Often shortened as crypto recovery, the service aims to retrieve digital currencies lost by individuals, investors, and traders due to a scam, hardware failure, etc. A cryptocurrency recovery phase usually involves hiring investigators to look into the matter who then build workable plans for scam victims and get control of the digital assets as soon as possible.
How Does Crypto Asset Recovery Work?
The key to recover stolen cryptocurrency is to know who stole the funds. Without this information, there is nothing to pursue. A competent cryptocurrency investigator will implement workable strategies as soon as a victim files a report on cyber-forensics.net. The method to recover stolen crypto differs for every client, however some stages may be such as 1) submitting details and evidence of the case, 2) alerting the network of blockchain service providers to prevent them from receiving defrauded crypto 3) tracking the bitcoin and generating a in depth forensic report on the transaction source and suspected wallets. 4) Investigate the perpetrators companies, technology providers, and digital footprint that the criminals leave behind. 5) Pursue the leads with representation and negotiating a settlement.
Is It worth hiring a Crypto Recovery Service?
Yes. Like anything else, you can do it yourself, or you can hire a professional. In order to successfully recover bitcoin, one needs to be familiar with the nuances of the playing field which can be difficult for a new player to the cryptocurrency world. It may be best to bring the crypto recovery experts into the situation. Since cryptocurrency is pretty new technology for many investors even today, they may be unaware of the technology, and advanced solutions that cryptocurrency providing companies may be using. Hiring a professional team of experts who know in and out of stolen cryptocurrency recovery can increase the chances of winning the battle against scammers or even bad situations like locking bitcoin in wallets by mistake. The latest figure by a leading chain analysis firm indicates that approximately 18.4 million Bitcoins worth over $140 billion appear to be stolen by scammers or stranded in wallets due to lost keys. Chief analyst at Cyber-Forensics.net says, “The unusual nature of cryptocurrency has led us to receive up to 700 requests a day from people who either want help to recover their stolen funds or want help to recover access to their wallets.” In each case, hiring experts can lend educated solutions and even suggest reporting stolen cryptocurrency cases to higher authorities, building a solid case, and bringing cybercriminals to justice.
There are several trusted firms out there with comprehensive research online and multiple reviews on crypto scam-related issues. But most clients reckon Cyber-Forensics.net to be a significant force in the field of cryptocurrency recovery solution providers. Some important things to look for in choosing a firm include:1) Do they have corporate docs and do they match their website.2) Are they willing to talk to you in video conference.3) Are they pushy and rude?4) Are they willing to offer a payment plan or demand all funds up front.5) Are there ample negative reviews online?6) Do they dissuade you from speaking to police or authorities?7) Do they guarantee results or a super fast timeframe?Cryptocurrencies like bitcoin and Litecoin have dramatically raised interest from millions of investors. With even a single Bitcoin valued in thousands of dollars, it seems an excellent opportunity for scammers to make some money. But crypto recovery experts suggest that these virtual currency platforms are equally dangerous and potentially risky. Unfortunately, millions of people fall victim or lose access to their hard-earned money due to sophisticated tricks that are too difficult to trace.Account recovery specialistPeter Thompson at the firm is of the option; “Investing in cryptocurrency can mean taking a risk, but getting scammed shouldn’t be one of them.”Additionally, the Federal Trade Commission reports suggest cyber thugs lure people into bogus investment schemes in multiple ways. They can reach their targets through social media apps, dating apps, third-party apps. Thus, it is good to find a reputable company to seek the best solutions. Here are a few recommended steps if someone wants to identify which is the best crypto recovery service for them:
Look for their background: An experienced firm with professional teams knows how to recover stolen cryptocurrency. And an excellent way to find that out is by looking at the company’s website. Usually, websites become a channel for victims to identify if the company is worth trusting. For example, the victims can read about the client testimonials or google the company reviews, which will help them gain a fair idea about that company’s operations.
Process of investigation: Usually, the company website also provides insight into how the company will deal with the case if someone reports a scam. At this time, make sure to read the cryptocurrency investigation process in detail and look for overarching promises like “money-back guarantee, “get money in 24-hours”. Remember, no investigation takes place in 24 hours.
What to do when scammed out of money?
When someone believes they have been scammed into giving their life savings to online scammers, here is what they should do:Report the matter: Bringing the scams to the notice of concerned authorities depends on which type of scam the victim has experienced. For instance, to report any finance-related scams in the United States, individuals must report the matter to the Federal Trade Commission. And in the case of Forex exchange related scams, victims should also report the matter to the U.S. Securities and Exchange Commission. Protect available assets immediately: It is recommended to change passwords to banking accounts, credit cards, debit cards from further misuse. Double check for suspicious or unaccounted transactions.Run Anti-virus or get your computer checked if you gave access to the machine. If you have fallen prey to an anydesk scam, be sure to remove anydesk, or the remote desktop software, and get your computer checked before you sign back into important accounts. Your computer may have a ‘key-logger’ which can detect what you type based on where you are surfing and gain access to banking again.Here are a few tips to stay protected:
Be suspicious when someone sends unsolicited requests to wire a portion of funds.
Beware of prevalent scams running parallel on the internet.
Verify the authenticity of a request sender’s background.
Don’t trust anyone at face value.
Never click any unsolicited link sent through text, SMS, email or any medium.
Never share bank account information personal information online
Stay away of social media networking sites.
Suspect any company requesting crypto payments.
Contact Bank if pending transactions have not yet been completed, or recently completed: In most cases, scammers target their potential targets to steal their money. However, financial institutions like banks are equipped with technologies to stop unauthorized transactions withdrawals from the customer’s account. Occasionally a bank can also perform a wire recall.
How to get money back from Crypto scammers?
As crypto scammers are becoming extremely common, it is challenging to recover funds-especially if victims paid the amount using digital currencies. Bitcoin recovery specialist Peter Thompson suggests, “Investors may have become increasingly optimistics about the entire blockchain phenomenon. Unfortunately, the problem with cryptocurrency is the inability to trace it-especially if the victim is an individual investor who does not have access to advanced bitcoin tracing technologies that fund recovery companies often do. Therefore, the best shot at getting money back from crypto scammers is to hirecryptocurrency recovery services. Chief Analyst Timothy Benson explains “conducting crypto transactions are facilitated through a special code (public key and private key). Since digital currencies are not tangible, sending funds means sending the special code owned by individuals. into someone’s account.”Cyber investigators put their efforts in retrieving this private key back which will ultimately mean crypto fund recovery.
How to Get Back at a Crypto Scammer?
The experience of getting scammed can be frustrating-especially when financial institutions demand proper documentation to build a strong case against scammers. Tricksters are happy to waste their victims’ time and money. However, it is possible to get back the fraudsters with a little bit of effort. The first and foremost thing to do in such cases is to BE PREPARED. Also, if someone is determined to get justice, there are a few legal tactics that must be followed: Don’t Ignore the scam: The most obvious way may seem to be simply ignoring the scam. But that is what scammers want too. They want to make their victims feel disappointed and tired so that they don’t get involved in legal matters. However, the best way to get revenge on the scammers is by not accepting the scam and daring to step up against it. Join the Forces: There are several communities, such as Cyber-Forensics.net, that specialize in helping victims collaborate and team up with best crypto recovery experts to catch the online fraudsters.
Why Cyber-Forensics.net is a recommended name in the cryptocurrency fund recovery field?
When it comes to recovering stolen cryptocurrency, Cyber-Forensics.net is a trusted solution as it employs innovative methods to track scammers and third party cryptocurrency transactions. Cyber-Forensics.net’s collaborative recovery service helps recover the maximum amounts of funds lost in a scam. They will also suggest methods to recover digital wallets when others can’t help. This is possible due to a well-structured due diligence service program that lends the service firm unparalleled authority over legal space. Additionally, the professional computer experts combine the best cyber security strategies aided by top lawyers suggesting ways to protect consumer funds.