By Refund Agency.
Here’s a worrying reality: more than 8.7 million people worldwide have fallen victim to financial scams in the past year alone. What does that tell us? It means scams can happen to anyone, regardless of age, background, or tech-savviness.
If you’ve been scammed, you’re likely feeling a mix of shock, anger, and even shame — but you’re not alone. And most importantly, you’re not powerless. There are steps you can take to respond, protect yourself, and even recover your lost funds.
What Are Crypto Scams?
Crypto scams are fraudulent schemes that take advantage of the fast-paced, often anonymous world of cryptocurrency to steal funds from unsuspecting victims. These scams come in many forms, each designed to trick you in different ways.
Here are some of the most common:
- Ponzi Schemes
Scammers promise high returns on crypto investments, but instead of generating real profits, they use money from new victims to pay earlier ones. Eventually, the scheme collapses — and the scammer disappears.
- Phishing Scams
These involve fake websites, emails, or messages that look like they come from trusted platforms (like crypto exchanges or banks). Their aim? To steal your login info or private keys and drain your wallet.
- Romance Scams
Scammers build online relationships to gain trust. Once they feel you’ve let your guard down, they invent emergencies or “investment opportunities” to convince you to send cryptocurrency.
- Impersonation Scams
Fraudsters pretend to be government officials, celebrities, or tech support agents, convincing victims to make crypto payments or share sensitive data.
The First Steps to Take After Being Scammed
We know how upsetting it is to realize you’ve been scammed. It’s overwhelming — but try to remain calm. Taking clear, timely action can increase your chances of recovery.
- Save All Available Information
Gather and store anything that could help build your case, such as:
- Blockchain transaction IDs
- Wallet addresses (yours and the scammer’s)
- Emails, text messages, or chat screenshots
- Fake website links or social media profiles
- Payment confirmations
This information will be critical for investigators and recovery teams. Also, stop all communication with the scammer immediately, and do not send any more personal or financial details.
What If You’re Targeted Again?
Unfortunately, many scam victims are targeted more than once. If you receive suspicious messages or calls, do not engage. Scammers often resell victim data or attempt to scam victims again by posing as recovery agents.
Stay alert. And if in doubt, speak with someone from the Refund Agency team before taking any action.
Get in Touch With Refund Agency to Recover Your Funds
At Refund Agency, we’ve seen it all — and we know how to respond. Whether you lost money through a fake trading app, phishing site, or a deceptive crypto offer, our experts can help you understand your options.
We’ve helped clients across over 20 countries recover more than $48 million in lost digital assets over the past three years. Our team of investigators, legal consultants, and blockchain analysts work with real-time tools and regulated partners to give your case the attention it deserves.
What Does It Cost to Recover My Crypto?
At Refund Agency, we operate on a no-win, no-fee basis. That means you don’t pay anything upfront — and you only pay if we successfully recover your funds. There are no hidden costs, and no risks for reaching out.
Your next step:
Reach out to our team for a free case assessment. We’ll review your situation and let you know if recovery is possible — with zero financial obligation.