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Author Topic: Is it illegal for someone to hack my BTC wallet?  (Read 15196 times)
lisasteca
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May 07, 2018, 01:59:20 PM
 #201

It is a fundamental question and it is precisely the main problem of cryptocurrencies: legal protection! In many countries they are considered more or less like gambling tokens so no one would be punished for violating a cryptowallet.
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May 07, 2018, 02:47:00 PM
 #202

This could be under the investigation of cyber crime division, BUT does your government recognizes Cryptocurrency in your country in order to make legal actions regarding this case?
This could be a perfect example of a good feature for cryptocurrency to be regulated by the government. PROTECTION.

R


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Rayner77
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May 07, 2018, 02:49:02 PM
 #203

This could be under the investigation of cyber crime division, BUT does your government recognizes Cryptocurrency in your country in order to make legal actions regarding this case?
This could be a perfect example of a good feature for cryptocurrency to be regulated by the government. PROTECTION.

That's why I always say that cryptocoins being regulated is not a bad thing at all. It protects users from a lot of bad things. Sure, the govt takes a portion of your money, but it's worth it.
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May 07, 2018, 03:32:46 PM
 #204

Is it possible to hack someone BTC wallet? & how possible please
cryptorocket84
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May 09, 2018, 11:15:28 AM
 #205

Invading, accessing or hacking someone else's btc wallet without the owners permission is fraud, the issue is that you cannot as well report this to the authority because most country see it as illegal so there is no protection for customers .
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May 09, 2018, 01:45:27 PM
 #206

Most of civilised country's recognise digital theft.
Different definitions are taken in to consideration. But most of those states have
something like " if one breaks through securities to poses things that are hidden behind those
securities, this is considered a crime against law of possession"  In my country at the least
most of cyber goods, like items from WOW or LOL are protected under this law.
I think bitcoins are no different, also are goods, digital but still.  
You have a good answer buddy. But what kind of civilized country, is that a country considered bitcoin as legal? If that so, then, theft of someone's key privacy will automatically considered criminal, what he did is illegal. But if in the country where crypto are illegal, I don't think crypto believer would receive any legal action from the government against the theft specially when cryptos on such country is illegal.
BTCeminjas
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May 09, 2018, 04:55:51 PM
 #207

Invading, accessing or hacking someone else's btc wallet without the owners permission is fraud, the issue is that you cannot as well report this to the authority because most country see it as illegal so there is no protection for customers .
No, you can still ask help from the government if one of your wallet accounts gets hacked, yes that a part of fraudulent and it is still punishable by the law if you caught the suspect. It's a part of cybercrime case related and that is illegal activities by the law.
But mostly this case probably unsolved due to hard trace suspect, the best thing to do is be careful with your account and secure.
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May 09, 2018, 05:52:57 PM
 #208

Under the protection of law all things declared under the name of any individual is considered and needed to be protected by law, as for example declaring source of income and declaring your private properties when paying your tax, incase your profile and online account related to business or any private property you have the right to cease any criminal who poke or stole something from your property, but in cryptocurrency it is difficult to file a case since we are not registered to any government agency hence law can't protect us directly when our wallet account are hack.
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May 10, 2018, 12:09:34 AM
 #209

This could be under the investigation of cyber crime division, BUT does your government recognizes Cryptocurrency in your country in order to make legal actions regarding this case?
This could be a perfect example of a good feature for cryptocurrency to be regulated by the government. PROTECTION.
Any pass word in any account in the internet is considered a personal belonging, considering private key of electronics wallet
 is considered your personal property belonging, even if bitcoin is illegal or legal in your country hacking personal information is considered a violation under the cyber law.

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May 10, 2018, 01:51:30 AM
 #210

This could be under the investigation of cyber crime division, BUT does your government recognizes Cryptocurrency in your country in order to make legal actions regarding this case?
This could be a perfect example of a good feature for cryptocurrency to be regulated by the government. PROTECTION.
Any pass word in any account in the internet is considered a personal belonging, considering private key of electronics wallet
 is considered your personal property belonging, even if bitcoin is illegal or legal in your country hacking personal information is considered a violation under the cyber law.

Yeah I understand your point. But still different when a certain country regulates cryptocurrency. During times like these, they could fully attend and cater your needs, file specific charges against the criminal because cryptocurrency is already part of the system. Whereas if cryptocurrency is illegal in your country, you might be charged for using it and not abiding the law and your complain will be trashed, nobody wants that to happen.

R


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May 10, 2018, 10:31:04 AM
 #211

yes, because it is very harmful to us, if someone takes or claims that does not belong to us it can already be proved that they committed a great crime.
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May 11, 2018, 09:24:43 AM
 #212

I'm not clear on this one point.  If somebody got a hold of my private key and moved funds from an address that I claimed on the ledger, is that against the law?  At what point could that be considered a crime?  For example, if they hacked into my machine and stolen the private key; if they sniped the pk while snooping on a public access connection; brute forced the pk into existence; or just plane snapped a shot of my qr code over my shoulder....ect  In which of those examples could I pursue prosecution for the theft of my coin?  
Yes, of course, this is very illegal. Because the hacker has stolen what it does not belong to. But that's the work of the hacker, just stealing and making everyone uneasy for fear of losing his money. But if this happens in my country, I can guarantee no one can help. The government will not be responsible for this incident.

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May 14, 2018, 07:50:35 AM
 #213

It is considered as a crime. They have no permission to have your funds and they stole it by hacking your wallet where hacking is already illegal so it's like 2 counts of charges.
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May 14, 2018, 08:24:41 AM
 #214

It is considered as a crime. They have no permission to have your funds and they stole it by hacking your wallet where hacking is already illegal so it's like 2 counts of charges.
And even though it's one of the illegal things, but however every country has different responses on cryptos/bitcoin, sometimes we have to overcome it ourselves without government help/protection because crypto is still not legal.

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May 14, 2018, 08:50:57 AM
 #215

For some one to have access to to your wallet is a crime already because your wallet is your private property and it is for  you alone or else you authorized someone to do so. This crime can be prosecuted if you have all the proof.

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May 14, 2018, 09:40:41 AM
 #216

The answer here depends on your country. Actually as per the general preposition a wallet is property of the person who holds the private key. There is nothing that once you create a wallet you have got your name on it. So if anyone has your private key you will first have to prove that you originally owned the wallet. Now here the problem is that most of the countries don't even have any law about bitcoin and crypto so there loss is not even considered as a theft or anything. So I think you have no protection from law even if some one hacks into your wallet.
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May 14, 2018, 10:19:13 AM
 #217

Yes, it will be recognized as a crime but as the practice of many people from different countries shows that not every case can be resolved.
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May 16, 2018, 05:29:24 PM
 #218

Yes, it is illegal to hack another person bitcoins account. Whether the government approves bitcoin or not. it is criminal to get hold of another person account or intrude into someones business without his/her approval.
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May 16, 2018, 05:57:06 PM
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 #219

I'm not clear on this one point.  If somebody got a hold of my private key and moved funds from an address that I claimed on the ledger, is that against the law?  At what point could that be considered a crime?  For example, if they hacked into my machine and stolen the private key; if they sniped the pk while snooping on a public access connection; brute forced the pk into existence; or just plane snapped a shot of my qr code over my shoulder....ect  In which of those examples could I pursue prosecution for the theft of my coin?  
Obviously yes! Apparently, hacking is a sin! It is just like you stole something that's not yours! It's a criminal things-taking something that is not yours without her/him approval that's hell!

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May 18, 2018, 07:12:04 AM
 #220

There is no law that says if someone hacke you it is legal. Therefore to hack someone is not legal but illegal however government is seldom to action this kind of issue unless it is about national security.
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