RJK 4 Posted July 7, 2019 Share Posted July 7, 2019 4 hours ago, dik said: Any coatcheck that has a sign "we are not responsible for you loss" is lying. They are. And so is Gatehub, it can be proven it was their fault, not the fault of their users. They took custody of keys and blew it. They need to pay up or go bankrupt. If your car keys are stolen from a coatcheck, do you think they are responsible for replacing your stolen car? Nope. They aren't. And because Gatehub didn't hold user funds in custody they will not be liable here. BitTrue jumped to remedy the situation because the law wasn't on their side. The same is not true for Gatehub. Nobody from Gatehub or Ripple cares AT ALL about anybody in this thread who has been stolen from. Ya'll have been patiently waiting like something is going to happen. Nothing has happened because nothing is going to happen. Nobody is coming to rescue you. Nobody is meeting behind closed doors trying to figure this out. There is nothing to figure out. Only the passive people in this thread are affected and nobody else cares. Is this clear yet? gkatz 1 Link to post Share on other sites
Geekluca 61 Posted July 7, 2019 Share Posted July 7, 2019 1 hour ago, RJK said: If your car keys are stolen from a coatcheck, do you think they are responsible for replacing your stolen car? Nope. They aren't. And because Gatehub didn't hold user funds in custody they will not be liable here. BitTrue jumped to remedy the situation because the law wasn't on their side. The same is not true for Gatehub. Nobody from Gatehub or Ripple cares AT ALL about anybody in this thread who has been stolen from. Ya'll have been patiently waiting like something is going to happen. Nothing has happened because nothing is going to happen. Nobody is coming to rescue you. Nobody is meeting behind closed doors trying to figure this out. There is nothing to figure out. Only the passive people in this thread are affected and nobody else cares. Is this clear yet? I am really worried you are right. Link to post Share on other sites
Birt Ernie 18 Posted July 7, 2019 Share Posted July 7, 2019 Just where is this supposed sign hanging that reads not responsible for loss ? Is it in the fine print? Or is this just an act of God? If I let someone store my car and they don't return it then I'm not suppose to give a damn? I have a business where I'm responsible for their property till repaired and returned to the rightful owner. If it's lost or stolen then I'm not going to give a damn. I think not. My reputation is on the line. Bad news travels fast. Twenty five years in business and still till this day I have NEW customers tell me I trust in you because of word of mouth. That's advertising money cannot not buy! Everybody should own a business just once to experience the real world of trust and honesty. That's called success. Ghobicat 1 Link to post Share on other sites
tekkillah 15 Posted July 7, 2019 Share Posted July 7, 2019 @RJK It really hurts to read your words because you sound right... I hope everybody's going to get a refund but I feel like it won't happen. No matter how this ends up : thank you @Silkjaer and whoever is working with you. Your precious help is very much appreciated. Harrryquartz 1 Link to post Share on other sites
jlripple 92 Posted July 7, 2019 Share Posted July 7, 2019 (edited) We still don't know how the hack happened. Does it make any difference? https://en.m.wikipedia.org/wiki/Bailment Duty of care? Edited July 7, 2019 by jlripple Ghobicat 1 Link to post Share on other sites
mrenne 713 Posted July 7, 2019 Share Posted July 7, 2019 3 hours ago, RJK said: And because Gatehub didn't hold user funds in custody they will not be liable here. Are you a lawyer specialized in EU or UK law? Or just expressing some personal thoughts? dik and Ghobicat 2 Link to post Share on other sites
Harrryquartz 89 Posted July 7, 2019 Share Posted July 7, 2019 (edited) One approach will be to see how XRP is returned (get that first then hit them for more via legal avenues) and their explanation then seek specialist legal advice on whether the case a) can succeed b) company has assets enough to make it worthwhile. There are laws within EU and member countries ((UK) and Slovenia 🇸🇮 with regards holding companies responsible for negligence involving data and subsequent financial harm. It will take time and likely involve paying up to 25% of any compensation to law firm involved and willing to take it on plus insurance to cover opposing sides costs if unsuccessful. Keep emailing gatehub with polite requests for further information but do not,as much as it hurts, use emotional language or abuse in any correspondence. Let’s not be unrealistic about getting full compensation but there are avenues to realistically explore once we have final statement. Going off half-cocked and not co-ordinated will be recipe for failure. This will not be resolved quickly. (UK) incorporates the below EU law : Art. 82 GDPR Right to compensation and liability Any person who has suffered material or non-material damage as a result of an infringement of this Regulation shall have the right to receive compensation from the controller or processor for the damage suffered. 1Any controller involved in processing shall be liable for the damage caused by processing which infringes this Regulation. 2A processor shall be liable for the damage caused by processing only where it has not complied with obligations of this Regulation specifically directed to processors or where it has acted outside or contrary to lawful instructions of the controller. A controller or processor shall be exempt from liability under paragraph 2 if it proves that it is not in any way responsible for the event giving rise to the damage. Where more than one controller or processor, or both a controller and a processor, are involved in the same processing and where they are, under paragraphs 2 and 3, responsible for any damage caused by processing, each controller or processor shall be held liable for the entire damage in order to ensure effective compensation of the data subject. Where a controller or processor has, in accordance with paragraph 4, paid full compensation for the damage suffered, that controller or processor shall be entitled to claim back from the other controllers or processors involved in the same processing that part of the compensation corresponding to their part of responsibility for the damage, in accordance with the conditions set out in paragraph 2. Court proceedings for exercising the right to receive compensation shall be brought before the courts competent under the law of the Member State referred to in Article 79(2). All pretty complicated hence why a lawyer specialising in this area required . There are no guidelines about how much compensation you can be awarded for a claim under the Data Protection Act. In most cases, the minimum level of damages to be sought at settlement stage would be between £750 to £1,000. Edited July 7, 2019 by Harrryquartz Ghobicat 1 Link to post Share on other sites
jlripple 92 Posted July 7, 2019 Share Posted July 7, 2019 Agree Harrryquartz and Ghobicat 2 Link to post Share on other sites
Peponut 19 Posted July 7, 2019 Share Posted July 7, 2019 (edited) They probably don't "care AT ALL" but I hope the community does in regard to their future plans... Yet, I have been patient all these years so why not now. They are doing a terrible work in terms of communication with the victims but I truly hope (believe) they are doing their best to fix this situation. Just put emotions aside and wait for the bloody official statement... Best, P Edited July 7, 2019 by Peponut Harrryquartz 1 Link to post Share on other sites
RJK 4 Posted July 7, 2019 Share Posted July 7, 2019 9 hours ago, Peponut said: Just put emotions aside and wait for the bloody official statement... There isn't going to be one. They have moved on. It's over. Only the people in this isolated thread that nobody else in the world knows exists, are waiting on "something." Link to post Share on other sites
crypto2libertas 105 Posted July 8, 2019 Share Posted July 8, 2019 3 hours ago, RJK said: There isn't going to be one. They have moved on. It's over. Only the people in this isolated thread that nobody else in the world knows exists, are waiting on "something." I think you are right. Gatehub decided that the law is on their site and moved on. Not much media attention anymore and the crypto world will or already has forgotten it Link to post Share on other sites
Birt Ernie 18 Posted July 8, 2019 Share Posted July 8, 2019 . I myself learned from my mistakes and carelessness and theirs by purchasing a hard wallet investing in more xrp and apollo currency and waiting for the outcome with a positive attitude. If Gatehub takes the easy way out then we can have meaningful dialogue . Harrryquartz 1 Link to post Share on other sites
jlripple 92 Posted July 8, 2019 Share Posted July 8, 2019 (edited) 8 hours ago, RJK said: There isn't going to be one. They have moved on. It's over. Only the people in this isolated thread that nobody else in the world knows exists, are waiting on "something." what do you expect them to say? that their security was breached and won't compensate the victims? they already showed their true colors and their unique selling point of safekeeping your ripple wallet is no longer safe. so what kind of value can they provide to their customers now. none. either way they have to make some official announcement, else the hack blog https://gatehub.net/blog/gatehub-update-investigation-continues/ will be there forever with no closure. Edited July 8, 2019 by jlripple Harrryquartz and dik 2 Link to post Share on other sites
kanaas 3,840 Posted July 8, 2019 Share Posted July 8, 2019 Are you a lawyer specialized in EU or UK law? Or just expressing some personal thoughts?With crypto it is a bit more complicated. Holding the keys means holding the funds as well. Its not like just holding car keys. Its like having the keys AND the car in your parking lot AND both under your full responsibility.... Ghobicat, dik, Jillian and 1 other 4 Link to post Share on other sites
mrenne 713 Posted July 8, 2019 Share Posted July 8, 2019 42 minutes ago, kanaas said: With crypto it is a bit more complicated. Holding the keys means holding the funds as well. Its not like just holding car keys. Its like having the keys AND the car in your parking lot AND both under your full responsibility.... Yes, and sometimes the person responsible to keep the car keys is responsible if the car gets stolen. It just depends on legislation and situation. That's why I asked if the person that came with such a blanket statement was a specialist or not. If not, his answer is quite useless. Ghobicat, Harrryquartz and jlripple 3 Link to post Share on other sites
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