Fidelity Crypto is a option for buying, selling, and holding cryptocurrency. With a user-friendly platform, it appeals to both new and experienced traders while helping protect your funds from hacking and theft. That doesn’t mean your funds are totally safe.
Unfortunately, criminal hackers are finding ways to get their virtual hands on what isn’t theirs to take. If you have lost crypto due to theft, and you believe Fidelity’s negligence played a role, our Fidelity Crypto hacking and theft lawyers may be able to help.
At Meyer Wilson Werning, our attorneys have recovered over $350 million for our clients nationwide since 1999. Call today for a free consultation and find out how our cryptocurrency hacking and theft lawyers can help with your case.
How Can a Fidelity Crypto Lawyer Help?
Our attorneys can assist you in understanding Fidelity Crypto’s platform rules, security setup, and legal responsibilities. If your Fidelity account is hacked, we can guide you through reporting the incident, communicating with Fidelity, and possibly recovering compensation.
We can:
- Review Your Case: Our attorneys can review your case and determine if Fidelity acted improperly, failed to follow rules, or committed misconduct. This helps determine whether you have a strong case.
- File Your Claim: If you have a valid case, our Fidelity Crypto lawyers can help you file a claim. Our team can handle the paperwork, meet the deadlines, and represent you during the proceedings.
- Negotiate a Settlement: Sometimes, cases are resolved before the arbitration process finishes. Our attorneys can talk with Fidelity or any other involved parties to reach a fair settlement and recover compensation for some or all of your losses.
Beyond recovering compensation, our attorneys can help you understand ways to protect your cryptocurrency from fraud and hacking in the future. Having our team on your side means you don’t have to handle complex legal and technical issues alone.
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Can Fidelity Crypto Get Your Crypto Back?
Fidelity Crypto has security measures. However, because crypto transactions are irreversible, recovering stolen funds is often impossible. In addition, hackers move stolen funds quickly through various accounts, making them hard to trace.
Fidelity may help by investigating the breach or freezing accounts if caught early. Their platform also currently limits transfers, which reduces some risks but also limits quick recovery options.
While it isn’t likely that Fidelity will recover your crypto, you may be able to recover compensation if their negligent actions played a role in your losses. Our Fidelity Crypto hacking and theft attorneys can help you understand your options.
Can You Sue Fidelity Crypto?
You can file a Fidelity Crypto legal claim, but success depends on your case, and whether Fidelity is liable depends on whether they failed to fulfill their duties.
Courts and arbitrators look at whether Fidelity took reasonable security steps and followed best practices. If they didn’t, or if they failed to act promptly after a hack, you might have grounds for a legal claim. If you do, choose a knowledgeable investment fraud lawyer to sue Fidelity Crypto.
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What Is Fidelity Crypto Customer Protection Guarantee?
The Fidelity Customer Protection Guarantee is a safety net offered on Fidelity Crypto accounts. It promises to reimburse you for losses caused by unauthorized activity, as long as it wasn’t your fault.
Key requirements include reviewing your statements within 30 days, notifying Fidelity immediately if you spot suspicious activity, and keeping your contact information current.
Our lawyers are nationwide leaders in investment fraud cases.
What Is SIM Swapping?
SIM swapping is a type of identity theft where a cybercriminal tricks your mobile carrier into assigning your phone number to a new SIM card they manage. This is a common method hackers use to access crypto accounts.
Once they have your number, the criminals can receive calls and texts meant for you, including two-factor authentication codes, permitting them to access your online accounts, such as crypto wallets. Other common methods of hacking crypto accounts include:
- Phishing Attacks: You get an email, text, or message that looks like it’s from Fidelity Crypto or a related service, asking you to log in, verify info, or click a link.
- Credential Reuse and Password Leaks: Hackers get your information from a breach at another website, then try the same combos on Fidelity Crypto.
- Email Account Compromise: If a hacker gets into your email, they can reset your Fidelity password and take over your account.
- Malware or Keyloggers: Malicious software on your computer or phone logs what you type and sends it to the attacker.
Talk to a Fidelity Crypto Hacking and Theft Attorney
Fidelity is a trusted name in finance, but hacks and data breaches can happen anywhere. It’s never wise to rely entirely on any platform to keep your crypto safe. Taking proactive steps to secure your account and protect your information gives you more control over your assets.
It’s hard to know what to do if your crypto account was hacked, but our Fidelity Crypto hacking and theft attorneys might be able to help. We can review the event, advise you of the right steps to follow, and hold Fidelity accountable if they contributed to your losses.
Our team at Meyer Wilson Werning has over 75 years of combined experience. Call today for a free consultation and tell us about your case.
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