Is the crypto “recovery service” a scam?
RED — high risk
Scam — a second scam that preys on victims of the first.
If you lost money to a crypto scam and someone now offers to “recover” it — via DM, comment, or ad — for an upfront fee or by accessing your wallet, it's a recovery scam. They target known victims precisely because they're desperate.
How to tell
- Upfront fee
Legitimate help is never an upfront payment to a stranger who contacted you. The fee is the scam.
- They contacted you
Unsolicited DMs/comments offering recovery — especially on the post where you mentioned losing money — are bait.
- Wallet access or seed phrase
Anyone asking for your seed phrase or remote wallet access will drain whatever is left.
Is there a real version?
There is no service that can guarantee reversing a blockchain transaction. Real recourse is reporting to law enforcement (IC3.gov), the FTC, and the exchange involved — none of which charge you upfront or DM you first.
What to do
Don't pay and don't share wallet details. Report the original scam at ic3.gov and reportfraud.ftc.gov. Block anyone offering recovery.
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FAQ
But they showed proof they recovered others' funds?
Screenshots and testimonials are fabricated. No one can guarantee reversing a confirmed blockchain transaction.
Is any recovery possible?
Sometimes, via law enforcement and exchanges freezing funds — but only through official channels that never charge you upfront.