Calvin recovers 75 of 100k stolen in Swisscapital Fx crypto scam

Calvin, a victim of a sophisticated cryptocurrency scam, successfully recovered over $75,000 in assets that had been trapped in a fraudulent trading platform known as Swisscapital Fx [1]. Initially lured by the promise of high returns, Calvin invested over $100,000 from his Binance account, primarily in Bitcoin, through a broker introduced to him on an online forum. The broker, who claimed to represent a legitimate trading opportunity, quickly guided Calvin through the onboarding process [1].

However, the illusion soon unraveled. As Calvin attempted to withdraw his funds, the platform began citing “technical delays” and “regulatory verification” as reasons for the hold. Eventually, the platform stopped responding altogether, leaving Calvin locked out of his account with no access to his digital assets [1]. When he turned to his bank for assistance, he was met with a blunt response: “You authorized the transaction via Binance, and since it’s crypto, we cannot reverse it” [1].

Feeling hopeless, Calvin nearly gave up. But after stumbling upon an old Quora post from Norton Intelligence, he decided to reach out to their Digital Asset Recovery Team [1]. Within days of submitting detailed evidence—such as screenshots, wallet addresses, and broker information—the recovery process began [1].

Norton Intelligence first traced the blockchain movement of Calvin’s funds using advanced forensic tools. The investigation revealed that his assets had been redirected into multiple wallets, some of which were linked to known scam networks flagged by Interpol and private cybersecurity databases [1].

Next, the team reconstructed a digital footprint using IP logs, email headers, and metadata from Calvin’s communications. This digital trail was critical in establishing the connection between Calvin’s case and other reported incidents involving Swisscapital Fx [1].

A formal case file was then compiled, including verified blockchain data and KYC trail information, and submitted to relevant authorities, law enforcement, and exchanges such as Binance for further action [1].

By coordinating with decentralized exchanges, token issuers, and anti-scam intelligence networks, the team managed to flag the fraudulent wallets and intercept a portion of the funds in transit. As a result, over $75,000 worth of assets were successfully returned to Calvin [1].

Despite the partial recovery, Calvin remains hopeful for the return of the remaining $25,000. His experience underscores the growing prevalence of fake trading platforms and the urgent need for robust asset recovery mechanisms [1].

Norton Intelligence continues to assist victims of similar scams, highlighting the importance of due diligence and awareness in the crypto space [1]. Calvin’s story serves not only as a testament to successful recovery but also as a cautionary tale for others who may find themselves in the same situation.

Source: [1] Crypto Asset Recovery: How Calvin Recovered Over $75,000 Trapped in a Fake Crypto trading Platform (https://coinmarketcap.com/community/articles/689c9223eb83fa2493c37fc2/)