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Cryptocurrency Scams

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It has been estimated that a value worth $2 billion has been spun around in the cryptocurrency market to date. The cost of a single bitcoin came to an estimated $18,737.60, with a worldwide FOMO craze, however, at that point, the cost of bitcoin failed to be as low as $3,209.76 by 15 December 2018. The instability of digital money has not in any way discouraged financial backers attempting to make a speedy profit and seeing this numerous scam artists have surfaced in hopes to steal from crypto investors.

Blockchain technology is extremely sophisticated and protected, yet scam artists have still managed to deploy strategies around it to breach the system and steal innocent victims’ cryptocurrency, hack into their digital wallets, and far worse. If you have experienced something similar and are looking to recover your stolen amount, we can help you create a case against your scam artist, work with relevant financial bodies, and recover your funds.

Cryptocurrency Fraud/Theft

Numerous well-known cryptocurrency agencies are now scamming investors out of their money. A well-known organization by the name of Bitconnect did just that. The company was a trusted MLM cryptocurrency organization that had $1.5 billion rolling in it, however, all of its systems and operations came crashing down in 2018 when they were exposed for fraud and misrepresentation of numbers.

Every single year the number of crypto scams keeps rising and they come up with innovative techniques to fool people out of their hard-earned investments. Some common ways through which they steal from crypto enthusiasts include the following.

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Fake Investment Schemes

Regularly the main individuals who benefit from the web “organizations” are the scammers who run them. The websites, through which they conduct fraudulent activities, look unquestionably authentic, they include photographs of cheerful individuals with enormous houses, sports vehicles, or in fascinating areas, and profess to have made megabucks by contributing with the secret cryptographic money professionals who stand in the background.

The last time you see your cash will be the point at which you hand it over to the professional scammers and afterward unexpectedly the client service is too occupied to even consider helping with your requests about returning speculations or missed cutoff times for profits.

Report an Investment Scam!

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Pump & Dump

What many scammers do now is that they hype (Pump up) crypto that they own in bulk and then when the worth tops, they dump it. Generally, they will really persuade beginner unpracticed financial backers into their scam with misleading guarantees of massive profitable returns. Unfortunately, these innocent individuals frequently find out past the point of no return and are then left holding enormous amounts of useless cryptocurrencies.

 

Report a Pump & Dump Scam!

If you are an innocent victim of this scam, reach out to us now and an expert on our team will get back to you.

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Fake Wallets

This scam is hand-crafted for digital currencies. Since “altcoins” are bytes of information, rather than metal, they must be stored online in a “digital wallet”. Innovative scammers with great showcasing abilities set up their own computerized wallets, they then publicize forcefully for clients to deposit their crypto into them, and when they store their digital currency in them the scam artists disappear with their stored crypto.

If you were tricked by a scammer in one of these ways, or through other crypto scam strategies, we can help you file a dispute and get your money back!

Report a Fake Wallet Scam!

If you are an innocent victim of this scam, reach out to us now and an expert on our team will get back to you.

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Regain Your Funds After a Cryptocurrency Scam

Considering how rapidly cryptocurrency scams are growing, you must do whatever you can to protect yourself and recover the amount that you have lost. Get help today and recover the stolen amount!

 

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