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#251 2023-06-15 19:14:47

Vastextension
Member
Registered: 2022-11-19
Posts: 1,970

Re: Beware of crypto recovery services!

thrive;14085 wrote:
full;14084 wrote:
Vastextension;14083 wrote:

I encourage the new users to do their research before investing in or transacting with cryptocurrency now and in the future.

New users should be aware of the risks involved in cryptocurrency investing and know how to identify potential scams and fraudulent activities.

Although it is still necessary, training new users in the fundamentals of blockchain technology and the mechanics of cryptocurrency transactions, such as how wallets operate and the function of transaction fees, is still necessary.

New users should be familiar with the rules and regulations surrounding cryptocurrency in their jurisdiction to avoid any legal issues. Nevertheless, no problem if using CRP coin, UUSD or the Crypton Exchange.

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#252 2023-06-15 19:18:35

full
Member
Registered: 2023-01-06
Posts: 1,098

Re: Beware of crypto recovery services!

Vastextension;14086 wrote:
thrive;14085 wrote:
full;14084 wrote:

New users should be aware of the risks involved in cryptocurrency investing and know how to identify potential scams and fraudulent activities.

Although it is still necessary, training new users in the fundamentals of blockchain technology and the mechanics of cryptocurrency transactions, such as how wallets operate and the function of transaction fees, is still necessary.

New users should be familiar with the rules and regulations surrounding cryptocurrency in their jurisdiction to avoid any legal issues. Nevertheless, no problem if using CRP coin, UUSD or the Crypton Exchange.

Teaching new users best practices for keeping up-to-date, such as following reliable and trustworthy news sources and social media accounts from the cryptocurrency community is also needed.

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#253 2023-06-15 19:21:00

Vastextension
Member
Registered: 2022-11-19
Posts: 1,970

Re: Beware of crypto recovery services!

full;14087 wrote:
Vastextension;14086 wrote:
thrive;14085 wrote:

Although it is still necessary, training new users in the fundamentals of blockchain technology and the mechanics of cryptocurrency transactions, such as how wallets operate and the function of transaction fees, is still necessary.

New users should be familiar with the rules and regulations surrounding cryptocurrency in their jurisdiction to avoid any legal issues. Nevertheless, no problem if using CRP coin, UUSD or the Crypton Exchange.

Teaching new users best practices for keeping up-to-date, such as following reliable and trustworthy news sources and social media accounts from the cryptocurrency community is also needed.

We also need to encourage new users to join the community by sharing their knowledge, participating in debates, and contributing by asking questions or giving useful resources to help the community grow.

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#254 2023-06-15 19:25:07

full
Member
Registered: 2023-01-06
Posts: 1,098

Re: Beware of crypto recovery services!

Vastextension;14090 wrote:
full;14087 wrote:
Vastextension;14086 wrote:

New users should be familiar with the rules and regulations surrounding cryptocurrency in their jurisdiction to avoid any legal issues. Nevertheless, no problem if using CRP coin, UUSD or the Crypton Exchange.

Teaching new users best practices for keeping up-to-date, such as following reliable and trustworthy news sources and social media accounts from the cryptocurrency community is also needed.

We also need to encourage new users to join the community by sharing their knowledge, participating in debates, and contributing by asking questions or giving useful resources to help the community grow.

Cryptocurrency may be a highly volatile market, and it's critical to emphasize to new users that they must be patient while dealing with the market's ups and downs and not make emotional decisions.

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#255 2023-06-15 19:27:42

thrive
Member
Registered: 2023-01-04
Posts: 2,018

Re: Beware of crypto recovery services!

full;14091 wrote:
Vastextension;14090 wrote:
full;14087 wrote:

Teaching new users best practices for keeping up-to-date, such as following reliable and trustworthy news sources and social media accounts from the cryptocurrency community is also needed.

We also need to encourage new users to join the community by sharing their knowledge, participating in debates, and contributing by asking questions or giving useful resources to help the community grow.

Cryptocurrency may be a highly volatile market, and it's critical to emphasize to new users that they must be patient while dealing with the market's ups and downs and not make emotional decisions.

Educating new users on the value of protecting their cryptocurrency, learning about the technology and the risks associated with it, and becoming familiar with the rules.

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#256 2023-06-15 19:28:08

Vastextension
Member
Registered: 2022-11-19
Posts: 1,970

Re: Beware of crypto recovery services!

thrive;14092 wrote:
full;14091 wrote:
Vastextension;14090 wrote:

We also need to encourage new users to join the community by sharing their knowledge, participating in debates, and contributing by asking questions or giving useful resources to help the community grow.

Cryptocurrency may be a highly volatile market, and it's critical to emphasize to new users that they must be patient while dealing with the market's ups and downs and not make emotional decisions.

Educating new users on the value of protecting their cryptocurrency, learning about the technology and the risks associated with it, and becoming familiar with the rules.

They can get the most out of their cryptocurrency experience by contributing to the community, exercising patience, and making informed decisions.

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#257 2023-06-15 19:28:56

crpuusd
Member
From: Blockchain
Registered: 2022-12-13
Posts: 1,655

Re: Beware of crypto recovery services!

full;14087 wrote:
Vastextension;14086 wrote:
thrive;14085 wrote:

Although it is still necessary, training new users in the fundamentals of blockchain technology and the mechanics of cryptocurrency transactions, such as how wallets operate and the function of transaction fees, is still necessary.

New users should be familiar with the rules and regulations surrounding cryptocurrency in their jurisdiction to avoid any legal issues. Nevertheless, no problem if using CRP coin, UUSD or the Crypton Exchange.

Teaching new users best practices for keeping up-to-date, such as following reliable and trustworthy news sources and social media accounts from the cryptocurrency community is also needed.

Its necessary for users to make research to acquire more knowledge on how crypto co-exist

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#258 2023-06-15 20:10:10

Detroit
Member
Registered: 2022-12-27
Posts: 1,444

Re: Beware of crypto recovery services!

Making good research about a project is necessary to make the perfect decision. Decision-making when it comes to cryptocurrency is very vital.

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#259 2023-06-15 20:25:24

crpuusd
Member
From: Blockchain
Registered: 2022-12-13
Posts: 1,655

Re: Beware of crypto recovery services!

Detroit;14104 wrote:

Making good research about a project is necessary to make the perfect decision. Decision-making when it comes to cryptocurrency is very vital.

And also help to understand the basic structures of crypto and how its interact with market value .

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#260 2023-06-15 20:44:35

Camavinga
Member
Registered: 2023-01-06
Posts: 836

Re: Beware of crypto recovery services!

Kelechi;13658 wrote:

Well the fact that people still fall for this old trick of having a cryptocurrency recovery team shows that we still have work to do.

People will always be ignorant, that is life for you. Knowledge is so important in crypto, and a lack of it will create many problems for the individual, we have to repeat it many times for people to learn, if you lose your crypo, forget about recovering it and learn from the mistake.

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#261 2023-06-15 20:55:06

PEACEMAKER
Member
Registered: 2023-01-27
Posts: 412

Re: Beware of crypto recovery services!

Detroit;14104 wrote:

<p>Making good research about a project is necessary to make the perfect decision. Decision-making when it comes to cryptocurrency is very vital.

I 100% agree with you. Before making any decision we should be able to do the necessary research, this will help guide our actions and protect us from making wrong choices that make us to lose out.

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#262 2023-06-15 22:00:48

JONSNOWING
Member
Registered: 2023-01-06
Posts: 1,071

Re: Beware of crypto recovery services!

I think the best way to make this sound clear is to let fellow cryptocurrency users understand that there is nothing anybody, let alone a crypto recovery service can do when a cryptocurrency transaction or account is tampered with to avoid getting scammed

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#263 2023-06-15 22:45:35

gap
Member
Registered: 2023-06-14
Posts: 1,175

Re: Beware of crypto recovery services!

JONSNOWING;14176 wrote:

I think the best way to make this sound clear is to let fellow cryptocurrency users understand that there is nothing anybody, let alone a crypto recovery service can do when a cryptocurrency transaction or account is tampered with to avoid getting scammed

Its more possible that the recovery service request for all details of the wallet and with that the wallet is monitored and vulnerable for next or future attack.

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#264 2023-06-16 17:43:24

JONSNOWING
Member
Registered: 2023-01-06
Posts: 1,071

Re: Beware of crypto recovery services!

Which is putting the wallet at more risk, it’s best to avoid the initial mistake while performing a transaction and save oneself from future risk that may come up in the name of crypto recovery

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#265 2023-06-16 18:14:39

Comrade
Member
From: Utopia App Client
Registered: 2022-12-30
Posts: 1,625

Re: Beware of crypto recovery services!

JONSNOWING;14261 wrote:

Which is putting the wallet at more risk, it’s best to avoid the initial mistake while performing a transaction and save oneself from future risk that may come up in the name of crypto recovery

Thats why its said that the prevention is more better than cure... i can as well wonder alot of junkies site that pop up every each site of today and they are actually bound with redirecting sites.

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#266 2023-06-16 20:52:06

Detroit
Member
Registered: 2022-12-27
Posts: 1,444

Re: Beware of crypto recovery services!

Comrade;14263 wrote:

<div class="quotebox"><cite>JONSNOWING;14261 wrote:</cite><blockquote><div><p>Which is putting the wallet at more risk, it’s best to avoid the initial mistake while performing a transaction and save oneself from future risk that may come up in the name of crypto recovery</p></div></blockquote></div><p>Thats why its said that the prevention is more better than cure... i can as well wonder alot of junkies site that pop up every each site of today and they are actually bound with redirecting sites.</p>

Most of them are like that. Some may drag you into their scam using whatever you may be interested in such as porn, sports bet, etc. So many things can be used.

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#267 2023-06-16 21:23:26

Camavinga
Member
Registered: 2023-01-06
Posts: 836

Re: Beware of crypto recovery services!

JONSNOWING;14176 wrote:

I think the best way to make this sound clear is to let fellow cryptocurrency users understand that there is nothing anybody, let alone a crypto recovery service can do when a cryptocurrency transaction or account is tampered with to avoid getting scammed

Yeah, very correct, so many people that crypto transactions is like bank transactions that you can complain to the bank and they will help you trace and revover your money, crypto is not like that, if you lose it, nobody can help you.

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#268 2023-06-16 21:59:34

crpuusd
Member
From: Blockchain
Registered: 2022-12-13
Posts: 1,655

Re: Beware of crypto recovery services!

Camavinga;14337 wrote:
JONSNOWING;14176 wrote:

I think the best way to make this sound clear is to let fellow cryptocurrency users understand that there is nothing anybody, let alone a crypto recovery service can do when a cryptocurrency transaction or account is tampered with to avoid getting scammed

Yeah, very correct, so many people that crypto transactions is like bank transactions that you can complain to the bank and they will help you trace and revover your money, crypto is not like that, if you lose it, nobody can help you.

A wise man will only understand the manifesto of Utopia system and decentralized features. Crypto are different, Crypton is a big deal and your safety is in your hands.

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#269 2023-06-16 22:03:24

full
Member
Registered: 2023-01-06
Posts: 1,098

Re: Beware of crypto recovery services!

Camavinga;14337 wrote:
JONSNOWING;14176 wrote:

I think the best way to make this sound clear is to let fellow cryptocurrency users understand that there is nothing anybody, let alone a crypto recovery service can do when a cryptocurrency transaction or account is tampered with to avoid getting scammed

Yeah, very correct, so many people that crypto transactions is like bank transactions that you can complain to the bank and they will help you trace and revover your money, crypto is not like that, if you lose it, nobody can help you.

Wait. I think you're misunderstanding something. People can complain about their stolen cryptocurrency and it's their right. Although the cryptocurrency may not be recovered.

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#270 2023-06-16 22:04:03

IyaJJJ
Member
Registered: 2023-01-25
Posts: 1,576

Re: Beware of crypto recovery services!

full;14370 wrote:
Camavinga;14337 wrote:
JONSNOWING;14176 wrote:

I think the best way to make this sound clear is to let fellow cryptocurrency users understand that there is nothing anybody, let alone a crypto recovery service can do when a cryptocurrency transaction or account is tampered with to avoid getting scammed

Yeah, very correct, so many people that crypto transactions is like bank transactions that you can complain to the bank and they will help you trace and revover your money, crypto is not like that, if you lose it, nobody can help you.

Wait. I think you're misunderstanding something. People can complain about their stolen cryptocurrency and it's their right. Although the cryptocurrency may not be recovered.

Yes, the cryptocurrency may not be recovered but the stolen cryptocurrency can still be traced while some can not be traced if it is privacy cryptocurrency.

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#271 2023-06-16 22:04:24

joanna
Member
Registered: 2023-01-10
Posts: 2,380

Re: Beware of crypto recovery services!

IyaJJJ;14371 wrote:
full;14370 wrote:
Camavinga;14337 wrote:

Yeah, very correct, so many people that crypto transactions is like bank transactions that you can complain to the bank and they will help you trace and revover your money, crypto is not like that, if you lose it, nobody can help you.

Wait. I think you're misunderstanding something. People can complain about their stolen cryptocurrency and it's their right. Although the cryptocurrency may not be recovered.

Yes, the cryptocurrency may not be recovered but the stolen cryptocurrency can still be traced while some can not be traced if it is privacy cryptocurrency.

To add to what you guys said. There are several organizations that track hacker stolen funds in the cryptocurrency industry.

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#272 2023-06-16 22:05:05

full
Member
Registered: 2023-01-06
Posts: 1,098

Re: Beware of crypto recovery services!

joanna;14372 wrote:
IyaJJJ;14371 wrote:
full;14370 wrote:

Wait. I think you're misunderstanding something. People can complain about their stolen cryptocurrency and it's their right. Although the cryptocurrency may not be recovered.

Yes, the cryptocurrency may not be recovered but the stolen cryptocurrency can still be traced while some can not be traced if it is privacy cryptocurrency.

To add to what you guys said. There are several organizations that track hacker stolen funds in the cryptocurrency industry.

Thank you. Some of these organizations mainly provide services to help victims of cryptocurrency hacking and fraud to recover stolen funds and prevent future attacks.

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#273 2023-06-16 22:05:31

IyaJJJ
Member
Registered: 2023-01-25
Posts: 1,576

Re: Beware of crypto recovery services!

full;14373 wrote:
joanna;14372 wrote:
IyaJJJ;14371 wrote:

Yes, the cryptocurrency may not be recovered but the stolen cryptocurrency can still be traced while some can not be traced if it is privacy cryptocurrency.

To add to what you guys said. There are several organizations that track hacker stolen funds in the cryptocurrency industry.

Thank you. Some of these organizations mainly provide services to help victims of cryptocurrency hacking and fraud to recover stolen funds and prevent future attacks.

Among the organization is CipherTrace. A blockchain analytics firm that tracks cryptocurrency transactions and provides solutions to prevent money laundering, fraud, and other financial crimes.

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#274 2023-06-16 22:06:01

joanna
Member
Registered: 2023-01-10
Posts: 2,380

Re: Beware of crypto recovery services!

IyaJJJ;14374 wrote:
full;14373 wrote:
joanna;14372 wrote:

To add to what you guys said. There are several organizations that track hacker stolen funds in the cryptocurrency industry.

Thank you. Some of these organizations mainly provide services to help victims of cryptocurrency hacking and fraud to recover stolen funds and prevent future attacks.

Among the organization is CipherTrace. A blockchain analytics firm that tracks cryptocurrency transactions and provides solutions to prevent money laundering, fraud, and other financial crimes.

In addition, they provide services to law enforcement agencies, financial institutions, and cryptocurrency exchanges to reduce the risk of financial crimes.

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#275 2023-06-16 22:06:34

full
Member
Registered: 2023-01-06
Posts: 1,098

Re: Beware of crypto recovery services!

joanna;14375 wrote:
IyaJJJ;14374 wrote:
full;14373 wrote:

Thank you. Some of these organizations mainly provide services to help victims of cryptocurrency hacking and fraud to recover stolen funds and prevent future attacks.

Among the organization is CipherTrace. A blockchain analytics firm that tracks cryptocurrency transactions and provides solutions to prevent money laundering, fraud, and other financial crimes.

In addition, they provide services to law enforcement agencies, financial institutions, and cryptocurrency exchanges to reduce the risk of financial crimes.

Guys don't forget Chainalysis. The company provides tools to track cryptocurrency transactions and reduce financial crime risks. Besides, they provide services to government agencies, exchanges, and financial institutions worldwide.

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