Witty-Season-3914 Double Scam Recovery: Difference between revisions
(Timeline updated to include both posts. Filling in some basic information on most sections.) |
(Updated total amount lost and recovered.) |
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|January 11th, 2022 4:12:54 PM MST | |January 11th, 2022 4:12:54 PM MST | ||
|Update Posted On Reddit | |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."<ref>[https://old.reddit.com/r/CryptoCurrency/comments/s1a7ft/can_someone_explain_to_me_how_people_fall_for/hs9wihk/ Witty-Season-3914 - "from the time i sent it, to the time i got it back was about 45 minutes." - Reddit] (Mar 10, 2023)</ref> | |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."<ref name=":1">[https://old.reddit.com/r/CryptoCurrency/comments/s1a7ft/can_someone_explain_to_me_how_people_fall_for/hs9wihk/ Witty-Season-3914 - "from the time i sent it, to the time i got it back was about 45 minutes." - Reddit] (Mar 10, 2023)</ref> | ||
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The total amount lost was reported as 7,000 ADA<ref name=":0" />. | The total amount lost was reported as 7,000 ADA<ref name=":0" />. | ||
The closing market price for cardano on January 11th, 2022 was $1.19 USD<ref>[https://coinmarketcap.com/currencies/cardano/historical-data/ Cardano Historic Market Price - CoinMarketCap] (Mar 10, 2023)</ref>. | |||
has been estimated at $ | Based on this information, the loss has been estimated at $8,330 USD. | ||
== Immediate Reactions == | == Immediate Reactions == | ||
| Line 73: | Line 72: | ||
== Total Amount Recovered == | == Total Amount Recovered == | ||
All funds were reportedly recovered within 45 minutes<ref name=":1" />. | |||
The total amount recovered has been estimated at $8,330 USD. | |||
== Ongoing Developments == | == Ongoing Developments == | ||
Revision as of 14:53, 10 March 2023
Notice: This page is a new case study and some aspects have not been fully researched. Some sections may be incomplete or reflect inaccuracies present in initial sources. Please check the References at the bottom for further information and perform your own additional assessment. Please feel free to contribute by adding any missing information or sources you come across. If you are new here, please read General Tutorial on Wikis or Anatomy of a Case Study for help getting started.
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This is a global/international case not involving a specific country. [1][2]
About Witty-Season-3914
About Crypto.com
"Not proud of this, but I almost fell for one. Sent 7000 ADA to a sketch address that said they would double it… once i sent it i knew I fucked up. Luckily crypto.com got it back. Not a proud moment, but I am only posting it because I hope to get roasted, and because smart people are dumb too."
"lol truth, i did fall for it. it was a sick feeling.
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."
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
The specific events of the loss and how it came about. What actually happened to cause the loss and some of the events leading up to it.
| 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
How did the various parties involved (firm, platform, management, and/or affected individual(s)) deal with the events? Were services shut down? Were announcements made? Were groups formed?
Ultimate Outcome
What was the end result? Was any investigation done? Were any individuals prosecuted? Was there a lawsuit? Was any tracing done?
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
What parts of this case are still remaining to be concluded?
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 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 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)