Author

Topic: If wallet, seed, passcode stolen, can I block it? (Read 471 times)

legendary
Activity: 3724
Merit: 1586
If someone gets hold of my wallet and also learns my seed and passcode, can I do anything to stop my wallet being drained?

pray...
hero member
Activity: 700
Merit: 500
Massive price drop coming...
I experience this before someone steal my seeds from my notepad and make it rar with password from where i upload in cloud files..
They stole few of my bitcoin since my bitcoin is low amount they just spend all my bitcoin..
So now if you have access to your account make sure to make new one to transfer your funds and make it safe..
legendary
Activity: 1736
Merit: 1023
If I move fast, what can I do to stop the theft? Create a different wallet and transfer the balance to it? Is that the best thing to do?

Yep, if you know that your seed or wallet is compromised, the best course of action would be to create a new wallet and send all the wallets to that new wallet.
newbie
Activity: 2
Merit: 0
If I move fast, what can I do to stop the theft? Create a different wallet and transfer the balance to it? Is that the best thing to do?
legendary
Activity: 1736
Merit: 1023
If someone gets hold of my wallet and also learns my seed and passcode, can I do anything to stop my wallet being drained?

No you cannot. If someone has access to your seed, they can recreate your wallet. If they have access to your wallet and password, they can also spend coins or obtain your seed.

A hardware wallet can add additional security by requiring physical access to the hardware wallet, but if the seed is ever compromised you are still out of luck so protect the seed at all costs.
newbie
Activity: 2
Merit: 0
If someone gets hold of my wallet and also learns my seed and passcode, can I do anything to stop my wallet being drained?
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