How to Report a Bitcoin Scam

Bitcoin has made online transactions easier for many people, but it has also led to a plethora of bitcoin scams. This digital currency provides convenience for consumers, but it can also be abused to create a cover for illegal activities. It is essential to report a Bitcoin scam if you have been the target of one or have proof that a Bitcoin deal is fraudulent. 

Trader Defense Advisory experts have the right information and training to uncover cryptocurrency fraud. We are guide clients through the process by helping them report a Bitcoin scam. Our team has the contacts and knowledge of the fund recovery process to get results for our clients. Contact us today to get at the bottom of a Bitcoin scam.

Gather Information

It is a good idea to have a paper or digital trail of communications, especially where there is money involved. When you are preparing to report a Bitcoin scam to the police or regulatory authorities, gather the following types of relevant documents: 

  • Emails
  • Contracts signed
  • Documents you shared with the other party
  • Audio messages or phone call recordings
  • Contact information of the other party

Although the contact information the other party provided may not be their actual address, it can still provide clues to tracking them down. The more information you have at the outset, the easier it will be to locate the source of the scam and to take action.

Schedule a Consultation

Fill in your details and one of our representatives will contact you within 1 business day.

Consult with a Professional

Make sure you have a reliable fund recovery service, such as Trader Defence Advisory, on your side from the beginning. Avoid the temptation to go it alone. You may report a Bitcoin scam on your own, but when it comes to following up and tracking down the scammers, it is best to trust professionals. 

Regulators and law enforcement often try their best to pursue these cases, but they can be so inundated with other types of crimes other than fraud that it can be difficult to get results. Having an agency paying attention to your case and acting as an advocate will improve your chances of success.

Maintain Communication

Patience is important if you are seeking restitution after you report a Bitcoin scam. Some cases can be resolved in a matter of days or weeks and others can take much longer. Bitcoin scammers can often assume several identities so it can take some to locate and catch them. When justice is done, it will have been worth the wait.

Talk to Trader Defense Advisory Professionals Today!

If you want to report a Bitcoin scam, use the services of Trader Defense Advisory to serve as advocates in your case. Our team has extensive knowledge of cryptocurrency and many other types of scams. Talk to us today if you want to report a Bitcoin scam. Those involved in fraudulent activities tend to act fast, so make sure you talk to us today and let us help your case succeed.