Losing your hard-earned cryptocurrency can be crushing. If you’ve suffered losses due to the misconduct of a cryptocurrency exchange, a cryptocurrency hacking & theft lawyer can help you take action and recover your funds.
If your crypto assets have been compromised, you may feel unsure about the next steps. But you don’t have to navigate the recovery process alone.
Since 1999, Meyer Wilson Werning has recovered over $350 million for our clients. If you’ve lost assets due to the misconduct of an exchange, a Crypto.com hacking and theft lawyer can help you recover them.
Why Hire a Crypto.com Lawyer?
If you’ve lost cryptocurrency due to an advisor’s illegal actions, an attorney can:
- Review your case: A lawyer can analyze your situation to determine whether misconduct, negligence, or fraud led to your losses.
- File a claim: A lawyer can help you file a FINRA arbitration claim and represent you during the proceedings.
- Negotiate a settlement: A lawyer can work with Crypto.com and any other involved parties to recover your losses and achieve a fair resolution.
A cryptocurrency lawyer can give you the best odds of recovering your funds.
How Much Do Crypto Lawyers Charge?
The cryptocurrency lawyers at Meyer Wilson Werning work on a contingency fee basis. This means you only pay if you win your case. Your lawyer’s fee will be a predetermined percentage of the amount you recover, which you can discuss at your consultation.
How Do I Recover Scammed Cryptocurrency?
To recover your stolen cryptocurrency, an attorney can can file a lawsuit or arbitration case and advocate for you throughout the process.
Can I Sue a Crypto Exchange?
While it’s possible to sue a cryptocurrency exchange like Crypto.com in certain circumstances, arbitration is typically the best route when an advisor’s actions resulted in your losses.Â
Most of the time, arbitration is faster and more cost-effective than litigation. An experienced cryptocurrency arbitration lawyer can represent you throughout the process.
What Is Cryptocurrency SIM Swapping?
SIM swapping is a fraudulent tactic whereby scammers gain control of your mobile phone number to access your cryptocurrency accounts. They do this by:
- Impersonating you: Scammers contact your mobile carrier and request a new SIM card for your number.
- Intercepting codes: With control of your number, they intercept two-factor authentication codes sent to your phone.
- Accessing accounts: Using these codes, they log in to your cryptocurrency accounts and transfer funds.
Unfortunately, if a financial professional was not involved in the theft of your assets, it’s highly unlikely our securities lawyers will be able to help.
Other Types of Cryptocurrency Fraud
Other common forms of cryptocurrency fraud include:
- Ponzi schemes, or fraudulent investment schemes that promise high returns to early investors using the funds of newer investors
- Phishing attacks, in which scammers create fake emails or websites to trick users into providing their login credentials or private keys
- Rug pulls, in which developers of a cryptocurrency project suddenly abandon it and abscond with investors’ funds
- Impersonation scams, in which fraudsters pose as celebrities, companies, or technical support staff to solicit cryptocurrency transfers under false pretenses
If a financial advisor has involved you in one of these scams, a lawyer can help you pursue justice.
What Is Cryptocurrency?
Cryptocurrency is a digital currency that uses cryptography for security. Unlike traditional currencies, cryptocurrencies operate on decentralized networks based on blockchain technology. This means transactions are:
- Immutable: Once added to the blockchain, transactions cannot be altered.
- Transparent: The blockchain ledger is publicly accessible.
- Decentralized: No central authority governs cryptocurrency transactions.
Cryptocurrencies like Bitcoin and Ethereum have become widely adopted, which has made owners a target for cybercriminals.
Common Types of Cryptocurrency
The most popular cryptocurrencies include:
- Bitcoin (BTC)
- Ethereum (ETH)
- Binance Coin (BNB)
- Tether (USDT)
- Ripple (XRP)
What to Do After Cryptocurrency Fraud
If you’ve lost crypto assets due to an advisor’s misconduct:
- Secure your account: Change your password, enable two-factor authentication, and contact Crypto.com to freeze your account.
- Hire a lawyer: An experienced cryptocurrency attorney can guide you through the recovery process.
- Document everything: Record transaction details, screenshots, and communications with the advisor.
- File a report: Per your attorney’s instructions, notify the appropriate authorities.
Speak With a Crypto.com Hacking & Theft Attorney
Dealing with cryptocurrency theft can be overwhelming, but you don’t have to seek justice alone. A Crypto.com theft and hacking lawyer can provide the expertise you need to recover your assets and hold the at-fault parties accountable.Â
Schedule a free consultation to take the first step toward reclaiming what’s rightfully yours.