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Cryptocurrency If you were scammed out of crypto, you likely won’t get your money back. The only way to be refunded is if the person you paid sends the money back to you.
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Recovery scammers target people who have just lost money to another scam. Typically, recovery scammers will promise to get the money back in exchange for an upfront fee. After you pay, they vanish.
A pig butchering scam (in Chinese sha zhu pan [2] or shazhupan, [3] (Chinese: 杀猪盘), translated as killing pig game) [1] is a type of long-term scam and investment fraud in which the victim is gradually lured into making increasing contributions, usually in the form of cryptocurrency, to a fraudulent cryptocurrency scheme.
In March 2022, [34] the largest cryptocurrency theft of the year, US$625 million in ether and USD coin was stolen from the Ronin Network. Hacked nodes were finally discovered when a user reported being unable to withdraw funds.
The hackers required multi-signature addresses for transfer. Poly Network generated a collection address and started to recover the assets that were returned first on August 11. On August 13, the hackers returned assets worth $340 million and transferred the bulk of the rest to a multi-signature address jointly controlled by them and Poly Network.
People in the U.S. reported losing $5.6 billion to cryptocurrency scams in 2023, with older people hit the hardest, according to the FBI. The FBI’s first annual Cryptocurrency Fraud Report ...
The Bitfinex cryptocurrency exchange was hacked in August 2016. [1] 119,756 bitcoins, worth about US$72 million at the time, was stolen.[1]In February 2022, the US government recovered and seized a portion of the stolen bitcoin, then worth US$3.6 billion, [2] by decrypting a file owned by Ilya Lichtenstein (born 1989) that contained addresses and private keys associated with the stolen funds. [3]