Active Incident? 24/7 Response →
SleuthX

Beware of recovery scams

No legitimate service can guarantee it will get your money or account back for an up-front fee.

  • The FBI warns that “recovery scheme fraudsters charge an up-front fee and either cease communication with the victim after receiving an initial deposit or produce an incomplete or inaccurate tracing report and request additional fees to recover funds.” These schemes deliberately target people who have already been scammed once.
  • Never pay an up-front feeto a company that contacts you promising to recover lost funds, accounts, or cryptocurrency — especially if they ask for payment in gift cards, wire transfer, or cryptocurrency.

FBI sources: IC3 Public Service Announcement I-081123-PSA · FBI San Diego — Seizes Cryptocurrency Recovery Websites

For Individuals & Families

Can Stolen Crypto Be Recovered? The Honest Odds

Recovery is possible in a narrow set of cases — regulated institutions, fast action, funds not yet withdrawn. Outside that, be very skeptical of anyone promising a refund.

All articles·7 min read·June 29, 2026

The honest answer first

In most cases, no — crypto sent to a scammer is nearly always gone for good. A public-blockchain transfer is final and cannot be reversed by a refund or a chargeback. Industry tracing of stolen funds finds only a small share is ever recovered, on the order of about $1 returned for every $65 stolen. Anyone promising to change that for an up-front fee is, in the FBI's words, running a scheme that targets people who were already scammed.

The narrow window where recovery is possible

Recovery genuinely happens in a small set of conditions:

Outside those conditions — peer-to-peer transfers, self-custody wallets, offshore platforms — the realistic outcome is that the money is not coming back. A trustworthy professional tells you that up front.

What tracing can and cannot do

Because the blockchain is public, a forensic investigator can often trace the path of stolen funds and sometimes attribute it to an exchange, mixer, or known group. That is real and useful for a law-enforcement case. But tracing is not recovering: identifying where the money went does not compel anyone to return it. Be very skeptical of any service that blurs that line to justify a fee.

Do this today

If the loss is large or going to court, crypto scam recovery and pig-butchering investigation explain what a real forensic effort looks like — and where its limits are.

See also: Scam & Fraud Recovery Help — the hub that maps every scam type and the free reporting steps.

Sources

  1. Chainalysis, Crypto Crime Report — stolen funds and recovery rates, 2026. https://www.chainalysis.com/blog/crypto-hacking-stolen-funds-2026/
  2. FBI Internet Crime Complaint Center (IC3), Public Service Announcement I-081123-PSA — fraudulent recovery schemes, 2023. https://www.ic3.gov/PSA/2023/PSA230811
  3. FBI Internet Crime Complaint Center (IC3), 2024 Internet Crime Report, 2024. https://www.ic3.gov/AnnualReport/Reports/2024_IC3Report.pdf

Related services

Meet Your Practitioner

Quinnlan Varcoe

Founder & CEO

GIAC-certified · 15 industry certifications

With operational experience across Fortune 50 security programs and the defense industrial base, Quinnlan founded SleuthX in 2022 to provide clients with the caliber of expertise typically reserved for the largest enterprises. Her work in threat intelligence and digital forensics has earned the trust of 26,000+ cybersecurity professionals who follow her analysis.

“26,000 professionals follow my work because I say what others won't — and I can back it up technically.”

Fortune 50 BackgroundDefense IndustryThreat IntelligenceDigital PrivacyIncident Response
Quinnlan Varcoe, Founder & CEO

Recovering stolen crypto: quick answers

Certified Expertise

GIAC · AWS · Splunk · CompTIA

Transparent pricing

Trusted by partners across the practice

DAS Health
Exhibit A Cyber
Ally Security
KIRO Group
Black Mirage
Kalles Group
Gridware
CQR
Archstone Security
Cyvergence
Sentinel Cyber
Cloud Underground
Seron Security
Hexen
Koru Risk Management
DAS Health
Exhibit A Cyber
Ally Security
KIRO Group
Black Mirage
Kalles Group
Gridware
CQR
Archstone Security
Cyvergence
Sentinel Cyber
Cloud Underground
Seron Security
Hexen
Koru Risk Management