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Author Topic: Recovering stolen funds  (Read 258 times)
Myleschetty
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August 14, 2022, 03:58:43 PM
 #21

I'm curious to know. Can a stolen funds be recovered from the  scammer by a forensic experts?
No. But there chance of getting the fund if you hire a blockchain expert, report to the authority, reports the Bitcoin addresses used by the scammer on BitcoinAbuse, and have some luck which will make the scammer use CEX because CEX now confiscated Bitcoin that's sent through the reported scammer crypto wallet.
TelolettOm
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August 14, 2022, 11:48:26 PM
 #22

I'm curious to know. Can a stolen funds be recovered from the  scammer by a forensic experts?
In my opinion, this will be very difficult. Moreover if we have lack proofs, ilegal crypto regulation, and also fast scammer to respon after stealing. They may be able to send the coins to other wallets or mixers so that we will not able to check the coin itself. Although we will report it to the police or ask for the help from fornesic expert,will it work? Not at all. That is why we should know how to at least secure our assets.because once the asset is stolen, there will be other again that is also stolen.

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Alisha-k
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August 15, 2022, 07:13:53 AM
 #23

I'm curious to know. Can a stolen funds be recovered from the  scammer by a forensic experts?
Recovering a stolen fund is dependent on many factors. If the address is used only once and then moved to an exchange where it is traded for fiat then it will be impossible for any forensic expert to do any recovery but as long as it keeps moving across addresses the behaviour of those transactions can be studied and assumptions can be made. But this process requires time and even more of what was lost to the hackers

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