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Topic: if anyone hacked your account then who is responsible??? - page 13. (Read 7697 times)

hero member
Activity: 2114
Merit: 740
Leading Crypto Sports Betting & Casino Platform
Account hacking is indeed a 'nightmare' for everyone, This unsettling act by irresponsible parties is very detrimental for every victim.
Remember, the safety of your account is in your hands, so you are fully responsible if something happens to your account.
Make a case like this as the most valuable lesson, so that it does not happen again in the future.
full member
Activity: 451
Merit: 100
Decentralized Ascending Auctions on Blockchain
related to this problem I think if you lose assets in your wallet it happens because of your own mistakes that are not vigilant in using the wallet, many events like this because they are careless in using or storing assets in the wallet. other times be careful when storing assets or want to use them, because the incident is at your own risk and no one will be responsible for your assets.
Assets always need the best security in this market because they are vulnerable to hacker attacks and can take away all your assets if you poor security. I have been attacked by hackers in this market and what I do next is to buy Ledger to better security of assets so before investing, you should equip the equipment needed to hold the property of you more safely
member
Activity: 336
Merit: 24
In the case you mentioned in this topic, there is no need to look for who is wrong.  Why do case like this happen?  Because your account security is too weak, so it can be easy for hackers to break into your account.  In the future you have to do an evaluation so that cases like this do not happen again that make you to lose money in your wallet.
member
Activity: 775
Merit: 11
related to this problem I think if you lose assets in your wallet it happens because of your own mistakes that are not vigilant in using the wallet, many events like this because they are careless in using or storing assets in the wallet. other times be careful when storing assets or want to use them, because the incident is at your own risk and no one will be responsible for your assets.
sr. member
Activity: 644
Merit: 257
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if I've created account/wallet on coinbase or any other exchange then my account is hacked and my coins/money lost who are responsible for it
The Exchange where I've created account Huh
is it my mistake Huh
what's you thought about it Huh

and how i make my account safe  Huh


Depend, if the coinbase is hacked as announced or major incident then the exchange will be responsible for it. But if you suddenly loses youre fund then its youre fault that youre fund gone. Why blame hackers for doing it. You know very well how hackers operate and its our responsibility to safe keep all our funds since its our asset. Piece of advice, dont save much info on youre social account cause it might lead to hackers in such way.
member
Activity: 728
Merit: 10
in my opinion it is one's own fault, because it cannot secure properly. for more security, use 2fa and also google authenticator.
member
Activity: 644
Merit: 10
COVIR.IO
It depends on the way of hack - if you entered your password on a phishing website, you are fully responsible for leak, in this case two-factor authentification might safe your funds. If Exchange was hacked, it should make a compensation from its pocket.

The Binance hack case is the answer to your question, where they lost funds of their members but they decided to pay back all users as they had created a separate fund for it. Now in this case had their members lost thier funds due to phishing, Binance would not compensate them for the loss. In my personal opinion leaving funds on an exchange is a risky idea, hence I would suggest all to use secured wallets like Electrum to keep their funds safe.

Source: https://cryptobriefing.com/binance-promises-to-cover-7000-btc-lost-in-hack/

I agree that saving coins in an exchanger wallet is very risky. Exchangers may not compensate customers for several reasons and to be more secure, I think exchangers are only used as a place of transaction and we store our coins in a wallet that we hold our own private key
jr. member
Activity: 406
Merit: 3
how to create a secure wallet account, only you alone can do about how you store and also access your wallet when used. and if you want to do transactions in exchange, make sure with a famous exchange like binance or kucoin in my opinion it's safe. and if there is hacking on the exchange, the company will be responsible but you must have proof of your legal ownership with their company.
hero member
Activity: 2646
Merit: 686
It depends on the way of hack - if you entered your password on a phishing website, you are fully responsible for leak, in this case two-factor authentification might safe your funds. If Exchange was hacked, it should make a compensation from its pocket.

The Binance hack case is the answer to your question, where they lost funds of their members but they decided to pay back all users as they had created a separate fund for it. Now in this case had their members lost thier funds due to phishing, Binance would not compensate them for the loss. In my personal opinion leaving funds on an exchange is a risky idea, hence I would suggest all to use secured wallets like Electrum to keep their funds safe.

Source: https://cryptobriefing.com/binance-promises-to-cover-7000-btc-lost-in-hack/
member
Activity: 378
Merit: 10
Decentralized Continuous Audit& Reporting Protocol
Its really hard to blame anyone and I always accept responsibility for anything that happens to me. But in this case it all depends on how it happened. If the whole exchange got hacked then you could blame them but if only your account got hacked then  something probably might went wrong from your side. You just have to keep your passwords safe  and keep your device security system updated.
legendary
Activity: 1400
Merit: 1001
Undeads.com - P2E Runner Game
Interested question, who is responsibility?

1. If you signup to many website using same email and password so this is hacker responsibility and also your fault. In the other term your responsibility.
2. If you were not using strong password and activace 2factor auth, so it's your fault and your responsibility
3. If exchange got hacked and many people also confirm it, and your money lost so it's exchange responsibility
member
Activity: 574
Merit: 12
Kuvacash.com
If your account get hacked, it can either be your mistake or the Exchange.
Your own mistake if you disclose your confidential informations or handle them carelessly that it got into the wrong hands.

The mistake of Exchange if the exchange get hacked and this wont be your problem alone as others may also get affected.
Sometimes you may get compensation depending on your agreement with the Exchange.
full member
Activity: 2324
Merit: 175
if I've created account/wallet on coinbase or any other exchange then my account is hacked and my coins/money lost who are responsible for it
The Exchange where I've created account Huh
is it my mistake Huh
what's you thought about it Huh

and how i make my account safe  Huh


You did not mention if you turn on the security features of your account, all exchange has that feature to verify that you are the owner of that account, if you fail to do that, then it's your fault why your account was hacked, you can ask the exchange for an investigation to see the country and IP of the hacker but that doesn't guaranty that you will be compensated, better check the rules of the exchange.
jr. member
Activity: 152
Merit: 1
if I've created account/wallet on coinbase or any other exchange then my account is hacked and my coins/money lost who are responsible for it
The Exchange where I've created account Huh
is it my mistake Huh
what's you thought about it Huh

and how i make my account safe  Huh


In crypto world you are the only person responsible for your security, the exchange is not to be blamed if you're the one who failed to take the appropriate measures to secure your account.
member
Activity: 588
Merit: 10
Decentralized Ascending Auctions on Blockchain
if I've created account/wallet on coinbase or any other exchange then my account is hacked and my coins/money lost who are responsible for it
The Exchange where I've created account Huh
is it my mistake Huh
what's you thought about it Huh

and how i make my account safe  Huh


In the loss of our digital assets, because it was hacked, I think there is no responsibility and this is our risk. For now, many people lose assets, but nothing can be held accountable.

We need to be more vigilant and take the interception action. Do not register on the store and you should review.
sr. member
Activity: 602
Merit: 250
HEX: Longer pays better
if I've created account/wallet on coinbase or any other exchange then my account is hacked and my coins/money lost who are responsible for it
The Exchange where I've created account Huh
is it my mistake Huh
what's you thought about it Huh

and how i make my account safe  Huh

If the entire Coinbase account is hacked, then I think they will be responsible. But if only you were hacked, it is your fault
full member
Activity: 994
Merit: 101
if I've created account/wallet on coinbase or any other exchange then my account is hacked and my coins/money lost who are responsible for it
The Exchange where I've created account Huh
is it my mistake Huh
what's you thought about it Huh

Actually it's both i think you and the exchange. If some how your computer hacked with virus or some how you lost your personal information then it's totally your fault. That occasion you can't blame the exchange. But if never happened to you like that and you have tight security in the exchange and exchange hacked then it's exchange's fault.

and how i make my account safe  Huh

Before you create account in any exchange know about them, know about their security details and know what going to happen if you hacked by a hacker and so on. Stay safe... Wink Wink
hero member
Activity: 2688
Merit: 588
A hack on exchange, exchange is responsible for such hacks because the user trusted them, provided their details and enabled 2fa which is maximum security. Anything else that affects the users funds on the exchange is the exchange fault as they're unable to protect their customer.
You should not judge based on that, what if the holder too was careless with his details? 2fa factor Is it not Google authenticator that it works with or phone number? People can have access to those at any time if the investor is careless with that, so all blame cannot be on the exchange, in fact there is a way you will know if it was as a result of the exchange negligence or yours and I believe that in the case of op, it was as a result of his negligence, because of it was hacking of exchange, it is not going to be his coin alone that will be affected but coin of major holders in the exchange.

We have seen hacking on binance, and other exchanges how they look like, so why would an hacker break an exchange, only to go for op’s own alone, I think op just need to ensure that he secures his account very well and stop keeping fund on exchanges wallet.
hero member
Activity: 1177
Merit: 500
if it happens because of your own mistakes I think you are responsible and the company is not fully responsible for it, unless the exchange you use is hacked by scamers of course the company will be responsible for everything. but what I have experienced in this case, whatever you need to do is proof, the company will ask for evidence to return your money that has been hacked on the exchange.
Yeah in the Crypto world when we lose our assets/Crypto, then we ourselves are responsible for the incident. But if it happens to the funds that we store in Exchange sometimes there are Exchanger parties who want to replace their member funds. If I'm not wrong, as happened to Binance last year. They replace the losses.
member
Activity: 332
Merit: 11
it's clearly one's own fault. You must store it in a safe place such as a nano ledger hardware wallet. never click on a site or write your private key anywhere except the transaction.
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