After an investment loss, scammers may approach victims claiming they can recover cryptocurrency or funds in exchange for advance fees or wallet access.
How to protect yourself
- Be skeptical of guaranteed recovery promises.
- Do not share wallet recovery phrases or private keys.
- Avoid paying unexpected advance fees to unknown recovery services.
- Preserve messages and transaction records if you suspect fraud.
If you believe you have been a victim of fraud, contact the relevant financial institution or appropriate authorities through independently verified contact information.