OTC desks can be legitimate liquidity venues or thinly documented brokers that disappear with deposits. Diligence and record-keeping determine later options.
Retain term sheets, chat deal confirmations and wallet addresses for each leg. Keep bank details for fiat legs and any compliance questionnaires you completed.
If funds were sent and tokens or fiat never returned, identify which entity name, jurisdiction and banking or exchange accounts were used. Marketing Telegram handles alone are weak defendants.
Counsel will assess whether the desk touched regulated rails and whether contracts support civil claims. Sparse documentation lowers realistic recovery prospects.
Disclaimer: This article provides general information only. It is not legal advice and does not guarantee recovery in any matter.