Friday, September 22, 2023
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Ethereum (ETH) Wallet With Over 30 Million Users Unveils Partnership To Assist Victims of Crypto Asset Scams

The popular Ethereum (ETH) wallet has announced a new partnership to help victims of crypto fraud recover their digital assets.

According to recently press release, Created by blockchain technology company ConsenSys, the cryptocurrency MetaMask, with more than 30 million users, has partnered with Asset Reality, a protocol designed to recover, manage and access stolen digital assets.

“In the last few years, Web3.0’s economic activity has grown exponentially. This growth has attracted many highly innovative applications that help redefine the future of financial services and the creator economy. However, it is also attracting the attention of online fraudsters and thieves.

Through this partnership, MetaMask and Asset Reality will help victims of fraud recover as much digital assets as possible. ”

Asset Reality assists victims of fraud by investigating and filing proceedings, relieving the pressure of the injured and giving them the opportunity to recover the stolen assets.

MetaMask also has a protocol Link Together with fraudulent users as a way to reduce the burden of legal costs and increase the likelihood of recovering lost funds.

“It is often difficult for fraud victims to get enough resources and attention. Asset Reality acts as a case handler, allowing multiple victims of fraud to work together, which is larger. The chances of recovery increase because you can build a scam. ”

Dan Finlay, co-founder of MetaMask, said:

“Through this industry-leading partnership with AssetReality, ConsenSys and MetaMask want victims to join together, file proceedings against these frauds, and bring them to justice.”

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Featured images: Shutterstock / GrandeDuc / Natalia Siiatovskaia

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