In lieu of editing the above post, I'll expand...

We can all agree that if the account was hacked, the hacker had/has no intention of repaying the loan. Since the account was collateral, marcotheminer unknowingly purchased stolen goods.

Let's say I buy a fancy watch from a guy on the street, hot but I didn't know it. The long arm of the law somehow leads to me and the watch. It would be taken from me and I wouldn't get my money back. I have no recourse to go after the guy who sold it to me. He was a complete stranger.