In recent years, I have written many times about the myriad of cryptocurrency scams that have cost people billions of dollars.  According to the FBI, Americans lost more than 11.36 billion dollars to cryptocurrency investment scams in 2025 which represents a 22% increase from 2024..  In some instances, law enforcement has been able to recover some of those lost funds, but in many other instances, the money is lost forever.  According to the FBI, scammers, posing as representatives of companies that falsely claim to be able to recover funds lost to cryptocurrency scams, are luring in victims  through social media, messaging platforms or advertisements. Often the scammers claim affiliation with law enforcement, federal agencies or legitimate legal services providers, but it is all a lie.   In return for a substantial up-front payment, the scammers claim they can recover all of the funds lost to a cryptocurrency scam.  Of course, this is a lie and anyone who pays the fee loses that money.

TIPS

No private company can issue a seizure order to a cryptocurrency exchange.  This is only done by internal processes of the exchanges or in response to court ordered legal process as has been done by the Justice Department.  If you are contacted by any of these companies offering assistance in getting back your lost money, do not give personal information to them as this information can be used to make you a victim of identity theft.

Legitimate law enforcement agencies such as the FBI which works extensively in the area of cryptocurrency scams do not charge any fees for investigating cryptocurrency crimes or for efforts to return funds to people who have been scammed.  If you are a victim of a cryptocurrency scam, you should contact the local office of the FBI for assistance.

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