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Topic: Can Stolen Bitcoin Be Recovered - page 3. (Read 591 times)

legendary
Activity: 1512
Merit: 4795
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July 28, 2022, 06:08:13 AM
#5
It should be known also that recovery services telling people that they can help to recover such transaction only want to scam them too, which means recovery services are scam.

Bitcoin transaction is irreversible. So when your Bitcoin was sent to any address that does not belong to you, you lost it, forever.
Actually, bitcoin unconfirmed transaction that support replace-by-fee can be reversed if double-spent by the sender. Also if the mempool is congested and full, low fee transactions in the mempool would be replaced by new transactions with high fee, the low fee transactions can be used in another transaction.But this is not about this topic at all though. Confirmed transactions can not be reversed, it is truly irreversible.

You can not recover it, never.
Exactly because the transaction would already have been confirmed.
hero member
Activity: 2982
Merit: 610
July 28, 2022, 06:02:03 AM
#4
As I read their criticism and opinion about Bitcoin, you can really say that some have deep knowledge about this and some don't have any. With the shared opinions, positive and negative opinions, as a listener or reader it somehow just creates confusion in our minds about what is right and what is wrong. That is why having this situation we should not have to weigh all of those things we heard but it was for us to even try to further know what really it is (Bitcoin) and to verify something (potential investment or scam).
legendary
Activity: 3668
Merit: 6382
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July 28, 2022, 05:58:27 AM
#3
However, he claimed that the bitcoin was returned after he emailed a recovery expert with contact address

Actually those testimonials are most probably all fake and one will be scammed again paying for a service that cannot do anything.

1. Bitcoin transactions are irreversible.
2. Bitcoin is pseudo-anonymous, hence if somebody knows what he's doing, the stolen coins won't ever be linked to his identity.
3. If, by chance, the thieve makes a mistake, he has to also send his funds to a centralized exchange (which may or may not happen, or, even if it happens, it may happen only after many years), and the exchange will move a finger only if a proper warrant will be shown to them, which  is not easy to obtain.

So this kind of "experts" will most likely get some fat money deposits from you, may fill you with promises and .. will do nothing.
hero member
Activity: 2366
Merit: 838
July 28, 2022, 05:50:24 AM
#2
Bitcoin transaction is irreversible. So when your Bitcoin was sent to any address that does not belong to you, you lost it, forever.

You can not recover it, never.

But you can recover your wallet if it was hacked, compromised. It does not make sense if all Bitcoin in that wallet was stolen already. However, with a non custodial wallet, you can do more than just making a transaction. You can sign a message from that wallet (from a public address and a key) and sometimes, you have to do this for business deal.

But because that wallet was compromised, you should abandon it after you can prove your ownership and inform others (trade, business partners) about the situation. After that, you must use a new wallet for storage, signing message and so on.
hero member
Activity: 1008
Merit: 702
July 28, 2022, 05:42:59 AM
#1
I was reading a post where financial professionals discussed their views on bitcoin. how it influences both people and the government's desire to impose regulations on them. Some people, however, supported its existence and the issue it resolves, while others continue to believe there are reasons why it is not advisable to invest in cryptocurrencies as a whole. Such criticism has always existed as bitcoin and other cryptocurrencies continue to expand, among others.

What really impressed me about the post was the comment section, where readers shared their experiences utilizing bitcoin. One of the commenter named Paul Krebs described how he lost his bitcoin to a bogus blockchain.com imposter on Facebook, where they contacted him as blockchain official support. They gained access to his blockchain wallet, and 7.0938 BTC were taken. However, he claimed that the bitcoin was returned after he emailed a recovery expert with contact address - BLACKJOCKER10x @ PROTONMAIL COM. Different professionals who aid in retrieving stolen bitcoin were suggested by other commenters.

This post explains how cryptocurrency newbies like me, who are also interested in learning more about bitcoin and other cryptocurrencies can receive assistance from professionals who can aid in retrieving monies that have been taken from their wallets. And how to spot bogus blockchain official supporters when they are dressed as one. We have experts in the forum who can shed more light on this as well as how genuine those commenters were and determine if their testimonies were not fake. By contacting such experts, people won't be persuaded to fall victim to another scam.
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