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FBI updated alert on crypto recovery scams

Public Sector Action
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Summary

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The FBI issued an updated alert warning that crypto recovery scams are using fictitious law firms and government impersonation to target victims again. The warning matters because these schemes exploit people who already lost money and can turn a prior fraud into a second theft. The agency urged people to verify credentials and treat unexpected recovery offers with skepticism.

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Timeline

  1. 14.08.2025 09:46 1 articles · 9mo ago

    FBI updated alert on crypto recovery scams

    Initial Disclosure

    The FBI issued an updated alert warning that cryptocurrency scam victims are being approached by fictitious law firms and impersonators on social media and messaging platforms who falsely claim they can recover stolen funds, only to defraud them again. The alert urged people to verify law licenses, request video verification or documentation, confirm government-employment claims, and distrust unexpected recovery offers, noting that victims further exploited by fictitious law firms reported more than $9.9 million in losses between February 2023 and February 2024.

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