Scams in the crypto space are up -- way up -- this year. Here's a recent graph from the US Federal Trade Commission:
https://www.ftc.gov/sites/default/files/u52513/cryptocurrency-may-2021.pngWe've been researching best practices for people caught up in scams -- which boil down to:
- Don't make it worse
- Write down the details while it's fresh in your mind
- Report it to the relevant regulatory agencies
Does anyone have first-hand experience with the for-profit companies that claim to be able to help recover funds?
- MyChargeback claims to attempt to track wallet (presumably at an exchange) then work with law enforcement to retrieve funds
- Claim-Justice essentially says "ask the scammer to refund your money"
I'm very skeptical of these companies -- as I understand they all require payment up-front, and they all require law enforcement involvement to actually recover funds. Which means that you could potentially have just as high a probability of recovering funds without the for-profit company in the middle.
Anyone have actual experience with them?