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Author Topic: The biggest Crime in cryptocurrency  (Read 14778 times)
bhabygrim
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April 26, 2019, 10:59:41 AM
 #121

I think the biggest crime in crypto currency would be hacking of exchanges or wallet,Money laundering of course it wouldn't be new ,And of course let's not forget the Black Market .
This are the famous crimes in crypto industry.

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rorschach1
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April 26, 2019, 11:16:52 AM
 #122

Biggest crime at all times in cryptoworld is scam of MT Gox
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April 26, 2019, 11:26:08 AM
 #123

Subjectively speaking, I think hacking crypto wallets is the biggest crime. I acquire most of my cryptos by joining bounties and working hard for them. Each campaign usually takes a few months to almost a year before getting the rewards. It would be devastating for me to find out that all my hard earned coins were stolen. Scamming would be my next answer. Imagine those people who invested a chunk of their life savings just to fill someone's pocket; now that's harsh and heartbreaking.
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April 26, 2019, 11:42:08 AM
 #124

Obviously, the biggest crime in cryptocurrency is scam or fraud and hacking crypto wallets because it makes a lot of people really depressed and feel so bad. especially for bounty hunters who work hard and spend a lot of time participating in ICO projects and didn't receive any of their rewards.
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April 26, 2019, 01:31:07 PM
 #125

Obviously, the biggest crime in cryptocurrency is scam or fraud and hacking crypto wallets because it makes a lot of people really depressed and feel so bad. especially for bounty hunters who work hard and spend a lot of time participating in ICO projects and didn't receive any of their rewards.

I totally agree. The cryptocurrency space involves a lot of money because it caters the financial industry and we all know that money makes the world go round and is also the root of evil. It's so easy to those stuff on the internet because you can be anonymous anytime you want. Scamming is the top for me while hacking is on the second.
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April 26, 2019, 01:49:49 PM
 #126

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

MEW was not compromised. They simply used phishing techniques  Undecided
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April 26, 2019, 02:25:43 PM
 #127

I think the biggest crime in crypto currency would be hacking of exchanges or wallet,Money laundering of course it wouldn't be new ,And of course let's not forget the Black Market .
This are the famous crimes in crypto industry.

There have been many hacks, exchanges gone under and lots of scam ICOs happening for some time now. No one knows when it will stop but definitely you can avoid being a victim of you research your investments well and do proper keeping of your records. Don't leave any funds on any Exchange to avoid stories that touch the heart. Crime will definitely be a part of the crypto world. Coinbene is still battling with its own and so are the others caught in same web

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April 26, 2019, 02:41:55 PM
 #128

Biggest crime in cryptocurrency? It's obvious it is the Mt. Gox hack. A little crash course on that hack, Mt. Gox is an exchange and it was the largest bitcoin exchange at early 2014 and it was hacked on February 2014. Imagine, about 740,000 bitcoin were hacked. It is still the biggest crime for me.
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April 26, 2019, 04:20:41 PM
 #129

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.  Angry

I can see your point but there is not any trust between two people that exchange value in 1 on 1.
We still need a protocol to be created and protect both of the actors in a transaction like this one. Otherwise, we will still be in this vicious cycle and will be in need for a 3rd party that would act as an escrow.
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April 26, 2019, 04:38:47 PM
 #130

Гдe бы нe кpyтилиcь дeньги ,тaм и бyдyт пpecтyплeния.C кpиптoвaлютoй кoнeчнo пocлoжнee нo вce жe.Cлышaл o тoм чтo мнoгo кoшeлькoв взлaмывaют из зa нeвнимaтeльнocти пoльзoвaтeля и кpaдyт кpиптy,этo кoнeчнo жecть...
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April 26, 2019, 07:07:27 PM
 #131

What does it matter the size of the crime, the fact that crypto is mostly associated with scams is really something to be concerned about, the size of the crime wether big or small does not make it okey, a crime is a crime wether big or small, i think is very important for people to be more vigilant about the project they invested or the exchange they keep their funds, better yet store your funds on your personal wallet.
Arian247
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April 26, 2019, 07:28:09 PM
 #132

The biggest crime in the crypto sphere till date is the Mt. Gox hack, and lots of exchanges need to learn from that least we have another disaster
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April 26, 2019, 07:59:25 PM
 #133

I agree.  I believe that the biggest crime will be that the cryptocurrency is hacked and it will all go to hell.  Here it will be funny.

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April 27, 2019, 05:01:39 AM
 #134

In my opinion, the biggest offense in Cryptocurrency is to cheat. Cryptocurrency is very important in this online time. Many people cheat with this cryptocurrency, their main goal is to deceive people by cheating. There are many such fraudulent online sites that they have gained the belief of people and then cheated them with them. Many are being cheated by these online sites. And because of the fraud, the reputation of the online sites is being lost, so in my opinion, the biggest criminal fraud in the Cryptocurrency.

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April 27, 2019, 05:10:27 AM
 #135

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

Mt.Gox was and will always be the biggest crime, in terms of number of bitcoins, but perhaps not usd$.
That Mark Karpeles is laughing with everyone's coins still. He will come out of his 3 month prison sentence with billions.  



He should be hung, the amount of lives he ruined is as bad as the bankers.

https://www.coindesk.com/mt-goxs-mark-karpeles-found-guilty-given-2-6-year-suspended-sentence
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April 27, 2019, 06:43:43 AM
 #136

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

I think the biggest crimes in cryptocurrencies are centralized cryptocurrencies exchanges. They tend to pose potential risks for traders and those that entrust their funds with them. A lot of things can happen that can compromise these exchanges and make users lose their funds. Too much trust is centralized. This alone defies the sole essence of the blockchain technology which is to eliminate TRUST.
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April 27, 2019, 06:47:16 AM
 #137

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

Mt.Gox was and will always be the biggest crime, in terms of number of bitcoins, but perhaps not usd$.
That Mark Karpeles is laughing with everyone's coins still. He will come out of his 3 month prison sentence with billions.  



He should be hung, the amount of lives he ruined is as bad as the bankers.

https://www.coindesk.com/mt-goxs-mark-karpeles-found-guilty-given-2-6-year-suspended-sentence

A ponzi scheme (GEThelpworldwide.com)  that surfaced in late 2016 and collapsed in 2017 made away with thousands of bitcoins. There are a lot of crimes in the crypto space. One need to be careful. Most of these crypto crimes committed is because people trust too much. They exploit your ability to trust a lot.
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April 27, 2019, 09:40:23 AM
 #138

I'm not updated recently in the news of crypto but all in all here are that are happening in this current situation is all about hacking, because we've seen that people or hackers are easily breaching the security of an exchange or other related in crypto that have a money or value in there.

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April 27, 2019, 09:52:15 AM
 #139

The dangers and stalking in the crypto market are always going on and just the carelessness you will pay and lose all. Hackers always attack us to steal information and Bitcoin.
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April 27, 2019, 10:36:59 AM
 #140

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
Since there are lack of governments control in ICO project then some bad people create ICO project to scam people. I think government should have more role in this investment world but not to restrict or ban cryptocurrency. Government's afraidness about cryptocurrency is too excessive. Now most of hackers are give more attention to bitcoin because they cam get a lot of money from it by stole it or any methode. There are many crime so we have to be careful. I warn any people to always make sure that the website that they visit is right because there are many fake website so if you use service in that fake website then you can lose your money.

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