Cryptocurrency is generally considered very secure, but sometimes things do happen. Even top crypto investors have had digital currency lost or stolen and, until quite recently, it seemed like there was very little one could actually do about it. Bitcoin and bitcoin cash are high rate in cryptos scam. Well, there are ways to get your cryptocurrency back.
If the cryptocurrencies are in an exchange, you’ll need to contact them and ask them to freeze your coins. This will buy you some time. Sadly, no longer all exchanges will comply so that you may want to get a legal assistance involved to throw their weight round and convince a court to order an issue for them to be frozen.
One thing about cryptocurrency is that you can trace where the coins have gone.In the event that they go through an exchange, you’ll most probable be able to discover who the wallet holder is by the help of KYC process. From there, you can request a court order to reveal the scammers’s identity and recover your stolen crypto. In the case of exchange through trading the bank accounts connected to the parties can be traced.
Recover Lost Crypto from Hot Wallets
In the case of hot wallets, users do set them up with cryptocurrency exchanges.Chances are that if there's a breach it might get hacked. In this case, the cryptos exchange is responsible for its recovery but it is not a guarantee that you will get your coins back.
When South Korean crypto exchange Bithumb was hacked in June 2018, it was later reported that the company managed to recover almost 50% of the hacked coins and it didn’t affect bitcoin prices. In most cases, to retrieve stolen funds is close to impossible, in which case the coins maybe lost forever.
Recover Lost Crypto from Cold Wallets
The ways to recover from cold wallets are:
• Paper Wallets: This is a very traditional concept which is now defunct.Losing or misplacing these papers and fail to accurately remember the
details will cause you to permanently lose your coins. The best way to protect your coins would be to store your paper wallet into a safety deposit box or vault.
• Pen hard drives: These are mostly the secure way to store your coins. The way that you could lose your coins in these devices is if they get damaged or corrupted. Recovering your info from these damaged or corrupted devices by using experts can prove to be a a costly affair. Another way to lose your coins is by losing or misplacing your device entirely.
• Encrypted Devices: Encrypted phones and computers work like hardware wallets, where you can store and access your private key information. Like hardware wallets, you can easily get back deleted or lost information through professional help.
The trust is that coins stored in hot wallets can be subject to hacks and theft resulting in the loss of your coins — unless your designated exchange takes some measures to restore them or trying to get them back from hackers. But using cold storage wallets is at the user’s caution where you are entirely responsible for the safety of your wallet, and subsequently your coins.
Best Way to Recover Lost Cryptocurrency
The best way to recover lost crypto is by hiring a funds recovery specialist. FundsRecovery247 is one of the best funds recovery companies that you can always count on. As you become involved in cryptocurrency, you need to recognize there's risk involved in these transactions. Sadly, there are many ways which some Internet users exploit unsecure computing systems to mine or steal cryptocurrency. Acquire more information about staying safe and protecting yourself in this emerging market before you start investing in cryptocurrency.
FundsRecovery247: Email - [email protected] // Website - www.fundsrecovery247.com
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I realized I was dealing with a fake broker when I tried making a payout but couldn't get the payout. I put on LTC . Any one had lost on that. You were telling that you lost on LTC or other like BTC,DOGe etc. You need to carefully investigate any broker you want to invest with. I was lucky to have found - [email protected] who helped me
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Contact - [email protected] if you have lost bitcoin or money, and need to recover it.
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Thank you so much asgharabedi
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Thank you so much prithule for your good feedback.
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THE APP IS SIMPLY A FRONT THAT WILL ENGAGE YOU WITH DODGY CRYPTO TRADING PLATFORM ACCOUNT MANAGERS. BITCOIN-TRADER APP IS SIMPLY A LEAD IN / TRAP JUST TO GET YOU TO SUBSCRIBE TO A FEW SPECIFIC TRADING PLATFORMS. AS A TRADING ROBOT IT IS PRETTY POOR. ONCE YOU HAVE THE ACCOUNT WITH ONE OF THE PLATFORMS (WHICH ARE OF HIGHLY QUESTIONABLE INTEGRITY) THEIR ACCOUNT MANAGER WILL BADGER YOU TO PUT IN HUGE SUMS AND GIVE THEM DISCRETION TO TRADE ON YOUR BEHALF. AT THAT POINT YOUR BITCOIN-TRADER APP WILL BE DISABLED. - In justification of this, I relate my personal experience below.
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Stay clear, or you will lose money as I have. This app is just an opportunity for scammers to latch onto you and suck your money away. If you get sucked in thinking your money is making loads on the stock market usually though their own platform, see if you can withdraw any of it, before you get in too deep. Bitcoin trader should be held responsible for allowing this type of scam, why on earth this app is endorsed by people like Bear Grylls Richard Branson and a few others is beyond me. I was able to get back most of my funds, thanks to - Express Recovery Pro; [email protected]
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I registered and created an account via Bitcoin-Trader. My experience is as follows:
One you create an account in the web app, it then requires you to open a Contract-for-difference or spread betting trading account with one of its nominated platforms.
It is not possible to link the app to any existing trading platform you may have so you are forced to open with a new / unknown trading platform case.
Then once you start to set up the account and a customer service rep of the platform will phone you to help set the account up and make the deposit - all very friendly and helpful. - And then you'll be told an account manager will call you to help you on your way.
The account manager will call many times telling you that the robot (Bitcoin-Trader) is useless (which it is actually) and asking you to deposit much much more and also insisting that the only way you can make decent money is to give him total discretionary management to operate the account on your behalf. I was asked to deposit $20k and just held out: - eventually I agreed to give him emailed authority to manage my £300 balance at his discretion just to see what happened.
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I was deceived to invest into LTC, BTC and Dogecoin, claiming that my profits will accumulate and would be able to withdraw after 72 hours of investment. I put in quite a lot and I applied for a withdrawal, I was told they were processing the withdrawal and I would get credited as soon as my financial institution verified the payment. It began to seem like forever so I figured something was not right which prompted me to report. I was advised to file legal complaints and consult a Forensic Investigator with ""Fundsrecovery247** who had devices and equipment built to tackle fraudsters like this and compromise their database in order to effect a retrieval.
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I got back my lost 11 BTC with the help of Express Recovery Pro, I have found a legit and professional person to trade with. Get in touch with the king of cryptocurrencies recovery and investment.. Email - [email protected]
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Shortly after they were dealt with, their previous website was taken down and now these scumbags have ported to a new one and I'm sure they'll take it down as soon as they get more victims.
PLEASE BEWARE OF THEM!!!!!!!!
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Recover scammed bitcoin today! If the name of the broker that scammed you is not included, please send an email with the name of the broker to - [email protected].
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I had disbelief on the mere possibility of me being able to recover all of the money I had lost to a ponzi scheme last year, I even already lost all hope However, I came alive again when I got to make contact with Fundsrecovery247! I was able to get a huge sum of my money back, and to top it all, I wasn't made to pay a dime as upfront payment or whatever until I got my funds, and then I did the needful.Nothing but the best I tell you! You should contact them now and you'll see that I'm telling the truth. You can thank me later. And also, if you have lost your hard earned money to any of the online investments such as Binary Options or Forex Trading or Romance Scams or whatsoever, and you are looking to recover then you should reach out to them, you can also reach them via email - [email protected] or visit www.fundsrecovery247.com
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I am sorry to announce to you that Profit Binary has been shut down due to recent fraudulent activity and though I lost big time on the platform but I have been able to recover what I lost and have made far more, and I am willing to help whoever has experienced the same because I understand what it feels like to be in your shoes. You can contact them directly on [email protected]
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I was deceived to invest into LTC, BTC and Dogecoin, claiming that my profits will accumulate and would be able to withdraw after 72 hours of investment. I put in quite a lot and I applied for a withdrawal, I was told they were processing the withdrawal and I would get credited as soon as my financial institution verified the payment. It began to seem like forever so I figured something was not right which prompted me to report. I was advised to file legal complaints and consult a Forensic Investigator with ""Fundsrecovery247** who had devices and equipment built to tackle fraudsters like this and compromise their database in order to effect a retrieval.
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Excellent post on How to Reclaim Crypto, really everything is very well explained and it has helped me to know how to avoid these losses, thank you very much for sharing it my friend, great advice, keep it up!
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Thank you so much pastaconcarne14
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At that point, the Bitcoin-Trader app was disabled on my account without referral to me. To cut the long story short, I was able to get back my money with the help of FUNDSRECOVERY247 - [email protected]
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Sharing my experience with fake brokers, EXPRESSRECOVERYPRO is the real deal, especially when I most needed it . I was a victim of false brokers scam working with crypto traders, this brokers insisted I won't be carrying out the trading myself, instructed to leave it to the professionals so they can make a lot of money for me, Total BS! they make winning trades with the loosing trades to make my account looked legit all the time and encouraging me to add funds to take advantage of a speculative fore casted big winner then they leave you to your trades to wonder what the hell to do because of lack of experience which will only lead to you seeing your account run out. Still amazed at how [email protected] got this done successfully.
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At first everything was fine, then some technical problems started and everything became especially strange. Then they said that I need to put more money in my account in order to withdraw money. But this wasn’t true. Do not work with an unauthorized broker!
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I had a terrible experience, lost over $135,000, luckily for me i was able to recover all my money and now trading with lots of profit. thought a lot of persons might be having same difficulties like i had and thought my experience is worth sharing. Email - [email protected]
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Unfortunately, as there are good and safe transactions, there are also unscrupulous people who are on the hunt for some unsuspecting with the firm intention of stealing these crypto assets, the best thing will always be to go to the safest channels when making your transactions, they have some safe advice in this post, but as the author already mentioned, the ideal is to be quick when filing the claim, which will guarantee the return of your cryptocurrency
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Thank you so much isaiah2964
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At that point, the Bitcoin-Trader app was disabled on my account without referral to me. To cut the long story short, I was able to get back my money with the help of FUNDSRECOVERY247 - [email protected]
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It is rather unfortunate that there are some bad cryptocurrency brokers looking to scam unsuspecting victims.
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I lost my cryptocurrency and I was not understanding what to do, then I found this article. It explain me how can I reclaim this. Very Helpful for me
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Thank you so much shamsur30rahman
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