A recovery scam is a cruel second strike aimed at victims of an earlier scam. Fraudsters pose as “fund recovery experts”, hackers-for-hire, or even law enforcement, claiming they can trace and return your lost crypto. They demand an upfront fee or your wallet details, then take more money and deliver nothing.<\/p>\n
This matters because losing money once makes people desperate, and that desperation is exactly what these scammers exploit. They often find victims by trawling public complaints about earlier scams.<\/p>\n
Example: after you post about being scammed, someone messages claiming they helped others recover funds and can help you too, for a fee paid in advance. The recovery never happens, and the fee is gone.<\/p>\n
Safety note: no legitimate service can reverse a completed blockchain transaction, because on-chain transfers are final. Anyone guaranteeing recovery for an upfront payment is running a scam. Never pay a stranger to recover funds and never share your seed phrase for “recovery.” Report the original theft to real authorities through official channels instead. Related terms include advance-fee scam, impersonation scam, pig butchering, and on-chain.<\/p>\n","protected":false},"excerpt":{"rendered":"
A follow-up fraud targeting people who already lost crypto, falsely promising to recover the stolen funds for an upfront fee.<\/p>\n","protected":false},"template":"","meta":[],"class_list":["post-118","glossary","type-glossary","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/tokenspin.de.com\/de\/wp-json\/wp\/v2\/glossary\/118","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tokenspin.de.com\/de\/wp-json\/wp\/v2\/glossary"}],"about":[{"href":"https:\/\/tokenspin.de.com\/de\/wp-json\/wp\/v2\/types\/glossary"}],"wp:attachment":[{"href":"https:\/\/tokenspin.de.com\/de\/wp-json\/wp\/v2\/media?parent=118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}