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Showing posts with the label crypto assets recovery

Over 1,000 BTC Belonging to Mirror Trading International (MTI) Was Transferred back to Investors after Multiple Reports from a Credible Crypto Assets Recovery Company

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1,000 BTC Belonging to the Mirror Trading International (MTI) Was Transferred to South African Investors After Multiple Reports from a Credible Crypto Assets Recovery Company ( DaTRek Recovery  Company ) Recent reports coming from South Africa confirms that over 1,000 bitcoin belonging to the now biggest crypto exist-scam of Mirror Trading International (MTI) were recently transferred to investors who had deposited and invested a lot of BTC earlier in the year. The reports added that the transfer had been sanctioned by the Financial Sector Conduct Authority (FSCA), the country’s financial industry regulator, after multiple reports came from a dedicated Crypto Assets Recovery Company , who gave their full support to the tracking and recovery of the Bitcoin from MTI. RECLAIMED BY DATREK RECOVERY 2021 According to a South African media report, the 1000  BTC had been stuck in MTI’s account since June 2020. Similarly, Bitcoin.com News reported in August 2020, that FX choice had blocked M

HOW CRYPTO ASSETS FORENSICS TRACED AND CHARGED BACK $32 MILLION WORTH OF LOST BITCOIN INVESTMENTS

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HOW CRYPTO ASSETS FORENSICS TRACED AND CHARGED BACK $32 MILLION WORTH OF LOST BITCOIN INVESTMENTS A common misperception is that lost or stolen bitcoin is gone forever and cannot be recovered. This is a very wrong idea and in fact bitcoin, ethereum and other crypto assets can be traced and charged back. As blockchain forensics continues to evolve, identifying, tracing and recovering hidden or lost crypto assets may have already become easier than traditional asset recovery (Bank Accounts Recovery).  A court order signed by a U.S. federal bankruptcy judge last month in the Northern District of California granted relief to the liquidators of a three-year old USD 32 million cybertheft. The assets stolen from U.K.-based crypto exchange Dooga — then registered as Cubits — were tracked and traced through a forensics technology company to wallets stored in two U.S.-based cryptocurrency exchanges.  “Cubits opened accounts for [those] who turned out to be the wrongdoers,” Kobre & Kim l