What if you received Bitcoin from this wallet

[coin-investor]

Ok you are an old member of this forum and you have staked your address, so you can recover it in case your account was hacked.

and you also did a KYC from airdrops, bounty campaigns, and various exchanges.

And on all these activities, you'll only use one address

Then one day you woke up and found out you received 10000 Bitcoin

from a wallet coming from one hacker's wallet who just hacked one big exchange..

And so many people know who you are where you are located and your status in life
because you are using only one address...

So what do you think will happen to you now..

This might very fictional but the possibility is there.

What I'm trying to emphasize is to avoid KYC and using only one address.

[cocoadreamboy]

Ok you are an old member of this forum and you have staked your address, so you can recover it in case your account was hacked.

and you also did a KYC from airdrops, bounty campaigns, and various exchanges.

And on all these activities, you'll only use one address

Then one day you woke up and found out you received 10000 Bitcoin

from a wallet coming from one hacker's wallet who just hacked one big exchange..

And so many people know who you are where you are located and your status in life
because you are using only one address...

So what do you think will happen to you now..

This might very fictional but the possibility is there.

What I'm trying to emphasize is to avoid KYC and using only one address.

well that is $113 million retail, so who cares, sell them for 9k each for cash lol. That's when you start making some new shady friends lololol

[acroman08]

since they know where you are and can track the transaction to you. all you can do is give it back and provide proof that you don't have the capability
to hack a major exchange site. also they can't prove that you are the one who hacked the exchange site. you can just give the o'l "Didn't do it" if they
ever decided to involve the police. also the court will just drop the case because the opponent lacks evidence to pin you that you are the one who hacked
the site.

[serjent05]

Ok you are an old member of this forum and you have staked your address, so you can recover it in case your account was hacked.

and you also did a KYC from airdrops, bounty campaigns, and various exchanges.

And on all these activities, you'll only use one address

Then one day you woke up and found out you received 10000 Bitcoin

from a wallet coming from one hacker's wallet who just hacked one big exchange..

And so many people know who you are where you are located and your status in life
because you are using only one address...

So what do you think will happen to you now..

I will be rich.  That is a sure thing.  Other thing is all uncertain since we will never know what will happen in the future.

What I'm trying to emphasize is to avoid KYC and using only one address.

Definitely we can avoid using one address but KYC... I do not think people who convert their BTC to fiat can avoid it, especially those who never wanted to do a peer to peer trade of BTC to fiat.

[gentlemand]

I would contact the exchange and send the coins straight back. Job jobbed.

It's not as if you could do much with it anyway. The moment you yourself send it to an exchange you're getting nailed for it.

[enhu]

You will be traced by the government who are tracing the hacker who send the btc to your address. And because you send documents for KYC, you'd be easy to find in your country sooner you'd be  asked to pay all those you spend using the cash you withdraw thru  these BTC. Might be a good idea to leave the coins in your wallet and declare you have no access to the wallet if you plan to keep them in the future or you just have to turn over them the honest way.

[hatshepsut93]

This scenario with 10,000 stolen coins is unrealistic, but there is a more likely one when someone sends you a smaller amount of very tainted coins from darknet markets. However, I don't think it immediately means jail for a victim of such attack, they can build a pretty good defense if they can demonstrate that it was a public address known to everyone and that they don't have any illegal goods in their possession.

What is scary though that just like police plants drugs and other illegal objects on people in order to extort them, they can use this trick with coins in a similar way. In fact, this already happened in Ukraine when police was seizing mining equipment while accusing miners of sending money to terrorists, although these charges were never brought to court - the police simply wanted bribes from miners.

[rdluffy]

It's a lot of money and I would contact the exchange in secret to do the right thing
A huge risk is being exposed and have a lot of hackers trying to hack your e-mails, social networks, and even real atacks to you

[boyptc]

Better avoid a situation that you might regret, I'll do the same of returning it to the exchange without a doubt.

And explain that am not associated with whomever sent it.

[rodel caling]

Ok you are an old member of this forum and you have staked your address, so you can recover it in case your account was hacked.

and you also did a KYC from airdrops, bounty campaigns, and various exchanges.

And on all these activities, you'll only use one address

Then one day you woke up and found out you received 10000 Bitcoin

from a wallet coming from one hacker's wallet who just hacked one big exchange..

And so many people know who you are where you are located and your status in life
because you are using only one address...

So what do you think will happen to you now..

This might very fictional but the possibility is there.

What I'm trying to emphasize is to avoid KYC and using only one address.

Honestly is huge money can use it and easy to relocate, but Much better to get back to the owner because I don't to use wealth not form and not from own hard work.

[bitmover]

What I'm trying to emphasize is to avoid KYC and using only one address.

Certainly avoiding kyc at all costs is a good practice. Don't kyc unless you really need , like to use a big cryptocurrency exchange.

But it is almost impossible for people who deal with cryptocurrencies a lot to never repeat addresses. I use some of my addresses a lot. Usually I keep the same activities in the same addresses, so I can organize my Bitcoin finances somehow


Certainly avoiding repeating addresses is good for privacy, but it is a pain in the ass for most of us in bitcointalk where we receive many different payments from various sources

[Thirdspace]

Then one day you woke up and found out you received 10000 Bitcoin

from a wallet coming from one hacker's wallet who just hacked one big exchange..
~
This might very fictional but the possibility is there.

sticking with fictional version, here's what I would do
I would return it to the exchange and hopefully get a reward for doing so

What I'm trying to emphasize is to avoid KYC and using only one address.

is there really still people using only one address ever?
creating bitcoin address is so easy, if you just have only one address
then you haven't been practicing pseudonym transactions in cryptocurrency

[coin-investor]

What I'm trying to emphasize is to avoid KYC and using only one address.

is there really still people using only one address ever?
creating bitcoin address is so easy, if you just have only one address
then you haven't been practicing pseudonym transactions in cryptocurrency

Yes there are people using one address I have some friends who use only one wallet on all their transactions, airdrop and KYC

This scenario with 10,000 stolen coins is unrealistic, but there is a more likely one when someone sends you a smaller amount of very tainted coins from darknet markets. However, I don't think it immediately means jail for a victim of such attack, they can build a pretty good defense if they can demonstrate that it was a public address known to everyone and that they don't have any illegal goods in their possession.

What is scary though that just like police plants drugs and other illegal objects on people in order to extort them, they can use this trick with coins in a similar way. In fact, this already happened in Ukraine when police was seizing mining equipment while accusing miners of sending money to terrorists, although these charges were never brought to court - the police simply wanted bribes from miners.

That's true, this is one of the reasons why people should not use one dedicated address and avoid doing KYC with one address for all KYC ,  hackers can mislead the prosecutors by sending tainted coins to your address, so if hackers sent small amounts of tainted coins from say 100 addresses who undergone KYC and the owners of these addresses are scattered on so many locations,
the prosecutors will be busy checking these addresses and verifying each one of them.

[seoincorporation]

Ok you are an old member of this forum and you have staked your address, so you can recover it in case your account was hacked.

and you also did a KYC from airdrops, bounty campaigns, and various exchanges.

And on all these activities, you'll only use one address

Then one day you woke up and found out you received 10000 Bitcoin

from a wallet coming from one hacker's wallet who just hacked one big exchange..

And so many people know who you are where you are located and your status in life
because you are using only one address...

So what do you think will happen to you now..

This might very fictional but the possibility is there.

What I'm trying to emphasize is to avoid KYC and using only one address.

Coins are yours at the moment they hit your wallet, and it's your decision what to do with them. If you send them back, the society would say thanks, if you keep them and people know the source from those coins, then you could go to jail.

Another option is to send them back to the address it comes from.

[Baofeng]

Coins are yours at the moment they hit your wallet, and it's your decision what to do with them. If you send them back, the society would say thanks, if you keep them and people know the source from those coins, then you could go to jail.

Another option is to send them back to the address it comes from.

I would rather send them back to the address, I don't want to involved myself from criminals. Although there's a lot of ways to hide like using a bitcoin mixing services, but in the long run, it might bring harm than good to you. I'm sure anyone will be tempted to hold the funds and liquidate and enjoy it for the rest of your life, but who knows, maybe one day authorities came knocking in your door and all that enjoyment and riches you have will be replace by jail time, ouch!!!.

[ityandsyn]

Ok you are an old member of this forum and you have staked your address, so you can recover it in case your account was hacked.

and you also did a KYC from airdrops, bounty campaigns, and various exchanges.

And on all these activities, you'll only use one address

Then one day you woke up and found out you received 10000 Bitcoin

from a wallet coming from one hacker's wallet who just hacked one big exchange..

And so many people know who you are where you are located and your status in life
because you are using only one address...

So what do you think will happen to you now..

This might very fictional but the possibility is there.

What I'm trying to emphasize is to avoid KYC and using only one address.

       If it will be happened to me , I will return it to the exchange to avoid further complict , since we are  using Blockchain technology and it will be tracked by authority so it's better to be fair to everyone or else you'll be jailed someday.

[meanwords]

Ok you are an old member of this forum and you have staked your address, so you can recover it in case your account was hacked.

and you also did a KYC from airdrops, bounty campaigns, and various exchanges.

And on all these activities, you'll only use one address

Then one day you woke up and found out you received 10000 Bitcoin

from a wallet coming from one hacker's wallet who just hacked one big exchange..

And so many people know who you are where you are located and your status in life
because you are using only one address...

So what do you think will happen to you now..

This might very fictional but the possibility is there.

What I'm trying to emphasize is to avoid KYC and using only one address.

You'll be trusted by the moderators when you return the money. It's not like you will be able to do anything in it. You'll be targeted by everyone, and I mean everyone, be it police or some kidnappers. It'll be dangerous if you don't return the money as soon as possible and make it public because people will think that you still have the money and who knows what might people do to you.

It's okay to use KYC and one address, what's dangerous is when you do illegal stuff.

[pooya87]

someone who steals $100 million+ is not going to send it to some random address. why would they go through the trouble of stealing the coins in first place
but hypothetically speaking you should simply send it back because it is not yours. of course first thing you need is the other party (the hacked exchange here) to prove the coins were theirs and came from their addresses.

as for KYC, you should avoid it not just because of hypotheticals but because of reality of how your documents that you submit with ICOs or altcoin exchanges are surely being sold already.

[xSkylarx]

Ok you are an old member of this forum and you have staked your address, so you can recover it in case your account was hacked.

and you also did a KYC from airdrops, bounty campaigns, and various exchanges.

And on all these activities, you'll only use one address

Then one day you woke up and found out you received 10000 Bitcoin

from a wallet coming from one hacker's wallet who just hacked one big exchange..

And so many people know who you are where you are located and your status in life
because you are using only one address...

So what do you think will happen to you now..

This might very fictional but the possibility is there.

What I'm trying to emphasize is to avoid KYC and using only one address.

If my privacy and security is compromise then I have no choice but to surrender that amount of bitcoin. If I'm accussed for something I haven't done, I would not risk myself in danger to the authorities.

Imagine a life of having that amount of bitcoin but you can't even spend it because it was stolen by someome and you need to hide because you were held responsible for it.

[BlackFor3st]

KYC only bring a disadvantage to all the people who submitted their documents in exchange for few dollars or tokens from any project. If the owner of that project will decide to sell all those information's and it will be use in shady transactions then you will be in danger for sure.

It's kinda difficult to defend yourselves in this kind of happenings but I am just hoping that it will not happen and all the project owners will secure the KYC documents.