Wherever money is involved, a scam is always around the corner. When trading with your crypto, you must be vigilant to avoid falling victim to crypto scams.
If you do, thankfully, the Coin Return Group is established to recover your stolen crypto. Below is a chat with the Coin Return Group on the possibility of recovering your stolen crypto.
Can You Get Your Cryptocurrency Back After Being Scammed?
Yes! If the scammers have not withdrawn the funds, your cryptocurrency can still be traced and recovered.
How Does The Coin Return Group Work To Recover Stolen Cryptocurrency?
The first step to finding your stolen cryptocurrency is to analyze your transactions to trace the stolen money.
The next step is to take advantage of the blockchain to monitor the stolen funds and ensure it does not exit the blockchain. Subsequently, we refund your stolen crypto to your wallet.
How Long Does The Coin Return Group Take To Recover Stolen Cryptocurrency?
The time taken to recover stolen crypto differs between cases.
The Coin Return Group works doggedly to ensure that your crypto is recovered. Some take several weeks, while some take fewer.
What Are Some Common Cryptocurrency Scams To Watch Out For In 2022?
One of the significant scams to watch out for is the Rug Pull scam.
The scammers pump up a new project as a coin or non-fungible token, causing investors to buy it quickly. The scammers then sell their holdings to rushing buyers.
However, the automation prevents you from selling yours, thus, forcing you to hold on to it till the value reaches zero and your money disappears.
Another common cryptocurrency scam is Phishing. This is done when scammers send emails with links to malicious sites with no other aim but to deceive you into imputing your wallet address and private key.
The Man-in-the-middle attack is also a popular crypto scam. When investors’ details are imputed via a public network, scammers can intercept this information, such as passwords, wallet keys, and other login details.
Also, investors should watch out for Ponzi schemes. The scammers promise huge profits compared to the required investment. New investors are paid from monies to encourage more people to join. Still, after a while, they pack up and disappear, leaving millions of unsettled investors in tears.
How Do You Spot And Avoid Cryptocurrency Scams?
Legitimate crypto investment or exchange websites have adequate information about the blockchain or tokens.
The Whitepaper for fake crypto sites or apps is usually poorly written or contains figures that don’t add up. Also, legitimate crypto projects will likely not pump themselves up with wild social media marketing. You should also be able to identify the team members and developers.
For copycat sites, there will be mistakes in spelling or capitalization. Using a Virtual Private Network (VPN) is also advisable to prevent the interception of information. These are the signs to spot and avoid crypto scams. If you have stolen crypto and want to have it back, contact Coin Return Group and get help now!