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Bitcoin scam as well as other forms of crypto scam have been on the rise over the past couple of years. These cryptocurrency scams usually take different forms; giveaway scam, cryptocurrency investment scam, binary options scam etc. No matter how you lost cryptocurrency, you can always get it back.
Have you fallen victim to a bitcoin scam, and do you need help to recover stolen bitcoin, or other cryptocurrency assets? There are three easy ways to recover your funds. You can follow money recovery processes to recover scammed bitcoin, or you can hire experts to help retrieve the money that you lost to binary options forex, and bitcoin scammers.
How Does Bitcoin Scam Work?
Bitcoin scams often attract their victims by advertising their fraudulent trading platforms on social media, via email, or cold calling. They usually promise investors low risks and high returns. When you click on one of these ads, you will be taken to a site that looks legit, which is why so many people fall victim to bitcoin scams.
There are 3 common ways that the fraudsters typically scam users out of their money. These are:
- Refusal to release funds
- Price manipulation
- Identity theft
One of the most common ways that bitcoin scams work is that the platform or broker simply refuses to let you withdraw your deposited funds and returns when the time comes. The fraudulent platforms may do this by “canceling” withdrawal requests, ignoring all your attempts to contact them, and even closing your account with your funds still in it.
I Was Scammed Bitcoin, How do I Recover My Bitcoin?
So, you have invested your hard-earned money in bitcoin investment, only to find that you can not withdraw any funds when you are ready to. This is just one of the ways bitcoin/cryptocurrency scams can defraud you.
Unfortunately, there are many fraudulent bitcoin and cryptocurrency investment/trading platforms and brokers out there taking advantage of innocent investors daily.
However, if you have fallen victim to a bitcoin scam, do not despair. There are a few different methods you can try to get your money back. We will teach you all about how you can recover funds lost to a bitcoin scam.
3 Easy Steps to Recover Scammed Bitcoin Yourself
You can recover scammed bitcoin yourself by following these 3 DIY (Do-It-Yourself) steps;
- Contact The Fraudulent Crypto Investment Platform: Contact the trading platform that was used to scammed you. Notify them that if they do not return your money, you will report them to law enforcement/relevant financial authorities. This doesn’t guarantee that they will give you your money back, but it is a step in the right direction. Because when you act on this warning, it could pay off.
- Report The Scam to The Relevant Financial Authorities: Make sure that other traders and cryptocurrency users do not make the same mistake. When filing your complaint, provide as much information as possible, such as messages, screenshots, wallet addresses, etc.
- Inform Your Crypto Wallet Provider: Contact your crypto wallet provider and let them know that the party you paid is a scam and refuses to give your money back. By doing so, the crypto wallet provider can flag this party and end the relationship with this crypto wallet, which may prevent others from being scammed.
3 Easy and Professional Ways to Recover Scammed Bitcoin
1. Chargeback: As soon as you realize you’ve become a victim of a bitcoin scam, the first thing you can try is getting your money back through a chargeback. Contact your credit card company to see if they can reverse the charges to your card that you made to the fraudulent platform.
This is often the easiest option because you only have to deal with your bank account manager or credit card company. You usually have to try and claim a chargeback within 120 days of when you realized you were scammed.
2. File a Complaint: The second option you have to get your money back from a bitcoin scam is to file a complaint against the broker. The best way to do this is to file a report with Broker Complaint Alert.
BrokerComplaintAlert.com may be able to find out the real names of the people behind the scam to hit them with a lawsuit and get your money back. They may also be able to follow the money to the wallet where the scammers keep it and get your funds back for you.
3. Hire a Bitcoin Recovery Expert: The third and final way you can get your money back from a bitcoin scam is to hire a bitcoin recovery company/expert. These are specialists whose sole focus is on helping recover scammed bitcoin and stolen cryptocurrency.
If you are not confident in handling the issue yourself, a bitcoin fraud recovery expert is your best bet for getting your money back. They have years of experience helping victims of cryptocurrency/digital currency scam recover lost bitcoin.
Best Company to Recover Scammed Bitcoin If you are interested in hiring a bitcoin recovery expert, contact CryptoInvestigo today. CryptoInvestigo has a strong track record of success recovering money from bitcoin scammers. EMAIL: [email protected]
IMPORTANT: Due to high volume of requests, CryptoInvestigo only takes cases involving over $100,000 US Dollar.
