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What can you do when the exchanges steal from the customer

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I assume which you would certainly record these to the area crypto regulators. You'll find nothing that can be done due to the fact crypto just isn't extensively respectable, and that means you can not contact you to record any issue in the event you drop the crypto. They need to have got an individual in which addresses crypto promises to see should they can easily observe your cash to have that back to you. Right up until in which evening will come, you merely experience con artists usually.

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Crypto market is decentralized and still no Law unforced on this market. So if any exchange stealing our funds then we can sue to that exchange because no action on that exchange. 

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We cannot do anything if an exchanges scam with us because no law related crypto currency market still hopeful am I soon their will be laws related crypto market currencies. 

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you can do nothing if exchange stole your money.the better thing is stay away from that exchange which stole your funds..i face lots of trouble with some previous exchanges like cryptopia bitebtc etc..i lost 350$ in bitebtc and 900$ in cryptopia..but i cant do anything i feel helpless and hopeless..best thing you can do just safe your funds in your personal wallet and if you have lots of funds then i will suggest you the cold wallet

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Its really hard to say or prove that an exchange have stolen from a client. Since there could be many factors that could cause the lose of btc from a wallet in the exchange. For example the account was hacked or the user have made a wrong trade or have violated some rules. We can only tell that the exchange really did steal when they suddenly close without returning our funds.


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Always use best exchange in cryptocurrency market .otherways you lost your money and personal information. In this year many exchange scam or fall cyber attacks.So be careful to choose trading cryptocurrency exchange. 

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Always use best exchange in cryptocurrency market .otherways you lost your money and personal information. In this year many exchange scam or fall cyber attacks.So be careful to choose trading cryptocurrency exchange. 

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I am also really do not have idea what can we do and where can we complain the case to get such scamming exchange to get punished. I lost some assets during a exchange scam exit and tried to file the case to interpole but they refused to handle my crypto related cases. 

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I think it is because they have all our details. We trust these platforms. And register there we keep our coins in there. But still they get stolen many times. But i dont think if you can do anything in this. 

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Actually I don't Used new and scam exchange and I'm personally used most famous exchange like Binance and Kucoin they never scam with us because they earn from us as a fees and exchange never steal any funds but centralised exchange can hacked any so always store your funds in safe wallet.

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So same questions is rotating in my head what can we do? Which authority cxan control them.We are seeing some European exchjange whiuchb are under the control of the governments. THey need KYC verifications for the every clients maybe they can be controlled by the certai rules. 
 


 

 

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3 hours ago, usjiavaka said:

You cannot call someone to complain if you lose your cryptocurrency. They should have someone handle cryptocurrency requests and see if they can track your money to get it back for you. Until that day, you only have to deal with scammers. I don't think there's a law that protects us from that directly, It's the FBI more popular with them and preparing them for their responsibilities.

Of course, if cryptocurrency is stolen from you, you can simply warn the support where the funds are gone. And maybe your money will be returned to you. 

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I'm just annoyed with hackers, because hackers are everywhere and it takes advantage of loopholes to steal customers' money. exchange binance and yobit I'm using I believe they didn't steal my money, I'm careful and don't keep the money there, if any then just a little bit

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You cannot do anything if your cryptocurrency is stolen because it is decentralized and nobody controls it. This is a drawback of crypto by losing and stealing currencies


THINK POSITIVE

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I don’t know because I am not a lawyer or an expert in law, but unfortunately everything is false, you will not be able to do anything against them, as happened with many people.

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18 hours ago, sotino said:

Whats the title of the trades? you'll share indicated here, may be other part have same circumstance or may be a few encounter to illuminated the issue

Other users can explain this in detail, I'm also impatient. because his knowledge must be very deep, I am also surprised and curious.

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Yes bro agree with you but I have no idea if any exchange stealing our coins, I think this type of problem I can't face previously so I have not answer this question, when this type issue happens we can't take any action, because this exchange works anonymous way so where we complaints against this type scam, so in my opinion invest in legit exchange is right solution.


 

   

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When ever btc are manipulated this is happening only when exchanges allowed dumpers to dumped price and speculation are in high and this is the way exchanges earned from us trading fees and commissions. 

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You can't do anything about that exchange other than telling others your dad story and earn them to never use this exchange. This is the problem in crypto market that no one can do anything to hackers.

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On 10/5/2019 at 8:56 AM, Scottsummers said:

I often wonder about this. I think there is a real grey area. If it's direct theft then customers should go to the police in their country. If someone sends currency to the wrong place or ends up in holding and the exchange isn't obliged to fix it then that's not theft in my eyes. It is difficult to get kney back but people dont go the right way and ofter just complain rather than resolve. 

Yeah, the victim should report the case and if he/she's lucky enough then maybe the victim can take back the money lost due to that kind of illegal activity. 


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I didn't hear about that at all but one te Cointiger i think they take more than they should take one day but i am not sure so i went away from them and I did not like to use it anymore.

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Probably in this case, the user himself will not be able to do anything. Here only the exchange itself can compensate for losses. Although this rarely happens.

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That's why we need t regulate this crypto currency because if that happens we can do any thing about any exchange because the majority work just in internet and dont have a referral code in his country 

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They only thing that i will in an exchange that has steal my money, its to leave it immediately and then i will report it to other members through forums like this one and in other places so that other investors or traders to not join it.


Time is the ultimate weapon!

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