Reported to the FTC - Lost 88% of a BTC worth 105K!
Reported to the FTC - Lost 88% of a BTC worth 105K! I reported this site to the FTC FRAUD DEPT! I answered all of their questions and the relevant info I sent in the comments of the report is below: REPORT COMMENTS: From my new research (after the theft), it looks like walletgenerator (which automatically forwards from com to net) may get a copy of BTC Paper wallets, even when printed offline, that are generated using their website. I'm not sure how it's even possible! I sent BTC from an old 2018 paper wallet (because somebody attempted to sweep that wallet recently and steal the funds) to two new paper wallets, using an Exodus wallet in May, and thought all was secure after seeing that the transfers were confirmed on the blockchain. Now, when I went to transfer the funds at the end of July (from the paper wallet(s) generated on this site), to another wallet, the balance is 0.00 ! I checked the other wallet and it also has a zero balance! Both wallets had tests for a few dollars first and that $ is gone too. It was one whole BTC; I left approx 12% in Exodus, sent 38% to one paper wallet and 50% to the other! In the end I lost 88% of a BTC worth 105K at the time !!! The funds were stolen several days after I transferred funds to them on May 26, 2025 - the thief emptied the wallets on June 4, 2025, and if you follow the wallets, there are dozens and dozens of wallets involved; one of the ending point wallets had 37 transactions equaling over 900K, and now has a balance of $118, so this is a very sophisticated and big (wealthy) ring of criminals. I now see that this website owner had changed hands and there were a couple crypto investigative articles regarding malicious code that enabled mirroring of some sort of the wallets generated using this site and there are warnings on Reddit, but I only checked Trust Pilot and had seen that I had printed wallets from this site years ago in my files, was in a panic, and I've never heard of paper wallets being unsafe. I thought they were the safest way to hold crypto - offline. Why is this website still up after those articles proved they had malicious code they were changing back and fourth? Is there a compensation fund for victims of this website scam? How many reports do you have on this website? Is there anyway to get the funds back? Could an attorney help recover funds? Please advise. Thank you! END OF REPORT - IF ANYBODY READING THIS KNOWS WHO THE OWNER OF WALLETGENERATOR IS, PLEASE POST IT OR ANY OTHER HELPFUL INFO!
By Andy J.