kexbui.com

[CryptSafe]

One way to recover the funds would be through law enforcement but you must know for a fact that the funds you sent to the scammer have been moved to a specific regulated exchange. The law enforcement could use that information to contact the exchange, and get the personal information of that person.

Obviously, though, if the person is not from the same country as you, it probably doesn't really help in any way, unless there are millions of dollars involved I would imagine.

Using law enforcement agencies can be okay to go after those involved in the act. But to be able to do a proper tracking, the transaction harsh would be needed so as to determine the exchange the funds were pulled out to so that they can contact them and take every necessary procedures and steps in recovering the funds from the scammers.

If the funds are huge, trust me the agencies involved would definitely go after them but as you have said, if it is otherwise, I think they would not out much efforts but to keep track of the Scammer to monitoring their activities so that they could get them whenever the opportunity avails itself.

[Potato Chips]

Is that an absolute certainty that the funds cannot be retraced ?
Obviously the funds that were sent to Kexbui cannot be reclaimed ....but... if the person was asked to invest in previous exchanges (and made a profit) previously , is there not a way to trace these transactions ?

Several times they wee advised to deposit into Kraken and they did so ..they were to able to access the funds and send them back to their bank account. This was obviously part of the same scam so is it possible that there links to the perpetrators ?

I do not know too much about crypto and it all seems very complex but ..is it possible to find a link .....or completely impossible ?

The complexity all depends on how the perps hid their traces. For instance, there's a good chance perps were using verified exchange accounts from buy and sell market.

You also have to pray your local law enforcement would be cooperative on day to day cases such as this. I've seen cases in where the victim tries to contact the exchange in order to freeze any remaining funds from the perpetrators' account  but eventually flopped because they couldn't get ahold of their local authorities.

Nevertheless, try to still file a report esp if your cybercrimes unit is competitive. If they end up being a part of a large crime ring, it's likely law enforcement could spend a good amount of resources on them. I've seen cases of US busting crime rings of such scam scheme fairly recently as well.

[stompix]

Is that an absolute certainty that the funds cannot be retraced ?
Obviously the funds that were sent to Kexbui cannot be reclaimed ....but... if the person was asked to invest in previous exchanges (and made a profit) previously , is there not a way to trace these transactions ?

The funds can be traced, the problem is what do you do next!

First, you (the victim) must file a complaint with law enforcement, no exchange will act on just an email and some screenshots, they have no way of knowing which one is the true story, and they will act only when some official asks for an inquiry.

The problem is the time, by the time this will arrive the funds will be of course gone, most like the user on that exchange will be a fake one, and even if they were stupid enough to use a legit one you would still be faced with the trouble of filing a civil lawsuit against a foreigner that might not have a thing on this name so you have nothing to take even if you win the case.
That's the problem with those scams, by the time you realize it's a scam the worst is already done.

Of course, filing a complaint is the way to try to do something and if those pile up law enforcement might do something that at least will scare them but recovery of funds...slim chances.