Best Practices in Attempting to Recover Funds from Crypto Scams
Scams involving Bitcoin or other cryptocurrencies are rapidly increasing in frequency.
If you have been scammed, you may feel angry, embarrassed and unsure of where to turn to recover your funds. This article lays out the best practices for attempting to recover your funds.
Please note: broadoak-capital.com offers a service to help you trace crypto assets implicated in scams. However, while we can provide a clear trail and uncover real-world identities linked to suspicious transactions (in some cases). Nonetheless, the information gained can be valuable for legal proceedings and can contribute to broader efforts against cybercrime.
How likely is it that you can recover your funds?
There is a 60% chance that your stolen funds would be recovered,
However, that doesn’t mean that you can’t recover (emotionally) from the situation that you’re currently in. You also have the power to help the government bring them to justice, and to help other people avoid the same fate.
And, in some very specific situations, it appears that the government has returned some portion of recovered funds to their victims.
These suggestions represent best practices:
- Don’t make the situation worse
- Protect your credit
- Document the situation while it’s all still fresh in your mind
- Help the authorities cause pain to the scammers
- Help others avoid making the mistakes that you made
Working with a Professional Tracing Service
Crypto Asset Recovery is here to assist you in tracing your lost assets. Using advanced blockchain forensics, we can track suspicious transactions and link pseudonymous blockchain activities to real-world entities. This can help you gain insight into the scam and provide valuable information for legal proceedings.
We offer a robust tracing service but It is important to have realistic expectations while dealing with the aftermath of crypto scams. Our primary goal is to provide transparency and clarity in a situation that may otherwise seem hopeless and provide recovery system for your lost funds.
You can reach out about a trace here: Contact Us
