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© KYODOVictims of massive cryptocurrency theft eye suit against Coincheck
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Jonathan Prin
25-year-old man also from Tokyo said, "I was aware of the risks. There may be little we can do about the lost currencies."
Apparently, the risks were known to a minority of gamblers (speculators).
Only banks guarantee that whatever happens, you get at least some money back (for instance, 100.000€ in euroland).
Many companies holding your money (paypal, crowfunding...) could disappear and one be in same situation. Think before, not after.
Tom
I would like to see and read an article about real people that really did make a fortune on Bitcoin and or other currencies. Have not heard of one yet, and I know a ton on people in the investment financial business in Tokyo.
gogogo
TV commercials don't equal licenses or insurance. Do your homework people!!
sf2k
they gambled and lost. Stop supporting cryptocurrencies. It's a lie
Alfie Noakes
Yet again something whole-heartedly supported by the Japanese government turns out to be totally insecure and costs investors millions. When will people ever learn? Security in this country is as sound as a wet paper bag.
Jacques
I don't support this crytocurrencies bubble and speculation (at some point a lot of people will lose big time), but they did not lose because their were speculators. @Tom : The Winklevoss brothers have become (virtual) billionaires.
krustytheclown
Losing money because of bad investment decisions is one thing but losing it by having it stolen from you is quite another. No one deserves that.
M3M3M3
The customers have nothing to gain from a lawsuit. The reimbursements they've been promised will be paid out of future income so it's in their interest to keep Coincheck alive. If they obtain a massive judgement against the company and petition it into bankruptcy now, they will only get a tiny fraction of whatever assets the company owns today. It's like deciding whether to kill the chicken now for a single meal, or waiting to collect hundreds of eggs over the next few years.
Myhumbletake
You can’t gamble your way to wealth. Only imprudent individuals would invest their savings in such a delusional digital/virtual currency system. This generation wants to make it big without breaking a tiny sweat.
Mayara Rodrigues
Losing money because of a bad investment decision is up to normal, but losing by having been stolen our money is complicated.
Kokuzi
Tom, your wish is my command... 50 Cent earned big money, but it's worth less than a week ago. http://www.huffingtonpost.ca/2018/01/25/50-cent-accidentally-became-a-bitcoin-millionaire_a_23343494/
Not sure I like the combination of 'theft eye suit' in the title, but it does have meaning.
stepoutsidethebox
Lol. This women "In her 20s who spent 18,000$" has been used as an example in EVERY Japan Today article about the hack. 200,000 people we're effected yet they can only find one quote from one person and re-use 4 times by my count. 200,000 buyers of NEM on Coi check at half a billion dollar loss. She is a small fry. How about you get a quote from one of the whales that lost 10 or possobky 50 million dollars or more. Cryptocurreny is. Ok different than fiat money. 1% own 90% of the coins. This is is no different this lady in her 2os is a small potato, you have a 150,000 people that invested maybe 10,000 to 50,000. A few thousand people like her that but in a bit more like their bonus check. But you have a 100 whales that sunk millions in.
gogogo
Currencies are not the problem, the exchanges are essentially banks and if you get robbed you blame the bank not the currency.