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    Thread: How is it possible to track lost or stolen Bitcoins?

    1. #12 Collapse post
      ayazfx is offline
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      Since there is no way to know which of the 10 bitcoins are tainted, the stolen currency quickly becomes diluted and lost. This process is called laundering. One way to track this activity is to assume that all 10 bitcoins in the wallet are tainted and then follow the chain of transactions they are involved in.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      It is quite possible to do this, for example, the Sheep Marketplace - the illicit drug market and the Bitcoin exchange Mt.Gox - were robbed. Currently known working methods of stealing bitcoins from wallets and ways to protect their investments from them

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Since there is no way to know which of the 10 bitcoins are tainted, the stolen currency quickly becomes diluted and lost. This process is called laundering. One way to track this activity is to assume that all 10 bitcoins in the wallet are tainted and then follow the chain of transactions they are involved in

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      All transactions of Bitcoin are recorded and are available for the public to see how much coins are transferred from one account to another. However, the problem is that there is no way to identify individual coins hence it is difficult to know where a stolen Bitcoin went.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Quote Originally Posted by Joyego View Post
      Go to blockchain info ,log in check your transactions, the records relates the movement of bitcoins, the report to support,
      Who will in retrieve it for you.
      This is useful information. Well, I hope my coins won't get stolen but if it happens, at least I know what I could do now.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Quote Originally Posted by Juskopo View Post
      How is it possible to track lost or stolen Bitcoins?
      Go to blockchain info ,log in check your transactions, the records relates the movement of bitcoins, the report to support,
      Who will in retrieve it for you.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    9. The Following 1 Users Say Thank You to Joyego For This Useful Post:

      Trader_Rob (10-02-2019)

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      Quote Originally Posted by Sendo12 View Post
      A few companies have now developed a software to help the law enforcement trace down stolen Bitcoins. Although Bitcoin transactions can't be linked to any identity, it is still possible to trace the person through IP address.
      That's great! I hope all companies that offer cryptocurrency trading would use that software to help the victims and catch the suspect.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      A few companies have now developed a software to help the law enforcement trace down stolen Bitcoins. Although Bitcoin transactions can't be linked to any identity, it is still possible to trace the person through IP address.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Quote Originally Posted by Mr. Cid View Post
      Everyone can track stolen Bitcoin but it's impossible to retrieve.
      Yeah, it is possible to track down the stolen Bitcoin, but only proper authorities can summon the person who stole the Bitcoin. So, it takes time to get it back.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    13. #3 Collapse post
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      Quote Originally Posted by AbdulShiek View Post
      The stolen Bitcoin can be trace with a transaction hash. It is easier when the thief uses to withdraw Bitcoin in an exchange. The exchange can be alerted to hold the transaction and demand the mandatory KYC protocol to divulge its identity.
      Everyone can track stolen Bitcoin but it's impossible to retrieve.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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