Not all hacked on exchanges are real

[Xxmodded]

The perfect theft in crypto is claiming that a project or an exchange is hacked when its all an inside job, the reason why I think about this is I have never heard about other top exchanges helping a exchange that just got hacked to track their funds and get some back at least but if it's a sole hacker from outside they will track him or them down, why is that?.

I am waiting with this tread and topic discussing because many issues with exchange market hacked but I have the same ideas with you because not all hacked on exchanges are real, they make claimed by their self about exchange hacked but its not trues how to stolen funds easy by giving fakes news. But have several exchange close transaction when got hacked although later give back assets for member. Waiting with next cases will have exchange hacked and giving the same reason or not?

[Blowon]

The perfect theft in crypto is claiming that a project or an exchange is hacked when its all an inside job, the reason why I think about this is I have never heard about other top exchanges helping a exchange that just got hacked to track their funds and get some back at least but if it's a sole hacker from outside they will track him or them down, why is that?.

Actually I also have a strong suspicion about it, a program that was created must have been equipped with high security layers. Especially when it comes to user property rights, such as brand assets on the platform, of course the security of the platform is made as perfect as possible. While there must have been a loophole, it would have taken at least years to get to it and it wasn't easy, unless it was an insider's negligence that led them to lose their exchange assets through their own fault.

[cryptoaddictchie]

The perfect theft in crypto is claiming that a project or an exchange is hacked when its all an inside job, the reason why I think about this is I have never heard about other top exchanges helping a exchange that just got hacked to track their funds and get some back at least but if it's a sole hacker from outside they will track him or them down, why is that?.

Maybe got a point. Its kinda hard to track a centralized exchange on chain, which was hacked. Even the said exchange hacked, there is no showcase of it that can ve seen onchain. There arr plenty of movement in and out of big markets and seeing this will give us only minor views that can ve verified that the hack is that.

Its more seen on decentralized but when we talk avout cex hacked it could be an inside job as well.

[makishart]

yeah but you can't sure about that as everything hidden by the team. As a public and what can you do to prove it? I know that so many people are also concerning about this problem but remember that you must also aware if none has proof for that. Rather than doing random scam accusations that can be a boomerang for us and it's better not to deal with that kind of exchange site again.
This case was happening so many case but people are so difficult to prove it.

[awik p]

The perfect theft in crypto is claiming that a project or an exchange is hacked when its all an inside job, the reason why I think about this is I have never heard about other top exchanges helping a exchange that just got hacked to track their funds and get some back at least but if it's a sole hacker from outside they will track him or them down, why is that?.

Maybe got a point. Its kinda hard to track a centralized exchange on chain, which was hacked. Even the said exchange hacked, there is no showcase of it that can ve seen onchain. There arr plenty of movement in and out of big markets and seeing this will give us only minor views that can ve verified that the hack is that.

Its more seen on decentralized but when we talk avout cex hacked it could be an inside job as well.

Hacking is an act of theft that occurs on an exchange, it is logical that an insider could do it. because not a few said they were hacked and their exchanges were closed, and that was just an excuse. especially in the absence of a clear legal basis, it seems to be an opportunity for them to make it a job. therefore I personally prefer to keep it in a personal wallet, to maintain security, because we find it difficult to file a complaint when that happens

[bittick]

So, who will know agenda that already planned by the team? The only thing that investor can do to get back their money from the scammers but it's almost impossible since the funds will always be sitting in the new address which was not controlled by the team of platform that got hacked. the scammers who act like a develop who will always be using this kind of trick to fool others and investors.
The difficult thing is we can't prove it easily and that means it's hard to bring the scammer who claimed to be a hacked case to the court

[Henrobakkara]

I've never thought of this before, but what you're saying may be true. Usually nowadays hackers happen because of user negligence, if it is looking for loopholes from within the system itself of course it will be very difficult if they never work there, it takes a long time even with the existing security it shouldn't be completely hackable if they come from outsider.

I kinda agree too but I guess that leads me to ask this question since I really don't have much info on it. Has there been any exchange hacking activity that has happened and later resolved that has had links to been done by some insiders? As I said, I believe this can happen because humans are devious and especially in this crypto space.

[vanesha]

This conspiracy theory is quite plausible and may possibly be true in some cases. About other exchanges helping, well I guess every man for himself? I don't know. What's sure though is that when exchange hacks happen a lot of people get affected specially newbies because most of the newbies make exchanges as wallets and keep majority of their funds in those exchanges. Heck, if exchange addresses accept altcoins the way normal wallets custodial/noncustodial would, I bet they'd opt for an exchange rather than a safe wallet.

Unfortunately theory alone is not enough, even though it has strong reasons, without any evidence we do not have any right to appoint a person even if he is guilty. I just can't understand, if it really happened to their insiders, why should it happen whereas to build their community and users it takes a long time, if the insiders attack on purpose, they just destroy what they made. Maybe a traitor?

[X-ray]

When you are accusing the exchange sites that accudently hacked by hackers and fund were being stolen and they will ask you was there a proof for your accusation. in this case your speculation may become a very bad thing for you. Im sure that others will have same opinion like you but they can't prove it and so that will be useless and waste of time.
Just let exchange sites and its users to solve its problem by themselves. So many exchange sites exist in the market but only some that can handle this problem so well.

[0verseer]

This is nothing new, plenty of us already suspect most of all recent hacks lately likely collaborated between hackers and insiders of a project or exchange. What is more important is how to prove it with concrete proof to make those doing the inside jobs with hackers return their ill-gotten money back to the victims. This is also a lesson for anyone investing in project or using dubious exchange. Scam and hack today are quite clever and not the old bitconnect trick anymore.

[lixer]

actually no one really knows who is the mastermind behind the hack, but from the conclusions I read from the opinions here, the exchange party will definitely seek the truth if it is an insider / outsider who did it
and hacking is often used as an excuse for the exchange when the token value goes up 100% and even more so that there is an improvement

Even if it is true that this is done by hackers in carrying out hackers, it may be very difficult to reveal who is behind all of this, unlike if this is done by insiders, it must be very easy to find the perpetrators who carried out hackers, because after all access to enter the system is very dependent on the command. given, a hacker doesn't easily hack if not given access as a notification, there are definitely controls that can be turned off if this happens by an outsider

It's difficult but it's possible. Many crypto hackers on the past have been busted out by the authorities. Once some of the members gets caught, authorities can do something like scaring them to tell if who is their mastermind and who are their other members. If it's an inside job then that is much more harder to solve the case because no one will tell the truth as all of the personnel agreed with that before. They shared the money equally, that's why no one will betray the other.

Hackers are smart dudes and they can bypass any system as long as they are dedicated enough and it won't matter to them even if the security is strong or if they can't get any help from the inside.

[lalabotax]

If this was real, why did it have to be like that? Wouldn't that actually harm the exchange itself by reducing its security reputation?
I'm not sure what you're saying and think this is just an accusation. Moreover, this is just an opinion that is not based on evidence. So this is just going to be an equally unproven debate.

Unfortunately theory alone is not enough, even though it has strong reasons, without any evidence we do not have any right to appoint a person even if he is guilty. I just can't understand, if it really happened to their insiders, why should it happen whereas to build their community and users it takes a long time, if the insiders attack on purpose, they just destroy what they made. Maybe a traitor?

Exactly, if he has an evidence and it is strong enough, it will make sense and we will believe him. But there is no evidence, so it seems like only an accussation. I really hope that this thought is wrong and exchanges are not like that. They must be responsile of anykinds of crimes or what happen in their exchanges.

[Lanatsa]

The perfect theft in crypto is claiming that a project or an exchange is hacked when its all an inside job, the reason why I think about this is I have never heard about other top exchanges helping a exchange that just got hacked to track their funds and get some back at least but if it's a sole hacker from outside they will track him or them down, why is that?.

No one really knows if its played out or totally a real hacking incident and we know that not all hackers would be that dumb on sending out those hacked funds on a platform considering that high chance that those

funds would be locked up much sure specially if the community do really mainly sees about the said issue or event.Neither an alibi or not then there's nothing we could do or something we do know

where these exploits and access are really that real thats why its never been suggested or good idea to store big amounts on any exchange.

[goaldigger]

Inside jobs are real, and yes not all hacking incidents are real most of the time its a staged performance so they can get the money or have a good exit here in the market.

This is why we should not put big money on exchanges, we should be more careful dealing with them. I remember a news about the Official of an Korean exchange getting involve into this kind of scheme, its really possible to happen. I hope regulations can prevent those people from doing this well at least for the CEX.

[serjent05]

The perfect theft in crypto is claiming that a project or an exchange is hacked when its all an inside job,

I agree, but the problem lies in how to prove that it is an inside job.  We can spread rumors about it but can be easily debunked if valid proof isn't presented.  It will only look like witch-hunt stuff.

the reason why I think about this is I have never heard about other top exchanges helping a exchange that just got hacked to track their funds and get some back at least but if it's a sole hacker from outside they will track him or them down, why is that?.

It is not the responsibility of other crypto exchanges to help their competitors.  They can cooperate in blocking cash-out transactions if the hacked crypto was moved to their exchanges and I think that is enough to consider as giving a hand.

[Dervish doff]

there are a lot of unexpected incidents against assets, such as hacking of other people's assets, let alone the crypto world, in the banking world there are also hackers, but most of them are not done by outsiders, so the vulnerability to loss of assets, must investigate insiders first, because it straightens out hackers outside makes trouble.

[inanilujimi]

I also think so, most of it has been done by insiders to get big investors money. as if they were hacked because there was no external audit they made themselves victims while what actually happened did not match reality.

[FirmWars]

This claim hasn't been proved before but that doesn't mean its wrong, humans are the most dubious I've ever seen, betrayal and deceit are very common among us, this is why I don't trust Dex platforms as well and their own part is when more safer if they do anything wrong because no one will question them.

[ringgo96]

Without any real evidence we cannot say that there are traitors in a project, why is it difficult to track down hackers of course they have planned well when committing crimes, in fact they have tracked the hackers but the transaction address used is indeed very special so it is very difficult to track their whereabouts, but there are some projects that are betrayed by insiders.

[Psynthax]

I don't believe if the privatekey from the hot wallet can be stolen easily. It doesn't make sense if there was a big movement and the developers didn't even aware about that. the same thing that happened with axie infinity even the team was know about the wallet already hacked a week after it has happened. that sounds like the dev itself didn't even care about the money from the investors that stored in the hot wallet. This can be a manipulation from the developers.