Pages:
Author

Topic: Is it illegal for someone to hack my BTC wallet? (Read 15271 times)

hero member
Activity: 1148
Merit: 504
I'm not clear on this one point.  If somebody got a hold of my private key and moved funds from an address that I claimed on the ledger, is that against the law?  At what point could that be considered a crime?  For example, if they hacked into my machine and stolen the private key; if they sniped the pk while snooping on a public access connection; brute forced the pk into existence; or just plane snapped a shot of my qr code over my shoulder....ect  In which of those examples could I pursue prosecution for the theft of my coin? 
Obviously yes! Apparently, hacking is a sin! It is just like you stole something that's not yours! It's a criminal things-taking something that is not yours without her/him approval that's hell!
It's funny how people ask about this, even though bitcoin is still illegal but if someone takes or steals money in your bitcoin wallet it's certainly a crime and illegal, if you have strong evidence you can report to the police, we know which is right and which the wrong one, why are you still asking
full member
Activity: 854
Merit: 108
I'm not clear on this one point.  If somebody got a hold of my private key and moved funds from an address that I claimed on the ledger, is that against the law?  At what point could that be considered a crime?  For example, if they hacked into my machine and stolen the private key; if they sniped the pk while snooping on a public access connection; brute forced the pk into existence; or just plane snapped a shot of my qr code over my shoulder....ect  In which of those examples could I pursue prosecution for the theft of my coin?  

By law, stealing is a crime and hacking is stealing in which you take someone properties which is not yours then of course it is illegal but maybe if Bitcoin or the Crypto currency is declared illegal in the country then hacking crypto currencies assets will be ignored as a crime in that certain government because of the illegal status. Therefore hacking crypto as a crime will depend of the legality status of your government.
hero member
Activity: 1148
Merit: 504
Any of these actions can be considered theft, but no one will investigate and look for the perpetrators, because such scams are very difficult to track.
Anything that smells of fraud is illegal thing, but if it happens in crypto it will be difficult to do tracking, moreover there is no legal legal law for crypto, of course the police will not be able to do anything to investigate and help you, thats why many people say that you are responsible for your money in crypto
full member
Activity: 438
Merit: 100
Any of these actions can be considered theft, but no one will investigate and look for the perpetrators, because such scams are very difficult to track.
copper member
Activity: 42
Merit: 0
I'm not clear on this one point.  If somebody got a hold of my private key and moved funds from an address that I claimed on the ledger, is that against the law?  At what point could that be considered a crime?  For example, if they hacked into my machine and stolen the private key; if they sniped the pk while snooping on a public access connection; brute forced the pk into existence; or just plane snapped a shot of my qr code over my shoulder....ect  In which of those examples could I pursue prosecution for the theft of my coin?  

Nice question. If it happened without your consent it is illegal by default. However, finding and prosecuting this person wouldn't be easy.
MiF
sr. member
Activity: 1442
Merit: 258
Reward: 10M Shen (Approx. 5000 BNB) Bounty
Theft is theft and there is two way about it, and theft is a criminal act which is against the law of every society except if it is not a crime in your own society. If any of your situation you mention above happen, you can approach any court of law.

Committing such crime isn't tolerable by law so we should consider it as illegal, and no lawbreakers will be subjected to legalities. Hacking is a form of terrorism which was not acceptable to society and certainly it will cause property loss or even your personal property of your own database was counterfeited.
full member
Activity: 770
Merit: 126
Theft is theft and there is two way about it, and theft is a criminal act which is against the law of every society except if it is not a crime in your own society. If any of your situation you mention above happen, you can approach any court of law.
member
Activity: 308
Merit: 10
Hacking someone else's electronic wallet is definitely illegal, but you can not report it to the authorities because from the beginning the legal protection of the consumer does not exist, you must know this risk before you decide to invest your money in it.
in other words it can be called legal if we do not know this crime to whom we should report it is the consequence we must take if we use the currency of the crypto that is hacking our wallets that we can not report to anyone including our own government.
YED
full member
Activity: 209
Merit: 100
I hadn't heard about that happening. Does anyone have a list of which countries BitCoin has been officially declared a currency?

sr. member
Activity: 2226
Merit: 347
The answer here depends on your country. Actually as per the general preposition a wallet is property of the person who holds the private key. There is nothing that once you create a wallet you have got your name on it. So if anyone has your private key you will first have to prove that you originally owned the wallet. Now here the problem is that most of the countries don't even have any law about bitcoin and crypto so there loss is not even considered as a theft or anything. So I think you have no protection from law even if some one hacks into your wallet.
Its not considerable yet having a private keys either you the true owner or the thief. Proving ownership would still create lots of problems where it cant be easily known whose the one is telling the truth and the fact that theres no hacker or thief would show off his face rather than they would remain untraceable and anonymous on making such illegal thing and since cryptocurrencies arent still considered to be an legal tender then theres no way on demanding such protection been asked.
sr. member
Activity: 1162
Merit: 251
I'm not clear on this one point.  If somebody got a hold of my private key and moved funds from an address that I claimed on the ledger, is that against the law?  At what point could that be considered a crime?  For example, if they hacked into my machine and stolen the private key; if they sniped the pk while snooping on a public access connection; brute forced the pk into existence; or just plane snapped a shot of my qr code over my shoulder....ect  In which of those examples could I pursue prosecution for the theft of my coin? 
Obviously yes! Apparently, hacking is a sin! It is just like you stole something that's not yours! It's a criminal things-taking something that is not yours without her/him approval that's hell!
Lol of course it's illegal, whatever the purpose of theft is prohibited and that is included in the criminal, theft proven to be given legal sanctions in court and perhaps prisons will be waiting for them, including bitcoin theft, if you have strong evidence who stole your money in crypto, you can report it to the police mate
newbie
Activity: 140
Merit: 0
It is illigal and several countries are already making strict law against cyber fraud.
newbie
Activity: 63
Merit: 0
There is no law that says if someone hacke you it is legal. Therefore to hack someone is not legal but illegal however government is seldom to action this kind of issue unless it is about national security.
member
Activity: 350
Merit: 14
I'm not clear on this one point.  If somebody got a hold of my private key and moved funds from an address that I claimed on the ledger, is that against the law?  At what point could that be considered a crime?  For example, if they hacked into my machine and stolen the private key; if they sniped the pk while snooping on a public access connection; brute forced the pk into existence; or just plane snapped a shot of my qr code over my shoulder....ect  In which of those examples could I pursue prosecution for the theft of my coin?  
Obviously yes! Apparently, hacking is a sin! It is just like you stole something that's not yours! It's a criminal things-taking something that is not yours without her/him approval that's hell!
newbie
Activity: 104
Merit: 0
Yes, it is illegal to hack another person bitcoins account. Whether the government approves bitcoin or not. it is criminal to get hold of another person account or intrude into someones business without his/her approval.
newbie
Activity: 185
Merit: 0
Yes, it will be recognized as a crime but as the practice of many people from different countries shows that not every case can be resolved.
sr. member
Activity: 728
Merit: 275
The answer here depends on your country. Actually as per the general preposition a wallet is property of the person who holds the private key. There is nothing that once you create a wallet you have got your name on it. So if anyone has your private key you will first have to prove that you originally owned the wallet. Now here the problem is that most of the countries don't even have any law about bitcoin and crypto so there loss is not even considered as a theft or anything. So I think you have no protection from law even if some one hacks into your wallet.
jr. member
Activity: 77
Merit: 1
For some one to have access to to your wallet is a crime already because your wallet is your private property and it is for  you alone or else you authorized someone to do so. This crime can be prosecuted if you have all the proof.
full member
Activity: 546
Merit: 101
★Bitvest.io★ Play Plinko or Invest!
It is considered as a crime. They have no permission to have your funds and they stole it by hacking your wallet where hacking is already illegal so it's like 2 counts of charges.
And even though it's one of the illegal things, but however every country has different responses on cryptos/bitcoin, sometimes we have to overcome it ourselves without government help/protection because crypto is still not legal.
full member
Activity: 476
Merit: 100
It is considered as a crime. They have no permission to have your funds and they stole it by hacking your wallet where hacking is already illegal so it's like 2 counts of charges.
Pages:
Jump to: