If someone found your Bitcoin private key, that person probably used that key to sign a transaction to one of his Bitcoin addresses (accounts). There is no way for you to actually recover them. You could however track the transaction to eventually see where your bitcoins are being transferred.
Now if your Bitcoins are stored at a company such as an exchange or a cold storage company, you might have some kind of insurance that the company provides as they're responsible of keeping your bitcoins safe.
Topic: Recovery actions for stolen Bitcoin (Read 10621 times)
i think it is a hard problem to be solved
i know someone who lost his btc, he tried many ways but he had nothing.
i know someone who lost his btc, he tried many ways but he had nothing.
The thief is probably in a different country to you. Just because their laws may not necessarily stop them hacking into your computer (or maybe their law enforcement is too lazy to do something about it), doesn't mean the same applies in your country.
Then we can set up this service in some country where theft is illegal and thieves can be caught using whatever means. May be Saudi Arabia?
Hacking in to someone's computer is punishable everywhere. Correct me if I am wrong.
You are absolutely right mate.
Wish those strict laws are in place all over the world,so these theives can get a life and stop stealing others hard earned money.
We need a (paid) service to recover coins which are stolen through hacking / phishing. Just like the bankers who use the help of recovery agents to get back the amount paid out as loans.
The problem is that you can't just "pull" the BTC out of a wallet that it was sent to post-theft.
A very old thread probably bumped by a few newbies. Posting this to enquire whether this paper has got a legal status in any country? We have progressed 4 years into bitcoin technology and these kinds of errors and frauds have become quite regular. Still I don't know any single country which has implemented such a law.
Complete greed and laziness to do hardwork has made the Hackers to evolve and steal from innocent and hard earned people.
What does sympathy have to do with legality? The term legal possession implies a third party such as a government authorizing your right to it. Bitcoin has no such thing therefore you can not possess bitcoin in a way that works with any current laws. You can try to make it fit but it would be akin to trying to explain to a Native American the western concepts of land ownership. You can only explain it with violence and force which then begets more violence and force in retaliation.
Aboslutely there is nothing to do vth sympathy over here.But,there was a user on the top assuming I have posted this on the Forum
assuming Iam here for sympathy to gain attention or begging etc this is a blackchain technology and the transaction is ireversibly which Iam now clearly aware of and apparently got here to see if there is any legal opinions to move forward or any inputs provided in regards to retrieval.
Money is insured by FDIC in banks but why not BTC,ofcourse it says we are our own bank but simultaneously a common man cant have huge security services solely !
Ofcourse my loss is a loss but the pain can be only felt by me and no fun.
A very old thread probably bumped by a few newbies. Posting this to enquire whether this paper has got a legal status in any country? We have progressed 4 years into bitcoin technology and these kinds of errors and frauds have become quite regular. Still I don't know any single country which has implemented such a law.
We need a (paid) service to recover coins which are stolen through hacking / phishing. Just like the bankers who use the help of recovery agents to get back the amount paid out as loans.
I totally agreed and vote for this.
Such a pain to loose your money and more painful thing is not able to recover it.
Never happened to me yet but do you guys think that someone can hack my blockchain ?
Two times BTC from my Block Chain account has been transferred even with out authorization
and it was security set up too.
Payee id of BTC is also available.
How I can recover my BTC stolen in this way
Recovery of stolen Bitcoin:
Step 1: Pick up bible.
Step 2: ?
Step 1: Pick up bible.
Step 2: ?
Yes. I agree. It is next to impossible. Even if you track its movement, you can't do much if the thief uses a mixer.
Depends. If they have other assets, it may still not be possible to recover the Bitcoin itself, but legal judgments are almost always going to be denominated in USD. The problem is your typical scammer is often a judgment-proof degenerate with no assets whatsoever, at least none you can actually seize. There is also the additional problem that Bitcoin generally appreciates in value, but proving this may be beyond the ken of the average juror, that is, it will require expert witnesses to prove. So the amount of BTC in controversy as well as the solvency of the debtor/thief will determine whether it is worth bothering.
And if the idea suggested itself, a court will generally not look with approval upon an attempt to sit on your rights while waiting for the price of BTC to go up and only suing then. That defense will immediately suggest itself if the amount in controversy is sufficient to encourage the defendant to seek competent counsel, i.e. that you waited until the price went up to the point to make it worth it to sue, so you should only be entitled, as a matter of equity and/or just basic fairness, to the value at the time of the breach of contract and/or tort.
Recovery of stolen Bitcoin:
Step 1: Pick up bible.
Step 2: ?
Step 1: Pick up bible.
Step 2: ?
Yes. I agree. It is next to impossible. Even if you track its movement, you can't do much if the thief uses a mixer.
Recovery of stolen Bitcoin:
Step 1: Pick up bible.
Step 2: ?
Step 1: Pick up bible.
Step 2: ?
I accept bitcoin for legal services. I haven't had any clients pay that way but I would accept it (and have it on my business card).
Hmm.... I have checked your website. Bitcoin is not mentioned anywhere. But still, it is great that you are accepting Bitcoins.
Followup question: Do you know any lawyers that accept cryptocoin?
I accept bitcoin for legal services. I haven't had any clients pay that way but I would accept it (and have it on my business card).
Then we can set up this service in some country where theft is illegal and thieves can be caught using whatever means. May be Saudi Arabia?
Hacking in to someone's computer is punishable everywhere. Correct me if I am wrong.
Hacking in to someone's computer is punishable everywhere. Correct me if I am wrong.
A vigilante posse based in Saudi Arabia is probably about the last thing bitcoin needs.
Sounds more like a litecoin thing.
Wrong? Oh, where to begin...
Are you telling me all lawyers make this oath above all oaths?
Followup question: Do you know any lawyers that accept cryptocoin?
Followup question: Do you know any lawyers that accept cryptocoin?
I can only speak for myself. Considering all elected officials take a similar oath, and their conduct doesn't always look to me like it's upholding the Constitution, I have to conclude some people take oaths in vain. As for me, though, if I say "I swear" something, I take it seriously.
As for lawyers who take cryptocoin, I believe MSantori, on this site, might. There's nothing illegal whatsoever about taking payment in any form, so long as it isn't contraband of some kind. I've known lawyers to take payment in goods, services, dairy products, construction work, pretty much any form of barter.
(I can also think of a couple lawyers who took payment in less acceptable forms, such as drugs or illegal services such as procuring the absence of witnesses in other cases.)
some people dot spend all day checking their paypal account to see if its been hacked
maybe they dont even use the email address anymore they openeed it with so it could easily
take a month or two for transactions to be noticed on a credit card statement
plenty of sites on tor are selling paypal accounts ,some with several thousand $ in them
you cant blame a non technical old person for being hacked by some whizz kid on the other side
of the world
maybe they dont even use the email address anymore they openeed it with so it could easily
take a month or two for transactions to be noticed on a credit card statement
plenty of sites on tor are selling paypal accounts ,some with several thousand $ in them
you cant blame a non technical old person for being hacked by some whizz kid on the other side
of the world
QUESTION FOR THE GROUP
If a paypal account, is used with 100% feedback on localbitcoins.com, then suddenly the paypal account owner claims "hacked" and reverses paypal monies for local BTC, what negligence is their on the part of the silly paypal account person who allows their account to be puppeted for two months??
If a paypal account, is used with 100% feedback on localbitcoins.com, then suddenly the paypal account owner claims "hacked" and reverses paypal monies for local BTC, what negligence is their on the part of the silly paypal account person who allows their account to be puppeted for two months??
Absolute BS. How can anyone claim this? Was this guy sleeping for 2 months? Can you give me the details of his Localbitcoins.com account?
Localbitcoins user name is "spacecowboy", who is now alleged (by charges reversed) to have hacked the paypal account of [name removed], a doctor in the UK?
...The localbitcoins user 'spacecowboy' has been online on localbtc but the admins are 100% non responsive to tickets, so I doubt they froze the wallet, me and three other users got stiffed so it's like he was setting up the account for 2 months, only to duck out at the end?
localbitcoins.com is a real den of thieves if its this bad.
I mean, it is as if a paypal account is a weapon, if you have a stupid password, you should be liable when your account gets f-in hacked. Losing your paypal account, and not notifying paypal right away?? How does a person get away with being so careless?? But there really is no rally point for which to unite against fucking thieves.
...and that is what you supposed smart people who know law, need to figure out. How do we have recourse against theft, yet protect our Constitutional rights to privacy. Lawyers, do not swear an oath to the Constitution, so they are sideline players,from my perspective.
Utter bullshit.
Quote
41:1-1. Oath of allegiance; form
Every person who is or shall be required by law to give assurance of fidelity and attachment to the Government of this State shall take the following oath of allegiance:
"I, , do solemnly swear (or affirm) that I will support the Constitution of the United States and the Constitution of the State of New Jersey, and that I will bear true faith and allegiance to the same and to the Governments established in the United States and in this State, under the authority of the people So help me God."
Amended by L.1949, c. 21, p. 67, s. 1, eff. April 12, 1949; L.1971, c. 217, s. 6.
Every person who is or shall be required by law to give assurance of fidelity and attachment to the Government of this State shall take the following oath of allegiance:
"I, , do solemnly swear (or affirm) that I will support the Constitution of the United States and the Constitution of the State of New Jersey, and that I will bear true faith and allegiance to the same and to the Governments established in the United States and in this State, under the authority of the people So help me God."
Amended by L.1949, c. 21, p. 67, s. 1, eff. April 12, 1949; L.1971, c. 217, s. 6.
Almost all states have an oath in a similar form.
Are you telling me all lawyers make this oath above all oaths?
Followup question: Do you know any lawyers that accept cryptocoin?
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