Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Edward50 on June 17, 2011, 09:03:52 PM



Title: What can someone who had their bitcoins stolen do?
Post by: Edward50 on June 17, 2011, 09:03:52 PM
With cash stolen I guess you get can the police or FBI involoved. If you have your bitcoins stolen, can you get any help from the state or federal government?


Title: Re: What can someone who had their bitcoins stolen do?
Post by: TraderTimm on June 17, 2011, 09:10:31 PM
With cash stolen I guess you get can the police or FBI involoved. If you have your bitcoins stolen, can you get any help from the state or federal government?

That would require them to officially endorse bitcoin as a store of value. Because you can't pursue a claim unless you can attach some kind of USD value to it.

Or you could post a thread for sympathy, I guess.


Title: Re: What can someone who had their bitcoins stolen do?
Post by: tymothy on June 17, 2011, 09:13:45 PM
With cash stolen I guess you get can the police or FBI involoved. If you have your bitcoins stolen, can you get any help from the state or federal government?

That would require them to officially endorse bitcoin as a store of value. Because you can't pursue a claim unless you can attach some kind of USD value to it.

Or you could post a thread for sympathy, I guess.

It would require an extra leap, but I'm pretty sure you could convince a judge that 25k bitcoins combined are worth more than $20. Though you have to consider what you'd really gain by getting law enforcement involved. Unless you knew who had taken them, I don't think law enforcement could do much.


Title: Re: What can someone who had their bitcoins stolen do?
Post by: Timo Y on June 17, 2011, 09:15:09 PM
That would require them to officially endorse bitcoin as a store of value. Because you can't pursue a claim unless you can attach some kind of USD value to it.

They can pursue it as a case of "data theft".


Title: Re: What can someone who had their bitcoins stolen do?
Post by: pokermon919 on June 17, 2011, 09:16:42 PM
Its still Grand Theft so police should get involved if you let them know a crime has been committed. The hardest part of finding out the person that committed the crime.