A popular Ethereum (ETH) wallet is unveiling a new partnership to help victims of crypto scams recover their digital assets.
According to a recent press release, MetaMask, a crypto wallet with over 30 million users created by blockchain technology firm ConsenSys, is teaming up with Asset Reality, a protocol designed for recovering, managing and accessing stolen digital assets.
“Over the last few years, economic activity on Web 3.0 has grown exponentially. While this growth has attracted a number of highly innovative applications that will help redefine the future of financial services and the creator economy, it has also drawn the attention of online scammers and thieves.
Through this partnership, MetaMask and Asset Reality will be helping victims of scams recover their digital assets where possible.”
Asset Reality helps victims of fraud by investigating and building a case for them, taking the pressure off the injured parties while giving them a chance to recover their stolen assets.
MetaMask also says the protocol will link together users who have been defrauded as a way of easing the burden of legal fees and increasing the probability of recuperating lost funds.
“It’s often difficult for scam victims to get sufficient resources and attention. Asset Reality will act as a case handler and will allow multiple victims of a scam to join forces. A larger investigation can be built through this, which increases the likelihood of recovery.”
Says MetaMask co-founder Dan Finlay,
“Through this industry-leading partnership with Asset Reality, ConsenSys and MetaMask want to allow victims to join together, build cases against these scam operations and bring them to justice.”
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inboxCheck Price Action
Follow us on Twitter, Facebook and Telegram
Surf The Daily Hodl Mix
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/GrandeDuc/Natalia Siiatovskaia
