The biggest Crime in cryptocurrency

[nara1892]

the biggest loss in cryptocurrency is when a few years ago mt gox was hacked which resulted in a loss of 850k btc or around 450m usd
I think to avoid losses it's better to keep it in the hard wallet ... because an online wallet or exchanger doesn't always guarantee security

[morrisgonzalez]

The biggest crime in cryptocurrency is any kind of scam with cryptocurrency. What happen in last year we are all know, million dollars of bitcoins stolen and using these all coin's for scam with people. I think that is the biggest crime in cryptocurrency that steal coin's and abuse them all for scam with users. Million dollars of bitcoin's are abusing for cheat with people, hijacking bitcoin on bitcoin wallets and use them for more crime. It's the biggest crim in cryptocurrency which is scam with people.

[tungaqhd]

That's cloud mining and doublers! 2 years ago (might be 3 years) when i was a newbie, i got scammed by hashocean. They gave very high profit and disappear. Newbie are very easy to be scammed by these scammers.

[ethereumhunter]

the biggest loss in cryptocurrency is when a few years ago mt gox was hacked which resulted in a loss of 850k btc or around 450m usd
I think to avoid losses it's better to keep it in the hard wallet ... because an online wallet or exchanger doesn't always guarantee security

Yeah, I heard that too, but I don't have that experience because that happens when I don't know cryptocurrency. But the crime in the cryptocurrency still happen until now, and maybe it's not got exposed, so we don't know yet. I am sure that for every people will prevent to be the next target of the crime and we need always to be careful.

[BlackPanda]

We've heard exchange getting hacked and millions of dollar worth crypto being stolen. 
Last year, Myetherwallet was exposed and hacker penetrated and stole alot.
Scam ICO made away with millions in recent years.
Crypto traders and investors are taking precautions so as to not fall victim. This doesn't guarantee Scam free Crypto space coz right now someone is being scam.

What could be the biggest Crime in cryptocurrency

Crime in the crypto world will greatly affect the direction of crypto development as a whole. As happened in the hacking action on the exchange, the action of millions of coin theft has made the market red and the price of the majority of the coin has decreased. So this has a big impact and I hope there will be no more big crime like hacking on exchanges.

[MMS2017]

The biggest crime as we can predict is the hacking in the electronic world and crypto currencies are good enough in he market so people can steal your money with out your consent and it is the big crime for me. we are doing work in the crypto era and this is common among the modern world that most of the people use crypto for speculation and investment.

[muratsink]

In addition to hacking and fraud using fundraising, crypto is also an alternative for criminals, although the level of crypto use for crime is very low, but we can see the case of 3 criminals in the United States, one of them is Richard, he did illegal money transmitting, he operated using Bitcoin currency.

and 2 more people, Zhe wong and Szura made a transaction to buy illegal drugs using Bitcoin.

[Nevsky]

We've heard exchange getting hacked and millions of dollar worth crypto being stolen. 
Last year, Myetherwallet was exposed and hacker penetrated and stole alot.
Scam ICO made away with millions in recent years.
Crypto traders and investors are taking precautions so as to not fall victim. This doesn't guarantee Scam free Crypto space coz right now someone is being scam.

What could be the biggest Crime in cryptocurrency

Wallets are only broken because so many people mistakenly send them their keys to them. I know a lot of facts when people were sending out their key to the wallet to participate in airdrops. As for the ICO, I think its time has passed.

[okala]

Actually in myetherwallet scam, I am one of the stupid bitcoiner that being scam. They sent an email as the same as the email of campaign manager at bounty asking for my info like KYC and asking my private keys.I thought it was legit because campaign manager was always sent an email update to me. So next day I found out that my coin  was stole. So I can say that scam is the biggest crime here in cryptocurrency.

That was too gullible of you how can you get an email requesting for your wallet keys and you responded to it, no bounty campaign manager will ever ask you for your private keys unless he have the intention of scamming you. No one have to right to ask for your wallet private keys apart from you.

[LeGaulois]

The biggest crime didn't happen yet. It will be once we let the central banks controlling the Bitcoin network. But if not, I think that it is MtGox that holds the record in the media. In term of funds for sure, all these shit ICOs are the biggest. Still, it's minimal compared to other currencies and like the currencies, Bitcoin can't be blamed but the platform people use and so these people themselves.

Just a few hacks I collected quickly from the web, as you see, only exchanges here...

Mt. Gox 850,000BTC
Bitfinex 120,000BTC
Bitcoinica 101,000BTC
Allinvain 25,000BTC
Bitfloor 24,000BTC
Bitstamp 19,000BTC
Cryptsy 313,000 LTC
Poloniex 97BTC

https://bitcointalk.org/index.php?topic=16457.0
https://en.wikipedia.org/wiki/Bitfinex_hack
https://www.hackread.com/cryptsy-hacked-bitcoin-worth-usd-6-million-stolen/
https://www.cnet.com/news/bitcoin-exchange-bitfloor-shuttered-after-virtual-heist/
https://en.wikipedia.org/wiki/Mt._Gox
https://en.bitcoinwiki.org/wiki/Value_overflow_incident
https://en.wikipedia.org/wiki/Bitfinex_hack
https://en.wikipedia.org/wiki/Bitstamp
https://www.coindesk.com/bitcoin-bitfinex-hack-multi-sig
https://www.coinbureau.com/analysis/biggest-bitcoin-hacks/

[Akash83]

The best bad behavior in Crypto fiscal structures are the manner in which that private brought together associations caught the whole test and after that caused all of these issues. Satoshi did not require people to do P2P trades by methods for third part thought organizations, he required people to trade one on one.
These concentrated organizations used exploitable code and software engineers and cheats promptly gotten this and they concentrated on these vulnerabilities. So Bitcoin was not responsible for these hacks, however rather pariah centralized organizations with weak programming.

[AztecGoldHero]

you can see that kind of news everytime in crypto, and you will see that news allways too,

people will be hacked, exchanges will be hacked, thats normal at internet world, exchanges should be more secure and people should be more carefull about hacks, some times its hard but we should be carefull,

hackers dont sleep

even binance got hacked a few months ago , hackers succed to steal 7500 btc, but binance covered it up

[The Cryptovator]

The biggest crime on crypto-currency is SCAM. But unfortunately most of scams are happening due to our stupid activity. Our greed is more responsible for it. We are always looking for cheap, bonus, free coin and so on. ICO's are making us fool. Scammers asking for private key for free token or airdrop coins, many stupid provide the private key. So we can say most of scam happening due to our stupidity and lazy behaviour

[Ailmand]

The hardest thing about being scammed in crypto world is that you can't do anything about it. You can't sue anyone because most of them are anonymous. The best thing that we can do to get rid of this crime is to be observant and smarter than scammers who know nothing but to steal our funds. We should be careful in every activity that we are doing.

[ExFrozze]

crime in the world of cryptocurrency is indeed a lot and in my opinion this is a field for scamer to make money, in terms of investment alone, ICO is currently relatively inclined to scam, and has brought our assets money, so keep reviewing before you go into the world of cryptocurrency

[black_magic]

Hijacking and scamming money are some of the biggest crime in cryptocurrency, where one's money is stolen in their accounts. Everyone could be a victim so everyone must be aware of it, but the thing here is we can be able to prevent it and secure our money for the future.

[markus124]

The biggest crime in Crypto currencies are the fact that private centralized institutions hijacked the whole experiment and then caused all these problems. Satoshi did not want people to do P2P transactions via 3rd part centralized services, he wanted people to trade 1 on 1.

These centralized services used exploitable code and hackers and thieves quickly realized this and they targeted these vulnerabilities. So Bitcoin was not responsible for these hacks, but rather 3rd party <centralized> services with weak software.  

This! Play it safe, Use a phone wallet to store you coins for the long term (write your seed in a paper!) and dont use any centralized service or exchange as a mid or long term wallet.

[RamBahadur.Gurung]

We've heard exchange getting hacked and millions of dollar worth crypto being stolen. 
Last year, Myetherwallet was exposed and hacker penetrated and stole alot.
Scam ICO made away with millions in recent years.
Crypto traders and investors are taking precautions so as to not fall victim. This doesn't guarantee Scam free Crypto space coz right now someone is being scam.

What could be the biggest Crime in cryptocurrency

These hacks made a lot of users destitute, but I am surprised that you haven't mentioned about the biggest crypto-robbery till date. The Mt Gox robbery resulted in the loss of more than 650,000 coins (worth $3.5 billion at today's exchange rates) and a significant amount of fiat. Five years have passed and there has been no progress in the investigation. Most of us have give up hope that those stolen coins will be recovered and returned to us.

[izanagi narukami]

This is internet where anything is hackable.

Can we prevent it happen ?
Yes, the site for example MEW already tell you for security purpose, you should active 2FA, bookmark their website, etc

[idontcare]

We are here for money so with large amounts of money will always attract thieves, so accept these high risks if you want to make a lot of money. Don't worry technology and protection platforms are getting better and more safe for investors.