Victim of fraudulent ICO recovers 28,000 Canadian dollars in Bitcoin
An Italian investor contacted ReclaimFunds after losing 28,000 Canadian dollars in a fraudulent ICO (Initial Coin Offering). The project promised to revolutionize the logistics sector through blockchain.
The Situation
The client had invested in an ICO that promised tokens with 1000% growth potential. After the launch, the tokens became worthless and the funds were transferred to wallets in Estonia.
Our Strategy
Our team used advanced blockchain tracking techniques to follow the funds. We identified the scammers in Estonia and collaborated with local authorities for recovery.
The Result
After 5 months of intensive work, we recovered the entire amount of 28,000 Canadian dollars in Bitcoin. The case demonstrated the effectiveness of our blockchain tracking techniques.
28,000 CAD
Funds Recovered
5 Months
Recovery Time
100%
Success Rate