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Protecting Crypto Victims: Beware of Recovery Scams

Updated: Jul 10, 2023

In the rapidly evolving landscape of cryptocurrencies, incidents of fraud and theft have unfortunately become all too common. As victims seek to recover their lost funds, they often find themselves susceptible to another threat—recovery scams. These scams prey on vulnerable individuals who lack comprehensive knowledge of cryptocurrencies, leading them into a downward spiral of financial loss. In this article, we shed light on the dangers of recovery scams and provide guidance to potential victims and fellow investigators on how to protect themselves and others.

The Perils of Recovery Scams:

Recovery scams exploit the desperation and vulnerability of crypto victims who are desperately seeking assistance. Unaware of the complexities involved in tracing and tracking crypto funds, victims unknowingly reach out to individuals or entities claiming to be recovery experts. These scammers promise to retrieve lost funds but ultimately deceive victims into parting with even more money.

Identifying Recovery Scams:

To protect oneself from recovery scams, it is crucial to be aware of common red flags. Here are some warning signs to look out for:

  1. Unsolicited contact: Scammers often initiate contact through unsolicited emails, phone calls, or social media messages claiming they can help recover lost funds. Legitimate recovery services typically require victims to reach out first.

  2. Requests for upfront payment: Recovery scammers will demand an upfront fee or request personal information, such as credit card details or cryptocurrency wallet passwords, as a prerequisite for their services. Legitimate firms usually operate on a contingency or success-based fee structure.

  3. Guarantees of success: Recovery scammers commonly make bold promises of guaranteed fund recovery, exploiting victims' hope and desperation. Legitimate firms cannot guarantee a successful recovery due to the complex nature of crypto transactions.

  4. Lack of transparency: Genuine recovery services will provide clear and verifiable information about their team, credentials, and success stories. Scammers, on the other hand, often hide behind fake names, untraceable email addresses, and inaccessible websites.

Notable Recovery Scam Entities:

Here are some known recovery scam accounts, phone numbers, and email addresses identified as potential threats. Please exercise caution and avoid engaging with these entities:





  • junictech


  • Daveutillities

  • PhantomGeeks

  • GrindTechie

  • globalspytech

  • Daveutillites

  • u/Conscious-Tree6981

  • geektechtools


Phone Numbers:

  • +1 (828) 559-1518‬

  • +1 (541) 240-9985


Scambaiting: A Countermeasure Against Scammers:

One approach to combat scammers is scambaiting, a method that involves engaging with scammers to waste their time and hinder their ability to target additional victims. By keeping scammers occupied, scambaiting can play a role in mitigating their impact. However, scambaiting should only be pursued by individuals who fully understand the risks involved and feel comfortable in continuing conversations with scammers.

Expanding the Awareness: Reporting and Identifying New Scams:

To enhance collective knowledge and protect potential victims, it is crucial to share information about recovery scams and other fraudulent activities. If readers are aware of additional scams or have fallen victim to recovery scams not listed here, we encourage them to reach out and share their experiences. By raising awareness, we can collectively combat these threats and prevent others from falling into the same traps.

Stay Vigilant

In the world of cryptocurrencies, recovery scams pose a significant threat to individuals seeking to reclaim their lost funds. Victims, often unaware of the complexities involved, fall prey to scammers who exploit their desperation. By recognizing the warning signs and understanding the modus operandi of recovery scams, individuals can safeguard themselves and their finances. Additionally, the practice of scambaiting, when executed with caution, can help disrupt scammers' operations. Together, let us stay vigilant, report scams, and contribute to the global fight against financial fraud in the crypto world.

List of Crypto Scams

Here is a list of scams. If you need to search for a scam not in the list, just try searching in the page, which will include comments of scams.

Check back regularly as this article will be updated.

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