Since the advent of crypto a decade ago, its reputation as a viable alternative to the world of global fiat currency has consistently been tarnished by crypto’s use in crime and the constant scams around the crypto sphere.
The lack of unified global regulation has meant that much of the crypto world is as regulated and marshalled just as much (or as little) as the Wild West. Indeed, from approximately 5,000 reports of fraud in 2017, the number of reported crypto frauds in the United States of America rose to 100,000 in 2021, a staggering nineteen-fold increase in just four years.
Meanwhile, according to the ’ “2022 Crypto Crime Report,” released earlier this year by blockchain data firm Chainalysis, Cryptocurrency crime experienced a record-breaking 2021, with scammers taking a whopping $14 billion worth of crypto last year.
Worryingly, the trend looks like showing no signs of slowing down when it comes to crypto scams. Last year’s $14 billion was almost twice the $7.8 million scammers in a series of investment frauds, Ponzi schemes and other crypto scams taken the year before in 2020.
However, the balance is not all in the scammer’s favour. Coin Dispute Network is a pioneer in disputing and recovering lost crypto.
The fund recovery company has been a leader in the crypto space since 2013 and has established itself as a trusted source in disputing and recovering lost crypto.
Coin Dispute Network reviews each dispute or recovery claim on a case by case basis, starting with a free personal consultation. Then, the New York company leverages its deep connections within the blockchain network and crypto community to analyze the Blockchain to trace and locate lost funds.
The Coin Dispute Network offers a simple four-step process for recovering funds and even identifying who the culprits were.
The first step – Coin Dispute Network analyze the blockchain and locate the funds
The second step – Coin Dispute Network identify the scammers and a formal investigative report is created and used to dispute the lost or stolen funds.
The third step – Crypto transactions and losses are disputed and recovered by Coin Dispute Network using their long-established deep connections within the blockchain and crypto community.
The fourth step – The Coin Dispute Network service doesn’t end with a successful recovery. The fund recovery company uses 24/7 monitoring and alerts to track disputed funds in order to perform stop-recovery attempts at various exit points the scammers may use to cash out your money and run.
Victim of a Crypto Scam? All is not lost (Literally)
With crypto scams on the rise and regulation to prevent them not quite on the horizon just yet, it is the likes of Coin Dispute Network that do offer some hope in disputing and recovering lost coins.
Having been around almost as long as crypto itself, the experienced team behind Coin Dispute Network have pretty much seen it all. There isn’t a single type of investment fraud, Pyramid or Ponzi scheme that has not been seen by Coin Dispute.
So, if you are a victim of a crypto scam or want to dispute a transaction – why not take up their offer of a free consultation? thousands have and been the better for it!
For more info, visit: https://coindisputenetwork.com/
