Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: frankky on October 27, 2023, 08:31:59 AM
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How do I recover my stolen coin?
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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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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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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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--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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--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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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/
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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/ (https://www.coindesk.com/markets/2020/07/08/circle-confirms-freezing-100k-in-usdc-at-law-enforcements-request/)
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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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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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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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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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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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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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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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How do I recover my stolen coin?
When your coin has gone, you won't has the chance to recover it. You only expect that the person who stole the coin will send back your coin. But it is impossible.
Anyway, how can your coin be stolen? Where you keep your coin?
If you put your coin in CEX wallet, you can ask to CS of the CEX. They may give you a solution.
But if it is in your private wallet, I think you will have no chance to get back the coin and will be no solution.
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If the language is stolen then usually the wood will definitely be sent to a personal wallet and will not be possible to a Wallet exchange. So we have no chance of recovering or getting the coins back. unless we have the wrong address and the wallet is an exchange wallet or a certain platform where we can contact the platform's support contact.
That's why we always have to be alert and careful about all possibilities so that we can avoid losing our assets. It is necessary to maintain privacy and also be careful and not be easily tempted to click on a phishing link or other things that lead to a hack or scam.
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Anyway, how can your coin be stolen? Where you keep your coin?
If you put your coin in CEX wallet, you can ask to CS of the CEX. They may give you a solution.
But if it is in your private wallet, I think you will have no chance to get back the coin and will be no solution.
First,we should be careful with wallet , always protect your wallet from Scammers.
Looks like he lost the coin when he had it in personal wallet like Metamask, Trustwallet, Safepal or Electrum Wallet.
If he loses Z coins because of the wrong transfer to CEX where in CEX there is no Coin Z, maybe he also doesn't make a topic like this.
In my opinion, if a Z coin has been stolen by a scammers then there is no other way because the coin has run away somewhere and it is definitely sent by the scammers to various wallets.
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Misplaced is different from being stolen. If your coin was stolen from you there more likely no way to recover it especially if you are using personal wallet. We have to remember this, "Not you keys not your coins", and also we have to make sure that our devices are secured. Since our money is involved we should responsible and make sure the funds are safe.
If you want to safely store your crypto, this site will help you: How to Store Cryptocurrency (https://www.investopedia.com/how-to-store-cryptocurrency-7500942)
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Misplaced is different from being stolen. If your coin was stolen from you there more likely no way to recover it especially if you are using personal wallet. We have to remember this, "Not you keys not your coins", and also we have to make sure that our devices are secured. Since our money is involved we should responsible and make sure the funds are safe.
If you want to safely store your crypto, this site will help you: How to Store Cryptocurrency (https://www.investopedia.com/how-to-store-cryptocurrency-7500942)
Well you can still misplace your keys which can lead people to actually steal the coins from you but in all I think the OP needs to give proper explanation to the question drop so as to let people know what to do about the matter because it's not just easy to actually steal someone coins without the person leaking out some vital things that would be needed for this to happen. I think these kind of stories of stolen coins normally happen to crypto newbie who are unaware of the risk involved in one being reckless with their keys or pass phrase.
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Misplaced is different from being stolen. If your coin was stolen from you there more likely no way to recover it especially if you are using personal wallet.
I get your point here but what's the word "personal wallet"???, it shouldn't be limited to only non custodial Walslets but also custodial as everyone own a personal wallet but you can talk of it in more advance way using the word CW and NCW .
And a misplaced wallet phrase to a different or an untrusted hand could also lead to a stolen coin but that's from a different perspection as you've said
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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.
At crypto space, we can recover stolen coin.
It's really difficult.
So, we should keep our private key, password or seed.
Be careful to safe those.
Crypto is the future technology that make us do transaction in privacy, not like bank.
We can ask help bank to recover our money, but not in crypto.
It's impossible
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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.
At crypto space, we can recover stolen coin.
It's really difficult.
So, we should keep our private key, password or seed.
Be careful to safe those.
Crypto is the future technology that make us do transaction in privacy, not like bank.
We can ask help bank to recover our money, but not in crypto.
It's impossible
If cryptocurrency is stolen, it is impossible to return it. Crypto transactions are irreversible, which means that once a transaction is completed, it is very difficult to cancel or reverse it. Due to the decentralized nature of blockchain, there is no central party or authority that can undo transactions or return digital assets.
It is important to always maintain the security of your crypto wallet and take precautions to protect your private key or recovery phrase. Some preventive measures involve using secure hardware wallets, using two-factor authentication (2FA), and keeping personal information confidential.
If you become a victim of crypto theft, it is best to report it to the authorities and the exchange where you store your digital assets. However, returns are not guaranteed and depend on the policies of the exchange or crypto service in question. Therefore, good precautions and security are essential in the crypto environment.
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If cryptocurrency is stolen, it is impossible to return it. Crypto transactions are irreversible, which means that once a transaction is completed, it is very difficult to cancel or reverse it. Due to the decentralized nature of blockchain, there is no central party or authority that can undo transactions or return digital assets.
It is important to always maintain the security of your crypto wallet and take precautions to protect your private key or recovery phrase. Some preventive measures involve using secure hardware wallets, using two-factor authentication (2FA), and keeping personal information confidential.
If you become a victim of crypto theft, it is best to report it to the authorities and the exchange where you store your digital assets. However, returns are not guaranteed and depend on the policies of the exchange or crypto service in question. Therefore, good precautions and security are essential in the crypto environment.
The point you mentioned is very correct because, so far, the security of the private key cryptocurrency assets that you have has been compromised. When the private key is shared, it will endanger the wallet that you have. Meanwhile, if you store it on an exchange, the same thing often happens because hacks occurred several years ago. Major exchanges were also hit by hacks, so remain careful when you store any assets in the form of cryptocurrency.
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If cryptocurrency is stolen, it is impossible to return it. Crypto transactions are irreversible, which means that once a transaction is completed, it is very difficult to cancel or reverse it. Due to the decentralized nature of blockchain, there is no central party or authority that can undo transactions or return digital assets.
It is important to always maintain the security of your crypto wallet and take precautions to protect your private key or recovery phrase. Some preventive measures involve using secure hardware wallets, using two-factor authentication (2FA), and keeping personal information confidential.
If you become a victim of crypto theft, it is best to report it to the authorities and the exchange where you store your digital assets. However, returns are not guaranteed and depend on the policies of the exchange or crypto service in question. Therefore, good precautions and security are essential in the crypto environment.
The point you mentioned is very correct because, so far, the security of the private key cryptocurrency assets that you have has been compromised. When the private key is shared, it will endanger the wallet that you have. Meanwhile, if you store it on an exchange, the same thing often happens because hacks occurred several years ago. Major exchanges were also hit by hacks, so remain careful when you store any assets in the form of cryptocurrency.
KYC is a practice implemented by various financial projects or platforms to identify and verify the identity of their users. Even though KYC has a good purpose, namely to prevent misuse and illegal activities such as money laundering, there are several concerns and considerations related to the implementation of KYC. There is a risk that the data collected for KYC can be misused by irresponsible parties or that security breaches can occur. result in unauthorized access to personal information. Some users may be concerned that, after providing their KYC information, the project or platform will not fulfill its obligations or may cease operations without notice, leaving their personal data vulnerable.
To be honest, some users may prefer to use services or projects that do not require KYC. However, this can also open the door to illegal activities if there are no adequate security mechanisms in place.
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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.
In cryptocurrency ecosystem I don't think it is possible for someone to recover funds or coins tht have been stolen because it is a decentralized system where by you can't trace to anyone and only end at the wallet balance and you won't know who own the coins. Because there is no bio data found in the wallet. Therefore if coins are stolen then that is gone unless you know the person.
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In cryptocurrency ecosystem I don't think it is possible for someone to recover funds or coins tht have been stolen because it is a decentralized system where by you can't trace to anyone and only end at the wallet balance and you won't know who own the coins. Because there is no bio data found in the wallet. Therefore if coins are stolen then that is gone unless you know the person.
Yeah, That's true.
We can't recover our stolen coin.
Not easy to do, and we know we can track our coin in wallet will go,
But crypto is anonymous.
No one didn't know, who is the owner of the wallet.
Forget it.
better to buy again and invest.
It's impossible to recover it..
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How do I recover my stolen coin?
what you mean recover your stolen wallet ??
hackered or you lose your private key and seed phrase.
Be careful mate, always keep you private key and seed.
If you coins has been stolen , I think no way to restore it.
It's really difficult.
~snip~
Learn how to avoid phising, keep your coins out of exchanges and buy a hardware wallet. These are the most basic security measures.
Good opinion, I agree we should avoid pishing, don't put assets in exchange wallet for along time and choose the secure wallet.
Always be careful in crypto world.
Because it's about fund.
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In cryptocurrency ecosystem I don't think it is possible for someone to recover funds or coins tht have been stolen because it is a decentralized system where by you can't trace to anyone and only end at the wallet balance and you won't know who own the coins. Because there is no bio data found in the wallet. Therefore if coins are stolen then that is gone unless you know the person.
That's why it's made in such a way to prevent theft, but once again, no matter how good the system is, if it's not used very carefully, it's useless.Everything is returned to the individual because negligence starts with individuals who cannot protect what should be known to themselves but can be known by others. If it's lost, then it's the same as if we throw something in a river and we don't know who will take it other than the person who got it and will give it back willingly, but is it still like that? A thief will not admit it.
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Good opinion, I agree we should avoid pishing, don't put assets in exchange wallet for along time and choose the secure wallet.
Always be careful in crypto world.
Because it's about fund.
Probably avoiding clicking unnecessary and unverified links , installing free softwares, downloading bntested and unverified apps could help with staying away from phishing. Besides, phishing still requires information so probably avoiding filling unnecessary forms and signups could help too
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Op asked a random question and disappeared. and now everyone giving their suggestions. most of them are the same that it is not possible to recover the funds.
I don't think OP is following this thread anymore. and I don't think Op should have asked this question like that without giving any exact details how his money are stolen.
In most cases it is not possible to recover them but sometime it is possible by the help of exchanges, and law enforcement agencies.
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How do I recover my stolen coin?
Stolen means your account address was hacked, so you lost your coins. In such a scenario, don't expect it to come back to you. The only thing we can do in such a situation is to learn a lesson.
I have never heard of a crypto enthusiast who stole crypto being able to recover it unless the hacker who stole your coins consented to return it to you, but no hacker has done that in the history of the crypto industry market.
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How do I recover my stolen coin?
Is there really a way to recover funds in an irreversible transaction? Yes if the thief uses lowest priority and if transaction fee is way too high, you can cancel it by risking more funds to cover fees this way you may have your coins back. Unfortunately, this scenario has the slightest chance to not being possible as hackers will make it as fast as they can to get your funds out of your wallet.
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Op asked a random question and disappeared. and now everyone giving their suggestions. most of them are the same that it is not possible to recover the funds.
I don't think OP is following this thread anymore. and I don't think Op should have asked this question like that without giving any exact details how his money are stolen.
In most cases it is not possible to recover them but sometime it is possible by the help of exchanges, and law enforcement agencies.
- There is nothing we can do about that, and at least there are those who have participated in the topic that he is doing, I think that the answers of others here, have helped the knowledge of others who have read the suggestions that the community members made on this platform, right?
At least the important thing is that we were able to give our opinions because the others, for sure, don't know if they will be recovered or not.
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Op asked a random question and disappeared. and now everyone giving their suggestions. most of them are the same that it is not possible to recover the funds.
I don't think OP is following this thread anymore. and I don't think Op should have asked this question like that without giving any exact details how his money are stolen.
In most cases it is not possible to recover them but sometime it is possible by the help of exchanges, and law enforcement agencies.
Maybe he read our response and knows that he can't recover his funds now.
As we all know that crypto transaction is irreversible. Although this is one of it's strongest point, however, for some who are not that careful, it could be the worst and it's going to be a disaster for them.
So what we should do is to really be careful of our crypto as thieves and hackers are everywhere here.
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In cryptocurrency ecosystem I don't think it is possible for someone to recover funds or coins tht have been stolen because it is a decentralized system where by you can't trace to anyone and only end at the wallet balance and you won't know who own the coins. Because there is no bio data found in the wallet. Therefore if coins are stolen then that is gone unless you know the person.
In op's case he may not get it back but cryptocurrency can be stolen and returned. Ethical hackers hack for a living or should I say hack for fun and they do return their loot. Below are examples of such cases where stolen funds were returned.
https://www.google.com/amp/s/www.cnbc.com/amp/2021/08/23/poly-network-hacker-returns-remaining-cryptocurrency.html
https://www.investopedia.com/news/coindash-hacker-returned-20000-stolen-ether-worth-17-million