Bitcoin Forum

Recently, scammers around the world are committing fraud by taking advantage of the fact that cryptocurrency has no restrictions on remittances between countries.
To be serious, victims of fraud cannot recover the stolen money.Then, many people take their own lives or have bad consequences with extreme choices.
So we have to help victims of cryptocurrency fraud.
I'm seriously looking for people who will agree with me. If you're interested, please contact me.

That's the risk of decentralized environment. Since there is no central authority, it becomes extremely difficult for the victim of crypto fraud to get back their money.

I understand you want to create a group of people who have faced crypto frauds and lost money in that process. But I am not sure how you will be able to help them. Can you please elaborate?

Are you a hacker or a lawyer?

I'm personally interested in helping victims of bitcoin scam cases, but we already have space in this forum (https://bitcointalk.org/index.php?board=83.0) to help at least hear and provide solutions for what steps to take.
Forming an organization by inviting semi-anonymous forum users in my opinion is not the right initiative. My concern is that there will be users who have the potential to be the next scammer who will blackmail victims with the excuse that they will help. You are better off looking for members of the organization from official law enforcement from each country who have proven competence. Once again, members of this forum are generally reluctant to reveal themselves and their profession so you will find it difficult to get a legitimate one.

Creating a group or community for victims of fraud is kind of like creating a lighthouse and point scammers in your direction. There will be real persons who were vitcims and there will be wolves in sheep clothing pretending to be one of the flock. They probably will stay a few days before sending unsolicited messages to other members about how they can recover their money.

Why create that group if you can't help the victims?

There are victims all over the world  as bitcoin is used globally.  People from different countries,  different legislation,  completely different situations where they lost their money. I can't see how will your group will have any positive effect.

Maybe if you make a group of people who lost money in the same scam, it would work out better.

Too broad and too generic. It’s like saying you’d like to create an organization for fiat fraud victims, which would have endless different types of applied user cases and a myriad of forever discrepant underlying circumstances.

You can’t really set out on a quest to defend the victims of fraud that used a subjacent payment method to commit the fault, unless the payment method itself is the object of the claims (which I figure is not the case), or the applied case be more specific for there to be a given entity to pursue.  You could establish general guidelines to follow though, but you’ll probably end up directing them to the authorities and little more.

If you got scammed by someone you have to report to office of state consumer protection and then you have to submit you report in local police station of your city then you can get your fund back but many of time scammers not caught and you lost money.

I think it will be more helpful to create groups that will fight these scammers. You create a site like https://badbitcoin.org/ ..where people can report scams early ..and then this group can hit Social media and they can try to stop people from falling for these scams. (Awareness of the scams will prevent the tears and loss, which will void the need for groups dealing with the consequences of these crimes)

There can also be groups focusing on hunting down these criminals ...like White hat hackers and also people with Blockchain forensic analyses skills.  ;)    "We Police our own Crimes, because we are the experts"   ;D

I think that the only solution is the information and enthusiastic people may do this. but as I see its quit often when financial companies have informational warnings about fishing, scams, etc... anyway, Everyone must be careful when its about money or crypto.

There were lots of suggestions like this in the past but havent still be done because no matter how big a network of crypto fraud victims you have created it would really be pointless.
Lots of multi-million hacks and scams happened in the past until now but still none of them had been able to recover up those funds and give it back to the victims.
Therefore it is really not good to assume or presume that this would really be ending up on positive result or as i said earlier that this would
really be pointless because tracing it up is close or its impossible i shall say.
`

There is no questions or doubts that it is sad when someone gets scammed, I’ve chosen my career to fight against financial fraud to be honest, but I’m not sure this idea (whole being a wholesome one) will be possible. Just to ask for proof alone of how it happened will be extremely difficult.

Aside from what was mentioned above, there are already scambaiters out there dealing with these. Some are even gray hat hackers like Jim Browning that destroys these scammers though they have general focus which are both crypto and fiat.
You can do it by yourself, but it's quite a risk.

maybe it would need a system of community mannaged black listed address, but not sure how that would be working out

Sounds good but for me, that isn't necessary if you know how to protect yourself in the first place.
We don't know either if one of your communities that has been joined there's a wolf waiting for a chance to have a victim, it seems still quite risky because it's a random people who joined and it means you can never trust them. Instead, they help a chance they became a scam.

It is always good if you are knowledgeable enough about this stuff before you will continue adopting bitcoin, taking care of valuable assets isn't just easy.

Still useless or pointless considering that its way too easy on changing up address which you would really lost track and also mixing it wouldnt really be having that much effort to make thats why its

really not that much effective or couldnt really be possible at all on tracing it up on precise manner.Lots of test and tries had been done in the past even up to now on tracing up those scammers

but still failed to do so.One of the most effective way on avoiding on being scammed is having that "COMMON SENSE".

There could be some help even small but it is impossible to make it official, as Bitcoin doesn't work this way. There could be a lot of difficulties here for identifying those addresses or proving that they are involved with frauds/scams.

To be honest, these frauds/scams will still continue especially in cryptocurrency-related, not all users especially newbies already have an idea of everything but yes, COMMON SENSE will work always and we all have that.

The objective of the OP is great but it is the execution that matters here. We already have boards like scam accusations board to help users identify potential fraudulent sites or activities. It is actually hard to monitor all of them and who will really focus in solving this kind of matter? This will incur so much time and will end up empty-handed. Most of the time, scammers are operating anonymously, so that would be the big challenge here. Hard to run after them if you don't know the identities of those individuals.

Those things doesn't work in so many countries, any country that is not organized via adequate security status doesn't secure their own side via scamming report, because some of security personnel is the one that adventure into scamming and other illegalities in their country, police or any other security official or section are. Corrupt already before into the system.

There is no question that scammers, fraudsters and hackers of many types, sizes and competence have found a big paradise in the cryptocurrency industry. They are taking advantage of many factors including that many are coming in new in crypto, they are still not exposed to possible frauds and easily be lead to scams. And of course they know that here there is a lack of protection for frauds so once a person send the coin then that's it no return no exchange. We ae then paying the price of decentralization...as its other side means we are alone or on our own! The only solution that can work long-term is education...educating people of the possible scams and frauds.

Yes, it is a serious matter and it needs to be solved as soon as possible before it takes more victims because that can make crypto bad to them.
But first, they should not just join in some offers that came to them instead of searching for more details because that is the only thing they must do to prevent scamming.
Many people out there will have a big interest when they see a big return in the short term and make them sell whatever they have to fill the position and wait for some time.
That happens not just in crypto but in all aspects related to the investment and that is the first mistake that makes people lose their money in the investment or other things.
Maybe you can explain how we can help those victims of cryptocurrency fraud.

Then why not just create an organization in general for victims of scam/fraud? Bitcoin isn't the only place where scams happen, it happens ANYWHERE. Most scams are done by human engineering anyway, mediums such as Bitcoin have no-fault here so It's pretty dumb to create an organization centered around it, when in fact, it doesn't even have any faults for the scam itself. Honestly, a group educating people about the methods of a scammer would probably be better than the one you'd want to make, cause no one's going to pay people cause they got scammed.

The organization can widely spread the information about Bitcoin transactions that it couldn't be reverted back. That's one way the organization can help future fraud in Bitcoin and maybe list some BTC addresses that had scammed them as sort of a warning. Because more than often scams in crypto take place almost every day accumulating hundreds of them not adding the phishing victims.

Maybe put the addresses in the alert system whenever those addresses activate, it could help the victims to track the perpetrators. The organization I guess still has a purpose.

Sometimes this is also our mistakes because we did confidently trust system when we knew how risky crypto currencies.
Taking their own lives? that is stupidity because our actions will bring us to what we are facing.
are you a Lawyer? or something in Legal matters?

We are all agree with you but you are not putting everything in Open here instead you wanted people to directly contact you? lol 

You'll have a hard time finding people that's going to help you here OP especially with your rank and your reputation which is non-existent right now, I don't think that people are going to take you seriously. Also, your plan is kind of problematic because you will end up giving people that was a victim of fraud false hope because it's very unlikely someone outside of a government agency to be able to track down people who has stolen bitcoins.

the formation of an organization to defend victims of bitcoin fraud, I strongly agree with the formation of this organization, even though we have formed an organization whose name scammers will definitely still exist, sometimes scammers infiltrate among us, scammers are enemies in a blanket, in fact we already have this forum, to can tell each other and remind each other, but still scammers can infiltrate and still be able to deceive us..

This is a pretty old idea that hasn't been successfully executed yet.
So you want to create such organization,but how the organization will actually help the victims and how the organization is going to be funded?Such organization cannot act as a police or FBI.It cannot investigate cases of scam.The only thing it could do is to gather some vague info about the scammers and create some sort of blacklist(or maybe doxxing the scammers info online).You don't need a fancy "organization",in order to do this.
Such organization cannot have the power to refund the money back to the victims of scams.
Why are you focused on Bitcoin fraud only?Most of the scammers are switching to shitcoins,tokens,NFTs and other sorts of pseudo-crypto scams.