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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

Bankrupt Crypto Lending Platform Cred Had UK Fugitive in Charge of Funds

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James Alexander was employed as the CCO of Cred, a crypto lender that filed for bankruptcy in November. Cred, a cryptocurrency platform being investigated by the bankruptcy court in Delaware, had a U.K. fugitive as its chief capital officer (CCO). James Alexander was employed as the CCO of Cred, the crypto lender that  filed  for bankruptcy in November with liabilities of between $100 million and $500 million. Alexander had been convicted of crimes relating to illegal money transfers in the U.K. in December 2007 and sentenced to over three years in prison. Subscribe to  First Mover , our daily newsletter about markets. SUBSCRIBE By signing up, you will receive emails about CoinDesk products  and you agree to our  terms & conditions  and  privacy policy . According to the court examiner’s report filed Monday (see below), there was a prison break at the facility where Alexander was incarcerated and he was identified by the U.K. government as a fugitive. The examination describes Alex

FAQs on Hacking: How to HIRE a Legit Black Hat Hacker?

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FAQs: How to HIRE a REAL Hacker? Hackers according to Wikipedia is someone who explores methods for breaching defences and exploiting weaknesses in a computer system or network. Hackers may be motivated by a multitude of reasons, such as profit, protest, information gathering, challenge, recreation, or to evaluate system weaknesses to assist in formulating defences against potential hackers. The subculture that has evolved around hackers is often referred to as the “underground hackers” Services You can HIRE a Hacker for: Hire a Hacker for Cell Phone :  Cell phone hack is perhaps one of the most requested services by people who want to hire a hacker. Cell phone hacking is the practice of manipulating or gaining unauthorised access to mobile phones, such as by intercepting phone calls, call logs, chats and messages. WhatsApp hack, text message hack, GPS tracking etc are also part of what you get with a cell phone hack. This can be made possible through the " Dd3stroyer Spy Ap

5 Things I Wish I Knew Before Getting Into Crypto World.

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Bitcoin (BTC) and the cryptocurrency industry have gained  popularity  in recent months, in tandem with Bitcoin’s  price journey  up to $50,000 and beyond. Given the likely influx of new market participants, here are five things I would have liked to know when I became interested in the industry years ago.  Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment. Bitcoin Can Be A Currency Or A Store of Value Essentially, Bitcoin is a way to send value from one person to another, without needing to provide sensitive details, such as banking information and credit card numbers. Although it began as a transactional currency, as  detailed  in its original description published in 2008, Bitcoin has become  known  more as of a store of value asset similar to gold in recent years. Bitcoin is easy to move, borderless and is not tied to any specific entity or region. Its value is  si

Optimism Announces Mainnet Launch, Scaling Coming to Ethereum in March

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Ethereum (ETH)   fans are celebrating the news that Ethereum scaling solution,   Optimism , is now set to launch on the network's mainnet next month, ahead of schedule. But what does this mean both for Ethereum and its users? "Mainnet in March. Scaling is coming to Ethereum,"  commented   SetProtocol  product marketing manager Anthony Sassano on the latest  announcement  by Optimism: the team has said that they'll be launching arbitrary contract deployment on mainnet in March instead of public testnet, with details to follow.  So what's the big deal? Layer 1 (L1) is the base protocol (the Ethereum blockchain), while Layer 2 (L2) is any protocol built on top of Ethereum. Optimism is an L2 scaling solution, which allows for the Ethereum mainnet to be 'unburdened' from the great number of transactions it has to process. It uses optimistic rollups to achieve lower fees and latency, as well as greater throughput compared to Ethereum L1 alone. The team behind Op