarer occasions that such event have happen I hope in the future we will have more of those incidence.
I think there is need to always track the hacker and get them arrest to eliminate the future occurrence , because the way it is known for not traceable makes them believe they will go free with the bad deal and if many or any that commit such are always brought to book then the other will rethink before considering it as a means of survive.
hacking exchange market isn't something new on cryptocurrency, but thief caught? that would be something rare happend, many chase but thief walk free out of there.
In many case this come to be a inside job like this:
https://www.crypto-news.in/news/breakthrough-coinsecure-hack-former-cso-admits-logging-server/
I am not able to find about current progress in this case.
you should verify if exchange is registered as a business or not. In some cases there are scam exchanges.(no need of hack, you are directly giving money to scammers.)
https://www.crypto-news.in/news/breakthrough-coinsecure-hack-former-cso-admits-logging-server/
I am not able to find about current progress in this case.
you should verify if exchange is registered as a business or not. In some cases there are scam exchanges.(no need of hack, you are directly giving money to scammers.)
if the hackers are very knowledgeable on hacking at the same time they know how to escape any loopholes on how they are able to trace then it would be hard for the authority to found them but if they only know hacking and they dont have any knowledge to make an untraceable transaction most likely they will gonna caught specially when they will use their personal address wherein they pass KYC for it.
There are levels when it comes to hacking, if someone is using a script or a method which is available online and trying his luck out and end up hacking because of a bad security or a loop hole of the system, he might not be that intelligent to understand the full impact and he can be traced, yes some of the wanna be hackers were caught but the hardcore hackers who stole large amounts are no were to be found. Can those hackers who steal coins from online wallets be identified and arrested? Any news before that anybody were arrested?
if the hackers are very knowledgeable on hacking at the same time they know how to escape any loopholes on how they are able to trace then it would be hard for the authority to found them but if they only know hacking and they dont have any knowledge to make an untraceable transaction most likely they will gonna caught specially when they will use their personal address wherein they pass KYC for it.
Can those hackers who steal coins from online wallets be identified and arrested? Any news before that anybody were arrested?
Some hackers that's been caught in the past.
Crypto Hacker Arrested for Stealing $11.3M in IOTA (MIOTA)
20-Year Old Hacker Pleads Guilty to $5 Million Cryptocurrency Theft
Turkish Police Arrest 24 Suspects Involved in Hacking Crypto Firm, Local Media Reports
But majority of those hackers are still scott-free because they really know what they doing. Probably using TOR or even a mixing services to hide their identify and that makes it hard for authorities to catch them.
Can those hackers who steal coins from online wallets be identified and arrested? Any news before that anybody were arrested?
In my opinion I think it's only possible to trace and apprehend crypto hackers if they send the stolen funds to platforms with KYC regulations... This is an astute scenario where KYC Becomes a useful tool in mitigating fraudulent activity in the society.. Although I doubt any smart hacker will foolishly give out his real identity.. 
Still don't see a Future in tracking stolen BTC. Yes I know that the last hack on an exchange has the exchange tracking the wallets with the stolen funds and trying to make Impossible for them to sell it. This is an excercise in futility. They can simply take to a smaller exchange or Thor and sell there. Whichever way, the hacker has access to the funds at anytime and can sell as like.
As far as I know, the coins can be traced but it eventually gets lost (maybe because of those mixing services). Again, if they move to the coin to some exchange or other place where their identity can be linked, then they can be caught but hackers ain't that stupid. I just remember a recent incident where a hacker was caught for making a theft of around $5 million by sim swapping or something. Didn't look into much further.
There are times when the hackers can be caught and punished, or even jailed for some number of years in prison. But there are times too, when the main focus is on retrieving the funds and not identifying the hacker.
What amazes me is that it was able to be hacked in the first place. I don’t think a single hacker could break into one of the most secure systems in the world. Don’t matter though, Bitcoin is killing!!😎https://www.thecollectivegroup.org/ico/%5D%5Bfont=poppins%5D%5Bglow=#020C59,2%5D%5Bcolor=white%5D%5Bsize=13pt
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