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Although initial coin offerings (ICOs) can be profitable for start-ups seeking funding, they are not without their disadvantages. Investors often face risks due to the lack of regulation. In 2021, for instance, BitConnect, an offshore cryptocurrency lending program, had already scammed its investors out of over $3 billion. The company promised a 40% return on … Read more

I understand how it feels when we realize that we have been scammed. We need someone to recover our scammed crypto. We may try to take legal action or look for some crypto scam recovery services. Legal actions may or may not work due to their limitations; for instance, often FBI or Police can help … Read more

Research reveals that 80% of initial coin offerings (ICOs) are scams, causing people to lose billions of dollars each year in ICO scams. For instance, this research paper claims that out of $15.38 billion, $10.12 billion was scammed in ICOs, with an average loss of $17.57 million per ICO. If you have fallen victim to … Read more

Due to a huge spike in crypto scams last year, we thought to share all the details a beginner will need to file a complaint against crypto scams. The US Department of Justice released it’s internet crime statistics last year. The study also concluded on different types of cybercrime practices, their effects on U.S. networks … Read more

Before I tell you who exactly can recover crypto in your situation, let me clarify that it’s possible to recover your lost or stolen crypto, no matter how challenging the situation is. You might have lost your seed phrase, your hardware might have gotten damaged, you lost your wallet, you got scammed, or anything else … Read more