In brief
- MetaMask is paying an investigative firm called Asset Reality.
- The process will help users respond to token and NFT hacks.
If someone steals your credit card or goes on a shopping spree with your debit card, there’s a good chance Visa or your bank will reverse the charges and help you untangle the mess. But for fraud victims in the crypto realm, the experience is very different.
“If you lose your crypto, it’s a very humbling and lonely experience. And the amount of people who get scammed twice is huge,” says Aidan Larkin, CEO of investigation firm Asset Reality, who notes that victims are often preyed on a second time when they seek help getting their crypto back.
That’s why Larkin’s company is partnering with leading crypto wallet MetaMask on a new service that could make the process of seeking help less miserable. And it could also improve the chances of victims getting their crypto back.
On Thursday, MetaMask announced a plan to put hacking victims in touch with Asset Reality. The investigative firm may then help victims band together and, in some cases, put them in touch with lawyers, forensic services and law enforcement.
“Victims of scams often have difficulty getting sufficient resources and attention from law enforcement. Asset Reality’s offering allows multiple victims of a scam operation to join forces and build a larger forensic investigation against a scam operation,” said MetaMask in a statement. “They will take the heavy lifting off the users to…
