Exchange Hacked - Thief Caught?

[Muzika]

Can those hackers who steal coins from online wallets be identified and arrested? Any news before that anybody were arrested?

if the hackers are very knowledgeable on hacking at the same time they know how to escape any loopholes on how they are able to trace then it would be hard for the authority to found them but if they only know hacking and they dont have any knowledge to make an untraceable transaction most likely they will gonna caught specially when they will use their personal address wherein they pass KYC for it.

[uray]

if the hackers are very knowledgeable on hacking at the same time they know how to escape any loopholes on how they are able to trace then it would be hard for the authority to found them but if they only know hacking and they dont have any knowledge to make an untraceable transaction most likely they will gonna caught specially when they will use their personal address wherein they pass KYC for it.

There are levels when it comes to hacking, if someone is using a script or a method which is available online and trying his luck out and end up hacking because of a bad security or a loop hole of the system, he might not be that intelligent to understand the full impact and he can be traced, yes some of the wanna be hackers were caught but the hardcore hackers who stole large amounts are no were to be found.

[r1s2g3]

In many case this come to be a inside job like this:

https://www.crypto-news.in/news/breakthrough-coinsecure-hack-former-cso-admits-logging-server/

I am not able to find about current progress in this case.

you should verify if exchange is registered as a business or not. In some cases  there are scam exchanges.(no need of hack, you are directly giving money to scammers.)

[ariyzt]

hacking exchange market isn't something new on cryptocurrency, but thief caught? that would be something rare happend, many chase but thief walk free out of there.

[Little_king]

I think there is need to always track the hacker and get them arrest to eliminate the future occurrence , because the way it is known for not traceable makes them believe they will go free with the bad deal and if many or any that commit such are always brought to book then the other will rethink before considering it as a means of survive.

[okala]

hacking exchange market isn't something new on cryptocurrency, but thief caught? that would be something rare happend, many chase but thief walk free out of there.

Very rarer I have not seen cryptocurrency scammers or hackers been caught before and this is the first thread am hearing such but the fact is it possible that a hacker may be trace and apprehended but it a very difficult quest and at the same time on a rarer occasions that such event have happen I hope in the future we will have more of those incidence.

[Adriano2010]

It depends, if hackers use a wallet that not ask kyc to use it then is hard to indentify them and after to sue them and recover coins if are not selled, maybe in future exchanges should take more measures to store more safe the coins or maybe in future will be asked a video when login to see if is same person who access the exchange, but also for this a person need to give access to someone from family if something happen so the funds to not be lost.

[proTECH77]

hacking exchange market isn't something new on cryptocurrency, but thief caught? that would be something rare happend, many chase but thief walk free out of there.

Some hackers aren't good enough for tracks cover after they might have carried out their stupid act. One thing for one to hack, and another to cover the mess which seem very difficult sometime to many unprofessional hackers, which by another professional, their true identity can be reveal if they aren't good in cleaning up messes after hack. Hackers are been caught and not something difficult, if not done in a proper way.

[Eraldo Coil]

Yes, they can get caught. Here in my country there are frauds that are related to cryptocurrency and they are arrested for doing it. Which gives a bad reputation to cryptocurrency. But still, there are a lot of hackers who are not caught because of the anonymity and so meaning we have to be extra careful and not store our funds in the exchange sites.

[Astvile]

Yes ofcourse,hackers uses VPNs or different ip hiding their identity when hacking something but when a group of scammer leaves a small hole on how they hack the system and leave ip traces this is where they got arrested.But there are just some proffessional hackers that always do the work clean and leave no traces

[rahmatullah9305]

Hackers will be detected, whoever they are and how sophisticated they hack sites / networks. If he hacked the company network, just waiting for a report from the company about the losses. If an investigation order is issued, law enforcement officers can follow up on this case and can use third party services to assist with the investigation. In general, the internet has two opposite sides, in reality hackers will remain anonymous. but digitally their tracks will be tracked by the providers they use.

[pushups44]

Can those hackers who steal coins from online wallets be identified and arrested? Any news before that anybody were arrested?

Yes, they can be tracked using the blockchain. At some point they must convert their cryptocurrency to fiat to reap the rewards of their hack, and it is at that point that they are vulnerable. Generally, hackers who steal relatively small amounts have an easier time getting away with their crimes. The larger the amounts of the hacks, the more of a chance of getting caught and having funds frozen.

[Kemarit]

Hackers can be caught if they are not careful. Usually, those newbie hackers can easily be tracked, however, we can say that there are lots of hackers who are really above intelligent and they know their way out or at least how to cover their tracks. Maybe a good case study in the Binance hack, all eyes are on those addresses and let's see how hackers will avoid those blockchain forensics and if he/she/they will be able to exchanges those coins to fiat.

[Ray55]

I do not think the task is so easy and in such a short time it is possible because I think hackers are smart enough. So in the same way, I think that I will take a little time, but above all, one thing that everyone knows, I also say again, "the truth will win, and hackers will get punished" It is my belief.

[Micerker]

Can those hackers who steal coins from online wallets be identified and arrested? Any news before that anybody were arrested?

We cannot find information and arrest hackers because they have taken advantage of the Blockchain's anonymity to avoid arrested after criminal acts. We need to improve security against hackers and need a team of Altcoin platforms when they move the token to where they keep. Freezing all Altcoin that they stole will make them unable to use them, this is the most optimal measure at the moment.

[iMark]

Can those hackers who steal coins from online wallets be identified and arrested? Any news before that anybody were arrested?

Yes, there are some incidents of hacker stealing crypto being brought to Justice and plenty more where they walk free with pride and money. And in some instances, they were able to bring back the stolen funds without getting the hackers.

I was a little hesitant about that, even exchange sites, mining sites, ponzi sites and many of them were be a scams, and harming many people up to hundreds of bitcoins could not be pursued and captured right? You are responsible for the security of your wallet, you cannot ask for a police or a certain legal entity to catch who stole your bitcoin, because of course it will be very difficult. because of anonymous factors, especially if bitcoin illegally in your country it will make it harder. when I get theft, I just let it go.

[bittraffic]

Not all were caught, they are aware they can be caught if they left traces so they will try not to leave traces to escape all these. Most of them got away. There some assumptions that the exchange themselves are hacking themselves but then this is hard to prove which is why a lot of the bitcoin users will just advice not to put your coins to them, this has been told over and over.

[CBANX Ltd.]

Exchange hacked is in the news again after the Binance's $40M BTC get stolen and due to regulatory consequences hackers are still out with money and the traders and exchanges are suffering.

[bitbunnny]

Not all were caught, they are aware they can be caught if they left traces so they will try not to leave traces to escape all these. Most of them got away. There some assumptions that the exchange themselves are hacking themselves but then this is hard to prove which is why a lot of the bitcoin users will just advice not to put your coins to them, this has been told over and over.

Everyone is making mistakes, so the hacker too and sooner or later they will be caught. But hackers are not the thing that worries me but the behaviour of exchanges. Do they refund their users in case of hacking and in what extend they protect their users. This is still the field that is not regulated enough and in most cases it depends of exchange's good will.

[sheenshane]

The authorities studied enough to be good at catching those people so it is a yes for me.

There will always a moment where the criminals would make a move to make them caught. The authorities won't stop until they can finish all the cases given to them. Also, the authorities do their best to improve and develop the security of their people. So sooner or later, hackers will not be able to run with them.