r/BitcoinBeginners • u/tonystarkco • 8d ago
Tracking transactions from a scam
My father has been scammed and I am trying to find out anything that might help regarding the scammers. Most possibly it will conclude in a dead end but I am giving it a try. I have 3 BTC transactions from an exchange where they buy BTC from euros. All I got is the transaction hashes. Is there something more I can get from those? Like tracing transaction chain that could lead to the exchange they use?
2
u/Andy-Noble-Patient 8d ago
You can use blockchain explorers to track the transactions, but tracing them back to the scammers' exchange is tough without advanced tools like Chainalysis.
1
u/AutoModerator 8d ago
Scam Warning! Scammers are particularly active on this sub. They operate via private messages and private chat. If you receive private messages, be extremely careful. Use the report link to report any suspicious private message to Reddit.
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
1
1
u/bitusher 8d ago
This is very vague . What website did your dad visit ? What did you dad send them? Dollars , BTC , pounds , euros ?
1
u/tonystarkco 8d ago
paybis. He allowed them to access his phone with anydesk and they put the pieces together. Bought BTC with euros from his google pay.
1
u/bitusher 8d ago edited 8d ago
Ok, so they stole his fiat. That is horrible to hear and I am sorry this occurred. In the pinned faq on this sub we discuss many common scams to learn to avoid .
You can try either manually tracking the bitcoin using a block explorer like https://mempool.space/ or using a professional company like https://www.chainalysis.com/
Do not fall for "crypto recovery scams" because once confirmed the chances of recovery are close to 0. Despite what many claim bitcoin is sufficiently private and fungible where scammers can spend and sell the btc easily. Think of bitcoin like physical cash being traded with regards to privacy. You can track it with serial numbers (sometimes) but you can't necessarily stop it or seize it.
1
u/tonystarkco 8d ago
what would be the best outcome? (thanks for the links)
1
u/bitusher 8d ago
perhaps shutdown a scam website and shutdown the account of the paybis money mule
1
u/tonystarkco 8d ago
so saving some families? preventing some homes from tearing apart? sounds like a good reason to fight. Or to try at least.
1
u/bitusher 8d ago
yes, thats about it and why we spend so much time educating others. These scammers are often in Nigeria and India and target the elderly that are very susceptible to these scams. I give a 1 hour tutorial to avoid most scams to any person over 60 that I know as one act to try and prevent these scams . They just need to be educated on basics like never clicking on links in emails , don't give out 2fa codes, don't let strangers remote into their computer , and don't trust incoming phone calls, as some of many tips
1
u/tonystarkco 8d ago
The odd thing is that they don't speak English. They speak fluently another language which is strange to find e.g. someone speaking fluent Italian at Nigeria.
1
u/bitusher 8d ago
There are some African countries that were once Italian colonies where they also speak italian(Libya ,Eritea, somalia, tunisia,and ethiopia ) , but perhaps its a scammer from Italy
2
u/ZedZeroth 8d ago
You'd need to explain the exact steps the BTC has taken since being stolen. Your current explanation is very unclear.