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North Korea steals crypto... #8353606 02/27/25 12:05 PM 02/27/25 12:05 PM
Joined: Nov 2012 Posts: 1,544 midland, michigan M midlander OP trapper
midlander OP trapper M Joined: Nov 2012 Posts: 1,544 midland, michigan	https://fortune.com/2025/02/26/north-korea-hackers-crypto-heist-bybit-dubai-ether/ This has always been one of my fears about crypto. I prefer money in my back pocket where its harder to take. The EFT Act protects from losses associated with computer frauds and such associated with bank accounts, but to my knowledge, nothing to protect or reimburse a person when their crypto get stolen by the North Koreans....no thanks

Re: North Korea steals crypto... [Re: midlander] #8353610 02/27/25 12:09 PM 02/27/25 12:09 PM
Joined: Nov 2014 Posts: 2,145 east central WI D Dirty D trapper
Dirty D trapper D Joined: Nov 2014 Posts: 2,145 east central WI	trouble with money in your back pocket is its not safe from Gov't theft. Try flying out of the country with 20 grand in your back pocket, it'll be confiscated.

Re: North Korea steals crypto... [Re: Dirty D] #8353632 02/27/25 12:27 PM 02/27/25 12:27 PM
Joined: Nov 2012 Posts: 1,544 midland, michigan M midlander OP trapper
midlander OP trapper M Joined: Nov 2012 Posts: 1,544 midland, michigan	Originally Posted by Dirty D trouble with money in your back pocket is its not safe from Gov't theft. Try flying out of the country with 20 grand in your back pocket, it'll be confiscated. I meant that figuratively...you are right, not running around with 20k in my pocket. Also not having 20k in a crypto acct that is actively being targeted by all kinds of shysters, including state sponsered shysters, with no protections or insurances to protect the blance.

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