New York, NY – Sept. 10, 2021 – Virtually everyone around the globe has heard about the German programmer that lost a potential $220 million in cryptocurrency when he forgot his digital wallet password. To address the situation of lost passwords and the recovery of digital funds, Eran Cohen created CryptoCovery, specializing in crypto data recovery.
“I’ve owned a data recovery lab in Israel for the past 16 years,” said Cohen. “Recently, as cryptocurrencies are getting more popular, the need for crypto wallet recoveries has increased. We decided to start a company dedicated specifically to this task of crypto wallet recovery.”
By their very nature, cryptocurrency wallets are designed for anonymity and enhanced security using encryptions and blockchain technology. CryptoCovery utilizes a multi-phase crypto wallet recovery process that begins with an evaluation of each case and gathering as much information as possible. There is no fee for the evaluation. The company typically charges a percentage of the wallet’s contents upon a successful recovery.
The company has extensive experience with all popular wallets. It’s essential that clients understand that recovering their data can take days, weeks or even months. Much depends on the complexity of the recovery. In addition to recovering wallet passwords and old versions of crypto wallets, CryptoCovery assists in recovering damaged hard drives and damaged cold-storage wallets (such as Trezor and Ledger).
The firm also works with damaged mobile phones, and utilized the most advanced technologies available in the market, cases in which individuals have lost access to their devices, and seed or private keys that aren’t working. The company is also available to help when individuals have transferred crypto funds to the wrong network. Depending on the individual case, the company will send the recovered funds to the customer or provide them with the wallet’s private keys or seed.
CryptoCovery, which is based in New York, has earned a reputation for obtaining results. All techniques used by the firm are based on ethical hacking principles and the highest level of security is maintained. With its unique experience in computer forensics, CryptoCovery is returning millions of dollars to their rightful owners.
For more information, visit: https://cryptocovery.com/
CryptoCovery is a spin-off of Recover IT, a leading computer forensic and digital data recovery lab based in Israel.
Recover IT was founded in 2006, and managed more than 16,000 general data recovery cases that includes those for high-profile Fortune 500 companies, government agencies and the Israeli Police Department. The company has experience with all popular crypto wallets ranging from Bitcoin Core, Ethereum and Electrum to Trezor, Ledger, and Litecoin. Eran Cohen has more than 20 years of experience in data recovery, reverse engineering and information security.