Witty-Season-3914 Double Scam Recovery: Difference between revisions
(Updated total amount lost and recovered.) |
(Immediate reactions and ultimate outcome sections updated.) |
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This is a global/international case not involving a specific country. | This is a global/international case not involving a specific country. | ||
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== What Happened == | == What Happened == | ||
Witty-Season-3914 reports that they sent a transaction for 7,000 ADA to a scam address, and immediately noticed their mistake. They were able to contact the support on their Crypto.com exchange and get back their funds within 45 minutes. | |||
{| class="wikitable" | {| class="wikitable" | ||
|+Key Event Timeline - Witty-Season-3914 Double Scam Recovery | |+Key Event Timeline - Witty-Season-3914 Double Scam Recovery | ||
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== Immediate Reactions == | == Immediate Reactions == | ||
Witty-Season-3914 reports immediately realizing their failure and contacting crypto.com to retrieve their funds<ref name=":0" /><ref name=":1" />.<blockquote>"Sent 7000 ADA to a sketch address that said they would double it… once i sent it i knew I [mess]ed up." | |||
"it was a sick feeling." | |||
"i tried calling and it referred me to the app chat."</blockquote> | |||
== Ultimate Outcome == | == Ultimate Outcome == | ||
Witty-Season-3914 reports a successful recovery of all funds within 45 minutes of their original payment<ref name=":1" />.<blockquote>"i don’t know how they got it back, i tried calling and it referred me to the app chat. i was able to get ahold of someone and within 10 minutes it was back in my account. from the time i sent it, to the time i got it back was about 45 minutes."</blockquote> | |||
== Total Amount Recovered == | == Total Amount Recovered == | ||
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== Ongoing Developments == | == Ongoing Developments == | ||
There is nothing remaining to be concluded on this case. | |||
== Individual Prevention Policies == | == Individual Prevention Policies == | ||
{{Prevention:Individuals:Placeholder}} | {{Prevention:Individuals:Placeholder}} | ||
Revision as of 14:59, 10 March 2023
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This is a global/international case not involving a specific country. [1][2]
About Witty-Season-3914
About Crypto.com
This is a global/international case not involving a specific country.
The background of the exchange platform, service, or individuals involved, as it would have been seen or understood at the time of the events.
Include:
- Known history of when and how the service was started.
- What problems does the company or service claim to solve?
- What marketing materials were used by the firm or business?
- Audits performed, and excerpts that may have been included.
- Business registration documents shown (fake or legitimate).
- How were people recruited to participate?
- Public warnings and announcements prior to the event.
Don't Include:
- Any wording which directly states or implies that the business is/was illegitimate, or that a vulnerability existed.
- Anything that wasn't reasonably knowable at the time of the event.
There could be more than one section here. If the same platform is involved with multiple incidents, then it can be linked to a main article page.
The Reality
There is no service presently known to double invested funds from users.
What Happened
Witty-Season-3914 reports that they sent a transaction for 7,000 ADA to a scam address, and immediately noticed their mistake. They were able to contact the support on their Crypto.com exchange and get back their funds within 45 minutes.
| Date | Event | Description |
|---|---|---|
| January 11th, 2022 5:56:59 AM MST | Incident Posted On Reddit | Witty-Season-3914 reports on their situation that they fell for the doubling scam. "I am only posting it because I hope to get roasted, and because smart people are dumb too."[3] |
| January 11th, 2022 4:12:54 PM MST | Update Posted On Reddit | Witty-Season-3914 provides an updates post on Reddit, including confirmation that they successfully recovered their funds. "from the time i sent it, to the time i got it back was about 45 minutes."[4] |
Total Amount Lost
The total amount lost was reported as 7,000 ADA[3].
The closing market price for cardano on January 11th, 2022 was $1.19 USD[5].
Based on this information, the loss has been estimated at $8,330 USD.
Immediate Reactions
Witty-Season-3914 reports immediately realizing their failure and contacting crypto.com to retrieve their funds[3][4].
"Sent 7000 ADA to a sketch address that said they would double it… once i sent it i knew I [mess]ed up."
"it was a sick feeling."
"i tried calling and it referred me to the app chat."
Ultimate Outcome
Witty-Season-3914 reports a successful recovery of all funds within 45 minutes of their original payment[4].
"i don’t know how they got it back, i tried calling and it referred me to the app chat. i was able to get ahold of someone and within 10 minutes it was back in my account. from the time i sent it, to the time i got it back was about 45 minutes."
Total Amount Recovered
All funds were reportedly recovered within 45 minutes[4].
The total amount recovered has been estimated at $8,330 USD.
Ongoing Developments
There is nothing remaining to be concluded on this case.
Individual Prevention Policies
No specific policies for individual prevention have yet been identified in this case.
For the full list of how to protect your funds as an individual, check our Prevention Policies for Individuals guide.
Platform Prevention Policies
Policies for platforms to take to prevent this situation have not yet been selected in this case.
For the full list of how to protect your funds as a financial service, check our Prevention Policies for Platforms guide.
Regulatory Prevention Policies
No specific regulatory policies have yet been identified in this case.
For the full list of regulatory policies that can prevent loss, check our Prevention Policies for Regulators guide.
References
- ↑ Can someone explain to me how people fall for scams like "Send crypto to this adress to double it"? : CryptoCurrency (Aug 26, 2022)
- ↑ overview for Witty-Season-3914 (Mar 9, 2023)
- ↑ 3.0 3.1 3.2 Witty-Season-3914 - "I am only posting it because I hope to get roasted, and because smart people are dumb too." - Reddit (Mar 10, 2023)
- ↑ 4.0 4.1 4.2 4.3 Witty-Season-3914 - "from the time i sent it, to the time i got it back was about 45 minutes." - Reddit (Mar 10, 2023)
- ↑ Cardano Historic Market Price - CoinMarketCap (Mar 10, 2023)