The use of different cryptocurrencies and crypto scam recovery- these two frequently make news headlines. Despite the availability of different hard currencies, many people and companies use cryptocurrencies for different purposes. 61% of men and 39% of women frequently use their favorite cryptocurrencies to purchase goods and services online. Enhanced privacy, lower transaction costs, easy accessibility, and security encourage individuals or business organizations to use digital currencies frequently.
Country | Total Number of Crypto Owners | Percentage of the Population Who Owns Crypto |
---|---|---|
United Arab Emirates | 3M | 30.4% |
Vietnam | 21M | 21.2% |
The USA | 53M | 15.6% |
Iran | 12M | 13.5% |
Philippines | 16M | 13.4% |
Brazil | 26M | 12% |
Saudi Arabia | 4M | 11.4% |
Singapore | 665K | 11.1% |
Ukraine | 4M | 10.6% |
Venezuela | 3M | 10.3% |
Cybercriminals are busy attacking crypto platforms, and stealing people’s data, and money. Cryptocurrency scams have become the order of the day. Is it possible to recover crypto after the financial misappropriation? Yes, it is. Let's talk about some strategies using which you can reclaim the stolen money. We will also talk about how to protect your crypto assets.
Many cryptocurrency users and investors regularly back up their data on secure hardware or cloud platforms. If you are among them, use the backup file to recover your crypto money in just a few steps-
Professional cyber criminals regularly attack world-famous and popular cryptocurrency platforms to steal investors' data and take their money away. Successful attacks can result in technical complications or a total shutdown of the cryptocurrency platform. If you are not able to log into your cryptocurrency wallet, technical issues might be responsible for it.
Contact the customer care department of the platform, explain your problem in detail, and seek immediate solutions. Many cryptocurrency platforms have 24-hour customer care service to address the questions and concerns of investors and provide them with suitable solutions as soon as possible. Explaining your problem to the customer care department and regular follow-up will help restore your access to the cryptocurrency wallet.
Most individuals use personal laptops/computers or internet-enabled mobile devices to log into their cryptocurrency wallets and make transactions as required. As a result of a successful cyber attack or the misplacement of the device itself, they might lose access to the login credentials of their crypto wallet and digital money.
If your computer/laptop or mobile device is infected with a malicious virus, format it and reinstall all the required software, OS, antivirus, firewall, etc. If someone has stolen your hard drive, immediately contact the customer care team of the cryptocurrency platform and inform them about the incident.
Depending on the requirement, they might suspend transactions on your wallet for the time being. Log in to your wallet on a new device, prove your identity using credentials, and check the availability of your digital assets. Reset the password if you have forgotten it.
On several occasions, it is extremely challenging to recover lost crypto money if a professional cybercriminal is behind the phishing attack. He might use different manipulative techniques to steal your money and flee. Tracking him in the crowd of 5.56 billion internet users is not easy at all. This is where you should consider taking help from companies offering crypto recovery services.
At Crystal Recoup, we fully understand the disappointment and frustration individuals go through when their crypto assets are lost. That is why we immediately respond to your calls and emails regarding our services. Just explain what happened to you and share some evidence.
Our recovery experts will conduct a comprehensive investigation, chase cyber criminals legally, and take all possible measures to recover the stolen money as soon as possible. We frequently update our knowledge about different cryptocurrency scams and work out recovery tricks. Our experts may use advanced tools and technologies to recover stolen money. We make sincere efforts to increase the possibility of fund recovery.
Digital illiteracy among a large number of crypto investors is one of the main reasons for successful online scams. Professional cybercriminals can easily target novice crypto enthusiasts and take their money away using different manipulation techniques. So, you should increase your knowledge about cryptocurrency scams. Read popular tech blogs and watch tech videos on YouTube. Keep a close eye on the latest online scams and learn preventative measures. This will enable you to quickly identify fraud techniques used by cybercriminals to steal your money and keep yourself away from them.
Maintain The Privacy of Your Crypto WalletDo you frequently invest in different cryptocurrencies, get impressive returns, and then talk big about it on social media channels, friend circles, etc.? Do you boast about your financial well-being and share screenshots of your earnings with your near and dear ones? Well, it might lead to a privacy breach someday, and you may lose your entire crypto wallet in just a few seconds if someone accesses your crypto wallet login details. Maintain the privacy of your crypto wallet as far as possible. Use a combination of a complex user ID and password to log in and keep changing them regularly. Don't let anyone know that you are investing in cryptocurrencies and have a lot of wealth in your wallet. The confidentiality of your crypto investment practices will keep you away from potential scams perpetrated by friends, relatives, associates, etc.
Use Two-Factor AuthenticationAlways keep in mind that protecting your crypto wallet with a combination of an unpredictable user ID and password is not sufficient. Hackers can easily break into your account and take all your money away using advanced techniques. Activate 2FA on your crypto wallet. You have to prove your identity with a one-time password, which is instantly sent to your registered mobile number or email ID when you try to log into a crypto wallet. Hackers can’t do this because they have access to the OTP & your e-account remains protected.
Keep Your Money in Multiple E-accountsDo you keep your entire crypto wealth in one wallet? If yes, be careful, as you may lose all your digital assets after a successful online attack. So, think of dividing your digital money into three different e-wallets or bank accounts. Even if one e-account is compromised, you have money to keep your life going as usual.
Backup Your DataIt doesn't matter how active you are in the cryptocurrency world; always back up your data, even for the smallest transaction. It will help you restore your e-account using the backup data and prevent your money from going into the wrong hands.
The cryptocurrency world is extremely fascinating. People make a good amount of money with smart investment decisions, and they can lose their digital assets after successful scams. By following these recommendations, they can protect their cryptocurrency from online hackers and maintain their financial well-being. Even if they lose their money, crypto scam recovery is possible. Crystal Recoup is always happy to help you with its money recovery services. We investigate different types of online financial scams and explore the possibility of the recovery of stolen money.