Could there be a law on stolen bitcoins?

[kryptqnick]

I believe it depends on the country, because legal status and law systems are different, you know. In the countries where it is out of the law and there's no precedent in the law system you can steal btc and won't be punished at all. However, if you are in a country where btc is legal and it is possible to understand who stole your btc then the laws must already be there. And I'm sure you remember that guy saying he's sorry for stealing a lot of btc somewhere in Japan. I suppose he's in prison now.

[Sled]

That can be possible for bitcoin to have a law for this kind of incidents like being stolen or hacked accounts or bitcoin but it always up to the countries that supports bitcoin, if they support bitcoin and if they prioritize bitcoin they will make a law for bitcoin that can ensure its value.

[Doamader]

There is no way to make a law to stolen bitcoins, since there is no way to reverse or acess any wallet adres besides the owner, the same way people does invest into ponzie, scam, hyip, and end loosing their money, you are in plenty control of your coins, soo every decision you make, every transaction its your fault, if you end loosing the coins investing them at wrong places. Soo i dont see what a law could do to people that invest at wrong places expecting the gold tree to multiply your investment.

[xIIImaL]

That can be possible for bitcoin to have a law for this kind of incidents like being stolen or hacked accounts or bitcoin but it always up to the countries that supports bitcoin, if they support bitcoin and if they prioritize bitcoin they will make a law for bitcoin that can ensure its value.

I don't think law can be act with bitcoin system as bitcoin is the decentralized one as of now. However we should careful from the scammers and hackers in the bitcoin network

[Xester]

No, there couldn't. How could you prove that it is yours ? And how could you prove that the transaction sent was unintentional ?

This thing really makes me feel sad, nothing can protrct bitcoin user against some bad people in the virtual world. If someone hack your account and stole ypur bitcoins, where to run? Where to go? Nothing!theres no law for bitcoins. And if ever your bitcoin wallet was hacked and you will tell that to the support of your wallet provider, they will just tell you that pls keep your password protected and do not yell it to anyone. Thats why i wanted  to atleast have law on bitcoins.

[groll]

Could there be a law on stolen bitcoins? What if there would be a law punishing those who steal bitcoins and those people behind scam sites? And if so, is it necessary to have such law? I'm just wondering, if there would be such law about stolen bitcoins, it could be a big relief to us bitcoin users. But then, there are so many questions and issues that goes with this ideal that makes me skeptical about it. 

Who would do that punishing thing? A country? An authority? Ofcourse no one will as long as bitcoin is not legalized in the world, bitcoin is still a digital currency that is used on internet, why would someone get punished for stealing numbers on internet? And even if they are spotted, who would prove they have done something like this as long as they can hide the coins which is possible in bitcoin?

Well if someone claims that someone stole his bitcoins he will probably make a report to the local police in his country,but it is impossible to prove that bitcoins were stolen so anyway there can be no laws regarding bitcoi s and people should stay safe when it comes to bitcoins.

A lot of digital crimes aren't processed especially in third world countries, a lot of governments don't have neither laws about crimes like that and don't have knowledge to find/arrest this kind of criminals.

It's hard to someone hack you and stolen your bitcoin however if it happen, probably you can't do much about.

This is really the sad thing about the reality in bitcoin user, There is no law that will protect us. If someone stole your Bitcoins in your wallet, no one will punish the person who did this. and most, no one will ever make an effort to trace those criminals. This is very difficult for us since bitcoins was not really legal in our government. so they don't care at all.

[Liad.Services]

Could there be a law on stolen bitcoins? What if there would be a law punishing those who steal bitcoins and those people behind scam sites? And if so, is it necessary to have such law? I'm just wondering, if there would be such law about stolen bitcoins, it could be a big relief to us bitcoin users. But then, there are so many questions and issues that goes with this ideal that makes me skeptical about it. 

Who would do that punishing thing? A country? An authority? Ofcourse no one will as long as bitcoin is not legalized in the world, bitcoin is still a digital currency that is used on internet, why would someone get punished for stealing numbers on internet? And even if they are spotted, who would prove they have done something like this as long as they can hide the coins which is possible in bitcoin?

Well if someone claims that someone stole his bitcoins he will probably make a report to the local police in his country,but it is impossible to prove that bitcoins were stolen so anyway there can be no laws regarding bitcoi s and people should stay safe when it comes to bitcoins.

A lot of digital crimes aren't processed especially in third world countries, a lot of governments don't have neither laws about crimes like that and don't have knowledge to find/arrest this kind of criminals.

It's hard to someone hack you and stolen your bitcoin however if it happen, probably you can't do much about.

That's right, but the person who got scammed or got his bitcoins lost by another person is the one to have the report made, not the person who did the scam, and this person usually doesn't live in 3rd world countries, so finding the person who made the scam is possible, but putting him to law is pretty hard, as proving that he really made the theft is difficult.

[BitcoinPC]

I don't think that any law is here, Actually, many time i have bought the bitcoin and also sold them, but nothing any law i saw, may be some law is here, but i can't see any law discussion and also no one is here who said that when he want to sell his bitcoin than he faces the law, only some rules and regulations are here and nothing else.   

[ivanst776]

Could there be a law on stolen bitcoins? What if there would be a law punishing those who steal bitcoins and those people behind scam sites? And if so, is it necessary to have such law? I'm just wondering, if there would be such law about stolen bitcoins, it could be a big relief to us bitcoin users. But then, there are so many questions and issues that goes with this ideal that makes me skeptical about it. 

I'm not sure if there is any law for stolen bitcoins but there should be because it is the same thing as stealing money.

This phenomena is damaging the bitcoin itself but also the bitcoin users because they are unsafe if someone else steals money.

[BitcoinHodler]

Could there be a law on stolen bitcoins? What if there would be a law punishing those who steal bitcoins and those people behind scam sites? And if so, is it necessary to have such law? I'm just wondering, if there would be such law about stolen bitcoins, it could be a big relief to us bitcoin users. But then, there are so many questions and issues that goes with this ideal that makes me skeptical about it. 

I'm not sure if there is any law for stolen bitcoins but there should be because it is the same thing as stealing money.

This phenomena is damaging the bitcoin itself but also the bitcoin users because they are unsafe if someone else steals money.

yeah there should be but good luck telling that to the law enforcement. and if you are living in one of those developing countries and encounter someone who is technologically challenged you are going to have a hard time even making him understand what you mean let alone file a complaint.

[buwaytress]

Even if it somehow comes to enforcement and legal action the most I usually see it come to is sites being shut down and warnings issued by financial security.

People don't go to jail for these type of scams and most cyber crime efforts are now focused on copyright infringement and financial (fiat) fraud.

[staff_1307]

I think that this law will not be until Bitcoins become the property of the government.

[cpfreeplz]

Could there be a law on stolen bitcoins? What if there would be a law punishing those who steal bitcoins and those people behind scam sites? And if so, is it necessary to have such law? I'm just wondering, if there would be such law about stolen bitcoins, it could be a big relief to us bitcoin users. But then, there are so many questions and issues that goes with this ideal that makes me skeptical about it. 

I'm not sure if there is any law for stolen bitcoins but there should be because it is the same thing as stealing money.

This phenomena is damaging the bitcoin itself but also the bitcoin users because they are unsafe if someone else steals money.

yeah there should be but good luck telling that to the law enforcement. and if you are living in one of those developing countries and encounter someone who is technologically challenged you are going to have a hard time even making him understand what you mean let alone file a complaint.

Haha all they would here is someone stole my legend of Zelda rupees! Get them nao! I'm gonna sue! It's sad but true, a lot of people don't know or care about bitcoin or recognize bitcoin as a legitimate currency.

[Meycell]

i think , there is not law all about online activity
but this is good idea to make law about online activity