When a scam moves money from your bank into crypto, you often have two doors to knock on at the same time. For a Manchester business owner who lost £67,000 to BlueHubPrime, opening both is what returned 77%.
How it started
A confident “advisor” presented a brokerage that looked thoroughly legitimate — branded paperwork, a polished portal, and reassuring talk of regulation. She transferred savings in tranches to what she believed was a segregated client account.
Where it went wrong
The operation was BlueHubPrime, an unregulated broker in our registry. The “client account” was a money-mule account; her transfers were converted to crypto and moved on. A “compliance hold” and a surprise tax demand blocked her withdrawal.
What we did
We built an authorised-push-payment reimbursement case with her bank for the mule-account transfers, and in parallel obtained the crypto addresses those funds were converted into, tracing them to a consolidation wallet that cashed out via a regulated exchange. Bank reimbursement plus an exchange freeze, run together, recovered the bulk.
About £51,590 was returned — APP reimbursement combined with the frozen exchange balance. A small early tranche cashed out before tracing began was the only loss.
“I didn’t know you could go after the bank and the blockchain at the same time. Cryptocule did both, and it worked.”— Client statement, Manchester
What this means for you
If a “regulated” firm asks you to pay an account whose name doesn’t match the firm, verify it only through the regulator’s own published contact details. And if you were moved from bank to crypto, remember there may be two recovery routes — we’ll map both, free, before you decide anything.