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Topic: if anyone hacked your account then who is responsible??? - page 19. (Read 7677 times)

hero member
Activity: 2730
Merit: 632
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

When your account got compromised then there no other to be blamed but yourself because you have carelessly expose those important informations to access your account.
Emails,Passwords,2fa and other related things and once other people do able to get that info then they can completely access your account.Making your account safe?
Set 2fa,use strong passwords - Be aware on phishing links, downloading something into net which can give out malware or everything that can possibly get your credentials.
hero member
Activity: 1484
Merit: 535
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 website wasn't hack then you are responsible for the hack of your account. It is always advisable that before you login on any website or platform, you should check whether you have entered the correct web address. Hackers use phishing site thus they create web addresses similar to the original web address just to obtain login details of users to get into their account and steal their funds. 
copper member
Activity: 476
Merit: 4
It will be partially your fault cause you didn't take enough precautions to safe guard your account, like 2FA authentication, SMS authentication etc. If it is your exchange account sometimes it might not be your fault but the exchange involved.
jr. member
Activity: 1092
Merit: 1
Each token holder is responsible for its tokens on the wallet,as only he has the key to the wallet,and if he got it to the wrong place and it was hacked,then it's only his fault
copper member
Activity: 53
Merit: 0
It’s me. Who created the accounts and wallets but didn't take enough protection to protect the funds or coins from hacking. So, for me the suggestion is to protect wallets from hacking, 1) I should use a very very strong password, 2) I should kept my private key in safer place far from anyone.
legendary
Activity: 1904
Merit: 1277
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


Nothing is 100% safe. It's all a question of managing risk. Even having everything offline is a risk in case you lose your private key.
Some exchanges reimburse users who lose money due to an exchange hack, and responsible ones keep the vast majority in cold storage with a minimum in hot wallets.
Coinbase I think is quite good in general, and obviously has a reputation to maintain.

Where you tend not to get reimbursed is if it's a small/disreputable exchange, or anywhere where the mistake is yours - e.g. giving your private key away, software vulnerabilities on your own pc, etc.

Generally just take sensible precautions, be careful with your keys, and don't key everything on a single exchange. A mixture of good exchanges plus some offline storage as well probably mitigates the risk sufficiently.
full member
Activity: 686
Merit: 131
I would say both are responsible, but exchanges more responsible.
Ultimately, it is our own responsibility to deal with our finances and investments.
There is so much information on how exchanges can be risky.
If you store your coins on an exchanges, you have the responsibility to bear that risk and consequences.

But, also, on the other hand, the exchange has the responsibility to keep your coins safe.
In the asame way that a bank is responsible to keep your money safe.
The thing is, if someone is determined enough to steal your coins, they will find a way.
No matter how much security measures there are.
So in the end, who is to say where the ultimate responsibility lies?
full member
Activity: 980
Merit: 109
If you created a wallet and made the loss of secret keys, then you yourself are to blame.
If you created an account on the exchange and allowed the possibility of hacking the account (lost password, did not include additional security measures), then you are to blame.
If you created an account on the exchange, and its (exchange) was hacked, then the exchange is to blame.
jr. member
Activity: 1876
Merit: 5
Personally, I think that everyone should be responsible for their actions for which the user himself is responsible. For having hacked an account or wallet it means there was a very weak password and it was hacked. In this case, I recommend creating very strong passwords and making a few wallets to save your money.
legendary
Activity: 2730
Merit: 1288
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

The one that took/find your password and logged to your account and took your coins is responsible for that.
full member
Activity: 644
Merit: 101
📱 CARTESI 📱 INFRASTRUCTURE FOR DAP
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


exchanges should keep their website secure and if they state it in their terms and conditions that website will not be responsible in case of hacking then there will be no one to blame for the lost funds though we witnessed from binance recent hack that they refunded the hacked ammount to the users accounts. never keep funds on the exchanegs instead store them on wallets
member
Activity: 476
Merit: 12
I think no one is responsible of being hacked aside from you. It is your mistake. You need to be careful in every action that you make here in crypto. To avoid this kind of issue you must keep your password,private keys or even your transactions private and no one must know about it except from you. And avoid to browse in too much in some page that asking your private keys and password because it can cause scam.
legendary
Activity: 3346
Merit: 1214
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


They will do an investigation they will look if you employ security measures on your account, all exchanges have security measures for all their clients and they asked all their clients to activate it,  email verification 2-factor authentication if they these are absent then it's your negligence, they will check the login where it comes from and investigate if it is through your negligence, you should as a client do all necessary precautions to employ all available security of the exchange.
hero member
Activity: 3024
Merit: 651
The hackers mistake for hacking nothing. Grin
You said you just created it but never said you bought or deposited any coin out of it.

So it is really their mistake for picking a wrong wallet. Their efforts are wasted.
Dont blame yourself. You did nothing wrong since no money is related.
You could just create another one.
Poor hacker.
hero member
Activity: 983
Merit: 502
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

Definitely your fault. If the exchange is not hacked, and only the account is hacked. But if the whole exchange is hacked and you are the victim. The exchange must be responsible for your money
member
Activity: 177
Merit: 11
If only your account was hacked thats your mistake
If the whole exchange was hacked thats exchange mistake
legendary
Activity: 2982
Merit: 1069
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


There are many ways coins might get lost from the wallet and many ways to define what could be called a hack.
That could be a mistake from your side like phishing or password theft, and malware you've unknowingly installed. Even forgetting or erasing the password or 2FA key, private key, mnemonic phrases,  etc results in lost of coins.
On the side of site, there could be hack on it's database or wallet, on which case, the site would be responsible for the mistake.
full member
Activity: 327
Merit: 100
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


do you click a phissing link on the internet, some unknown link or something else
remember, people who responsible about your account is only you buddy
full member
Activity: 588
Merit: 100
Of course that you, in cryptocurrency industry you are responsible for your funds, since there are no reversal payments and insurance providers.
But if you know about the person who stole your money, then court could help you.
sr. member
Activity: 1092
Merit: 250
Hodlers Network
It is the hacker mistake Cheesy and his responsibility.
Your mistake because you create an account there and you didn't take enough precaution to protect your account. Your computer or smartphone can be infected by a keylogger or some kind of virus.
The mistake of the exchange because they have security problems.
It can be the mistake of both of you too.

LOL, but you are right buddy  Cheesy
the OP should find the hacker as soon as possible to restore his money soon
or maybe the OP should hack the hacker wallet back, and take the money from the hacker wallet  Grin
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