23 April 2022 2:15

I lost my BTC to a scam company. How can I recover it back

Can I get my bitcoin back if I was scammed?

Contact the bitcoin platform:

The first thing you need to do is contacting the trading platform where you lost your money. Not that you will get your funds back for sure, but there is still hope, and you can warn them that you will report to relevant financial authorities.

Can you reclaim lost bitcoin?

How Can I Recover Lost Bitcoin? There is no way to recover bitcoin that is truly lost. Some mistaken transactions have been refunded, but only when the counterparty personally knows the sender, which is infrequent. If a private key is lost, then bitcoin belonging to that key is unspendable.

Can police trace Bitcoin?

Although it is reported that most bitcoin transactions (98.9%) are not associated to criminal activity, the birth of cryptocurrency has provided individuals with new mediums to facilitate criminal activity. As a digital currency, there is no way to track or identify who is sending or receiving Bitcoin.

What can I do if I got scammed on Bitcoin?

More Resources

  1. If you think you’ve been the victim of a virtual currency scam, contact the CFTC at 866-366-2382 or submit a complaint online.
  2. You can also report cryptocurrency fraud to the FTC, the IC3 and the U.S. Securities and Exchange Commission.

How do I retrieve my bitcoin from blockchain?

Restore my wallet

  1. When you have downloaded the Bitcoin.com wallet, tap on the “+” symbol to the right of your bitcoin wallets.
  2. Now tap on “Import wallet”
  3. Enter your 12-word backup phrase and select the coin, BTC or BCH, for the wallet you want to import.
  4. Once you have entered all 12 words correctly, tap “Import”

How can I find my lost Bitcoins?

Unfortunately, there are no other viable solutions: lost bitcoins can be recovered only by restoring the wallet with the private keys of the public addresses where they are stored, if you have a backup, or by recreating a new wallet using the restore from seed or private key function.

Can you lose Bitcoin forever?

According to Chainalysis, about 25% of bitcoins are believed to be lost forever in this manner. An estimated 70% of those bitcoins come from early investors and miners. Based on Chainalysis data. If the user loses this key, they lose access to their wallet permanently.

What happens if I get scammed?

If you’ve been scammed, consider reporting the fraud to the police to see if they can take any action, as well as to your state consumer protection office. You can also report scams to the FTC. File a report online with the FTC, or by phone at (877) 382-4357.

Can I report a Bitcoin wallet?

Report Bitcoin Addresses

By reporting bitcoin addresses used by ransomware, you create a permanent public record of the attack.

How do I report a scammer?

The Federal Trade Commission (FTC) is the main agency that collects scam reports. Report the scam to the FTC online, or by phone at 1-877-382-4357 (9:00 AM – 8:00 PM, ET).

How can I get my money back after being scammed online?

Ask them to reverse the transaction and give you your money back. Did a scammer make an unauthorized transfer from your bank account? Contact your bank and tell them it was an unauthorized debit or withdrawal. Ask them to reverse the transaction and give you your money back.

How can I recover money from a scammer?

Contact your bank immediately to let them know what’s happened and ask if you can get a refund. Most banks should reimburse you if you’ve transferred money to someone because of a scam.