Can we know if there are complains about them outside the forum and expresses that they still have a balance left on their accounts?
Check their Twitter, lots of stories there. Some of them claim that they have a $25k balance on Livecoin, others said $2k, etc. Honestly, it's hard to believe someone would risk that much on an exchange like this. When will these guys learn.. 
Topic: LIVECOIN HACKED - page 2. (Read 469 times)
What particular complaint do you have in mind? I would consider a collective complaint on this moot and academic at this point in time. If such a complaint should be filed it should have been filed early on when the exchange wasn't hacked yet, stopped operating, and being officially investigated.
For now, the exchange is already under the official investigators. What is needed right now are information that would lead to the real culprits. Hopefully, the truth will come out sooner rather than later and the reparations settled.
For now, the exchange is already under the official investigators. What is needed right now are information that would lead to the real culprits. Hopefully, the truth will come out sooner rather than later and the reparations settled.
An exchange will definitely make its reputation even badder because of the hacking incidents. If they can help their affected users to get a refund that will retrieve them and on this case, there's nothing much has been seen for Livecoin except that bounty for the attack that has been posted above.
it's over with their reputation as well as with their business. after all, who would send any money to them at all.
Just read this blog about Livecoin hack posted by Ratimov https://graph.org/Livecoin-Hack-or-hack-Current-state-12-26
I just read it there:
Quote
July 4, 2019 - the company was registered in Belize (company name is Red Velvet) but the registration expired one year after. So in fact, Livecoin has no official company registration since July 2020.
So they operate without a license, no company, just as a group of enthusiast.
it is very strange that they somehow fitted it with the end of the year
It's really no hope for them anymore and that address has some small amount of deposits. Probably from those users that have been affected and hoping that their balance will be recovered.
An exchange will definitely make its reputation even badder because of the hacking incidents. If they can help their affected users to get a refund that will retrieve them and on this case, there's nothing much has been seen for Livecoin except that bounty for the attack that has been posted above.
it's over with their reputation as well as with their business. after all, who would send any money to them at all.
Just read this blog about Livecoin hack posted by Ratimov https://graph.org/Livecoin-Hack-or-hack-Current-state-12-26
I just read it there:
Quote
July 4, 2019 - the company was registered in Belize (company name is Red Velvet) but the registration expired one year after. So in fact, Livecoin has no official company registration since July 2020.
So they operate without a license, no company, just as a group of enthusiast.
it is very strange that they somehow fitted it with the end of the year
2 days left and we'll see if this is truly a hack incident or just an exit that they're making it look like it's hacking.
It doesn't remove the doubt of most users thinking that it's an exit.
Now a hack will completely destroy the user funds and the Livecoin exchanges will also show bare hands.
An exchange will definitely make its reputation even badder because of the hacking incidents. If they can help their affected users to get a refund that will retrieve them and on this case, there's nothing much has been seen for Livecoin except that bounty for the attack that has been posted above. It doesn't remove the doubt of most users thinking that it's an exit.
While this incomprehensible plate continues to hang on the main site:
https://www.livecoin.net
There was activity on the exchange's twitter and they posted a tweet about the creation of a website with news
http://livecoin.news/index.html
They even offer a bounty program on this site:
https://www.livecoin.net
There was activity on the exchange's twitter and they posted a tweet about the creation of a website with news
http://livecoin.news/index.html
They even offer a bounty program on this site:
Quote
We decided to run the bounty program along with the investigation. We pay for information regarding the attack. If you have any useful information, which can help to return transferred funds and find breach or attacker, please feel free to contact us via e-mail: [email protected]
Bounty size will be determined in each case individually and only for useful information which is new for us
Bounty size will be determined in each case individually and only for useful information which is new for us
Might be difficult for lesser altcoin which don't have good light wallet. Usually you're either forced to use crap or full node wallet.
Lesser known altcoins' blockchain is usually small enough, using a full node wallet should be not a problem.
The problem is the day traders / liquidity providers: they do keep bigger funds in order to grab some cents and this is quite a blow for them.
But the rest, i.e. normal miners should have not kept money there.
Very bad reputation here on forum, scam'ish behaviour before (https://bitcointalksearch.org/topic/livecoinnet-scam-5159692) makes me assume that it was not a hack. Well ... crypto space will be better without them.
indeed this year fraud and hacking will increase from the usual. the possibility of a scam will be much more widespread. exchanges that really need to be avoided and not lulled by their lure. I guess it's all like being watched by those trying to pick up on the situation while we're off guard.
Be careful friends, we need to defend our assets, because this year there will be so many surprises that can make us lose everything.
Damn, I think this is not a hack but an exit scam, the site does not have a good reputation anymore, I hope I'm wrong but I believe getting into exit scam is more probably than being hack.
It doesn't matter whether it's hack or exit scam, since their uses will suffer losses either way. If they're hacked, i doubt they could recover or even bother reimburse user loss since they have bad reputation.
Of course, the main rule has always been to never leave big funds at exchanges, isn't it?
Might be difficult for lesser altcoin which don't have good light wallet. Usually you're either forced to use crap or full node wallet.
Why people want to use small noname exchnages in 2021? Low fees will not save a lot of money
1- arbitrage opportunity
2- market making opportunity
3- buy/dump small coins
The biggest money in crypto I made using small no-name exchange, where i was testing my algo MM strategies. Its much easier there since order book is barely moving, you can do everything slowly, check if it works correctly etc.
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Why people want to use small noname exchnages in 2021? Low fees will not save a lot of money
I don't think it's the fees.
I used to use small / noname exchanges (well... that was basically until 2017) for exchanging small / lesser known altcoins.
Of course, the main rule has always been to never leave big funds at exchanges, isn't it?
Yeah, I use livecoin and some small exchange like it to buy and sell a coin that didn't have a chance to list on big exchange before. You can get a chance to have a quick on some coin there due to it's volatility so some people preferred to still so that they can early buy some coin that still not listed on big exchange and have huge profit once its listed on big exchange.
Hello
How about Livecoin hack the 24 décember 2020 ?
Can we come together to organize a collective complaint ?
Somebody have information ?
Think
Thierry
I'm sorry if you lost money there, but it's important to look up the reputation before using a website. Other pointed out that Livecoin exchange has a bad reputation on the forum and the representative is inactive. This means that you're unlikely to get the money back. But of course filing a complaint is still something you can do.How about Livecoin hack the 24 décember 2020 ?
Can we come together to organize a collective complaint ?
Somebody have information ?
Think
Thierry
I used a bad Ethereum wallet back in the days and lost 0.6 ETH there due to an exit scam. Lots of people filed complaints as victims of cybercrime on some official US gov website and I believe even the name of the owner of that exchange was publicly available information. This didn't end with anything, unfortunately.
Why people want to use small noname exchnages in 2021? Low fees will not save a lot of money
I don't think it's the fees.
I used to use small / noname exchanges (well... that was basically until 2017) for exchanging small / lesser known altcoins.
Of course, the main rule has always been to never leave big funds at exchanges, isn't it?
Why people want to use small noname exchnages in 2021? Low fees will not save a lot of money
One of the exchange that I used during the beginning days of my entry into bitcoin and other cryptocurrency usage. Through this exchange only I learned about trading, and recently they tried to widen their market through promotion. In between it has got more accusations which has ruined its reputation. Now a hack will completely destroy the user funds and the Livecoin exchanges will also show bare hands.
Very bad reputation here on forum, scam'ish behaviour before (https://bitcointalksearch.org/topic/livecoinnet-scam-5159692) makes me assume that it was not a hack. Well ... crypto space will be better without them.
Damn, I think this is not a hack but an exit scam, the site does not have a good reputation anymore, I hope I'm wrong but I believe getting into exit scam is more probably than being hack.
https://www.coindesk.com/livecoin-crypto-exchange-hack
Question is, why it happened at this time?
Maybe they should be investigated so people will get their money.
Their account is not anymore active - https://bitcointalksearch.org/user/livecoin-462136.. so I don't think we can expect some reply from them.
https://www.coindesk.com/livecoin-crypto-exchange-hack
Question is, why it happened at this time?
Maybe they should be investigated so people will get their money.
Their account is not anymore active - https://bitcointalksearch.org/user/livecoin-462136.. so I don't think we can expect some reply from them.
Are you referring to LiveCoin.net? If so, looks pretty dire..
Seems to be a pretty small exchange, so you're unlikely to find people with the same intentions here. Apparently, some Redditors think that it was actually an exit scam.
https://www.reddit.com/r/CryptoCurrency/comments/kjjpdc/livecoinnet_hacked/
https://www.reddit.com/r/CryptoCurrency/comments/kje2qc/warning_btc_reached_142_000_usd_on_livecoinnet/
Seems to be a pretty small exchange, so you're unlikely to find people with the same intentions here. Apparently, some Redditors think that it was actually an exit scam.
https://www.reddit.com/r/CryptoCurrency/comments/kjjpdc/livecoinnet_hacked/
https://www.reddit.com/r/CryptoCurrency/comments/kje2qc/warning_btc_reached_142_000_usd_on_livecoinnet/
Hello
How about Livecoin hack the 24 décember 2020 ?
Can we come together to organize a collective complaint ?
Somebody have information ?
Think
Thierry
How about Livecoin hack the 24 décember 2020 ?
Can we come together to organize a collective complaint ?
Somebody have information ?
Think
Thierry
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