How do I turn trapped crypto into real money after a scam?
People falling for node trading or investment scams often find thousands of pounds trapped in a wallet that cannot be changed into a recognized cryptocurrency to cash out into a bank account. This leaves victims stranded with faked balances they cannot access or convert.
What people tried
Every workaround mentioned in the threads below. We haven’t tested any of them — and nobody here is claiming they worked.
- 1Contacting regulatory bodies
- 2Filing police reports
- 3Changing online account passwords
- 4Placing credit freezes
- 5stopping further investment
- 6trying to withdraw funds to test the platform
- 7reporting the incident to the bank and police
- 8filing a dispute with your credit card company
- 9documenting each notification to build a case
In their words
Unedited, most upvoted first, each linked to the thread it came from.
“There is currently about £36,000 in my wallet that I cannot change into a crypto that is recognised by Coinbase in order to change into real money and deposit it into my bank account. How do I do this or can I do this?”source ↗
“I was approached by someone to help invest in crypto currency node trading and I actually fell for it.”source ↗
“They are STILL promoting and sending me push notifications for a fraudulent storefront I reported to them and emailed them about after the app bait-and-switched me into making a purchase from it.”source ↗
“Shop claims that the Shop app is not a marketplace and refuses to do anything about my stolen money or lift a finger to help in any way.”source ↗
“I am literally STILL getting push notifications about the store that I have been scammed by.”source ↗
Where this came up
People with this problem also raised
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- 4How to cash out investments for a house down payment
- 5How to clean up a hacked website and fix malware