Every bitcoin transaction is traceable. It can be traced whether the bitcoin came directly from mining or is something that has been in circulation since a long time. Bitcoin makes the sender and receiver anonymous but not private.
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True you can always lay complains to the exchange plathfrom but personally I don't think they have much power over that, they might not be able to do much. Though I may be wrongBut the customer can lodge a complain to the exchange site
Very true, even the very government it self, some of them can easily move the country's money form one place to another without any trace. Some time back investigations where made and it was discovered that some persons made use of crypto currency to support and sponsor terrorist movementAs you cannot trace any Bitcoin transaction then there is no way you could trace a stolen Bitcoin.
This is one of the reasons some governments wants to regulate Bitcoin before it is generally accepted because they believe it is used for fraudulent activity
One of the thing about the issue of bitcoin is that it is decentralise form of trading and the controle is not central whereby one can easilly regulate the flow of how transaction is made,so it cannot be recovered or track.Many people purchase bitcoin as an investment, hoping that it will rise in value. Often, investors attempt to realise this profit at an earlier date. This leads to scammer engaging in 'bitcoin flipping scams'. These scams purport to increase your investment quickly, for a fee. In reality, the scammers simply steal your bitcoin.
How can we recover stolen Bitcoins?
Once you've fallen victim of that scam there is no way to recover back your coin.Many people purchase bitcoin as an investment, hoping that it will rise in value. Often, investors attempt to realise this profit at an earlier date. This leads to scammer engaging in 'bitcoin flipping scams'. These scams purport to increase your investment quickly, for a fee. In reality, the scammers simply steal your bitcoin.
How can we recover stolen Bitcoins?
The most popular method for doing this is by keeping an eye on the blockchain with the use of applications like Chainalysis, which let you track transactions and spot unusual activity. If you submit the transaction data, certain exchanges may also be able to help you hunt down stolen bitcoins.Many people purchase bitcoin as an investment, hoping that it will rise in value. Often, investors attempt to realise this profit at an earlier date. This leads to scammer engaging in 'bitcoin flipping scams'. These scams purport to increase your investment quickly, for a fee. In reality, the scammers simply steal your bitcoin.
How can we recover stolen Bitcoins?