What You Should Know About Cryptocurrency Scams

The term “crypto frauds” is well known. In fact, one of the leading causes of people’s skepticism toward virtual money is digital currency frauds. Although the question “Is cryptocurrency a scam?” pops up frequently, there’s no need to assume that all cryptocurrencies are fraudulent.

Nonetheless, it is undeniable that there are more scams involving cryptocurrencies than ever before. Since 2020, losses related to cryptocurrency crime have climbed by 79%. Cryptocurrency scams are the category of cybercrime that is expanding the fastest, according to the FBI.

In 2021, over half of the $680 million lost to bitcoin scams was taken from clients in the first few months of 2022. The end of 2022 should show rapidly increasing crypto crime rates.

Our Recovery Reports

Aggressive Manner

If the people you are dealing with won’t leave you alone, it could be a sign of a crypto scam. Legitimate businesses don't have to appear overly eager to get customers or clients.

They Demand Sensitive Information

Asking for your cryptographic keys or codes is never a good sign. Another unnecessary but extremely sensitive request made by a crypto scammer is for your Social Security number.

Vague Terms and Conditions

You shouldn't trust a company or exchange if they aren't upfront about their return, warranty, and deposit and withdrawal policies. Look for and thoroughly read the terms and conditions on the website.

Main Components of a Crypto Recovery Report

Our services entail strategic planning, documents for police and regulators, maps and charts of crypto transactions, critical information about suspicious crypto wallets, and detailed conclusions from our crypto fraud investigation.

To find your money on the blockchain or to look into potential suspects behind bitcoin scams or other crypto scams, the authorities might not have the means or the technology to do so. To enable the government to take the necessary steps to enable bitcoin recovery, we carry out labor-intensive investigative work and produce comprehensive recovery reports.

How Do We Create a Crypto Recovery Report?

We begin by asking our clients for information and supporting materials that can help us identify the owner of the bitcoin scam-related crypto wallet. Then, we employ specialist technology for crypto fraud research, such as advanced data attribution, proprietary clustering algorithms, analytics, and tracking tools for numerous cryptocurrencies.

In addition to applying state-of-the-art software and apps, our experts use: private databases with detailed data from thousands of previous cases and advanced crypto forensics methods.

After the investigation is complete and the data has been gathered, we produce a crypto recovery report with our findings and guidance for clients on how to present the recovery report to law enforcement and cryptocurrency exchanges.

Do You Have a Complex Dispute?

Did you pay with a credit card or debit card, bank wire, or cryptocurrency and got scammed? Let’s get your money back!

Fight Back Against Bitcoin Scams with a Crypto Recovery Report. AML CBB Professionals Can Help!

Experts from AML CBB have a great deal of experience, tried-and-true techniques, and state-of-the-art databases, software, and applications. We are familiar with the complexities of the crypto tracking process and collaborate with regulators and law enforcement organizations. We’ll equip you with a cryptocurrency report that produces outcomes.

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Disclaimer

AML CBB provides free consultations. Chargeback and other fund recovery programs contracted thereafter are subject to retainers, fees and/or commissions depending on the individual case history and the type of service selected. AML CBB does not offer any financial investments or advice. AML CBB is an associate member of the British Bankers Association (BBA) and the Financial Services Complaints Ltd of Australia, FP Canada, Central Bank of Bahrain, Central Bank of Kuwait, Dubai Financial Services Authoritity. AML CBB LLP does not provide services to residents of Iran, Iraq, Israel. AML CBB regards phishing and spoofing attempts against our clients very seriously. We advise you to verify that the email you receive from AML CBB is indeed sent from aml-cbb.com. If you are sent any type of communication carrying our name that looks suspicious, please forward a copy to us at support@aml-cbb.com .

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