Investigation
Digital Currency Scams
Get your money back from digital currency scams. Thousands of clients have used our Investigation Report to retrieve their losses. Start with a free consultation.
Our approach
How it works
From case review to action plan and expert support-we give you the tools to pursue recovery.
Review your case
Based on our experience, we perform preliminary checks to assess whether your case can result in a substantial retrieval of losses.
Gather the evidence
We then gather every piece of evidence you have from your contact with the scammers along the way.
Investigation Report
We investigate your case and the people who scammed you to provide a detailed Investigation Report.
Action Plan
With our Investigation Report, you'll receive a step-by-step action plan explaining how we believe you can retrieve your losses.
Expert Assistance
Our team of experts can guide you in the execution of the recommended action plan.
Get your money back
Once you successfully execute the suggested action plan, you could retrieve a substantial part, if not all, of your money.
Get your money back from digital currency scams
The first step to protecting yourself is to be knowledgeable about these threats. But even if you were scammed, we can help and show you how to pursue recovery. Regulators worldwide have set their sights on impropriety in the crypto space, and many people have recovered stolen crypto-nothing is truly anonymous.
Your money back guarantee
If for any reason you are doubtful, you can ask for a full refund within 14 business days.
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Overview
What is digital currency?
Digital currency exists only in digital or electronic form. It is meant to be a secure, decentralized medium of exchange, often using blockchain technology to record transactions. Due to its potential for high returns, it has gained significant attention as an investment-but it is highly volatile and shrouded in anonymity, which makes it a breeding ground for scammers.
Three important digital currencies
Digital Coins
Bitcoin
The original and most valuable digital currency, often seen as "digital gold" due to its limited supply. Created in 2009, it operates on a decentralized blockchain network and has growing institutional adoption.
Leading altcoin
Ethereum
The second-largest by market cap. Its blockchain powers a vast ecosystem including DeFi applications; Ethereum itself functions as a digital currency with unique features and use cases.
Cross-border focus
Ripple (XRP)
Designed for fast and efficient cross-border payments, particularly for financial institutions. It has faced SEC legal challenges, highlighting regulatory risks in the digital currency space.
Key points
- Digital currencies are a new asset class with substantial opportunities-and substantial risks.
- Beware promises of quick wealth.
- Do your own due diligence: investigate wallets, websites, and the people involved.
- Avoid risking money you can't afford to lose.
Is digital currency a scam?
Digital currencies are not a scam by themselves, but the space is like the Wild West of investing. If you want to invest or trade, work with a reputable and ideally regulated platform. Well-known, trusted exchanges include Coinbase, Bitstamp, Kraken, Binance, and Bittrex. For any other exchange, do your due diligence and research before investing.
Watch out for
Digital currency scam types
Mining scams
Mining creates new coins via Proof of Work. Scams seek individuals to 'invest' in mining projects for passive income. This is less common with newer blockchains that use staking instead of mining.
Wallet scams
Wallets have a public key (address) and a private key (spend permission). Scams encourage you to use their wallets or even ask for your private key-never share it.
Pump and dump
Operators acquire large amounts of an altcoin, push positive (often fake) news to drive buying, then sell at the top. Social media is the primary outlet. Prices then collapse.
Pyramid schemes
Same as Ponzi schemes in any market; fraudsters capitalize on crypto growth to promise overnight wealth. OneCoin is a notorious example in the digital currency space.
ICO / Exit scams
Initial Coin Offerings raised millions for new tokens; when prices spiked, some owners sold and disappeared. Do thorough due diligence on any new digital currency, especially from social media.
High-interest return scams
Legitimate DeFi can offer up to ~10-15% on stablecoins or deposits. Be very cautious about promises higher than that and always read the fine print, including lock-up periods.
Exchange scams
Fake exchanges look legitimate until they pull the plug and take deposits. Others have weak security (e.g. Mt. Gox 2014). Use regulated exchanges with insurance and cold storage for custody.
Fall prey to a digital currency scam? How you can get your money back
If you've been the victim of a digital currency or crypto scam, don't be disheartened. A great first step is to contact us. We can start the process of crypto asset recovery: we assign someone to your case, work with you throughout, and try every possible method to help you pursue recovery of your funds.
What is crypto asset recovery?
Crypto asset recovery is a specialized field that recovers stolen digital currencies using cutting-edge blockchain technology. It involves tracing, identifying, and ultimately retrieving digital assets lost or stolen due to theft, fraud, scams, or other malicious activities.
- •Blockchain: Transactions are transparent, which helps us track them; anonymity can complicate things, but our team uses special tools to navigate and find the best way to get your assets back.
- •Legal frameworks: We stay at the forefront of regulatory developments and use only compliant, effective strategies within existing legal frameworks.
- •Tailored approach: Every scam and investigation is unique. We take a personalized approach and tailor each Investigation Report and Action Plan to your specific case so you have the tools and evidence to go after your scammers.
How to avoid digital currency scams
- •Verify websites and research the background of people involved. Avoid vague or unclear offers; don't be taken in by flashy sites.
- •Use reputable and regulated exchanges.
- •Consult experts or your financial advisor before investing in digital currencies.
- •Don't fall victim to false promises and flashy sales pitches.
- •Choose regulated, licensed exchanges with insured deposits and cold storage for wallets.
- •Be careful leaving crypto on an exchange long-term; for long-term holding, consider a cold-storage hardware wallet.
Crypto scam FAQ
Scammers and fraudsters exist everywhere, especially in crypto as a new asset class. Be very careful with opportunities in this space. If you were scammed, we can help you understand how to pursue recovery.
Crypto scammers use high-pressure tactics, make you feel you're missing a once-in-a-lifetime opportunity, and show false promises of riches. If it seems too good to be true, it usually is.
Yes. As with any speculative investment, loss of value is a risk. That's different from losing money because someone scammed you-market gyrations are one thing, fraud is another.
We investigate your case, gather evidence, and provide you with the tools and resources you need to go after what was taken from you-including Investigation Reports and tailored Action Plans.
Let's start your investigation
Get in touch and our team of experts will work tirelessly until they provide you the tools you need to get your money back.
