How to get bitcoin back from scammers

While bitcoin may still come as news or a new discovery to many people, it forms a big part of Sam’s lifestyle. She is an ambitious investor and also an enthusiast when it comes to technology and innovation. She grew curious about bitcoin while exploring the profits and possibilities it brought its owners. Her drive was stimulated further when she managed to relate the keywords: Billionaire and Start-up more than once to bitcoin and blockchain technology.

After thorough analysis of the opportunities ahead of her, Sam rolled up her sleeves and 

made her first bitcoin investment with the plans for early retirement spiced up in the back of her mind. In time, our triumphant investor grew more confident in the flawlessness of her plan as she claimed a significant return from her investment. The following Saturday evening she realized her plan was vulnerable to beginner mistakes. Sam’s bitcoin wallet did not reflect a multi-digit number; an illicit activity had robbed Sam of her ambitions as well as her bitcoin fortune.

In a situation like this, you and Sam want to act quickly and wisely. Below are some of the best actions you can take for how to get bitcoin back from scammers.

Change your login details

You don’t want the criminal to maintain access to your account. The stolen funds are not the only assets to worry about; you may be expecting transactions, return on investment, or any sort of new income and as long as your credentials are in possession of the criminal, none of it will be safe. If you can still log in to your account, you can reset your password and other security credentials using the method available on your trading platform. This should prevent the crook from accessing the account.

Inform your provider

Cryptocurrency trading platforms and especially bigger and well-established bitcoin wallet providers have mechanisms to react to hacks and scams. While getting your assets back is not guaranteed by these mechanisms, your chances are higher while your purpose is in the best interest of your provider since they are more prepared and technically capable.

Hire an expert

The most straightforward approach to getting your money back from any thief is to identify them. You’ll need to know who the fraudsters are in order to compel them to return over stolen property by the force of the law. Thanks to blockchain technology, tracking bitcoin transactions has been made simple and available with the introduction of QLUE.

Using QLUE, you’re able to supply the law enforcement agencies with all the information they need to investigate the details related to the scam of your Bitcoin. This information includes:

• Timestamps of every transaction
• Public address belonging to the scammer
• Addresses to which the scammer may have sent your stolen Bitcoins.
• Full visibility over the transferred amounts in bitcoin and dollar values.

Then How to get bitcoin back from scammers?!