BankSocial® Secura™, the cutting-edge platform redefining digital asset enforcement in the Web3 landscape, is making waves with its innovative features and unparalleled benefits. Backed by a global alliance of industry leaders, BankSocial® Secura™ stands out as the trusted enforcement engine in the ever-evolving realm of Web3.
Headquartered in Dallas, Texas, BankSocial® Secura™ has forged strategic partnerships with major blockchain players such as Hedera, XRP, Algorand, Cardano, and Ethereum. With a track record of tracing over $250 million in scams and recovering more than $20 million in assets, the platform is setting a new standard in fraud prevention within the digital asset space.
Established in 2021 alongside the launch of the BSL DAO LLC, BankSocial® led the industry with a security-first approach, introducing pioneering smart contract-based freeze and recovery mechanisms. These early innovations have now become indispensable tools in the fight against malicious activities targeting digital assets.
In early 2024, BankSocial® Secura™ demonstrated its proactive security measures by identifying extensive vulnerabilities across multiple decentralized ecosystems, including the Hedera network. What began as an internal security initiative swiftly evolved into a global enforcement operation, drawing widespread attention and support from affected users worldwide.
Responding to a surge in requests for assistance, BankSocial® Secura™ expanded its outreach efforts and investigative capabilities, collaborating with legal experts, law enforcement agencies, and blockchain leaders across various regions. The result was a significant crackdown on frozen assets, closure of scam sites, identification of bad actors, and the establishment of a robust enforcement network dedicated to cleaning up Web3.
By mid-2024, BankSocial® officially launched Secura™, a state-of-the-art asset security platform powered by AI and DLT technologies. This platform proactively prevents, tracks, traces, and recovers assets exposed to phishing campaigns, scam tokens, and memo field exploits across major blockchains like Hedera, Ethereum, XRP, and Bitcoin. Notably, many long-standing scams dating back to 2022 were unearthed by BankSocial® Secura™.
Transparency and swift action are core tenets of Secura™’s mission. In a landscape where victims often face silence and neglect, BankSocial® responded with tangible solutions, documentation, and commitment to accountability.
In September 2024, a pivotal moment emerged when a wallet linked to the BSL DAO LLC fell victim to external malware and social engineering tactics. BankSocial® promptly engaged forensic experts, activated law enforcement channels, and assured users of the platform’s uncompromised systems through independent reviews.
Through a thorough investigation, BankSocial® traced the breach to a rogue developer within the Hedera ecosystem, linked to multiple scam funding wallets. Following evidence submissions to key agencies like the FBI and Secret Service, the individual vanished from the community in January 2025.
As BankSocial® Secura™ evolves, it has garnered support from major players like Google Cloud, Chainalysis, IBM, and The Hashgraph Association. The platform is not just a security tool anymore but is transforming into the enforcement layer for decentralized finance, ensuring a secure and open digital finance landscape for all users.
BankSocial® CEO John Wingate remarked, Web3 doesn’t have to mean risk without recourse. We’re demonstrating that digital finance can be both open and secure, with tangible plans, real results, and robust user protections.
As threats in the digital realm grow in complexity, BankSocial® Secura™ continues to prove that safeguarding the future of finance is just as essential as building it.
