Bitcoin Theft

There have been many herbal thefts. One of the theft methods is when a victim reaches the bitcoin address or the secret key of an online wallet. When the secret key is played, all the bitcoins in the captured capture can be transferred. In such a case, the network does not have any special features to identify the thief, stop the process for ongoing stealing, or return the bitcoins to the legitimate owner.
There may also be a theft of illegal goods sold with bitcoin. At the end of November 2013, it was alleged that about 100 million dollars of bitcoin was stolen on the online Sheep Marketplace, an online illegal site. When the users tried to translate the bitcoins into cash, they did not get any feedback and the criminals could not be detected. During the cut in Silk Road 2.0 site in February 2014, $ 2.7 million bitcoin was stolen.

Sites that users convert to bitcoin are among the targets of thieves. An Australian wallet service, Inputs.io, has been attacked twice in October 2013 and has lost bitcoin worth over $ 1 million as a result of these attacks. In February 2014 in Tokyo One of the largest virtual money exchange centers, Mt. From Gox, the $ 350 million bitcoin was stolen. A Canadian-based BitCoin storage company, Flexcoin, closed down in March 2014, saying it discovered a $ 650,000 plagiarism. Poliexex also reported that it had lost about $ 50,000 in March 2014. In January 2015, the third largest BitStamp in the UK-based world has been attacked and has lost $ 5 million. In February 2015, a Chinese company called BTER was hacked by hackers for about $ 2 million.

Approximately 120,000 bitcoins (about $ 60 million) were recruited from Bitfinex in 2016. As a result of this theft, Bitfinex was forced to suspend the trade. Theft, 2014 Mt. He went on record as the second major robbery after Gox robbery. Forbes has reported this stealing. Theft cases increased security concerns. "These thefts are a demonstration of the fragility of such a new industrial infrastructure," said Charles Hayter, founder of the digital currency comparison website CryptoCompare. According to the US Treasurer's Committee on Small Businesses' dated April 2, 2014, "these suppliers have regulatory oversight, lack of minimum capital standards and does not provide consumer protection against loss or theft ".