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nicolas1234789

Report or not?

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I actually think that at this moment it is something difficult to handle for many countries, since in all countries there are no official regulations regarding the use of cryptocurrencies, this over time can be channeled when the adoption process is global and where Most governments establish their regulations on the use of cryptocurrencies in the development of their economy. At the moment what we have left is to try to keep our cryptocurrencies in the safest places and activate all security protocols to prevent us from being stolen.

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Always act with conscience and a sense of camaraderie and every time you make a post, stop for a moment and review in detail the posts of other members around you, so that you can give your respective reaction. :classic_wink:

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governments still consider crypto as illegal so in case we got scammed what logic you stand to will make you involve government to solve your problem? of course they won't and actually you may get punished for dealing with crypto instead , involving government in such things won't help until they allow using crypto and this won't happen in the soon future

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Hey mate, thanks for your post about hacking problem, sometime hacker stolen our money from our wallet or exchange but we of we report our police I don't think police can do something about stolen or hacking problem, when our money gone our wallet we can not recover that coin.


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On 12/30/2019 at 12:03 PM, nicolas1234789 said:

We all know every country has different respond about crypto but if our asset stolen I believe law enforcer should take action because that is crime. If your asset stolen by hacker ( specially in crypto ), do you involve government ( police ) to handle your problem?. If you choose just let it go, are you no longer has trust law enforcement can handle this problem?

Nope, you're the one who's responsible of your asset and no one in the government will help you. Crypto currency is not accepted in the whole world that's why no one could help you if your asset stolen  by hackers.

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On 12/30/2019 at 10:19 AM, Soaib khan said:

all countries different statements about crypto currencies and some countries already banned crypto currency because crypto not under control of any government

Yes you are right every country has different thinking about the cryptocurrencies world some says it legal and some consider it illegal.

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This is a major problem because a lot of countries do not consider cryptocurrency as any asset. They only consider hardware things as assets. But after that regulation of cryptocurrency it can be considered as well and it's stealing will be a crime.

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That's a pretty good question, mate. I'm not a law expert by any means, but I dare to say that this crime may be prosecuted as stolen property, maybe by some specialized entity like Cyber police. I hope not to be in such a situation never, as I reckon it might be difficult to get the stolen funds back.

 

 

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Law enforcement can't handle this problem, that is why it is advisable we keep our wallet safe and we should not give our personal information to any person, our funds or money stored in private or government banks are controlled and managed by other person's, while our Bitcoin wallet is managed by ourselves,so government can't help us if we are hacked or scammed 

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In the event of theft, it is very difficult for the government to act, firstly because cryptocurrencies cannot be controlled by a centralized entity and that is what draws attention to all people, in addition to having private keys, only you are responsible for your cryptocurrencies and it is important to focus on securing our passwords rather than relying on the government.


 

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Their is no way we can report any criminal activities to any security agency that involve cryptocurrency. There is no any regulation or any governmental control in cryptoworld that will help them to track any illegal activity or crime in cryptoworld.  

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On 12/30/2019 at 9:03 AM, nicolas1234789 said:

We all know every country has different respond about crypto but if our asset stolen I believe law enforcer should take action because that is crime. If your asset stolen by hacker ( specially in crypto ), do you involve government ( police ) to handle your problem?. If you choose just let it go, are you no longer has trust law enforcement can handle this problem?

 Dear all countries have different rules and many people don't want to solve their issues by police and they also never solve it instead they take money from us and also it is just a waste of time so if my money is hacked than I never go to police and I think now all system is providing security and it is difficult that your money can be hacked so I think we should avoid that things through which our money can hack.

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The truth of this differs from one country to another, especially since many countries consider encryption illegal and therefore I do not think that they are able to help us because they do not consider encryption legal.

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No dear there is no suit for stolen of crypto assets because hacking is not east to track hackers they are very intelligent peoples that leave no sign from we trace them

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As crypto is not under control of many countries and that is why it is banned in many countries. If we find and scam or hack we should report it. Don't trust on police in this condition. 

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On 12/30/2019 at 5:03 AM, nicolas1234789 said:

We all know every country has different respond about crypto but if our asset stolen I believe law enforcer should take action because that is crime. If your asset stolen by hacker ( specially in crypto ), do you involve government ( police ) to handle your problem?. If you choose just let it go, are you no longer has trust law enforcement can handle this problem

I agree with you friend that it's important to involve law enforcement agencies in crime situation, but crime comited on crypto currency exchange platform ain't really easy to solve by the local law enforcement agencies, your country of residence might actually be against Crypto currency exchange based transactions in the first place, also due to decentralized nature of crypto currency, tracking is really a challenge.

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On 12/30/2019 at 5:03 AM, nicolas1234789 said:

We all know every country has different respond about crypto but if our asset stolen I believe law enforcer should take action because that is crime. If your asset stolen by hacker ( specially in crypto ), do you involve government ( police ) to handle your problem?. If you choose just let it go, are you no longer has trust law enforcement can handle this problem?

It depends, if you country do not legalize cryptocurrencies, you can not report, but if your country legalize cryptocurrencies, you can report. But it will be good to just avoid mistakes because the chance that you will not get your stolen cryptocurrencies back is higher, so precaution not to lose should be considered. 

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The problem with your suggestion is that reporting your problem to a law enforcer/police will get you arrested in a country where bitcoin is not legal especially third world countries so I think that if there are members of the crypto world living in such places, the best advice to them would be to keep their crypto currency safe from hackers.

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Many countries and governments are not proficient in the field of cryptocurrencies, and there are no laws that protect these assets, but with time I expect that laws and protection measures will be put in place.

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I think the most popular cryptocurrency in recent times is considered to be the most powerful and secure currency in the world. I know so far that this type of currency is used to protect money from the public but there are many who would disagree. The wallet you have recently chosen is up to you security if you have just lost your coin in the law that recovers your coin for the thief

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If Cryptocurrency is recognized in one's own country, then we can report any hacking issue to the police department.They will in turn forward our complaint to the Cyber cell to take the necessary action. But even if it is recognized in our country, it is very difficult to recover the money lost especially if the hacker is from another country.

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On 1/13/2021 at 6:06 PM, GanBin said:

It depends, if you country do not legalize cryptocurrencies, you can not report, but if your country legalize cryptocurrencies, you can report. But it will be good to just avoid mistakes because the chance that you will not get your stolen cryptocurrencies back is higher, so precaution not to lose should be considered. 

That exactly, we should be careful of the way we are dealing with cryptocurrencies especially in the countries they are not legalized. Because if someone is defrauded in such country in crypto will not be able to report. Also in the country citizens can report, there are many or most of the cryptocurrencies  stolen can not be recovered. We need to be careful and avoid scam. 

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It would be the most convenient but since many countries do not support cryptocurrencies, it is easier for them not to support in the event of a cryptocurrency theft, although it is their duty they prefer not to support giving bad positions as defenders of our assets, but in short, they are things that we must tolerate until the moment.

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I believe that each country should be current in a different way but however it is something that security systems must be updated every day regarding these issues and exchanges and wallets be associated to allow the user to report an act of crime anywhere the platform and be able to catch those who commit the crime.

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Of course, I will not tell the police, there is no real law that protects you from dealing with cryptocurrencies, in addition to many countries in the world prohibiting the use of these currencies, and also the difficulty of tracking cryptocurrency transactions because of their dependence on the blockchain, so you will often not get your money back.

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It is that the force of order cannot handle hackers completely, if they steal our assets we will not have how to track these people, much less know where to start the investigation, we should certainly have more security, but these hackers are another level that the officers can find or track, so if you are scammed you are scammed.

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