MetaMask Lends Relief Measure To Crypto Scam Victims
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MetaMask partners with Asset Reality
They will work together to help scam victims in retrieving their lost assets
The economic activity of Web3 has increased dramatically. The recent growth in the digital domain has attracted a plethora of cutting-edge apps. Probably, they will soon change the financial services scene in the near future.
Cybercriminals and fraudsters are now paying more attention to the global economy as a result of all of this. Therefore, working with essential protection is always better. The threat posed by these cybercriminals has concerned MetaMask’s creators. Thus, they decided to devise a solution.
ConsenSys’ self-custody wallet, MetaMask has taken a step ahead in helping victims of cryptocurrency fraud by establishing a strategic partnership with Asset Reality.
Asset Reality is an end-to-end solution for managing, recovering, and analyzing seized crypto or any complicated assets. And so, MetaMask and Asset Reality will work together to retrieve the digital assets of crypto scam victims wherever possible.
How will Metamask and Asset Reality work together?
Scam victims frequently face difficulties in obtaining adequate resources and attention from law enforcement. Asset Reality’s service enables several victims of a scam operation to band together and conducts a broader forensic inquiry.
The case handler for MetaMask’s users will be Asset Reality. They will do the legwork for users by investigating each fraudulent operation, dramatically improving the chances of recovering funds and bringing crooks to jail.
MetaMask users will be able to use Asset Reality services for free. However, users may be responsible for legal fees if the recovery method is cost-effective. Moreover, if a larger number of victims are found involved in the large-scale scam, a victim of a lesser amount has the option to retrieve the money by providing identifiable information.
This service will be provided to all MetaMask customers who have been scammed worldwide. This includes those in the United States, the United Kingdom, the Philippines, India, Vietnam, Brazil, France, Germany, and Nigeria.
