Seeking Help to Recover BTC After a Swap Issue

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luckydefiMember
Posts: 9 · Reputation: 63
#1Apr 30, 2022, 02:38 PM
Hey all, I really need some help here. Gonna give 20% of whatever I can recover to anyone who can guide me. Here's the deal: I bought some BTC with a rune token called Gizmo, dropped around $10K for about 200K tokens through Magic Eden. After that, I saw $600 in BTC in my wallet, thought it was leftover from the Gizmo buy, so I moved it to Coinbase.
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orbit1337Senior Member
Posts: 434 · Reputation: 941
#2Apr 30, 2022, 08:52 PM
Seems like you might be confused. From what I gather, on the Bitcoin blockchain, only Bitcoin exists. Everything else like "Runes" is just creatively marketed stuff to lure in newbies. You paid $10K for what's basically $600 worth of BTC. Looks like someone got the better of you.
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luckydefiMember
Posts: 9 · Reputation: 63
#3May 1, 2022, 03:05 AM
Thanks for the kick while I’m down... I get it, saying there’s nothing I can do is a bit harsh right now.
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orbit1337Senior Member
Posts: 434 · Reputation: 941
#4May 3, 2022, 02:00 PM
Just trying to help others avoid getting scammed like this. If my post stops someone else from falling for it, that’s worth it.
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luckydefiMember
Posts: 9 · Reputation: 63
#5May 3, 2022, 08:04 PM
Not saying you got scammed but sounds like you were a bit careless. Didn’t check how the runes worked, huh? But hey, we all start somewhere. Looking for solutions, just trying to figure out what’s next.
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gang2015Member
Posts: 693 · Reputation: 62
#6May 3, 2022, 09:03 PM
I checked a couple of block explorers, and they show your Bitcoin address has a bunch of GIZMO tokens. Not really my thing, but here’s what I found: you got around $5641 in GIZMO, maybe some more BTC. Check it out if you can.
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orbit1337Senior Member
Posts: 434 · Reputation: 941
#7May 4, 2022, 02:21 AM
Yeah, it’s just another hype train riding on the backs of gullible investors. It’s been altcoins, ICOs, and now runes. All of them leading to the same place: creators cashing out while others hold the bag.
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luckywolfMember
Posts: 3 · Reputation: 40
#8May 4, 2022, 07:53 AM
So, just to clarify, you bought GIZMO worth $10K, correct? And now you’re saying you don’t own the wallet where it’s at? If you sent your coins to Coinbase, they need to be able to help you... unless you did a swap.
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maxi100Newbie
Posts: 114 · Reputation: 26
#9May 4, 2022, 01:38 PM
And what about all the other derivatives? Lightning Network, altcoins, the whole scammy ecosystem? Some trends up, others lead to folks losing money fast.
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luckydefiMember
Posts: 9 · Reputation: 63
#10May 4, 2022, 05:50 PM
Hey, just wanted to clear things up. I messed up explaining it all. I'll lay everything out so maybe someone can help me. I got some BTC with Gizmo tokens through Magic Eden. They are specific to certain satoshis.
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whale420Senior Member
Posts: 734 · Reputation: 853
#11May 4, 2022, 10:43 PM
You sent your BTC to Coinbase, right? But if they don’t own it, how can they help? Unless it’s a self-custody wallet, you’re kind of stuck.
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luckydefiMember
Posts: 9 · Reputation: 63
#12May 5, 2022, 12:40 AM
Just to clarify: my swap was made via Coinbase, not a self-custody wallet, standard exchange. If you want the TX ID, here it is.
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gang2015Member
Posts: 693 · Reputation: 62
#13May 5, 2022, 06:44 AM
Got it! So, after swapping, the BTC that had the Gizmo inscription is out of your control? Coinbase might have moved it to their own system.
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luckydefiMember
Posts: 9 · Reputation: 63
#14May 5, 2022, 12:35 PM
Honestly, at this point, you could shout out on social media or forums to find the owner of that wallet. But don’t expect much, info isn’t easily available.
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gang2015Member
Posts: 693 · Reputation: 62
#15May 6, 2022, 08:08 AM
If I wanted to dig deeper, which services should I look into? Seems like a dead end, but I’d like to try.
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luckydefiMember
Posts: 9 · Reputation: 63
#16May 6, 2022, 02:21 PM
You don’t want to waste time or money on that! Most of these services probably won’t yield helpful results unless you get super lucky.
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luckydefiMember
Posts: 9 · Reputation: 63
#17May 7, 2022, 02:50 AM
Still on this quest. Desperate for solutions. There’s gotta be a way to recover my assets.
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Posts: 125 · Reputation: 3
#18May 7, 2022, 05:16 AM
UPDATE: The runes got moved! I found the new address. Any way to figure out who owns it? I really need help here.
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luckydefiMember
Posts: 9 · Reputation: 63
#19May 9, 2022, 03:14 PM
Looks like these transactions followed your original pattern, probably back in Coinbase’s hands again. If they couldn’t help before, likely not much you can do.
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orbit1337Senior Member
Posts: 434 · Reputation: 941
#20May 10, 2022, 11:43 AM
Thanks for the insight. But if it gets transferred again, how would I even reach out to the new owner?
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