The FBI has issued a warning regarding law firms claiming to offer services of cryptocurrency recovery. These are all scams, so do not trust them!

In its official statement, the agency outlined suspicious practices used by such firms to exploit the funds of potential victims. Law enforcement officials note that users who have lost access to their crypto assets are particularly vulnerable.

The FBI emphasizes that fraudsters are constantly refining their social engineering tactics and targeting digital assets. Elderly individuals, already victimized by other scams, remain the primary targets.

Most often, criminals are highly skilled in psychology. They know how to influence potential victims and often pose as representatives of non-existent government or regulatory agencies to gain trust.

The scheme is fairly straightforward: fraudsters claim that victims’ funds are held in a foreign bank account, and to recover them, victims must register an account with the specified bank. The website provided is, in fact, a fraudulent platform, ultimately leading victims to lose their savings.

To avoid falling victim to such schemes, the FBI recommends adhering to a “zero-trust” approach. Besides, individuals should always request legal documentation and identification from representatives of any organization making such claims.