For sure stolen funds normally goes in and out of Binance however no exchanges can detect whether those funds are stolen, but they can only flag stolen funds that are huge with questionable source but for smaller funds consider no chance.
I think if the one who stole the funds will see that they are transferred to the exchange, it is still possible to write to the support service of the exchange and at least freeze the withdrawal of funds.(I have no exact information, it's just my guesses) 
Topic: How exchanges treat the stolen Money? - page 3. (Read 771 times)
I am curious to know, how Exchanges treat the stolen money or hack money? Are they really aware of it? Just think, your fund has been hacked and transferred from your wallet to another wallet and then it's deposited to an exchange. If you claim to the exchange about the money, Are they not responsible for taking necessary action? What do you think?
As long as you have strong evidence I think they will be responsible for the report you make. But if you say an opinion, I think they clearly won't want to respond to your report because hacking is hard to find proof of because of internal factors.
Yes, it will be another thing that they might not respond to the report since it will be hard for them to know and will gather proof that the report is legit and not a fraud.
I am curious to know, how Exchanges treat the stolen money or hack money? Are they really aware of it? Just think, your fund has been hacked and transferred from your wallet to another wallet and then it's deposited to an exchange. If you claim to the exchange about the money, Are they not responsible for taking necessary action? What do you think?
I think it's true of some people who say here, because we don't have solid evidence to show it is your money, whereas they are stealing your funds and even though you also know what exchanges they use to sell your bitcoin, it will be in vain if we complain let alone report the owner of the exchange, because they maintain the convenience of their users and it is impossible to do let alone freeze their users' money, that way will worsen the name of the exchange, if it is a false accusation 
I am curious to know, how Exchanges treat the stolen money or hack money? Are they really aware of it? Just think, your fund has been hacked and transferred from your wallet to another wallet and then it's deposited to an exchange. If you claim to the exchange about the money, Are they not responsible for taking necessary action? What do you think?
if you have some evidence maybe the exchange will freeze the user accountusually exchange just freeze the account of the suspect to stop them from using their platform
but I'm not sure if they will give back the funds to the owner
For many years of staying on crypto space I don't see any exchange who freeze the account of possible attacker repays the affected users and I don't actually know what will happen since it's still a mystery on where does the money goes if certain case will happen. But actually know the hackers got fast hands and they will be detected late and already withdraw huge amount and provably if they are left maybe a little percentage only which cannot cater all the user who's funds are stolen.
I am curious to know, how Exchanges treat the stolen money or hack money? Are they really aware of it? Just think, your fund has been hacked and transferred from your wallet to another wallet and then it's deposited to an exchange. If you claim to the exchange about the money, Are they not responsible for taking necessary action? What do you think?
if you have some evidence maybe the exchange will freeze the user accountusually exchange just freeze the account of the suspect to stop them from using their platform
but I'm not sure if they will give back the funds to the owner
I am curious to know, how Exchanges treat the stolen money or hack money? Are they really aware of it? Just think, your fund has been hacked and transferred from your wallet to another wallet and then it's deposited to an exchange. If you claim to the exchange about the money, Are they not responsible for taking necessary action? What do you think?
As long as you have strong evidence I think they will be responsible for the report you make. But if you say an opinion, I think they clearly won't want to respond to your report because hacking is hard to find proof of because of internal factors.
There had been some cases already, where stolen funds got frozen by exchanges. As well, with FATF recommendations coming into force, there will be a requirement to verify both sending and receiving parties. This aims to exclude stolen funds from being used. This will have some side effects, like removal of privacy coins from the list of available coins/tokens.
If a hacker is smart enough to hack your wallets and steal your funds, don't you think they would be smart enough to liquidate that find without being caught? They would probably just deposit the funds in an exchange and withdraw it almost immediately, making it untraceable before the exchange would even have the chance to know about it, anybody can open an exchange account, infact a single person can open hundreds of accounts and operate them from the same device.
Ofcourse. Hackers are not definately dumb. They will definately have an exit plan. Infact they will plan it before the hack. If the huge amount of money is being transferred anonymously then it is really risky for any hacker to liquidate. As you can see many exchanges and ICO hacked stolen funds are still not completely withdrawn. 
I am curious to know, how Exchanges treat the stolen money or hack money? Are they really aware of it? Just think, your fund has been hacked and transferred from your wallet to another wallet and then it's deposited to an exchange. If you claim to the exchange about the money, Are they not responsible for taking necessary action? What do you think?
As long as you have strong evidence I think they will be responsible for the report you make. But if you say an opinion, I think they clearly won't want to respond to your report because hacking is hard to find proof of because of internal factors.
I am curious to know, how Exchanges treat the stolen money or hack money? Are they really aware of it? Just think, your fund has been hacked and transferred from your wallet to another wallet and then it's deposited to an exchange. If you claim to the exchange about the money, Are they not responsible for taking necessary action? What do you think?
I don't think it is there responsibility to help you track your stolen funds because there are so many factors that need to be taken into consideration. Things like how would the exchange be sure that you are the original owner of the said funds been transferred to there exchange because your own identity is not known to the exchange and that will make it difficult for the exchange company to help you recover your said funds. I am curious to know, how Exchanges treat the stolen money or hack money? Are they really aware of it? Just think, your fund has been hacked and transferred from your wallet to another wallet and then it's deposited to an exchange. If you claim to the exchange about the money, Are they not responsible for taking necessary action? What do you think?
If your money is hacked and then deposited into an exchange of course the exchange will not be held responsible because it is not their fault but your own faultIf the money was hacked on the exchange and the incident happened on the exchange internal system then I think they are held responsible for this. The exchange can't refund if youre hacked into youre own fault but if the exchange is proven to be he one hacked including money of the trader then I think they should replace the loss money.
I am curious to know, how Exchanges treat the stolen money or hack money? Are they really aware of it? Just think, your fund has been hacked and transferred from your wallet to another wallet and then it's deposited to an exchange. If you claim to the exchange about the money, Are they not responsible for taking necessary action? What do you think?
What proof do you have in terms of actually proving that the funds involved are the exact funds that you got hacked for?
It's all 'he she, she said'. Unless you have rock solid proof I think it's unreasonable to assume that exchanges will freeze someone's account in particular just because someone complained that he/she may be the hacker/scammer behind a fraud.
Of course, you could try, but I doubt the outcome will be positive.
In some cases of a theft or unwise hack, for example 7m tokens worth millions of dollars is stolen from a project developer Wallet might be transfered to Binance to be sold immediately, if Binance got wind of the information, the either suspend deposits or freeze deposits. In most cases the indices can easily be calculated in huge volume transactions but them cryptocurrency decentralisation makes it uneasy most times
It cannot be ascertained, depending on the exchange and the amount of funds stolen. if something like that happens, it might be purely a user error, because the exchange has strong security. The exchange cannot confirm or detect whether the withdrawal is from you, but as far as I know, an exchange that has more security uses 2FA code, so it is impossible to hack, unless your email and mobile number have been taken over by the hacker. maybe if you lose a large enough fund, most likely it can be returned or you are assisted by the exchange.
I am curious to know, how Exchanges treat the stolen money or hack money? Are they really aware of it? Just think, your fund has been hacked and transferred from your wallet to another wallet and then it's deposited to an exchange. If you claim to the exchange about the money, Are they not responsible for taking necessary action? What do you think?
What proof do you have in terms of actually proving that the funds involved are the exact funds that you got hacked for?
It's all 'he she, she said'. Unless you have rock solid proof I think it's unreasonable to assume that exchanges will freeze someone's account in particular just because someone complained that he/she may be the hacker/scammer behind a fraud.
Of course, you could try, but I doubt the outcome will be positive.
In some cases of a theft or unwise hack, for example 7m tokens worth millions of dollars is stolen from a project developer Wallet might be transfered to Binance to be sold immediately, if Binance got wind of the information, the either suspend deposits or freeze deposits. In most cases the indices can easily be calculated in huge volume transactions but them cryptocurrency decentralisation makes it uneasy most times
I am curious to know, how Exchanges treat the stolen money or hack money? Are they really aware of it? Just think, your fund has been hacked and transferred from your wallet to another wallet and then it's deposited to an exchange. If you claim to the exchange about the money, Are they not responsible for taking necessary action? What do you think?
Sad to say that exchanges will not act on any 'supposedly' stolen money. I mean how can you give them proof that it was stolen in the first place? Sad to say that they won't act on it.
And just imagine if everyone will complain about it, then how will exchange treat the case. I guess this is one drawback of this market, it's free and open, just saying.
I am curious to know, how Exchanges treat the stolen money or hack money? Are they really aware of it? Just think, your fund has been hacked and transferred from your wallet to another wallet and then it's deposited to an exchange. If you claim to the exchange about the money, Are they not responsible for taking necessary action? What do you think?
Most of the hacker used Bitcoin Mixer Services to loss track of the hack BTC or other cryptocurrency. They are smart enough to do that and I believe this is basic from them. So exchange will never determine if BTC came
from hackers or not and also hackers usually sold there BTC over the counter or in deepweb. They will never sell there hack BTC to a place that might gonna exposed there privacy itself.
if there are errors from users about some level of exchange security that is not being used, then they will not do anything, this is already included in the terms and conditions. However, if the hacks occur on the core exchange system, so far they have carried out a backup and maintenance process between hot and cold wallets, they ensure that user funds are not reduced at all with a fast refund program.
If the thief is stupid enough not to use tumbler services, the exchange could freeze the account (with its balance). Moreover, exchanges usually have an alert system and mechanism to wait for some more confirmation for withdrawal. It gives them a sufficient window (time) to make sure no problem for the withdrawal, as mentioned earlier.
But usually, the stolen fund will first "washed" through tumbler services, or dealt over the counter (OTC). So "mainstream" exchanges could not do anything except standard KYC/AML practice.
But usually, the stolen fund will first "washed" through tumbler services, or dealt over the counter (OTC). So "mainstream" exchanges could not do anything except standard KYC/AML practice.
If you claim to the exchange about the money, Are they not responsible for taking necessary action? What do you think?
Most probably exchanges will not do any action even if you claim that the assets are yours because if they do so, this policy would be subjected to abuse.
Imagine a regular user depositing 10BTC to Binance and a malicious person could very well froze that assets if he claims he's the original owner of it and it was stolen! This scenario won't be good for an exchange business because no one will ever use it if he knows his funds could be frozen anytime by just a simple claim of ownership from somebody else.
In the first place, its our duty to safeguard our funds so that we will not face such issues - trying to recover lost funds within an exchange which I think would be futile.
Though I guess, this will not be always the case and that if you could produce a court order to freeze that account's assets, then I think that exchange would heed to that order but it would still be subjected for litigation and could be contested which could also be a long and tedious process. Imho.
If a hacker is smart enough to hack your wallets and steal your funds, don't you think they would be smart enough to liquidate that find without being caught? They would probably just deposit the funds in an exchange and withdraw it almost immediately, making it untraceable before the exchange would even have the chance to know about it, anybody can open an exchange account, infact a single person can open hundreds of accounts and operate them from the same device.
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