HomeCrypto for AdvancedWho are cryptohunters?

Who are cryptohunters?

Who are cryptohunters?

To put it in simple terms, individuals or firms that look for lost or stolen cryptocurrencies are known as cryptohunters. They could also assist in the recovery of forgotten passwords and private keys. Currently there is around 20% of Bitcoin in circulation, that is either locked or lost.

Cryptohunters look for and retrieve misplaced, inaccessible, or stolen cryptocurrencies in collaboration with cryptocurrency holders and law enforcement organizations. These people or organizations specialize in retrieving or breaking into digital wallets. They may employ contemporary supercomputers to crack private keys, as well as psychological techniques like as hypnotherapy on wallet owners to aid in the recovery of cryptocurrency. Cryptohunters who advertise their services online usually look for fundamental information, such as the last remembered private key and other details that people might use when establishing their private keys (such as dates of birth, pet names, etc). Cryptohunters then take these fundamental data and run them through their own computer programs, to generate hundreds of thousands of possible combinations. These combinations are then used one by one in an attempt to crack the protected wallet keys.

There are many different types of cryptohunters. Some examples can include companies, that will do the service for you. They are usually using software, which creates thousands of possible passwords, which are then used in an attempt to access the wallet. Some other services can also include data recovery, which would search for password hints in text files.

But not only computer experts are in this business. There are also people, that use hypnotherapy to unlock the subconscious and tries to help the customer to remember the password. Then there are cryptohunters who track down the crypto thefts and scams, etc.

Depending on which cryptohunters one pick to recover their cryptocurrencies there are different fees they charge. Some of them have fixed amount, which is agreed upfront, but some of them want around 20% o recovered crypto. So, on one hand they charge rather high percentage fee, but on the other hand one is not able to access their crypto assets, so it seems like a fair deal. Many of hunters also do not charge fees if they are not able to recover the lost crypto.

If you are concerned if cryptohunters are legal, you don’t need to be. Many of crypto hunting agencies work with customer himself as well as with law enforcement, so there will be no misunderstanding in the future.

 

Check out other levels

We use cookies to store, access and process personal data to give you the best online experience. By clicking Accept Cookies you consent to storing all cookies and ensure best website performance. You can modify cookie preferences or withdraw consent by clicking Cookie Settings. To find out more about cookies and purposes, read our Cookie Policy and Privacy Policy

Cookies settings


Cookie Control


What are cookies?

Cookies are small text files that enable us, and our service provides to uniquely identify your browser or device. Cookies normally work by assigning a unique number to your device and are stored on your browser by the websites that you visit as well as third-party service providers for those website. By the term cookies other technologies as SDKs, pixels and local storage are to be considered.


If Enabled

We may recognize you as a customer which enables customized services, content and advertising, services effectiveness and device recognition for enhanced security
We may improve your experience based on your previous session
We can keep track of your preferences and personalize services
We can improve the performance of Website.


If Disabled

We won't be able to remember your previous sessions, that won't allow us to tailor the website according to your preferences
Some features might not be available and user experience reduced without cookies


Strictly necessary means that essential functions of the Website can not be provided without using them. Because these cookies are essential for the properly working and secure of Website features and services, you cannot opt-out of using these technologies. You can still block them within your browser, but it might cause the disfunction of basic website features.

  • Setting privacy preferences
  • Secure log in
  • Secure connection during the usage of services
  • Filling forms

Analytics and performance tracking technologies to analyze how you use the Website.

  • Most viewed pages
  • Interaction with content
  • Error analysis
  • Testing and Measuring various design effectivity

The Website may use third-party advertising and marketing technologies.

  • Promote our services on other platforms and websites
  • Measure the effectiveness of our campaigns