Bitcoin Forum

hello all,how are u all,
a friend was scammed of a huge amount of btc,and i want to know if one can retract a btc already in another wallet,thank u

the only thing you can trace is the transactions. you can see them on the blockchain to see where the money is going. what you can't do is to telling who does those addresses (that are receiving the funds) belong to.
you can also use walletexplorer or one of the paid "blockchain analysis" services. but don't get your hopes up.

and no, you can not "retract" bitcoin if you have already sent it and the transaction is confirmed. there is no charge back or undo button in bitcoin.

Like what earlier poster have said that's is the only thing you can do as even if it moves from there to about 500 other accounts you will trace it but unfortunately if the scammer sent it to a mixer, that will be the end as the input and output will be from different addresses. This is the issue about bitcoin, the moment it leaves your wallet whether knowingly or not, its never coming back only if you have the control but in this case that has been lost.

It's possible to track it on the blockchain system by entering the wallet code or tx code. If the scammer uses a bitcoin mixer, it won't be possible to track it. The bitcoins will be divided into many groups. And tracking it doesn't give you any benefit honestly.

Transactions can be traced but getting back your money? I don't think so, this is the major con of bitcoin from paper currency. Because it is not governed by laws that make people afraid of scamming other people. Unlike in fiat that every transaction happens personally or by banks. Which makes it easier to get back what you lost and make the culprits pay for whatever they did to you. Tell your friend to just light a candle and cry over it for a night and get over it the next day.

You can track it, yes but anything more than that is pointless. You should already know that bitcoin transactions are irreversible. So the only hope you have getting back your money is if the scammer, by some miracle, decided to send it back to you.

only can track transaction and maybe it is impossible to see where it go, at least if he sell on some market you can see from cold wallet address ( i never see it yet ) you might be know in what exchange that coin go

You can see the transaction in the explorer, where the money is going etc but you can't take the money back. It's gone once you lost the control over the wallet. So better move on and try to recoup that lose.

Biggest mistake in crypto is that there is no "cancel" after transaction is done.
You can trace, you can even find the IP of wallet but that is all you can do.

I heard this from one of the support team of Paxful when I
got scammed.

They traced the IP and transaction. Turns out it was a big time scammer.
They froze the other accounts and awarded me the btc.

Not sure with the specifics but that's how they said it when I asked for details.

No it is almost impossible to track down bitcoin transactions if the one who have stole it haven't left any digital footprint by mistake. Bitcoin provides anonymity but sometimes this feature makes its perfect tool for hackers and scammers.

The only thing we can trace is where all those bitcoin ended up also this can't be accurate always.

Just can watch the transaction happening between end users. Here we cannot do anything until the concern person thinks of return it to us. I got encountered the same problem, but was not able to do anything even after I have the access watching the movement of bitcoin from one btc address to the other.

Yes, it can be visibly seen in the blockchain and track the movement of your friends' stolen coin. However, you can't do anything or recover it. They can just used a a tumbler or mixing service then transfer it to another wallet without a trace. Unless you hire a blockchain forensic like ChainAnalysis but you will need to shoulder the payment and I bet its not cheap. I think this is the software that IRS is using to track individual who doesn't pay their taxes. Sorry to break the bad news, but you can't get your friend's bitcoin back.

Of course you can trace the stolen bitcoin, but it is 110% impossible to recovery them. At the end bitcoins will be sented to an exchanger and converted into real cash. That is the biggest disadvantage of bitcoin, but in the same time is an advantage for some of us. When you consider using Bitcoin you got to take is the advantages but also the disadvantages.

Ah man that sucks, sorry for your friend!

As others have already posted, you can only track where it has been sent, although, that is not enough to even find the person who stole your Bitcoin. Stolen BTC cannot be retracted if stolen, unfortunately.

A similar case with yours had appeared a few days ago, but as I mentioned before, not much can be done for your assistance.

As you know bitcoins from mtgox were tracked to btc-e so stolen money possibly can be found but it depends on the amount and other details. I think your friend can get his bitcoins back only if the amount is big and scamer will be in the same jurisdiction.

Yes to a certain extent you can trace stolen bitcoin, there are forensic tools available that will allow you to trace the money flow. People think bitcoin is anonymous but it's really not. Especially for the guy who used the dark web and thought they were immune it showed they can get caught.

Thats why alt coins like xvg or pivx in my opinion are going to be important, privacy is gonna be huge in future.

You cannot retract BTC and you cannot really trace it if the thief knows what he is doing. Sorry for the bad news.

it is possible to trace but there is nothing to do, there is no way to Bring that Coin back.

It's too hard to track stolen Bitcoin, especially nowadays. He has probably put it through a mixer a couple of times and when you just track the address it's empty.

Keep your bitcoin safer next time and use hardware wallets as they are almost impossible to crack.

can you put the transaction IDx, i will show you a trick that let you keep your eyes on the stoled coins

there no refund in bitcoin its possible but nearly impossible to get back your friends bitcoin
you can just track where the bitcoin will go using blockchain and walletexplorer
if they send bitcoin to the exchange you can try to contact the exchange same with the other platform  but it will be hard to get reply

The only one can trace transaction that could have an issue on regards to transaction is the one who have manage to transact. Because if you are going to deal with transaction you are capable on seeing the transaction through block chain and if fail to success you could check in the blockchain.

it could be if they had the quail
but if not certain it will not be
the most important is how we use it
do not get careless, because from here the problem will start when you are careless and dirty in using it

Of course you can, but it is a really hard job, and if the stealer is smart, It would be almost impossible to track them

First off, your title is not in sync with your main thread's OP. Tracing is quite different from reversing a transaction. Anyway I would just answer both.

First, tracing stolen BTC. It is possible, however it will be hard depending on the skill of the scammer. If he would be using tumblers and mixers, then you would definitely have a hard time tracing where your funds went to. Especially if the mixer does not cooperate in case an investigation asks them for the logs of the transactions, which of course will not be released since that is against what a mixer really is.

Second, retracting or reversing a transaction. The very feature of bitcoins is it being irreversible. If it was easily reversed then that would mean a lot of transactions will just definitely disappear and that would also mean it will be an unreliable system. Since there is no central government to bitcoins, there would be no mediator in case of a dispute and someone wants to reverse a transaction.

This is the problem once the wallet has been hacked we cannot refund our hard earned money. Only we can see the history of a transaction in the blockchain. The very important thing to do is to secure your wallet and never share your private keys and other details just to be safe.

Well, You cannot.
It is really hard to trace who stolled the Bitcoins from your friend, Well there is one way but it will not help you at all, You can trace the transactions from the first one to the last where the Bitcoins will stop, It will not help because it can be sent to many users or it can be used to purchase something or it could be sent to exchange.

I do not think so, because usually the bitcoin wallet is tightly closed using a complicated key address, but you can see the transactions that occur in the wallet

You can trace your transaction but you cannot trace the person behind or responsible of it. It is very important to secure your password and your smart phone and desktop wherein you are capable of any transaction to secure your BTC at all times.

must feel like sh** watching your money get spent, live, while there is nothing you can do to stop it

I agree with you it is impossible to track your accounts otherwise the only eay to track your accounts if youre spreading your password to your friend or bestfriend but many pro hacker now can hack your accouny so keepsafe and make sure your password is safe.

You can't trace the person for sure. But you may not trace the transactions as well. If that scammer gets monero, and you can never follow monero blockchain's transaction list. It's not visible. You will have to say good bye to your lost money.

Correct there are no tools yet to recover all the transaction made in bitcoin and make sure all your bitcoin wallet has private key for security purposes, just be careful next time on doing transaction double check it before you send your fund and also make sure that you been transact in the trusted person or site or company.

Nice.

Do you have more input about how you made this happen?

That scammer must have been really stupid. He should have withdrawn the Bitcoin a long time before instead of leaving it in his Paxful account. :D

Oh my! I am afraid this won't be traced as to who really the culprit was. You can trace the transaction because it is available in the blockchain records but it might be up to that only. Unless perhaps this scamming involves several millions of dollars that the international police cyber experts will help. But if it only involves several BTC then, there is only one option left. To appeal to the one who did this stupid scamming. But I doubt if this person will turn out to be someone merciful.

the only one thing left when you trying to track the scammer is the transaction id or hash id. but if you want to know if either to whom is that btc wallet, its totally impossible because of its anonymous identity unless, like in our country, our btc wallet here has a feature of whole personal info of our identity, so they can track the person who scam/stole your btc by the help of wallet admin provider.

It is possible to track stolen BTC, and we have two examples for this. First, when Tomáš Jiřikovský stole the coins from Sheep Marketpklace, a few of the victims tracked his transactions and in the end that led to his arrest. And second instance was with the Mt Gox robbery. The coins were traced to BTC-e accounts owned by Alexander Vinnik, and this was one of the reasons behind his arrest this year.

No, you can not trace. Unless the users are not careful, maybe there is a small possibility that you can know who is the owner of that address but in most cases, it is hard to know who steal that amount of bitcoin. Moreover, there are many bitcoin mixer around and the thief can use those services to hide their bitcoin easily

You could track it by using the TXID but you could never take it back, because first, you never knew who you were talking to, second, it is already been stolen, so, begging to give it back to you is not going to work, it is an easy money to them, all you can do is to learn from your mistake and move on.

It maybe hard at first, however, accepting it will make you feel more better, there is a lot of ways on how you could take that back what you have lost(not literally), I mean by doing something more legit and safe will do.

Yeah that's true! no one ever get there stolen bitcoin before even to those victim of wannacry virus the ransomeware worm that attack many computer all over the world and they don't even caught until now, so it is very difficult then to trace scammed bitcoin, just be very careful then on every transaction you made on internet because no one is safe in digital world, anyone can be a victim here.

Yes, bitcoin can be traced, I’ve always known that, but not to the extent that it can lead to an arrest. Very good to know that the evil people can at least be traced, thanks for sharing this examples. This also shows that bitcoin is much better than Ethereum, because Ethereum can’t be traced like that.

Yes you can trace it. With Blockchain info as long as you know the wallet address you will find it. You just have to copy the address that came with bitcoins. And paste it in the search box on the blockchain you will see all its transactions. It's bad you can not get it back. I only hope that you will know which country and who is responsible for it. Many of these issues are no longer resolved and of course they have not recovered the stolen ones. So now tell your friend that he is careful about keeping his bitcoins. Be responsible for not repeating the incident anymore

What on Earth makes you think that the hacker wouldn't hide such info? If someone can make a transaction from your wallet into his, I think he will be also capable of removing his records. Even somehow we trace the person; the chances are low that he still has bitcoins.

I would like to say that consider those coins are lots forever since tracing or making those coins come back would be really impossible knowing that bitcoin do have irreversible transactions which means if its confirmed then theres no chance to cancel or take those money back.You can trace up the transaction on where those funds been transfered but talking on the owner of that address is impossible.

aw i am so sorry about your friend mate i hope he will recover his losses well unfortunately you can't reclaim your bitcoins in the another address it's not like bank or paypal that can recharge you back all you can do is to watch and trace the bitcoins and where it will sent to. so tell your friend next time be cautious on who will transact with.

Stolen BTC can't be tracked on the blockchain it will not get money back for the owner and we can't identify who stole your BTC. Using Bitcoin could hide your identity from others. You should secure your wallet carefully then link to your email to know who was trying to access your wallet.

I think that we can trace a stollen bitcoin but it is very hard for us to do that. And if the owner decides to use bitcoin mixer, we will have no chance to trace it anymore. Bitcoin mixing is one of the greatest inventions here and I do think that It can stop people from following other people's wallet

Well chainanalysis proved with the mtgox-btce case that even mixed coins can be traced. It's hard to do but it can be done.

My recommendation for OP is to explain everything to the police, because they might have the means.

May be it is possible in the future but not in this day. Because there is no such software to give you the guarantee of tracing your lost coins. As you mentioned that you can only trace your transaction and do not know who the receiver is, I suggest that there should be a program which can stop illegal transaction. By this way I think your bitcoin will be safe and no one will hack and steal them.

Yes, it is possible to trace the stolen bitcoin from your wallet, just go to the transaction list and you can see the bitcoin transaction hash with the information of the hacker bitcoin wallet address. But if the hacker decided to use a bitcoin mixer service, it would be difficult for you to track down the transaction.

Yes it is very hard,but possible,one can trace every transaction and then therefore connect to the suspect

It is possible to track transaction in the blockchain, BUT and it it a big but, You can never know if the coins are still owned by the person who stole them, or if he has already sold them.

Any transfer can be a transfer to a new owners address, or transfer between the same owners addresses. How could you know?

It is possible to sell bitcoins outside of exchanges too. Eg. in localbitcoins or net forums. 

You can check it, yes but there is more than that is useless. You should already know the bitcoin transaction can not be sued anymore. So your only hope of returning your money is a scammer, with a miracle, deciding to send it back to you.

To be honest we can't. Though, if you could only knew who has the motive to that then you could track his IP address but if none then it's better to move on. This is one of the advantages and disadvantages of this world. Since it's being decentralized some take advantage in it to transact without the government noticing it and to do illegal stuffs. But for your friend his/her money is long gone. Millions are transacting every day and your chances if recovering the loss BTC is unimaginable.

Sad to know that my friend maybe the transaction they have by the thief will trace but the money he stole were never pull back by the other user. Next time tell your friend that be careful with many hackers around.
What wallet he used why the thief stolen their huge btc we have our own secret key i think its hardly scam by the others.

Yes the funds has already gotten into the wrong hands and so even though you might see the location IP address and wallet of the thief and other details you can not reverse the transaction unfortunately.

yes you can trace your stolen bitcoin. be sure next time to take care of it. use 2FA authenticator, keep your private key safe and 12 phrase passwords. you can check your stolen btc at blockchain.info

No this is impossible. You only get to see the wallet the money entered but cant take it back.

Thanks for your answer

Exactly, Things didn't work like banks when some of its client gets scammed or else they will still have the chance to retract the money because it's centralized and have authority to rule the transactions. But, bitcoin is decentralized, no one could country and there's no authority aswell. Basically in cryptocurrencies, if you lost your money, then you lost it.

really difficult , because it is irreversible when your robber already did transactions you could only know txid (id of transactions),but if have enough authority maybe you can tracked the robber, or ask the online wallet to open the identity use your extra authority, and also if your country legalize bitcoin , you can contact the police. CMIIW :)

According to me once you have sent the money and the transaction has been confirmed there is 0% possibility of getting it back,all you can do is know which address you sent your btc to,this is the reason deep web accepts payment only in btc,because it is impossible to trace the owner through the transaction details.

not difficult at all all. i cant still see exactly where my stolen bitcoins have went, up to right now ( i believe they are split up among a bunch of random wallets, they have been spent ALOT of times ). the problem is that i dont know who any of those wallets belong to; they might as well be obscured. this is pretty much the point of bitcoin, at least one of them. being anon, virtually (its not real) while making transactions because addresses are so numerous. the blockchain would be useless if it did not record this.

yes you can trace the transaction even the address of the recipient but its imposible to get back your btc if this is already transfer in the other wallet..sad to say that but you have no choice just accept what you loss..

The blockchain technology was designed for anonymous transaction display relating to a person or place bit it doesn't erase transactions. However one can track the movement of a particular fund but you can't tie it to anything