Hong Kong, China — [Jan, 26-2021]: Today, Ban On, a Blockchain.com user living in Hong Kong, China, has come forward about the company’s software security breach. According to Mr. On, the company has lost 9.41 of the Bitcoins he had deposited into the company’s wallet over the course of two years on January 3, 2021. Mr. On says that he sought aid from Blockchain.com’s Twitter support page, but has yet to receive any reply from them. After coming across the company’s Chinese Telegram group, Mr. On discovered that the company had abandoned the group and left behind many fellow Chinese victims, all of whom have also suffered lost assets after fraudsters hacked their online wallets.

Mr. On had reached out to blockchain.com's CEO Peter Smiths directly for assistance but were rejected by them. Mr. On therefore had to report the case to Action Fraud on 20th January 2021 and still waiting for respond from the police of U.K.

Mr. On began purchasing Bitcoin in 2017 and deposited them into Blockchain.com’s wallet on April 8, 2019. In total, Mr. On deposited 9.9 Bitcoins into the company. Mr. On’s losses amount is about $372,236.86 total, a devastating loss considering the fact that he had invested all his assets into Bitcoin.

Mr. On is not the first victim of such a widespread security breach; in 2019, MIT reported that hackers had stolen $2 billion worth of cryptocurrency stored in Blockchain.com wallets since 2017.

Blockchain.com’s position on the matter appears to be that it functions on a “trustless” basis, with the company having no knowledge of users’ passwords and private keys. Their claim is apparently that any loss of currency in their non-custodial wallet would be due to a security issue in users’ system, rather than any deficiency on their part. By keep claiming themselves as a “non-custodial” wallet, “have no right to access user funds”, they are in fact redirect all the risks to vulnerable users instead of taking social responsibility as an enterprise. As they are a non regulated digital platform, they are using a tricky way to avoid any potential unlawful responsibilities.

Mr. On has engaged in correspondence with the company’s customer support team, but has only received such pro-forma responses.

About: Blockchain.com is a cryptocurrency exchange and cryptocurrency wallet service compatible with Bitcoin, Bitcoin Cash and Ethereum, as well as a Bitcoin block explorer service founded in Luxembourg, Luxembourg on August 30, 2011. The company reached over 63 million wallet users in December 2020.

Contacts: Mr. On Telegram @Banprince ban.hope.banker@gmail.com Phone: +852 57022479

1 Vote Created
Default_avatar
noah harry almost 3 years ago

Since the software is having to work apartments in palarivattom with the help of Internet providers it is essential to secure the data and files that are stored in it and also to ensure its security. Here they provided some of the software security information so that is helpful for people who are working in the software field

Vote
Default_avatar
zodre kokko 4 months ago

谢谢亲爱的作者,我发现这个网站非常有帮助,里面充满了优秀的健康精选信息! ,我也感谢你精彩的食物计划帖子。 香港足球博彩資訊

Vote
Default_avatar
Mosfekun Nahar 4 months ago

You’re so thoughtful for sharing this article. Nice work. CANADA VISA ONLINE APPLICATION

Vote
Default_avatar
bilal sonija 4 months ago

This is exactly likewise a terrific print which we honestly dearly loved looking through. It's not actually day by day that we include the risk to figure out an item. https://searchlabtests.com/

Vote
Default_avatar
bilal sonija 4 months ago

Could potentially be at the same time a fairly fantastic post that marilyn and i clearly loved comprehending. Usually not regularly of which see the the chances to buy a device. https://hi88co.com/category/huong-dan/

Vote
Default_avatar
bilal sonija 4 months ago

As I web-site possessor I believe the content material here is rattling magnificent , appreciate it for your efforts. You should keep it up forever! Good Luck. 슬롯사이트

Vote
Default_avatar
Mosfekun Nahar 3 months ago

Good to have this kind of topic. Thanks. виза во вьетнам для болгар

Vote
Default_avatar
QADIR ZAHOOR 3 months ago

Howdy. Very nice web site!! Guy .. Excellent .. Wonderful .. I’ll bookmark your web site and take the feeds additionally…I am satisfied to locate numerous helpful information here within the article. Thank you for sharing. sofa cleaning newcastle

Vote
Default_avatar
Robin jack 2 months ago

I want assembling utile information , this post has got me even more info! . แทงบอลออนไลน์911

Vote
Default_avatar
Robin jack 2 months ago

Only a few blogger would discuss this topic the way you do.,“:* 바카라 중국점

Vote
Default_avatar
Robin jack 2 months ago

After study a handful of the content in your website now, and i also really like your technique for blogging. I bookmarked it to my bookmark site list and will be checking back soon. Pls look at my web site as well and inform me how you feel. sub sandwiches

Vote
Default_avatar
Robin jack 2 months ago

Thanks for the a new challenge you have exposed in your blog post. One thing I’d like to comment on is that FSBO relationships are built as time passes. By presenting yourself to owners the first weekend their FSBO will be announced, prior to masses get started calling on Monday, you develop a good interconnection. By sending them tools, educational elements, free records, and forms, you become the ally. By using a personal interest in them and their predicament, you generate a solid connection that, oftentimes, pays off if the owners decide to go with a realtor they know plus trust — preferably you. Wind Miner k9 11Th/s

Vote
Default_avatar
Robin jack 2 months ago

Sometimes your blog is loading slowly, better find a better host.”,:-` سایت انفجار پولساز

Vote
Default_avatar
QADIR ZAHOOR 2 months ago

whoah this weblog is excellent i love reading your articles. Stay up the good paintings! You already know, lots of persons are looking round for this info, you can aid them greatly. acim

Vote
Default_avatar
QADIR ZAHOOR about 1 month ago

hey all, I used to be just checkin¡¯ out this blog and I actually admire the basis of the article, and don¡¯t have anything to do, so if anybody would like to to have an engrossing convo about it, please contact me on AIM, my name is heather smith 스포츠토토

Vote
Default_avatar
Robin jack about 1 month ago

I have to consider prospect of by way of thanking you actually for that quality recommendations May mostly demonstrated going over yuor web blog. We’re hopeful for your graduation about the actual or even look for in addition to the whole processing would not have already been finished whilst not coming over to your blog. Fundamentally may perhaps be in any assistance to the rest, Appraisal enjoy it in helping with what There are uncovered from this level. emakqq

Vote
Default_avatar
uzair khatri about 1 month ago

A lot of thanks for all of your work on this site. Betty really loves setting aside time for internet research and it is simple to grasp why. Most people learn all concerning the dynamic manner you convey rewarding tips on the website and as well encourage participation from visitors about this point plus my princess is undoubtedly being taught a great deal. Enjoy the rest of the new year. You have been conducting a fabulous job. 1xbetapkir

Vote
Default_avatar
Robin jack about 1 month ago

my family would always like to go on ski holidays because it is very enjoyable:: lombaqq

Vote
Default_avatar
uzair khatri about 1 month ago

Nice post. I discover something very complicated on different blogs everyday. It will always be stimulating to study content from other writers and rehearse something there. I’d want to apply certain using the content on my small weblog regardless of whether you don’t mind. Natually I’ll supply you with a link for your internet weblog. Appreciate your sharing. jepangqq

Vote
Default_avatar
Robin jack about 1 month ago

Heya i am for the first time here. I found this board and I find It really useful & it helped me out much. I hope to give something back and aid others like you aided me. asikqq

Vote

Default_avatar