Due to the decentralized nature of crypto assets, transactions cannot be reversed; therefore lost or stolen funds cannot be recovered.
While your funds are stored on the blockchain, there are numerous ways scammers can trick people into providing access to their funds or hacked their devices. For this reason, we recommend that you please stop using the hacked wallet and setup up a new wallet using these steps.
We highly recommend that you read thisarticleon how to keep your wallet secure from hack.
Phishing links capitalize on stealing your secret phrasein form of 12 words, which is a key to your wallet. By knowing the 12-word scammers are able to access your wallet and steal your crypto. Remember there are numerous ways bad actors will try to steal your secret phrase, one of them through phishing websites that ask to enter the secret phrase.
REMEMBER: NEVER SHARE YOUR SECRET PHRASE
Step-by-step guide:
Go tohttp://whois.com/and insert the website’s URL into the field on the top right-hand side corner and press the search button
Go to the bottom of the page and find the Registrar abuse contact email
Write an email to the contact address with provided evidence or use the phone line Registrar abuse contact phoneto phone the security team
Make sure to provide detailed explanation of the issue and submit all the necessary evidence
Template message:
Dear Security team,
I have come across a phishing website that is harmful to the community and aims to steal funds. It is used for phishing sensitive data of the users and aimed to steal funds. Moreover, it is misleading the Patented data of the service and cloned it to mislead and scam the. I would like to report the following website: ( insert the URL of the website). Please, take down the following domain activity to prevent further loss of users' funds, ASAP.
Here is all the evidence provided:Provide evidence here
Could you please report and ban the following website as soon as possible as it is harmful to society. Thank you!
Kinds Regard,
FAQs
Don't click on any links or attachments from suspicious emails, text messages or social media. Don't feel pressured to invest quickly. Take your time to understand where your money is going.
How do I report a phishing scammer? ›
Let the company or person that was impersonated know about the phishing scheme. And report it to the FTC at FTC.gov/Complaint.
How can I recover my cryptocurrency from scammers without being scammed? ›
Document the scam, report it to authorities, and engage with blockchain forensic experts and retrieve services. Consulting with legal professionals can also aid in reclaiming your assets. Additionally, staying informed and vigilant can help protect you from future scams and safeguard your investments.
How do I report a trust wallet issue? ›
If you experience any issues, contact Trust Wallet (1-855-660-4156) support immediately and provide as much information as possible. Remember to always take security precautions to protect your wallet and funds.
Can you report a crypto scammer? ›
Regulatory agencies, such as your state's consumer protection office or the Consumer Protection Bureau, are the best places to contact if you suspect you've been the victim of a scam. Always do your research to ensure the crypto software wallet, crypto exchange, or app is trustworthy before signing up for it.
Can crypto scammers be prosecuted? ›
And through its Criminal Investigations Division, the IRS can pursue money-laundering crimes committed with cryptocurrency. Enforcement efforts by the SEC, CFTC, and IRS can also extend internationally to schemes that have violated U.S. laws.
What is the best crypto recovery service? ›
In summary, Praefortis represents a premier choice for crypto wallet recovery services, blending veteran-owned dedication, forensic expertise, and cutting-edge proprietary techniques with strict regulatory compliance and a commitment to confidentiality.
How to track down someone who scammed you? ›
Contact details. Even fake names, accounts, and spoofed emails and phone numbers can help investigators track down scammers. Conversations. Take screenshots of texts and social media messages — especially anything that may help identify the scammer.
Will Coinbase refund if scammed? ›
Coinbase typically does not offer refunds for scams +1-888-269-1560If you believe you've been scammed +1-888-269-1560, report the transaction to Coinbase's support team immediately +1-888-269-1560They will review the case, but recovery of funds is not guaranteed+1-888-269-1560Always use Coinbase only with trusted ...
Do I have to report trust wallet to IRS? ›
Trust Wallet transactions are treated as property for tax purposes, meaning any gains or losses from trades, sales, or exchanges must be reported to the IRS using Form 8949 and Schedule D.
If you suspect that your Trust Wallet has been compromised and that unauthorized transactions have taken place, you must act immediately: Create a New Wallet: As a first step, quickly create a new wallet and transfer all of your coins to it if the attacker hasn't already, delete the first one.
Can trust wallet freeze your assets? ›
As a secure self-custody crypto wallet, Trust Wallet allows you to take complete control of your crypto assets. That means no one can freeze your funds, halt your withdrawals, or take your funds without your permission.
Are crypto scammers ever caught? ›
In crypto, scammers like that there is no central bank to stop fraudulent transactions. However, after the victims report the scheme to law enforcement, it is easy to trace all of the scammer's activity and work to recover the funds.
How do you protect yourself if you think you have been scammed? ›
Here are some steps you can take to protect yourself:
- Tell your bank. They can:
- Check your credit report. Look for anything suspicious and get it rectified before it causes issues with your credit score. ...
- Register with Cifas.
- Speak to Action Fraud. ...
- Vishing. ...
- Phishing. ...
- Malware.
How to convince someone that you are not a scammer? ›
Once you know exactly how to convince someone (the right way), you'll be a better salesperson, entrepreneur, and/or professional.
- 1) Give them a chance to explain. ...
- 2) Match their reasoning. ...
- 3) Compliment their thought process. ...
- 4) Present the counter-argument. ...
- 5) Be Clear and Direct.
Which crypto to avoid? ›
Top Cryptos to avoid
Name of the Coin | Why It Should Be Avoided |
---|
Dogecoin (DOGE) | Lacks a competitive advantage, infinite supply, primarily used for tipping, making substantial price appreciation difficult. |
Hex (HEX) | Questionable claims of returns, lacks clear utility or revenue generation, making it a risky investment. |
4 more rowsApr 10, 2024