$500,000 Crypto Stolen From Coinbase User Recovered And Returned!

US Attorney’s Office announced that it has successfully recovered $500,000 worth of Bitcoin stolen from an elderly resident in Asheville, North Carolina.

According to the public lawsuit filed in August, a gang of fraudsters, who are thought to live abroad, carry out their actions by calling the victims by phone, and it was determined that personal information was used in criminal activities. While the authorities are investigating, the scammers said victims were told they needed to deposit funds into an allegedly secure government account, and as a result, victims could be depositing their pension funds through crypto exchange Coinbase. Bitcoin (BTC) used to buy. 12,164699 BTC worth $574,766 were detected in the scammers’ account.

Coinbase and the FBI identified the transaction as a potential legacy financial scam that led to the successful recovery of coins. Attorney Dena J. King said that the stolen crypto assets will be returned to the victim after confiscation.

“We know that scams and fraudulent activities using the name of the government are quite common and this can be psychologically and financially devastating for victims. Fortunately, in such cases, fraudulent activities are quickly detected and the stolen funds will be returned to the victims as soon as possible. Unfortunately, such events do not always result in a positive outcome.”

Although the number of people who express opinions that cryptocurrencies are frequently used by fraudsters and criminal organizations and therefore difficult to detect, is decreasing day by day, it is known that their number is not low. Do you think such lawsuits and positive developments can change the view on cryptocurrencies?

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A “Sociologist” working in different jobs; I am interested in economics, politics, immigration and immigration. I’ve been blogging for about ten years. I worked as an editor and writer for different websites from time to time.

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