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Crypto Basics

Clear, jargon-free explanations of the blockchain concepts you need to understand your case and protect yourself going forward.

7 articles

Crypto Basics

What Is a Crypto Wallet Address? A Plain-English Guide

A wallet address is the single most useful piece of evidence in a crypto scam — it is where your money went and the thread investigators follow. Here is what an address is, how to read one, and how to check it before you ever hit send.

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Crypto Basics

Private Key vs Seed Phrase: What They Are and Why They Matter

Almost every catastrophic crypto loss comes down to one thing: someone got your seed phrase or private key. Understanding what they are — and the single rule that protects them — is the most important security knowledge a crypto holder can have.

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Crypto Basics

How to Use a Blockchain Explorer to Follow Your Money

You do not need to be an investigator to see where your money went. A blockchain explorer is a free, public search engine for the ledger — and knowing how to use it lets you follow your own funds and build stronger evidence for your report.

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Crypto Basics

Seed Phrase Phishing and Wallet Drainers: How Wallets Get Emptied

Self-custody puts you in control — and makes you the only line of defense. Almost every 'hacked wallet' traces back to a revealed seed phrase or an approved malicious transaction, not a broken blockchain. Here is how draining scams work and the habits that keep your wallet safe.

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Crypto Basics

How to Trace Stolen Crypto on the Blockchain

Crypto theft is recorded forever on a public ledger. This plain-language guide shows how funds are traced across wallets to the exchanges where identity checks apply — and where your own tracing ends and law enforcement begins.

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Crypto Basics

7 Red Flags of a Crypto Scam (Check Before You Invest)

Nearly every crypto scam shows the same warning signs. Use this checklist to evaluate any opportunity, platform, or advisor before you risk a single dollar.

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Crypto Basics

What Is a Transaction Hash? And Why Your Fraud Report Needs One

A transaction hash is the permanent, public receipt for every crypto transfer. Understanding it turns a confusing case into traceable evidence investigators can follow.

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Were you the victim of a crypto scam?

Knowledge is your first defense — but if it has already happened, the most important step is reporting it properly. Scambulance guides you through every step, free.