Why do crypto scam projects often avoid punishment?

In the field of financial technologies and cryptocurrencies, situations frequently arise where projects promising quick enrichment suddenly cease payments. During this period, the majority of deceived “investors” still hope for a return of their invested funds, but reality often proves to be more brutal.

Reasons why crypto scam projects often escape punishment:

Insufficient effectiveness of law enforcement agencies. Investigating crypto scam projects can be challenging and resource-intensive, especially when they involve multiple countries. In some cases, law enforcement agencies simply lack the resources to investigate such cases.

Reluctance of investors to cooperate with the police. Some investors fear that they will be held accountable for participating in a scam project. Others simply do not want to invest the time and effort in an investigation.

Difficulty in gathering evidence. Scam projects often meticulously conceal their fraudulent schemes, making it difficult to collect the evidence necessary to hold the organizers accountable.

Actions of the Scammed investors: Mistakes and an effective approach

Scammed Investors often form groups to exchange information about the project. However, this method is often ineffective due to the activation of the chat only during major events. An effective approach involves uniting Scammed Investors into groups for coordinated actions. The first step is to collectively decide on a budget to fight the wrongdoers, considering that the scam project already has resources for its defense.

The Role of the Police: Challenges and an Effective Approach

Local police often face difficulties due to a lack of understanding of cryptocurrency transactions. Cyberpolice can take on the investigation, but delays are attributed to the significant resources required for tracking transactions. An effective approach involves promptly reporting to the police with a detailed account to expedite the commencement of the investigation. This helps reduce the time that the police would spend on independently uncovering the circumstances.

Role of Leaders in Crypto Scam Projects

Leaders in crypto scam projects often present themselves as experienced investors; however, in practice, they are fraudsters using cunning methods to attract new investors. One common tactic is promising high returns, which captures the attention of potential participants.

After the scam project concludes its operations, leaders may attempt to dissuade investors from filing lawsuits. It is crucial to realize that filing a lawsuit, despite uncertainty in success, can draw public attention and create additional pressure on the fraudsters.

Effective leaders of crypto scam projects can employ various psychological techniques to manipulate the trust of investors. Their promises and the facade of a trusted investor often serve as a cover for dark intentions. The result of such activities often entails not only financial damage to investors but also long-term negative consequences for their trust in investment projects as a whole.

The Role of Private Crypto Investigators and Lawyers

№	The standard process	StarCompliance Investigation
	Filing an application	Submitting a statement to the appropriate authority with a prepared investigation on fund movement.
	Witness Survey	Preparing requests for law enforcement agencies that can be promptly sent to exchanges and Tether to freeze funds. As a rule, at this stage, a significant portion of the funds has already been frozen.
	Time loss and an uncertain outcome, often leading to the end of the case.	Guidance through crypto-investigation, swift analysis of obtained information for further ‘follow the money’ analysis
		Preparation of all additional requests for law enforcement agencies to block further transactions made from the accounts of the perpetrators on exchanges.
		Guidance of the case and the client until the restitution of funds to the affected party.

In other words, StarCompliance provides a complete cycle of cryptocurrency fraud investigation, possessing all the necessary expertise to identify the location of stolen funds and block them. This includes the entire process of analyzing fund movements and preparing requests for law enforcement agencies. In complex jurisdictions such as the UAE and the UK, our company actively collaborates with experienced local lawyers, acting as an effective intermediary to facilitate case progress. It is important to note that using inexpensive lawyers in intricate locations is not an effective approach.

So, if you have become a Scammed Investors of cryptocurrency fraud and still hesitate whether to pursue legal action, submit an application, and our team will assess the likelihood of successfully recovering your funds.