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Topic: Top 5 ways to recover your stolen or lost crypto (Read 615 times)

full member
Activity: 344
Merit: 107
September 21, 2021, 01:55:47 PM
#56
These videos are said to prevent hacking. And I don't think anyhow stolen crypto will returnable in your wallet, If the hacker doesn't give you back ha ha. Many people are victims of hacking in crypto and I think most hacking incidents happen here because the privacy of the hackers is very secure here.
jr. member
Activity: 210
Merit: 1
lets we know how to recover your stolen or lost crypto in now a days crypto is very secure but few time many traders losses or stolen there assets and not quite easy and in time from trading there are defrint types of ways to recover yor stolen or loss.
you need to keep save your wallet key in secure place that give help to recover your lost in profisional system and the next ways is very secure you can secure you hard drivers while this way you can secure your stored coin and crypto and crypto assets is fluctuate is very short timeframe therefore there are not easy for all traders other then the capital is in the risk
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
I know that many people will act as if it is possible to recover, but reality is that it depends on the person who stole it. I have lost over 3 thousand dollars, which was all of my savings at the time, just to a scammer once, thankfully I managed to recover and that money had nothing to do with my regular life, so my life never changed, sure I lost my savings but I was never really rich, and I never spent any money I need on investment, and one of my closest ever friend is a lawyer, so I told him to send a letter basically just threatening the person to make them scared, not like we could do something but we just wanted to scare them, obviously nothing happened, and I moved on.

I made that money back eventually thanks to crypto going up. Basically you can't really recover from something if the person who stole it from you really knows what they are doing, that is the end of it.
legendary
Activity: 2268
Merit: 1655
To the Moon
...And also if you lost your crypto because of some mistakes, well it's lost forever mate and there's no chance as well you can recover it, unless you know the owner of the address and you can convince him to send it back to your wallet, if not then its impossible.
I don't even know what arguments you should provide to a hacker so that he decides to return the stolen funds. This is possible only if the fraudster understands that he has stolen the crypt from such people who have the financial and technical capabilities to track his in real life.
sr. member
Activity: 2016
Merit: 283
There's no way mate, if its stolen, there's no chance for you to recover it even you act early and report the situation.. Indeed i never see that there's a hacker who give back the stolen money because he got caught. Lol especially here in crypto space wherein all the user were anonymous..
And also if you lost your crypto because of some mistakes, well it's lost forever mate and there's no chance as well you can recover it, unless you know the owner of the address and you can convince him to send it back to your wallet, if not then its impossible.
hero member
Activity: 1834
Merit: 879
Rollbit.com ⚔️Crypto Futures

Act as quickly as possible
“The quicker you can act, the better,”. The longer you wait to start tracing your crypto, the more time you give thieves to transfer your assets to cold storage, send them to sketchy exchanges, or to tumblers to mix them up.
But when coins are stolen from an exchange are you are affected, if the exchange doesn't pick this security breach and coins are moved away from it, chances are the exchange is to compensate you especially if all preliminary steps like setting 2fa and are there.  You don't need to be a Sherlock Holmes

Legality
For the legal system to actually work in your favor, you’ll likely need to know who stole your cryptocurrency. 
If you know the person that stole your coins this becomes a criminal case and one can be prosecuted in court for it.

ReclaimCrypto
Coinfirm is teaming up with global investigations firm Kroll, to launch a joint initiative called ReclaimCrypto. ReclaimCrypto combines the latest blockchain forensic techniques with the world of legal investigation and asset recovery. Pawel Kuskowski, CEO of Coinfirm told Coindesk:

 What happens to your crypto in places where crypto isn't legalized then Reclaim can't do their job,let's just keep backups and know how to use our crypto securely to avoid all these hurdles.

sr. member
Activity: 1484
Merit: 253
Technically speaking there is no way for you to recover the crypto that has been stolen from you or the coin that you have sent to a wrong person. It is not like a bank which has the middleman on which you can still recover the things that might happen like that so always be careful on your wallet, you wont lose money if you wont get hack so always use safe internet and safe device. With regards to sending coin mistakenly to a wrong address then it is already your fault, always make sure to double-check before you click confirm.
Indeed. Actually there is no way to recover the lost crypto once it was stolen unless you know the person who steals it and you can access the wallet and sends you funds back again. Lost and stolen crypto doesn't have the chance to recover. I guess this is not about ways to recover, it must be ways to prevent it. Coins never have the chance to recover once sent to another's wallet, it is too difficult to track and impossible to recover. Indeed. With regards to sending money mistakenly to a wrong address it is already your fault, that's why you really need to double check  everything before clicking confirm. For you to prevent stolen or lost crypto, it needs extra careful and proper knowledge.
legendary
Activity: 2268
Merit: 1655
To the Moon
...Thankfully, one of the many benefits of cryptocurrency is that you can see where the coins have gone. If they go through an exchange, you’ll most likely be able to find out who the wallet holder is thanks to the KYC process. From there, you can get a court order to reveal the thief’s identity and recover your stolen cryptocurrencies...

Even exchanges that have had their assets stolen do not always have time to transfer this information to other exchanges in order to block the hacker's account. Because hackers quickly withdraw the stolen cryptocurrency using a mixer and anonymous cryptocurrencies, whose transactions are very difficult to track, or even impossible.
full member
Activity: 1498
Merit: 146
I think these tips will be helpful for an instant but we already know about when someone stole our money and wallet, they transfers those money to themselves and their own wallets. So, this will not be as helpful to waste time on these and at the last you will get nothing. So, it will be better to keep strong security of your wallet.
Yes, once its lost then its lost forever its very unlikely to recover our lost cryptocurrency funds because the blockchain itself is decentralized. Better protect yourself then getting stolen for that lot of ways are there and best is using the hardware wallets which encrypts your private keys so even an infected system may not do much harm for your assets.
hero member
Activity: 2562
Merit: 586
Thankfully, there are ways to get your cryptocurrency back. We’ll be looking at the top ways to recover your lost or stolen cryptocurrencies, and how to avoid going through something so traumatic in the first place!
Recovering lost things must be completely different from stolen. When a hacker/stealer sends funds into some other wallet then you may not recover those funds forever. So, there cannot be any top ways to recover stolen funds. The cases of forgotten/lost funds as you may have the wallet file and forgetting the password or seeds might be different case and when you dedicate time then you may get chances to recover your funds.

It has been always being suggested across this forum to securely save your password/seeds/privatekey and when we are ignorant to them and then no one could help us to get back our funds as there are only 0.001% chances any top ways may work of our unique cases.
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
If crypto is said as lost it may be difficult or not able to recover. Moreover, if it is lost because of sending to a wrong wallet address, hacked, scammed, and also losing private keys or passwords or anything information need to access the wallet.
However, if it happens in an exchange, it may not be a lost asset if it is still in an exchange.
You need to ensure that you have really convincing proof of your issues and contact the exchange support. But it may be not easy
member
Activity: 252
Merit: 11
I think these tips will be helpful for an instant but we already know about when someone stole our money and wallet, they transfers those money to themselves and their own wallets. So, this will not be as helpful to waste time on these and at the last you will get nothing. So, it will be better to keep strong security of your wallet.
member
Activity: 770
Merit: 12
Trphy.io
Since we are in the world wherein we don't really know what will happen in the future, so we must do something that will not just give us one source of income, we should have at least 4 or more sources of income, since I am earning fixed income from my regular job, sometimes I am also doing trading, bounty hunting as well as joining campaigns, so that when I lose or wasted time from bounty, I still have trading and my fixed income.
right, our source of income should not only come from one job. we do not know what is happening to the work we are currently living. therefore looking for other sources of income is highly recommended so that we do not have economic problems if one source of our income has problems. More specifically, they can cover each other
newbie
Activity: 4
Merit: 1
I started trading with COINSFM and I have deposited over $128K in total over a 4 month period and my account was about 290k at the best.
of course i should have withdrawn when at the top. Most money was won by the help of my Account Manager named David Garcia and in background was the Senior Account Manager Oliver Martin.
One Thursday evening, David contacted me after a long break and stated now was the time to make some real money again.
After about 4 – 5 hrs the result was a loss of everything except an active trade on XRP worth 80k. I then agreed a recovery plan with Oliver Martin stupid as I was.
 This plan should be a very low risk plan based on weekly coin buying.
The recovery looked promising until Martin introduced me to a total maniac with the name of Rothschield which he claimed would help me get my account back on
After 2 hours of trading the account was empty again with the exception of a long term stock trading. All in all I’m an idiot trusting these guys.
I am 100% sure that I was targeted the day I made my first deposit.
When they felt that I was empty (no more to deposit) they decided to strike and did their best to empty the account.
I learnt the hard way, all my savings was gone in a flash. They milked me for all my savings and showed some real good money to convince me.
I tried to report to my bank and i was told that it was too late and there’s nothing they could do. The journey on recovery started,
 I tried few online company that i believed they could help with the law but it was all a failed attempt.
Luckily for me, i found THEHACKERSPRO.COM on google talking about forensic investigation and asset recovery. i was very careful not to fall for a second scam.
I asked them all the possible questions till i was convinced then i decided to try since you miss every opportunity you don’t take.
A couple of weeks later, I was told to send my account details and i got my money back.
it was unbelievable and ever since i have always tried to spread the news about this company- thehackerspro.com
 They offer a full range of services as an investigative firm. Big companies and high-net individual seek their services all around the world.
 In case you are looking for way to get back your money from fraudulent online investment you can send them an email. I hope this helps!

sr. member
Activity: 812
Merit: 260
Since we are in the world wherein we don't really know what will happen in the future, so we must do something that will not just give us one source of income, we should have at least 4 or more sources of income, since I am earning fixed income from my regular job, sometimes I am also doing trading, bounty hunting as well as joining campaigns, so that when I lose or wasted time from bounty, I still have trading and my fixed income.
full member
Activity: 1204
Merit: 104
That is not technically true, your coins are not completely lost until you get a confirmation, so in the unlikely case that you realized that a hacker has stolen your coins but the transaction is yet to be confirmed by the miners you still have a very small window of opportunity to recover those coins, you could send another transaction in which you send those coins to a wallet that you control and you include a very high fee so it gets confirmed first.

That is a way in which you could save your coins but it is really unlikely that you are going to be watching your wallet exactly at the moment in which a hacker is trying to steal them.
This is really a very good opportunity for those who made a mistake when transferring their funds to another wallet, because the user controls the transactions and if he noticed that he entered the wrong recipient address, then until confirmation is received, he will be able to return in the way you are talking about  imagine your own cryptocurrency.  But I do not believe that the owner of the wallet will have the opportunity to get ahead of the hacker who wants to take possession of your funds, since everything happens when the owner does not see this.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
That is very long post I ever read but information inside very good. Now we know there is solution for our problem even I believe not all will success. I try to understand what should I do if get stolen crypto so I can do something to protect my wallet and this post really helpful, thank you.
There is no possible if we would like to try but the question is if we could have to make it. Cause most lost/stolen crypto aren't recover anymore. It only we can trace the transaction but badly we can't make it back from the hackers. We can't make assurance for the safe keep of our wallet, even exchanges become a victim beside they are strict in terms of wallet/keys security.

That's correct once the transaction goes into it, it will be a big problem to solve once it has been transfered to other wallet maybe you can contact the support of the wallet or otherwise it will be stolen by hackers.

There actually aren't any solutions that are viable in op's post? That's one thing about anonymity and drcentralization. Once you've pressed that send button, the fund goes to the wallet address you've indicated. There's  no way for you to know who that wallet belongs to and even if you freeze you assets, the funds that you've sent out would be irretrievable. It's just about being careful to prevent such mistakes.
That is not technically true, your coins are not completely lost until you get a confirmation, so in the unlikely case that you realized that a hacker has stolen your coins but the transaction is yet to be confirmed by the miners you still have a very small window of opportunity to recover those coins, you could send another transaction in which you send those coins to a wallet that you control and you include a very high fee so it gets confirmed first.

That is a way in which you could save your coins but it is really unlikely that you are going to be watching your wallet exactly at the moment in which a hacker is trying to steal them.
sr. member
Activity: 812
Merit: 260
Well then, thank you for that.

I guess we need more of this than just some threads created with no sense at all.
Keeping the new buyers safe and sound while they are doing whatever they want with their crypto currencies.

Some points though doesn't matter. Legality? Can you really go that far from a stolen fund? It will be a rough path unless that was really large amounts.

Although scammers can be sued in legal way, still it's a long process which will cause you so much pain, stress, and wasted time, so if it is not that really large amount of money, maybe we can just consider it as an experience that we really should care about for us to avoid it in the future, so for me, let's just find other ways to recover the loss we encountered.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
Well then, thank you for that.

I guess we need more of this than just some threads created with no sense at all.
Keeping the new buyers safe and sound while they are doing whatever they want with their crypto currencies.

Some points though doesn't matter. Legality? Can you really go that far from a stolen fund? It will be a rough path unless that was really large amounts.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
I would consider them as precautions or measures that we can take to avoid being scammed.
Once the money is out of your wallet there is pretty much nothing you can do.
Once the amount is trasnferred to the other wallet nobody can access the wallet except for the one who hold its private key.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
That is very long post I ever read but information inside very good. Now we know there is solution for our problem even I believe not all will success. I try to understand what should I do if get stolen crypto so I can do something to protect my wallet and this post really helpful, thank you.
There is no possible if we would like to try but the question is if we could have to make it. Cause most lost/stolen crypto aren't recover anymore. It only we can trace the transaction but badly we can't make it back from the hackers. We can't make assurance for the safe keep of our wallet, even exchanges become a victim beside they are strict in terms of wallet/keys security.

That's correct once the transaction goes into it, it will be a big problem to solve once it has been transfered to other wallet maybe you can contact the support of the wallet or otherwise it will be stolen by hackers.

There actually aren't any solutions that are viable in op's post? That's one thing about anonymity and drcentralization. Once you've pressed that send button, the fund goes to the wallet address you've indicated. There's  no way for you to know who that wallet belongs to and even if you freeze you assets, the funds that you've sent out would be irretrievable. It's just about being careful to prevent such mistakes.
full member
Activity: 686
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
You got the point but I already did that and no money can't recover, I lost it forever. The only that we can do is keep our wallet safe and always check transactions before execute. We can recover our money is by do some trade/ invest again. Anyway thank you for your post, at lest I know something different.
full member
Activity: 700
Merit: 100
Proof-of-Stake Blockchain Network
That is very long post I ever read but information inside very good. Now we know there is solution for our problem even I believe not all will success. I try to understand what should I do if get stolen crypto so I can do something to protect my wallet and this post really helpful, thank you.
There is no possible if we would like to try but the question is if we could have to make it. Cause most lost/stolen crypto aren't recover anymore. It only we can trace the transaction but badly we can't make it back from the hackers. We can't make assurance for the safe keep of our wallet, even exchanges become a victim beside they are strict in terms of wallet/keys security.

That's correct once the transaction goes into it, it will be a big problem to solve once it has been transfered to other wallet maybe you can contact the support of the wallet or otherwise it will be stolen by hackers.
full member
Activity: 938
Merit: 105
That is very long post I ever read but information inside very good. Now we know there is solution for our problem even I believe not all will success. I try to understand what should I do if get stolen crypto so I can do something to protect my wallet and this post really helpful, thank you.
There is no possible if we would like to try but the question is if we could have to make it. Cause most lost/stolen crypto aren't recover anymore. It only we can trace the transaction but badly we can't make it back from the hackers. We can't make assurance for the safe keep of our wallet, even exchanges become a victim beside they are strict in terms of wallet/keys security.
hero member
Activity: 2996
Merit: 609
Once it is stolen or lost it is highly impossible to recover. Once gone is gone for ever and ever. Even i personally experienced bad with these ones its lost you can't get back.
As said above prevention is better than cure. Take neccessary action before its too late, no use of breaking head once it's lost or stolen.

Store your private keys safely
Be wise. Should be very careful.

Despite of the effort, recovering once stolen is indeed impossible to recover because the transactions has been confirmed and even if you take it legally, the legal will advice you to accept the fact that you already lose the money. Prevention is better so your top priority is to protect your wallet, always have a secured transactions and never expose your private keys.
Main thing should be having on mind because of irreversible characteristic of crypto, there no other way for those lost coins to be retrieved even it would be on legal aspect.

As you said once tx is confirmed then taking it back is impossible.Hence, you wouldnt even know on whose the owner of such wallet thats why its better to move on than to
stress out yourself into lots of things to think off about recovery because its an impossible one.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
Once transactions of blockchain are being confirmed this is irreversible, it means there's no way to back your money. I think you just move on and don't let it will happen again in the future because you can't force to pay once if ever you can trace hackers from the wallet address send. It's too late to recover and better to move on in that way, especially those small amounts they let hackers be happy and without tracing them because they know it will be lost forever. Because of our carelessness, our crypto was gone. You should be careful next and be vigilant in keeping your bitcoin safe.
If the amount of coins that were stolen is high then you cannot really afford to move on you need to go to the authorities and tell them what has happened but there are several problems with this approach right now, the first is that many police departments are not really equipped with the tools to try to track the hackers that stole your coins, the second issue is that no one really knows what cryptocurrencies are so you may not get the attention of the authorities even if you go to them.

And finally there are many that are holding their coins and have not reported their profits and have not paid their taxes and they are rightfully afraid that instead the ones that will get in trouble will be themselves.
sr. member
Activity: 826
Merit: 252
That is very long post I ever read but information inside very good. Now we know there is solution for our problem even I believe not all will success. I try to understand what should I do if get stolen crypto so I can do something to protect my wallet and this post really helpful, thank you.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
Once it is stolen or lost it is highly impossible to recover. Once gone is gone for ever and ever. Even i personally experienced bad with these ones its lost you can't get back.
As said above prevention is better than cure. Take neccessary action before its too late, no use of breaking head once it's lost or stolen.

Store your private keys safely
Be wise. Should be very careful.

It is irreversible process actually, that is why there is a confirmation from the sender before any transaction, so basically what you need to do is to check all the information encoded to successfully transact. But OP should have cleared on what he is pointing to, I lost my mind for a bit reading the whole post, if it is stolen or lost. There is a complete chance for you not to get back what you have lost from being careless or hacked that is he primary con of cryptocurrency. I highly recommend to double check, better if triple check of the information especially on addresses since it is too long alphanumeric characters.

 Just to add up, there is no such thing as reclaiming of crypto.
full member
Activity: 532
Merit: 100
PrimeDAO - An Adoption Engine for Open Finance
These are really helpful advice for careless people. I have also had viruses enter my computer and steal all my data. So to avoid hackers or viruses from entering your computer, you should first keep your computer as clean as possible and not download any unsafe file types.
I think this is one of the best ways we can help us prevent a computer from being hacked remotely.
legendary
Activity: 3052
Merit: 1188
There are big differences between stolen cryoptos and lost cryptos. Summarizing some common methods across these two category makes no sense at all. Basically, cryptos are non-reversible which makes once stolen is stolen for ever and the transparency level of blockchain has no help on this case. (Blockchain is pseudo-anonymous which is one level up toward transparency but not sufficient as addresses are not linked with physical identities, lol).

In my opinion, there cannot be any generalized effective way for recovering stolen or lost cryptos. Some methods may work on some cases and vice versa. The only feasible solution could be, securing our crytos with double to triple checks and measurements. Prevention is much much better than recovering Smiley.
hero member
Activity: 1432
Merit: 500
Once it is stolen or lost it is highly impossible to recover. Once gone is gone for ever and ever. Even i personally experienced bad with these ones its lost you can't get back.
As said above prevention is better than cure. Take neccessary action before its too late, no use of breaking head once it's lost or stolen.

Store your private keys safely
Be wise. Should be very careful.
sr. member
Activity: 742
Merit: 251
Actually there is no way to recover the lost crypto once it was stolen unless you find the person who steals from you and accesses his wallet and sends you funds back again.All the other tracing works or complaining to the exchanges won't give any chance to recover.

Those tips are quite helpful i think, but it won't make any decent difference when our wallet stolen, sometimes the thiefs are instantly send our assets to their wallet, so it will waste if we spend too much effort to take back our wallet. We better to prevent the lost or stolen rather than find way to recover it
If someone becomes successful in his attempt of getting your wallet, then it is best to consider the money gone at the very moment your wallet ended up in someone’s else hands. Prevention is better than cure. Everything can be recovered but sometimes recoveries are also not a simple task to perform. The most effective way is to stop sharing credentials and sensitive information with others.
hero member
Activity: 2156
Merit: 711
Telegram @tokensfund
It's not possible to get back your stolen crypto by any means, it's quite impossible to recover the loss in this cryptocurrency platform, suppose, your whole crypto has stolen by a hacker so how could you do regarding this issue, what about your legal issue? when you don't have any legal status then you don't have any chance to get helped from this segment, following my experience, I didn't hear any news that stolen cryptocurrency or Bitcoin would restock. once it's gone, it's forever gone. it's the most demerit of this system.
sr. member
Activity: 1064
Merit: 265
Vave.com - Crypto Casino
Tittle question and answer is totally different.There is no way to recover stolen crypto. After crypto transfer there is no option to dispute or refund.So there is no way. Your mentioned point is how to keep your crypto safe from hacker.           
hero member
Activity: 2590
Merit: 644
Once transactions of blockchain are being confirmed this is irreversible, it means there's no way to back your money. I think you just move on and don't let it will happen again in the future because you can't force to pay once if ever you can trace hackers from the wallet address send. It's too late to recover and better to move on in that way, especially those small amounts they let hackers be happy and without tracing them because they know it will be lost forever. Because of our carelessness, our crypto was gone. You should be careful next and be vigilant in keeping your bitcoin safe.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
Use paper or hardware wallets for storing your total portfolio amount, just keep the small and affordable amount on wallets which can be accessed anywhere from mobile for paying or to convert them into fiat. If you are using an exchange to store cryptos then follow all the safety measures like 2FA, login guards, unauthorized mobile access guards and much more.
There is a saying that states that prevention is better than cure and it is true, many people concentrate themselves on trying to find ways to get their coins back after they had been stolen when it is way better to secure our coins properly from the very beginning so the chances that we lose our coins are very small, and the truth is that the steps needed to secure our coins properly are not really that hard.

If you are going to store your coins for the long term and you do not have any kind of plans to move them then paper wallets are a great option and if you have plans to move them once in a while then get a hardware wallet, trezor is right now having a black Friday offer and you can get their cheapest model for 49 euros which is really cheap.
hero member
Activity: 1750
Merit: 589
Recover stolen? crypto? Are we talking about the same crypto of blockchain tech? If so then I'm pretty sure you can't recover that. Most of the information you actually listed is Prevention instead of being called recovery. BTC or any altcoin at that can never be recovered once sent to another's wallet. It's just simply impossible. It's just how the system was made. Well, if the scammer/hacker actually sent the coins back out of changing heart, well, that could be a possibility. But the chances are close to null, ngl.
newbie
Activity: 39
Merit: 0

I'm not trying to say stealing money is right thing to do but I would never pay more than what I have lost just to take revenge. They just don't deserve my money more than what they have stolen.


Fully agree, but it's not that simple. Usually crypto thievery revolves around small sums in a single case. Someone is stealing small amounts of crypto from many people, because no one will pursue him heatedly, such approach let those people run away with your money. Justice loses with clear calculation and I'm not surprised and I also wouldn't seek for vengeance if it turned out completely unprofitable for me - all in all it's all about money. The situation is different when it comes to biggers sums, for example stolen from some company or organisation and in this case, even when the chances for retrieval aren't high, it may be profitable for such to hire for example Coinfirm mentioned here. Of course it's better (and cheaper) to prevent rather than seek for help after the incident but sometimes even the best security systems fails to protect assets from being stolen. Everyone who gets into crypto should know the basics how to protect yourself and always be careful.
sr. member
Activity: 1274
Merit: 267
Imagine, someone lost crypto worth about $500 USD and he took legal action, reporting to police, had a lawyer and waited everything to be processed that took so much time and at the end he realized that he has lost more than the $500 cause he needed to pay the expenses during the search of his stolen money.
Haha, +1 to this. Sadly this is what happens in almost every case. What's gone, is gone (in crypto world, yeah, that's why it's called crypto). Btw it's so funny, these guys want anonymity but at the same time want to find stolen coins and even get them back.
Bitcoin and the way transactions are sent are far different from bank transactions. On bank transactions, if any mistake happens, you can call to them and fix it with them but in bitcoin, whom are you going to call? If you are capable of recovering your stolen cryptos, then recover all of them, you will be a billionaire.

I thought you'd give me some merits by saying +1

Well, people should be aware of everything that may appear during the proccess of decentralization.

In some cases it's not necessarily about getting your money back, but about justice. I would gladly cover the legal expenses to see hacker/thief be forced to pay a hefty fine or be sent to prison to rot for a while.

It's not fair to have someone like that enjoy the money you worked for. If people were to ignore reporting small theft amounts it basically means that the thieves win and have even more incentive to steal only smaller amounts.

I'm not trying to say stealing money is right thing to do but I would never pay more than what I have lost just to take revenge. They just don't deserve my money more than what they have stolen.
hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
Imagine, someone lost crypto worth about $500 USD and he took legal action, reporting to police, had a lawyer and waited everything to be processed that took so much time and at the end he realized that he has lost more than the $500 cause he needed to pay the expenses during the search of his stolen money.
Haha, +1 to this. Sadly this is what happens in almost every case. What's gone, is gone (in crypto world, yeah, that's why it's called crypto). Btw it's so funny, these guys want anonymity but at the same time want to find stolen coins and even get them back.
Bitcoin and the way transactions are sent are far different from bank transactions. On bank transactions, if any mistake happens, you can call to them and fix it with them but in bitcoin, whom are you going to call? If you are capable of recovering your stolen cryptos, then recover all of them, you will be a billionaire.
hero member
Activity: 1680
Merit: 655
Act as quickly as possible
Benjamin Sauter, a partner at Kobre & Kim law and an expert in crypto theft cases, told Decrypt, “The quicker you can act, the better,”. The longer you wait to start tracing your crypto, the more time you give thieves to transfer your assets to cold storage, send them to sketchy exchanges, or to tumblers to mix them up. “The more sophisticated you are, and the less sophisticated the thieves are at laundering the assets, the better chance you have,” Sauter continued.

If the funds are in an exchange, you’ll need to contact them and ask them to freeze your assets. This will buy you some time. Unfortunately, not all exchanges will comply so you may need to get a lawyer involved to throw their weight around and convince a court to order an issue for them to be frozen.


I don't think that you have that luxury in time when it comes to stolen funds being recovered since in most cases the only time you know your funds are stolen is when its already gone. So in your given scenario where you are asking the exchange to freeze your funds is really impossible since I don't think you have that time to call a lawyer and for them to go into court just to save your capital in time. In matters like this I really don't have any kind of solution on how to recover your funds since everything will now involve a legal action about this which means involving the authorities so it's really better to protect your account from attacks like this such as having 2fa in your account, not having the same passwords for all of your accounts especially your email, and also not downloading random things from suspicious links to avoid spyware from your computer.
legendary
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Bitcoin FTW!
If you lose a somewhat trivial amount of cryptocurrency, just move on and take it as a lesson for whatever mistake(s) you happened to make leading up to the loss; it's extremely difficult to recover stolen coins if not impossible in most cases, and so it's not worth your time trying to do more IMO. That's just one of the minor downsides of using cryptocurrency; transactions cannot be reversed, though in some circumstances lost coins can be recovered. I like that eToro's making all sorts of guides for people that are newer to Bitcoin and crypto in general, but a much shorter answer that most people won't like is that if your coins are stolen or lost, it's most likely not recoverable.
hero member
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If the funds are in an exchange, you’ll need to contact them and ask them to freeze your assets. This will buy you some time. Unfortunately, not all exchanges will comply so you may need to get a lawyer involved to throw their weight around and convince a court to order an issue for them to be frozen.
The only possible solution for this is to identify the hack instantly and inform all the exchanges and tumbler services about the hack and wait for the funds to reach them and then they can confiscate the funds and return that to you, but it is not a simple process and these are possible in the future but to have everyone under under umbrella is a hurdle. If some company can come up with a service like that then it would be great.
sr. member
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LuckyB.it is Back!
Once you find yourself in a situation of lost or stolen cryptocurrencies there is not much you can do. You don't have much chances to get it back unless you are really lucky. That is why actually these advice are not so helpful except those about self protection, that is actually the key. Be very careful with your funds, keep them in different wallets, keep your passwords and other security data safe, take care about your computer or mobile phone security hygene, check every transactions twice before you send it and similar.

Funds inside the wallets are always safe unless and until you were not handling the wallet private key at the right place. Most of the people loosing the funds with their friends and family members Only.
Reason is they are only people who can access the mobile or computer. So none of others can steal your BTC when you know the basics of handling wallets.
hero member
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Act quickly as possible? Wont really be that enough even how quick you are once those funds is transferred into a personal wallet then recovering is impossible

Legality? You can fight if you do have the funds to spend with some lawyer and you do have the hints or do know on where those funds go but if none then you are just basically wasting your money.

Recovery of lost coin into a cold wallet?
There were several recovery services but it doesnt still give out assurance.



Dont believing too much on these side shillings about these services like Etoro and Reclaim crypto you said which is totally irrelevant.
legendary
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WOLF.BET - Provably Fair Crypto Casino
Once you find yourself in a situation of lost or stolen cryptocurrencies there is not much you can do. You don't have much chances to get it back unless you are really lucky. That is why actually these advice are not so helpful except those about self protection, that is actually the key. Be very careful with your funds, keep them in different wallets, keep your passwords and other security data safe, take care about your computer or mobile phone security hygene, check every transactions twice before you send it and similar.
sr. member
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Vave.com - Crypto Casino
Once your wallet is compromised and stole the coins in it then dont expect on such retrieval or the chance to take it back.
Knowing crypto which is anonymous and having those no reverse transactions which is the perfect recipe for stealing
due to these features.The thing here is that if you dont like for your funds to be stolen then its better to follow things up
on protecting your assets on the first place. No. 1 rule is= Dont let others do knows about your private key.
Indeed! Once the private keys were compromised it would be better to act as quick as you can to take what you have to take. Only if you were lucky enough to be faster than the person who happens to know your private key. It is better to never tell your private keys to anyone unless you trusted them the most with your cryptocurrency.
legendary
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For support ➡️ help.bc.game

Those possible ways listed above to recover stolen coins is really a hassle thing to do. And in the end, we don't even know if it will yield a good result.

Do anything to protect our funds so we don't end up following those ways.

In most cases, if the coins are stolen either by any means, chances of recovering it so slim even with the help of big institutions.



OP, I have noticed (even in your previous posts) that you are just entirely copy+pasting the whole thing in the article without giving your own thought or view. It's fine though if you are the author of that E-toro article/s.
hero member
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DGbet.fun - Crypto Sportsbook
Once your wallet is compromised and stole the coins in it then dont expect on such retrieval or the chance to take it back.
Knowing crypto which is anonymous and having those no reverse transactions which is the perfect recipe for stealing
due to these features.The thing here is that if you dont like for your funds to be stolen then its better to follow things up
on protecting your assets on the first place. No. 1 rule is= Dont let others do knows about your private key.
hero member
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Bitcoin = Financial freedom
Actually there is no way to recover the lost crypto once it was stolen unless you find the person who steals from you and accesses his wallet and sends you funds back again.All the other tracing works or complaining to the exchanges won't give any chance to recover.

Those tips are quite helpful i think, but it won't make any decent difference when our wallet stolen, sometimes the thiefs are instantly send our assets to their wallet, so it will waste if we spend too much effort to take back our wallet. We better to prevent the lost or stolen rather than find way to recover it
Use paper or hardware wallets for storing your total portfolio amount, just keep the small and affordable amount on wallets which can be accessed anywhere from mobile for paying or to convert them into fiat. If you are using an exchange to store cryptos then follow all the safety measures like 2FA, login guards, unauthorized mobile access guards and much more.
legendary
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Imagine, someone lost crypto worth about $500 USD and he took legal action, reporting to police, had a lawyer and waited everything to be processed that took so much time and at the end he realized that he has lost more than the $500 cause he needed to pay the expenses during the search of his stolen money.
In some cases it's not necessarily about getting your money back, but about justice. I would gladly cover the legal expenses to see hacker/thief be forced to pay a hefty fine or be sent to prison to rot for a while.

It's not fair to have someone like that enjoy the money you worked for. If people were to ignore reporting small theft amounts it basically means that the thieves win and have even more incentive to steal only smaller amounts.
sr. member
Activity: 1274
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Imagine, someone lost crypto worth about $500 USD and he took legal action, reporting to police, had a lawyer and waited everything to be processed that took so much time and at the end he realized that he has lost more than the $500 cause he needed to pay the expenses during the search of his stolen money.
sr. member
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Actually there is no way to recover the lost crypto once it was stolen unless you find the person who steals from you and accesses his wallet and sends you funds back again.All the other tracing works or complaining to the exchanges won't give any chance to recover.

Those tips are quite helpful i think, but it won't make any decent difference when our wallet stolen, sometimes the thiefs are instantly send our assets to their wallet, so it will waste if we spend too much effort to take back our wallet. We better to prevent the lost or stolen rather than find way to recover it

Yes, if the funds have been sent to the hacker's wallet it will be difficult to return and we can only surrender what has happened.
True, your words prevent will be better compared with restoring, therefore we must be careful in storing assets in any wallet, if it has been stolen, it is difficult to return it compared to the funds in the frozen can be recovered.
sr. member
Activity: 980
Merit: 252
Actually there is no way to recover the lost crypto once it was stolen unless you find the person who steals from you and accesses his wallet and sends you funds back again.All the other tracing works or complaining to the exchanges won't give any chance to recover.

Those tips are quite helpful i think, but it won't make any decent difference when our wallet stolen, sometimes the thiefs are instantly send our assets to their wallet, so it will waste if we spend too much effort to take back our wallet. We better to prevent the lost or stolen rather than find way to recover it
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
Actually there is no way to recover the lost crypto once it was stolen unless you find the person who steals from you and accesses his wallet and sends you funds back again.All the other tracing works or complaining to the exchanges won't give any chance to recover.
member
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Cryptocurrency is generally deemed as pretty secure, but sometimes things do happen. Even top traders have had crypto assets lost or stolen and, until quite recently, it seemed like there was very little one could actually do about it. Thankfully, there are ways to get your cryptocurrency back. We’ll be looking at the top ways to recover your lost or stolen cryptocurrencies, and how to avoid going through something so traumatic in the first place!

https://www.youtube.com/watch?v=Um_r2_krsoI

Act as quickly as possible
Benjamin Sauter, a partner at Kobre & Kim law and an expert in crypto theft cases, told Decrypt, “The quicker you can act, the better,”. The longer you wait to start tracing your crypto, the more time you give thieves to transfer your assets to cold storage, send them to sketchy exchanges, or to tumblers to mix them up. “The more sophisticated you are, and the less sophisticated the thieves are at laundering the assets, the better chance you have,” Sauter continued.

If the funds are in an exchange, you’ll need to contact them and ask them to freeze your assets. This will buy you some time. Unfortunately, not all exchanges will comply so you may need to get a lawyer involved to throw their weight around and convince a court to order an issue for them to be frozen.

https://www.youtube.com/watch?v=jGQbLXeyJsM

Legality
For the legal system to actually work in your favor, you’ll likely need to know who stole your cryptocurrency. While you may be able to freeze funds against a John Doe, it’ll be challenging. According to Marc Jones, a partner at Stewarts Law in the United Kingdom, “In general, to enforce an order requiring fraudsters to pay damages or handover stolen property, ultimately you’ll need to know who they are.”

Thankfully, one of the many benefits of cryptocurrency is that you can see where the coins have gone. If they go through an exchange, you’ll most likely be able to find out who the wallet holder is thanks to the KYC process. From there, you can get a court order to reveal the thief’s identity and recover your stolen cryptocurrencies.

Recovering lost cryptocurrency from a cold wallet
The phenomenon of lost cryptocurrency isn’t a unique experience. In fact, the Wall Street Journal released a report that stated that lost cryptocurrency was actually extremely common. So much so, that up to 20% of all Bitcoins have been lost and are unrecoverable. Luckily, there are measures you can take to prevent this from happening.

Cold wallets are offline wallets that are designed for storing cryptocurrencies. With cold storage, the digital wallet is stored on a platform without internet connectivity. This protects the wallet from cyber hacks, unauthorized access, and other vulnerabilities that could be exploited if they were connected to the internet.

There are a number of different ways that you can recover from cold wallets:
- Encrypted Devices: Encrypted phones and laptops work like cold wallets, so that you can safely store and access your private key information. Like cold wallets, you can retrieve lost information through professional help.
- Paper Wallets: If you have a paper wallet, consider storing it in a vault or safety deposit box. That way, you’ll literally have a physical backup of your key information. This is a pretty old fashioned way of doing things, so maybe consider other options first.
- Pen Drives/Hard Drives: While this is a very secure way to store your coins, retrieving your data from them should they be damaged or corrupted is a timely and expensive process. You’ll definitely need a professional to do this.

ReclaimCrypto
Coinfirm is teaming up with global investigations firm Kroll, to launch a joint initiative called ReclaimCrypto. ReclaimCrypto combines the latest blockchain forensic techniques with the world of legal investigation and asset recovery. Pawel Kuskowski, CEO of Coinfirm told Coindesk:

“So far, there is no one place where victims can go and get help. It’s almost like they are pleading to get someone interested in their case. In the end, they have to work it out themselves; see about getting a lawyer, perhaps in some other jurisdictions.”

ReclaimCrypto aims to help in the recovery of stolen cryptocurrencies. You can submit an initial form with the data about your stolen coins, and ReclaimCrypto will do an assessment. You’ll only be charged a success fee on the crypto they recover for you, not for the initial assessment!

https://twitter.com/altcoinsara/status/1103436947865911296?lang=en

How to protect yourself
Now that we’ve looked at the top ways to recover your lost or stolen cryptocurrencies, you’re probably asking yourself how you can protect yourself against those scenarios. First off, consider dividing your assets into “cold” and “hot” wallets. The cold wallet should store the bulk of your funds, while you use the hot wallet for everyday transactions. Always make sure to keep your private keys secure, and consider using a multi-signature wallet. Protecting yourself from cryptocurrency theft and lost cryptocurrency is a vital step to ensuring the success of your portfolio, so make sure to take all of the necessary steps to ensure your safety.

eToro is the world’s leading social trading platform. Learn more at www.etoro.com.
Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework. Your capital is at risk.


https://www.etoro.com/blog/market-insights/top-5-ways-to-recover-your-stolen-or-lost-crypto/
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