Cryptocurrency Fraud
Have you been a victim of cryptocurrency fraud? Has someone stolen your cryptocurrency?
If so, our team are on hand to assist. We can assist in pursuing those who may be responsible for taking your cryptocurrency.
What should I do if I have been a victim of Cryptocurrency Fraud?
If you have fallen victim to Cryptocurrency Fraud and had your assets stolen, there are several avenues you can explore to recover your assets:
- Instructing a solicitor on your behalf
- Reporting the matter to the police
- Reporting the matter to ActionFraud
- Engaging a blockchain analyst to trace your assets
- Reporting the matter to a regulator if a regulated entity is involved
However, it’s important to note that law enforcement agencies, like the police, often have limited resources when investigating this type of crime. In such cases, they may refer you to ActionFraud, which may not have the extensive network required for prosecution and may decline to investigate further.
CryptoFraud Solicitors have established a solid reputation for privately prosecuting cryptocurrency fraudsters.
Free telephone assessment
We specialise in cryptocurrency fraud, including:
- Bitcoin
- Ethereum
- Tether
- Binance Coin
- XRP
- Dogecoin
- Litecoin
- Cardano
- Polygon
- And more...
The Prosecution Process
If you know the identity of the person who has stolen your cryptocurrency, we may be able to privately prosecute them. However, the fraudster must be identified, have a UK address, and the value of the fraud must exceed £10,000.
A summary of the process is as follows:
- Assemble the evidence – we gather all evidence including transaction history, bank statements, website addresses, all communications with the fraudsters and a statement from you;
- Review the evidence – is there sufficient evidence to prove a criminal case for fraud? The case will also be reviewed by a senior barrister.
- Send the case to Court – we apply to Court for permission to prosecute the fraudster. The Court drafts a summons which we serve on the fraudster who must then attend Court on a set date to plead guilty or not guilty to the criminal charge
- If the fraudster pleads guilty – then they are sentenced;
- If the fraudster pleads not guilty – then the case is referred to Crown Court and listed for a full trial.
Although the primary purpose of criminal proceedings is to punish the fraudster, the courts also have wide powers to order compensation and/or Proceeds of Crime Act investigations of the financial circumstances of convicted fraudsters.
The Civil Litigation Process
We may still be able to help recover your lost funds, even if you do not know the identity of the fraudster.
If you have lost more than £1,500, we can review the relevant financial transactions to determine whether there has been a breach of regulations or negligence on the part of the financial institution. Our specialist team can then look to seek legal redress on a no win, no fee basis.
Why choose us?
In cases involving cryptocurrency fraud, the resources available to the police are normally limited, and as a result you are referred to ActionFraud. ActionFraud does not have the complex network needed to prosecute these types of crimes and often refuse to investigate. However, at Cryptofraud Solicitors we have:
- Experts in Cryptocurrency Fraud
- A Proven Track Record of Private Prosecuting
- Access to Enquiry Agents, Private Investigators and Financial Investigator
- Over 30 Years of Experience
Meet the Team
James Watson
Chairman
In 1982, I qualified as a solicitor and since then devoted my career to providing access to justice to the individual, regardless of means. I am Chairman and Head of Special Case Work at CryptoFraud Solicitors, I work nationally and internationally specialising in cyber fraud crime.
James Pritchard
Head of Crypto Fraud
I spent the early stages of my career working in general civil litigation, before moving on to practice in Private Prosecution at CryptoFraud Solicitors. As a team, we can collectively draw on extensive experience in both criminal and civil practice to best assist and advise in this niche area. I find this is an extremely rewarding area of work.
Sophie Kendall
Apprentice Solicitor
I understand the devastating impact that financial loss can cause. Scammers are becoming more sophisticated as technology develops over time. It is easy to fall victim. I pride myself on providing my clients with the best possible service and support, through what can be an incredibly difficult time in their life. It is highly rewarding to achieve a successful outcome and recover lost funds.
Alva Amadi-Emina
Apprentice Solicitor
I am currently in the third year of my solicitor degree-apprenticeship. At CryptoFraud Solicitors, we explore the possible routes of criminal action that can be taken against identified suspects of a crime in relation to fraud and other dishonesty offences. In my role, I assist clients who have been the victim of such offences by helping them through the process of prosecuting the people responsible.
Charles Rowell
Apprentice Solicitor
In 2023, I began the degree-apprenticeship programme at CryptoFraud Solicitors. I regularly encounter clients who have become victims of cryptocurrency fraud. I aim to help clients to the best of my ability and strive to seek justice for them in a very difficult period of their life. I find it incredibly rewarding when the clients finally get the justice they deserve.
How to get in contact
To receive tailored advice from our cryptocurrency fraud experts, simply call us on 0330 8080 105 or complete our enquiry form and one of our experienced solicitors will call you back.
Case study
Cryptocurrency fraudster orchestrated a scam which involved persuading 27 investors to contribute their Bitcoin to trading bots and promising significant returns. The investors lost over 30BTC when the fraudster erased their online presence and removed all communication. After being turned away by both the police and ActionFraud, the investors sought legal advice from our team. The defendant pleaded guilty to seven counts of Fraud by false representation.
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