Quote from: Berryfolia on February 28, 2025, 11:07:57 PM

Though bitcoin is widely recognized as a digital asset and is very volatile,when dealing with it one have to be extremely careful.

Yes, you need to be very careful as you are going to "Be your Own Bank" (BYOB).

Quote from: Berryfolia on February 28, 2025, 11:07:57 PM

One anonymous have his bitcoin wallet compromised and it was a serious financial setback,he try all his possible best to recover the stolen bitcoin but his effort prove abortive not until he apply another approach.

What he did was that,he compiled a well detailed information on the incident,by keeping note of some certain things like the transaction logs, the wallet address utilized and with the correspondence.Thereafter,he reported the theft to the appropriate authorities,which is the law enforcement agencies,legal experts with knowledge of cryptocurrency theft and a professional digital asset recovery services and present the necessary information for them,so that they can help get the bitcoin back.

Most of the time though it's very hard to catch the culprit, although everything is written in the blockchain, we all know that they are just Bitcoin addresses, there are no name associated with it.

And you can only traced it as far as you can, maybe the criminals might used other methods to evade detection and obfuscate. And it is what it is, that's why you really need to be very careful of your crypto or Bitcoin and not exposed yourself to cyber criminals and hackers.