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$97 Million Dollar worth of Crypto stolen

  • Thread starter Thread starter Abas10b
  • Start date Start date
I don't think I have heard about something like this before. This is a very bad news. I think that they don't have good security on there website. You need to have a strong security in your website since you know you are dealing on cryptocurrency. I think that they made a very big mistake
 
This is a very sad news to hear and especially for the people who might have lost their savings due to the heart and I hope that the scammers will be called anytime soon I think.
 
This is why i will always say that you take your time to do your due diligence before using any cryptocurrency wallet or exchange. This is very key to the safety to all of your cryptocurrency assets
 
My goodness! $97 million? That's hefty; though I'm doubting the news of that their hack. Me thinks the owners of that site should be investigated properly - how can they be so lackadaisical and allow such security breach
 
Josemendez said:
Liquid Global is the name of the exchange and it is not that popular .the thing there is that their warm wallet was hacked but the cold storage is secured.
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Probably because the hackers are not aiming at the cold Wallet. Meanwhile all this unpopular wallet i don't usually save or deposit my money into them... thanks for the info..
 
If you're not really careful about how you are and your cryptocurrency it's always going to be up against hackers who put up any strategy they can find in order to steal your cryptocurrency from you.
 
97 million dollars in crypto currency, that is a huge amount of money. But I still wonder how the exchangers are getting hacked easily like that. They should have developed security that will prevent them from been hacked
 
Dowenship said:
Probably because the hackers are not aiming at the cold Wallet. Meanwhile all this unpopular wallet i don't usually save or deposit my money into them... thanks for the info..
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Even though they have eyes on it , they cannot be able to get access to it unless they Rob the place where the device was kept. Cold wallet do not have internet connection
 
I think people should learn a lesson. When they are using a wallet or exchange they should do some research and check how secured these platforms are. That's why you should be using the trusted names like Coinbase and Binance.
 
Yusuf said:
This Is is really a sad event for the crypto currency exchange platform as this will make them lose a lot of customers couple with the fact that they have already loaded millions of money
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You are right. It is a sad day indeed for all cryptocurrency exchange platform users and customers. All the millions of dollars they have placed inside are all gone and has come into the hands of hackers.
 
Nomad said:
I think people should learn a lesson. When they are using a wallet or exchange they should do some research and check how secured these platforms are. That's why you should be using the trusted names like Coinbase and Binance.
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Exactly!!! Probably because those exchanges have better services than the popular ones that why they keep using these unpopular exchange...
 
When you make use of very popular and reputable wallets or exchange platforms you are safe to an extent because when you have challenges you can easily reach out to people using it to guide you.
 
Personally, I don't really see this heist as a very big deal because an amount that is well above $97 million dollars have been stolen in the past by scanners.
 
This is generally a very bad development and I sincerely hope that the hackers or scammers are going to because very soon and face the full wrath of the law.
 
What else can you say. If course you'll feel great that you are not one of those having your wallet in such exchange. Those in this predicament will be the ones suffering the hurt right now ofnthis hack that we all have been trying to stay away from
 
jeff87 said:
I believe that they are also the ones doing it. It's because how can they have the access to all the wallet addresses.

I believe it's inside job that has something to do with cryptocurrency assets. They might just declare it in public but privately they might have plunder party.
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Not necessarily. Looking at it, they run a business. Any serious investor and business man knows that the customers trust is of utmost importance. Losing it will ensure that customers leave. What do they stand to gain in this scenario especially in the long run?
 
joy101 said:
I wonder how the crypto account need to be hack and such amount of money was collected, I really feel sorry for them because is not lost such amount of money Just like that.
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The crypto currency coin that's was stolen is probably the workers of some hacker and i beleive the owner is not careful about using a hard security measures in safeguarding his account.
 
Setho said:
This is generally a very bad development and I sincerely hope that the hackers or scammers are going to because very soon and face the full wrath of the law.
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Seriously, once it's cryptocurrency scam, it's almost near impossible for these hackers to be detected or even know how to track the cryptocurrency how it's sent from one place to another.
 
97 million dollars of BTC is a very large number of coin for one to lose. It will sadden any one that lost such huge amount of BTC through scam.
 
GIFTMICHAEL said:
97 million dollars of BTC is a very large number of coin for one to lose. It will sadden any one that lost such huge amount of BTC through scam.
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Seriously, if I should lose that amount of investment in cryptocurrency I don't really think I'll be able to survive the shock and the heart attack that is going to come after that loss is confirmed.
 
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