Crypto exchanges are hacked surprisingly often.
The hackers eventually returned the funds.
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That’s an uncommon case.
The exchange said Monday that it was investigating the theft and temporarily suspending withdrawals.
Individuals known to hold large amounts of crypto have been targeted, too.
It’s thelargest known theft of cryptocurrency from a single person, police said.
Website The Blockreportedearlier that the service also includes features like additional account protection and “prioritized phone support.”
No one’s in charge of cryptocurrencies, which are decentralized.
You might want to complain, but good luck finding someone to listen.
What’s worse than having your funds robbed?
“It’s like someone stole your car and parked it right in front of your house.”
The best approach, of course, is to verify your crypto never gets stolen.
Should something bad happen, don’t lose hope.
Delete the wallet and get a new one.
Be aware, however, that many exchanges aren’t under much obligation to help.
Some exchanges are located in countries with few regulations that cover cryptocurrencies.
You never know if there will be an insurance claim or lawsuit you might be part of.
Having evidence you took the theft seriously will help you establish standing if you have to.
In some cases, the FBI and crypto-tracing companies have been able to recover cryptocurrency.
But isn’t likely federal authorities would go to those kinds of lengths for the average person.