Got scammed out of 70K… is there anything I can do?


First off, Yes – I feel sheepish, yes had I spent more time researching it wouldnt of happened, Yes I realize that I am a moron for letting $70K USD slip out of my hands, so please dont remind me of that, I learned that lesson. The website was legit looking, I trusted it wouldnt come from googles top searches pointing to Reddit which then pointed to a scam from this user > https://www.reddit.com/user/jhkansen1

Secondly, I lost my BTC after importing a private key (after I had sent my funds to a new wallet) into a wallet downloaded from electrumbtcp,com (DO NOT GO HERE.) I then transferred my funds BACK into Exodus but mistakenly didn’t create a NEW address by clicking the ARROW on the right. This mistake cost me $70K USD.

I got into cryptocurrency a few years ago, but not in a heavy sense, just as a merchant accepting BTC. I ran a large minecraft server and a small portion of our user base shopped in BTC back when it was $200-300. While this didn’t give me anywhere near the $70K that I lost, it got me started. I then invested what I could into ETH early on and hodl’d it as long as possible. I wouldn’t consider myself a “newbie” at trading, investing or mining for awhile. I’ve done several forked coins and I didn’t, in my wildest dreams, think that it’d be a malicious wallet. I’ve been trained to “Send coins, get the private key – send funds back to newly created address” – I thought thats what I was doing.

I know my funds are probably gone forever, I want to know how I can warn others, how I can report this to (whatever? country authorities) as a malicious website. I’m not looking for attention as much as I’m looking for possible help with bringing down this website.

https://www.whois.com/whois/electrumbtcp.com

For ref heres the wallet that stole my funds: https://live.blockcypher.com/btc/address/1EgaeuKXBs1kJGx68JtqhxeDGLsAxkDfbx/

Can I get a upvote for awareness?

  • Edit 1: I have reported this to the French authorities (Though I am a USA resident I dont think anything will happen with it). I appreciate the kind words.

  • Edit 2: Any french law enforcement or lawyers that want to help?

  • Edit 3: After searching “BTCP Wallet” the reddit post came up > https://i.imgur.com/7hT0nCL.png The user https://www.reddit.com/user/jhkansen1 posted about it that it “was already available”, I realize this was my fault for not fact checking this.

  • Edit 4: User is spending the BTC now > https://live.blockcypher.com/btc/address/1EgaeuKXBs1kJGx68JtqhxeDGLsAxkDfbx/ 5.0 sent to address https://live.blockcypher.com/btc/address/17PJew5bTxscbFGpL6MFTmZMM95mvjNFJL/

  • Edit 5: should I even bother reporting this to the FBI / police? Will they try to pin me for fraud or something for not reporting buying BTC? (crazy I know but I dont want a double hit here…)

  • Edit 6: It looks like user (jhkansen1) here on Reddit (https://www.reddit.com/user/jhkansen1) is alerting everyone to navigate to the scam website. Can I get in contact to find his IP / authorities? https://i.imgur.com/pk0Tw7r.png – it looks like its the same user that scammed people out of BCH and BTG – the same websites that are using the “electrum X . org/com” variables. These scammers seem to be pretty big and unconfronted, which doesnt make me feel good about where things are in the crypto realm.

  • Edit 7: Friendly and nice advice from an investing group on how to track / what to do:

    @Kainzo sorry to hear this. I’m sure you know this information already but watch these wallets carefully (below). They contain all your BTC. Try to see if you can set reminders or notifications on them to monitor activity. These wallets contain all your BTC (they won’t add up to the same amount due to transaction fees). The pattern of the transfers definitely seem programmatic so I doubt you are the only victim. That being said, the scammers are human, too. Not sure if they’ll HODL or want to liquidate in this dip. If they liquidate, then they will either 1) send to an exchange (you’ll be able to identify wallet addresses that are linked to an exchange so keep an eye out for activity) in which case once you notice the activity you should alert the exchange immediately, or 2) they will sell it off locally with a platform like local bitcoins, in which case it will be highly improbable to trace. If it is option 1, if the exchange cooperated with you, then you may be able to retrieve your lost funds. Fiat-to-coin exchanges like Coinbase should be on your side as they are under strict regulation to avoid processing dirty money, and they are well aware of this. I doubt, though, that the scammers will go the online dump route, due to the transparency and risk I just mentioned, but at this point it’s still worth the watch. Even if they go on some other exchange, still contact the exchange immediately. Because in that case they may be trying to transfer out in something like Ethereum, and you will have no way of tracking it once it leaves the exchange.

  1. https://blockchain.info/address/1HURrZxv8zAPrwxUAfsZt5G17RKQ3vChhQ
  2. https://blockchain.info/address/12JrtjH7uQZXo5wYGvh9DbXrGgknWgfZy2
  3. https://blockchain.info/address/15wfjRDUrxWgY81xcR8gcrhiDxgvLyDy9i
  4. https://blockchain.info/address/1C5TTzVnTiNdFBLcZE6DvhcgQyjr29u3dU
  5. https://blockchain.info/address/142zTd1ZJnubDzZhjDaLQbijqCXx8ivvtX
  • Edit 8: Another mod from Cosmic Trading on Discord

    @Kainzo wallet addresses associated with exchanges will usually be dumped into a central wallet owned by the exchange or some subwallet that is also owned by the exchange, which contains other people’s bitcoin too. If blockchain.info recognizes the address it will display which exchanges wallet it is. If not you can try to google the wallet address you suspect to be and exchange and it should provide some transparency. You can try to alert authorities to identify the user who stole from you but it is unlikely they will be able to do anything about it since the scammer probably resides outside your country and law enforcement only has jurisdiction within, unless your case is escalated to some FBI equivalent in France Even so, it is unlikely they will escalate or prosecute for a financial crime this size. Not saying $70k is small by any means, but the type of cases they deal with are more money laundering to the extent of millions

  • Edit 9: Someone asked me to post my LTC address (LXzurqezb6PZsnJvoyiYfD5HnzLhFf6nPh)

  • Edit 10: Going to bed feeling very defeated. Unsure how to push forward in this scene and feeling wholesomely stuck.

submitted by /u/Kainzo
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Posted by /u/Kainzo on March 9, 2018 @ https://www.reddit.com/r/Bitcoin/comments/833ffc/got_scammed_out_of_70k_is_there_anything_i_can_do/

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