The browser-based crypto wallet provider MetaMask has announced that it will attempt to aid users who fall prey to crypto-related scams and phishing attacks in their quests to recoup lost or stolen assets.
In a press release, the wallet provider explained that it has teamed up with the UK-based firm Asset Reality, which specializes in investigating cases of stolen cryptoassets. The deal will see the latter handle individual cases, and the companies said their partnership represented “an industry-first approach in improving digital asset recovery.”
MetaMask claims to have 30 million monthly active users, and added that the arrangement would see Asset Reality provide MetaMask users support “globally.”
The firms explained that “traditional recovery uses civil litigation, and usually involves instructing a lawyer,” which was problematic in the absence of “special crypto processes,” with costs that “can be in excess of USD 75,000” and take long periods of time to complete.
But Asset...
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