Bitcoin Scam -How to reclaim crypto fast

The advent of Digital Currency has made a great impact around the world, but in recent years there has been a vast occurrence in the diversion of individuals’ coins(cryptocurrency) from their wallets or through fake investment schemes. These are carried out through Ponzi schemes, forex, binary options, and of course bitcoin scam companies. A lot of fake websites are on the internet posing to be legit with unbelievable returns on investment (ROI) plans.

A lot of people have ended up investing repeatedly with no hope of getting back their coins back from these rogue companies. Many are experiencing financial drought, struggling to pay bills and make ends meet. This leaves many with no hope of getting justice served.

This implies that as an individual, you have the basic obligation to be cautious when dealing with a second or third party on business or investment deals. You really should know that it’s not easy getting back what you’ve invested in these frauds at a point in time of need with the involvement of the numerous scams around the globe.

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Bitcoin Scam -How to reclaim crypto fast

But, you can still try to get your money back. Here’s How:

1. CONTACT THEM

Send a letter to the trading platform that took your cryptocurrency telling them if they do not return your money that you will report them to the financial authorities. While this can’t guarantee that they will give you your money back, when followed by action, your efforts could pay off.

2. REPORT THEM

The next step is, of course, to actually report them to the relevant financial authorities like the police or a private investigation firm that can help you get back your money.

(Reporting a scam should always be done, whether or not you can get your money back if you’ve confirmed your fears and there is no explanation for why they haven’t given your money back or allowed you to withdraw from your account it is yours and every individual’s responsibility to report criminal activity to the government so that the government can take action.)

3. GET CREATIVE

There are many ways in which a private investigator may go about finding information for a case. If you’re intent on getting your money back, you may ask yourself, have I exhausted all options in getting my money back, what if it was a million dollars? Would I throw in the towel now? Start by publicizing your story online in any way you can. For example, post the name of the broker on Facebook or Reddit to see if there are others who have information on this company or any clues as to how you could get your money back. This may also help prevent others from falling prey to the scam as well.

4. NOTIFY YOUR CRYPTO WALLET PROVIDER

Contact your crypto wallet and notify them that the company you paid for is a scam and is refusing to give your money back. This will raise awareness and ultimately jeopardize the scam’s relationship with the crypto wallet which may also help prevent others from being scammed.

5. SEEK LEGAL COUNSEL

While this may not be an option for many as lawyers’ fees can often exceed the amount of the money lost. However, there are scenarios where legal advice may help point you in the direction of steps that you could take to pursue the crypto scam company.