Hello Council members, 

I'm writing this as a recently affected victim of a PolkaDOT Airdrop Scam. This was a Socially Engineered that involved a Youtube Video, a website with an address to send to, and a claim to send 2x tokens back. 

I now understand that this is a pattern that the scammers are using - However, I was gullible and fell for the trap. I'm a relatively new Cryptocurrency User and did not have the regular sanity checks in place that most veterans in this Crypto space have when encountering such questionable offers. 

I humbly request the Council to consider enabling some kind of mechanism to reverse fund transfers in case of Scams being reported against a particular address/set of addresses/transactions. I feel that this can be especially valuable to new users of PolkaDOT and to Cryptocurrency in general as we are easy prey for these scammers. 

I also see the general sentiment in the community that "If you got scammed, It's on you - There's nothing that can be done".. 
However, when we look at Mainstream Monetary services such as Paypal, One of their most useful features is the fact that fraudulent transactions can be reversed if the request is legitimate. While this does introduce a somewhat "Centralised Authority" in these organisations, I feel that a similar function can be implemented in the Cryptocurrency Space as mainstream adoption will demand that such features are carried over from the traditional Monetary Space. 

This will also make it less lucrative for Scammers to operate on these Networks, especially when a group of people can vote to completely reverse the flow of scammed money out of their accounts or freeze those accounts altogether. 

I'm not a technical expert, and It's hard for me to suggest how we would implement something like this on the Polkadot Network. However, Im a Product Manager by profession and when we look at the "User side" of things, being able to support those who've legitimately been scammed of their funds for whatever oversight of theirs would be one of the top things that could make a Cryptocurrency or Token highly attractive to Mainstream Retail Users. I for sure would rejoice at the possibility that Im not constantly in the Wild West when I'm translating my value in the Cryptocurrency space.   

My Loss : 
I lost 2374 DOT worth approx. 34000 EUR on Jan 19 at 1AM. I am devastated by this incident and am at a loss of words to describe my emotional state. 
[https://polkadot.subscan.io/account/14KcwxS19QFZmcfe43MRvZh5D7RCS2XNpuGYGP3C9bQyBER1
](URL)

I really wish there was something that could be done to recognise the legitimacy of a request of the kind that I'm making and help to take the funds back from the addresses who have scammed hundreds of people like me. 

This is my humble plea - I really hope that someday I'll be able to recover those funds back to my account. 

I hope I've provided some food for thought. 

Thank you all for reading through the end. 

Best,
Faheem Hasan  




- The person writing the post fell for a scam involving PolkaDOT tokens.
- They are requesting the Council to consider a mechanism to reverse fund transfers in case of scams.
- They mention that mainstream monetary services like Paypal have the ability to reverse fraudulent transactions.
- They suggest that implementing a similar function in the cryptocurrency space would make it less lucrative for scammers.
- They lost 2374 DOT tokens worth approximately 34000 EUR and hope to recover the funds.

#268 Reversal of Transfer for affected victims of PolkaDOT Scams

No Active Proposals