{"id":16561,"date":"2024-09-11T12:28:05","date_gmt":"2024-09-11T12:28:05","guid":{"rendered":"https:\/\/gridinsoft.com\/blogs\/?p=16561"},"modified":"2025-04-06T19:07:07","modified_gmt":"2025-04-06T19:07:07","slug":"cryptocurrency-recovery-scams","status":"publish","type":"post","link":"https:\/\/gridinsoft.com\/blogs\/cryptocurrency-recovery-scams\/","title":{"rendered":"Crypto Recovery Scams: How to Protect Yourself from Secondary Fraud"},"content":{"rendered":"

Crypto recovery scams are a specific type of fraud targeting individuals who have already lost money in cryptocurrency scams. In these schemes, fraudsters pose as professional recovery agents, promising to help victims reclaim their funds. Instead, they charge fees comparable to the victim’s initial loss, effectively scamming them a second time.<\/p>\r\n\r\n

Understanding Crypto Recovery Scams<\/h2>\r\n\r\n

While cryptocurrency hype may have cooled, related scams remain prevalent. Crypto recovery scams specifically target people already victimized by crypto fraud, exploiting their desperation to recover lost assets.<\/p>\r\n\r\n

Statistics on Cryptocurrency Fraud Losses<\/h3>\r\n\r\n\r\n
\r\n \r\n Cryptocurrency Fraud Losses by Year (million $)<\/title>\r\n \r\n \r\n \r\n Cryptocurrency Fraud Losses (2020-2023)<\/text>\r\n \r\n \r\n \r\n 2020<\/text>\r\n 2021<\/text>\r\n 2022<\/text>\r\n 2023<\/text>\r\n \r\n \r\n \r\n 0<\/text>\r\n 1,000<\/text>\r\n 2,000<\/text>\r\n 3,000<\/text>\r\n 4,000<\/text>\r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n 1,200<\/text>\r\n 2,800<\/text>\r\n 3,800<\/text>\r\n 3,000<\/text>\r\n <\/svg>\r\n

Source: Federal Trade Commission (FTC)<\/a>, data for 2020-2023<\/em><\/p>\r\n<\/div>\r\n\r\n\r\n

Cryptocurrency can be lost due to various reasons, from technical issues like hardware wallet malfunctions to human error. However, scammers primarily target victims of fraudulent investment schemes<\/strong> rather than technical mishaps. We’ve previously covered various types of cryptocurrency fraud<\/a>.<\/p>\r\n\r\n

This article focuses specifically on “cryptocurrency recovery agencies” \u2014 fraudulent services that prey on people who have already been scammed, luring them into yet another deceptive trap. The rise of cryptocurrency scams on social media<\/a> has made these secondary scams increasingly common in recent years.<\/p>\r\n\r\n

Examples of Fraudulent Recovery Services<\/h3>\r\n\r\n\r\n \r\n \r\n \r\n \r\n \r\n \r\n
Domain<\/th>\r\n Description<\/th>\r\n Registration Date<\/th>\r\n Status<\/th>\r\n <\/tr>\r\n
Againstcon.com<\/a><\/td>\r\n Site masquerading as a crypto recovery service, likely fraudulent<\/td>\r\n 2023-02-09<\/td>\r\n Active<\/td>\r\n <\/tr>\r\n
Refund-it.info<\/a><\/td>\r\n Suspicious site offering services to recover lost funds from unregulated companies<\/td>\r\n 2025-02-26<\/td>\r\n Active<\/td>\r\n <\/tr>\r\n
Walletblockchain.net<\/a><\/td>\r\n Deceptive site offering fake solutions for recovering cryptocurrencies<\/td>\r\n 2024-07-17<\/td>\r\n Active<\/td>\r\n <\/tr>\r\n
Leeultimatehacker.com<\/a><\/td>\r\n Scam site promising to hack accounts to recover lost funds<\/td>\r\n 2024-04-05<\/td>\r\n Active<\/td>\r\n <\/tr>\r\n
Fiordintel.net<\/a><\/td>\r\n Phishing site pretending to be a service for tracking and recovering cryptocurrencies<\/td>\r\n 2025-02-21<\/td>\r\n Active<\/td>\r\n <\/tr>\r\n<\/table>\r\n\r\n
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You can conduct your own investigation using our Inspector API<\/strong> by performing a search with the tag “Recovery Service<\/strong>” here<\/a>.<\/p>\r\n<\/div>\r\n\r\n

How Crypto Recovery Scams Work<\/h2>\r\n\r\n

Victim Targeting Methods<\/h3>\r\n\r\n