BrokerComplaintAlert.com is helping a lot of people to recover scammed and stolen bitcoin cryptocurrency. In this article, three victims of bitcoin and cryptocurrency scam share the experience of how they were able to recover their scammed, stolen and lost bitcoin. Out of the existing 18.5 million Bitcoin, over 20% with an estimated worth of about $140 billion are either stolen or lost to bitcoin scam or otherwise stranded wallets. This is according to the cryptocurrency data firm Chainalysis.
BrokerComplaintAlert.com is a cryptocurrency and assets recovery service that helps victims recover scammed bitcoin and find lost digital keys. According to our findings, the company gets an average of 75 requests on a daily basis from people who need help recovering their scammed and lost bitcoin cryptocurrency. These requests range include victims trying to recover scammed bitcoin, those trying to recover password to bitcoin accounts, lost private keys and bitcoin lost through other means.
Bitcoin owners who are locked out of their wallets speak of endless days and nights of frustration as they have tried to get access to their fortunes. Many have owned the coins since Bitcoin’s early days a decade ago, when no one had confidence that the tokens would be worth anything.
Lost Your Bitcoin to Cryptocurrency Scam? Here’s How Some Victims Got it Back
We have spoken to dozens of defrauded bitcoin and cryptocurrency investment scams. A small minority managed to recover their funds. They share their experiences;
Frank, a construction worker from East-Central Europe, invested 89,750 Euro into a cryptocurrency investment company. Hoping to make enough money to earn an early retirement. He “invested” almost 90,000 Euro using his credit cards, in what he believed to be a legitimate bitcoin investment site, and was making an apparent profit. But when he tried withdrawing, the company did not allowing him to withdraw his money, including ostensible winnings. He realized at that point that he had been scammed by one of the numerous online fraudulent bitcoin investment firms.
After Frank realized what had happened to him, he went online, searching for how to “Recover Scammed Bitcoin.” Luckily for him, he was able to find a couple of references and people sharing their experience of how BrokerComplaintAlert.com was able to help them recover their scammed bitcoin, and stolen or lost cryptocurrency.
In addition to helping Frank recover his scammed bitcoin, BrokerComplaintAlert.com was also able to help other scam victims who lost money to the same fake bitcoin investment company, recover their funds as well. Frank is one of the fortunate few people that was able to recover their scammed bitcoin. According to the French securities regulator, the Autorité des Marchés Financiers (AMF), there are a lot of fake bitcoin cryptocurrency investment sites.
Jerry’s Recovery Process With Atrium Forensics
Another victim, a British man named Jerry, who lost 134,000 Pounds to another fraudulent crypto investment site, hired Atrium Forensics to trace and recover his lost bitcoin cryptocurrency. He said he smelled the pungent fragrance of scam after noticing unauthorized trades and discovering the company was operating from another country when he thought they were from UK. Fortunately, he was able to get the much needed help when he hired the service of Atrium Forensics.
The truth is that many bitcoin and cryptocurrency investors lose some or all of their investment. This is due to the fact that the fraudulent companies’ income derives directly from customers’ losses. In some of the companies, employees confessed that some customers are able to withdraw some money if they refuse a “bonus” — money “given” to clients by the firms.
A lot of time, they also include many small-print strings attached, to encourage them to trade more. They then use a pretext to prevent them withdrawing their funds. We advise that you resist aggressive sales pitches, that are very adamant in their demands. The far more common scenario, however, is that customers are refunded only if they threaten a credit card chargeback or otherwise cause the company immense headaches, and even then only rarely.
How Chargeback Works to Recover Scammed Bitcoin
A defrauded customer’s first course of action should be to try to reverse the credit card transaction. Even the threat of a chargeback can sometimes get a customer their money back. If the company goes above a certain percentage of chargebacks, they could have problems processing credit cards, so they prefer to just return a customer’s money. But not many victims of bitcoin and cryptocurrency scam are aware that is even an option.
If the company does not return your money, you can approach your credit card company or issuing bank and fill out the paperwork for a chargeback, citing fraud, misrepresentation and breach of contract as the reasons.
Justin, a partner with the New York-based firm BrokerComplaintAlert, which helps bitcoin, cryptocurrency and investment scam victims recover their funds in exchange for a percentage of the recovered loss, agreed that a victim’s first recourse should be to try as hard as possible to obtain a chargeback.
How BrokerComplaintAlert.com Can Help
BrokerComplaintAlert.com’s team of forensic cryptocurrency investigators have extensive experience in conducting large, complex investigations. They use proprietary software to identify links between cryptocurrency addresses and entities, such as criminals, dark markets, mixers, and fiat on and off-ramps.
Michelle used their retained services can create documentation that serve as actionable intelligence for law enforcement cases against bitcoin scam, stolen crypto, recover money lost to online trading, money from binary options scam, forex scam, and more. BrokerComplaintAlert.com provides written, detailed reports on the investigations conducted, which have been utilized and proven in judicial proceedings. Apart from recovering the $853,000 in stolen funds for Michelle, they also provided expert witness services can help in court when it was time to prosecute and recover assets.
Guaranteed Way to Recover Scammed Bitcoin and Stolen Cryptocurrency
BrokerComplaintAlert.com offers the best funds recovery expert service. Their teams is trained to trace funds lost in cryptocurrency fraud and theft, binary options, forex trading and investment scam. With the upward trend of growing crypto theft, scams and fraud, law enforcement is forced to focus on large, high-profile cases while victims of “smaller” losses are often left to their own devices.
However, these “smaller” losses can add up to big numbers, damaging trust in the industry. This is why the BrokerComplaintAlert.com Defenders League’s services are available, and marks a significant step forward toward BrokerComplaintAlert’s goal of making crypto a safe, trusted and broadly adopted asset class.