FBI warns of ‘fictitious law firms‘ targeting crypto scam victims

The bureau warned that anyone offering recommendations on a “crypto recovery law firm” or claiming to be a lawyer could be targeting the victims of crypto scams.

The US Federal Bureau of Investigation (FBI) has issued a public service announcement for victims of crypto scams looking for legal advice to recover their funds.

In a Wednesday notice, the FBI said that fictitious law firms were targeting individuals who had previously been scammed out of some or all of their crypto holdings, putting them at additional risk. According to the bureau, the scammers’ actions left victims at risk of compromising their personal data and other funds.

The announcement, based on an update for similar warnings from the FBI in August 2023 and June 2024, cautioned people against accepting assistance from anyone recommending a “crypto recovery law firm” or any law firm “requesting payment in cryptocurrency or prepaid gift cards.” 

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