What Is A Cryptocurrency Scam?
Cryptocurrency scammers are using both old and new techniques to steal funds through cryptocurrency scams. As always, where money is concerned, scams will likely follow and this is the same with cryptocurrency. Cryptocurrency scams often aim to gain private information, such as security codes or sensitive information, or trick an investor into sending cryptocurrency.
Crypto scammers will often use fake trading platforms as a way of enticing traders to make investments in unusual ways, such as depositing large amounts or going for particularly big and expensive coins, such as Ethereum or Bitcoin. Although the trading platforms have been created by scammers and are fake, crypto scammers encourage clients to buy legitimate cryptocurrency from legitimate exchanges. We don’t rely on information from scammers, but instead, use the Blockchain to unravel where the property has gone.
This is often where a lot of confusion is caused by other recovery solicitors, who will simply go to the bank and request a chargeback, however, as the crypto lost as a result of the crypto scam has gone to a legitimate end destination, the banks don’t always have a duty of care in place. This means that often, they won’t grant a chargeback.
At Wealth Recovery Solicitors, we operate differently from other recovery companies, with good processes in place. We don’t simply just speak to your bank on your behalf to request a chargeback or use CRM and APP codes and neither do we use free tracing technology to try and find the destination of the crypto lost as a result of a cryptocurrency scam.
Free platforms such as Blockchain Explorer or Etherscan which are used for free tracing are highly unreliable and won’t always provide you with the results required in order to trace the final destination of your crypto and recover your lost funds. Instead, we use our dedicated technology and expertise to trace and recover crypto, with the facility to trace over 100 different coins.
If you want to know more details: Are you a victim of cryptocurrency fraud or you know who lost money through cryptocurrency fraudulent transactions or investments, report any cryptocurrency fraud related crime to CryptoCrimePolice. Be sure to be able to recover your lost funds through CryptoCrimePolice. Visit www.cryptocrimepolice.com to file a complaint. Cryptocrimepolice is a company where you can report any crypto related fraud from scammers either binary scams, hacked wallet, Forex scams, cryptocurrency investment scams, romance scams, online trading scams, etc. Report and cryptocurrency fraud related activities to CryptoCrimePoli.
