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Author Topic: How do I recover my stolen coin?  (Read 10739 times)

Offline frankky

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How do I recover my stolen coin?
« on: October 27, 2023, 08:31:59 AM »
How do I recover my stolen coin?

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How do I recover my stolen coin?
« on: October 27, 2023, 08:31:59 AM »

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Offline Spyroo

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Re: How do I recover my stolen coin?
« Reply #1 on: December 21, 2023, 06:42:24 AM »
How do I recover my stolen coin?
As far as I know stolen coins can never be recovered.You may not have securely stored the private key of the wallet that you kept in your wallet for which your coins were stolen or taken away.

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Re: How do I recover my stolen coin?
« Reply #2 on: December 21, 2023, 10:51:56 PM »
How do I recover my stolen coin?

You should give more details about what happened.

Anyway, blockchain transactions are irreversible and you can't recover your coins.

But you can  learn from your mistake.

Learn how to avoid phising, keep your coins out of exchanges and buy a hardware wallet. These are the most basic security measures.
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Re: How do I recover my stolen coin?
« Reply #3 on: December 21, 2023, 11:10:57 PM »
I believe that the only chance is if the stolen coins are sent to one of the KYC exchanges, but I guess it is a very complex process to prove everything. Any legal service will not block someone's funds just like that, without a request from the authorities.
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Re: How do I recover my stolen coin?
« Reply #4 on: January 11, 2024, 11:33:58 AM »
--snip--
Anyway, blockchain transactions are irreversible and you can't recover your coins.
--snip--

Some cryptocurrency and token are centralized though. If they receive order from authority, they must freeze or refund stolen money.
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Re: How do I recover my stolen coin?
« Reply #5 on: January 11, 2024, 09:40:18 PM »
--snip--
Anyway, blockchain transactions are irreversible and you can't recover your coins.
--snip--

Some cryptocurrency and token are centralized though. If they receive order from authority, they must freeze or refund stolen money.
Maybe the authorities will follow up if the case is big in the sense that the money is also in large amounts, say millions of dollars, and like this it will be complicated, we also have to use a lawyer if we want to report.

But has there been a case where the authorities successfully demanded that the centralized coin be frozen or returned to its owner?

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Re: How do I recover my stolen coin?
« Reply #6 on: January 11, 2024, 10:07:04 PM »

But has there been a case where the authorities successfully demanded that the centralized coin be frozen or returned to its owner?

Tether freeze coins all the time. Specially big exchange hacks

Examples
https://cryptoslate.com/tether-has-frozen-435m-usdt-for-u-s-doj-fbi-and-secret-service/
https://dailycoin.com/how-tethers-225m-freeze-rebuts-cryptos-hidden-money-tag/
« Last Edit: January 11, 2024, 10:14:57 PM by bitmover »
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Re: How do I recover my stolen coin?
« Reply #6 on: January 11, 2024, 10:07:04 PM »


Offline ABCbits

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Re: How do I recover my stolen coin?
« Reply #7 on: January 12, 2024, 10:25:45 AM »
Some cryptocurrency and token are centralized though. If they receive order from authority, they must freeze or refund stolen money.
Maybe the authorities will follow up if the case is big in the sense that the money is also in large amounts, say millions of dollars, and like this it will be complicated, we also have to use a lawyer if we want to report.

Yeah, report process definitely complicated and costly. But it might be wort

But has there been a case where the authorities successfully demanded that the centralized coin be frozen or returned to its owner?

Aside from tether, Circle (creator of USDC) also did that in past.

https://www.coindesk.com/markets/2020/07/08/circle-confirms-freezing-100k-in-usdc-at-law-enforcements-request/
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Re: How do I recover my stolen coin?
« Reply #8 on: January 16, 2024, 10:25:34 AM »
How do I recover my stolen coin?
You can't recover the stolen coins and that's the worst thing we have to understand. Although, crypto-currencies are very useful but those people who don't really know much about security measures like keeping their private keys and seed phrases secret often get hacked by the ones who get access to the private keys and seed phrases.

Most of the crypto transactions are irreversible and once someone sends coins from one wallet to other then it's close to impossible to get those coins back. In your case the coins were stolen by someone so it's totally impossible to reverse or get those coins again.
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Re: How do I recover my stolen coin?
« Reply #9 on: January 17, 2024, 10:37:58 PM »
How do I recover my stolen coin?
It can't  be recover if it's related to blockchain  but if you are using a custodial wallet  you can report  and maybe a freez could be issued on such account .
However, do you know you can avoid this dramas by being more security  conscious on link's and downloads and the most important is using a non custodial  wallet it's  free from third parties and its provides more security.
Furthermore, you need to be very sure of the kind of exchange parties to choose while buying, selling and swapping of your not to be a scam one and to check their  reviews  of previous swaps  from people if it's  positive.

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Re: How do I recover my stolen coin?
« Reply #10 on: January 17, 2024, 11:15:56 PM »
How do I recover my stolen coin?
so sorry to hear that. The first thing we probably need to know is what coins were lost or stolen or in the wrong wallet. then to the wallet what you sent, whether it is a personal wallet or CEX. because if it goes to someone's personal wallet, especially online wallet and we can't complain about it to their support, that's it. because we don't even know who the owner of the wallet is.

but also certain platforms where the platform can find out the owner of the ball, in this case usually a centralized platform, then there is a possibility that we can get it back. but of course there must be a process that we need to do and maybe it won't be short and easy. What is clear is that we must first contact the platform's support contact and provide evidence. This may take time and we need our patience and patience to contact their CS. longer, maybe this is not very guaranteed but it is worth trying.

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Re: How do I recover my stolen coin?
« Reply #11 on: January 17, 2024, 11:59:33 PM »
How do I recover my stolen coin?
It can't  be recover if it's related to blockchain  but if you are using a custodial wallet  you can report  and maybe a freez could be issued on such account .
However, do you know you can avoid this dramas by being more security  conscious on link's and downloads and the most important is using a non custodial  wallet it's  free from third parties and its provides more security.
Furthermore, you need to be very sure of the kind of exchange parties to choose while buying, selling and swapping of your not to be a scam one and to check their  reviews  of previous swaps  from people if it's  positive.
What you say is correct because so far cryptocurrency wallets are very at risk of theft cases so the key phrase provided by the wallet provider must be properly guarded because when the phrase has been leaked and the wallet is connected to several sites to participate in airdrops or other things then there is a big possibility that the wallet The amount you use will be used up someday, so stay alert when you have a cryptocurrency wallet and do your best not to connect to dangerous sites.

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Re: How do I recover my stolen coin?
« Reply #12 on: January 18, 2024, 07:18:21 PM »
How do I recover my stolen coin?

Sorry, I have to disappoint you, but there is actually NO WAY :(
The only option is that you know the person who stole and you can influence him.
The other options are impossible, and that's the peculiarities of blockchain technology. Decentralization - has its pros and cons, and the transaction cannot be reversed or returned, like in centralized banking systems. Sorry if I upset you, but this is the reality

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Re: How do I recover my stolen coin?
« Reply #13 on: January 18, 2024, 09:49:16 PM »
Your information is so short; if you really need help recovering your stolen funds, you need to uncover more details as to how your funds got stolen in the first place. There are different ways in which a crypto enthusiast can lose their coin; one of the most common is to misplace their private key or secret phrase. If you know that your wallet was hacked and an asset got moved to a different wallet that doesn't belong to you, there is no possibility of regaining your asset.

My advice is for you to tighten up your security and make it paramount, because that's what assures the safety of your crypto asset.

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Re: How do I recover my stolen coin?
« Reply #14 on: January 18, 2024, 11:15:48 PM »
there is no possibility of getting it back, because it will be difficult to recover what has been lost, and try to remember, have you ever linked your wallet to a phishing site?
Honestly, I have experienced loss, there is nothing I can do when my coins move to another wallet,
The only way is to forget the wallet and create a new wallet and be very careful not to link to any site

 

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