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Topic: Recovering stolen funds - page 2. (Read 306 times)

legendary
Activity: 1904
Merit: 1563
August 12, 2022, 09:16:19 AM
#3
Hiring a forensic expert to investigate a stolen crypto would just increase your overall costs. Although it might be traced, recovering the money that was stolen is impossible simply due to the append-only nature of blockchain transaction.
hero member
Activity: 994
Merit: 1089
August 12, 2022, 08:57:49 AM
#2
No, stolen funds cannot be recovered because bitcoin transactions are irreversible, no forensic expert or investigator can help you recover your stolen funds, that is why you have to take your security as being paramount, and also to check very well before you make a transaction, so you don't send to the wrong address

It goes without saying that bitcoin is pseudonymous, so even if you can track the address of the stealer, if the person is well versed in the network you'll never be able to link it to him or her personally, there are also mixers and coJoin services that makes your attempt at tracking a thief more difficult.

Experts will probably try to convince you that they can do something, don't believe them, they may scam you through that process, they will collect your money, and would never help you recover the funds.
newbie
Activity: 19
Merit: 7
August 12, 2022, 08:53:45 AM
#1
I'm curious to know. Can a stolen funds be recovered from the  scammer by a forensic experts?
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