I have encountered many service offers to recover lost or stolen crypto/Bitcoin, both on forum sites and on personal websites, they claim to consist of several experts in their field, and are able to return lost crypto. Cryptocurrency/Bitcoin that has been transacted cannot be canceled, let alone to be returned to the owner, of course the lost crypto recovery service will ask for an upfront fee whose amount will depend on the lost crypto. So I think crypto/Bitcoin that has been lost or stolen will be very difficult or impossible to recover, what do you think?
Is it possible for us to recover stolen or lost bitcoins?
- Thread starter Suba
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- #3
I agree with you, I suspect that such information is a mode of fraud, which only wants to find opportunities to get easy money. so we need to avoid offering services to recover lost crypto.
Additionally, so many people have claimed that there is a way you can recover your lost bitcoin but you and I know that it's not possible.
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You are right, there are also many people who claim that their lost Bitcoin has been recovered more than 90%, I think it's friends of the scammers, to convince victims to be interested in using their services.
It will be futile to try recovering lost Bitcoin, especially if it's sent to another address owned by a user who uses it.
Sometimes, it's possible to recover some coins on some chains, and sometimes, exchanges can assist with the process
Sometimes, it's possible to recover some coins on some chains, and sometimes, exchanges can assist with the process
It is not possible to recover a lost bitcoin because it is a block chain based transaction.
I do not think that one can be able to recover lost BTC as it is clearly stated that when you transfer to the wrong wallet address that it can not be reversed or recovered and that is how it goes but as for stolen coin I believe there would be a way to come about it.
In case if you have lost keys if your wallet, then it may be impossible for you to recover funds. There are many stories of people losing millions of dollars after forgetting or losing their wallet keys.
