FBI Warns of Sophisticated Crypto Recovery Scam Targeting Previous Victims

The U.S. Federal Bureau of Investigation has uncovered an elaborate fraud scheme where criminals impersonate lawyers to exploit cryptocurrency scam victims a second time. Posing as legal professionals, these fraudsters contact individuals who have already suffered crypto losses, offering bogus fund recovery services through fabricated agencies and documents.

Victims are lured into paying upfront fees via cryptocurrency or gift cards, then funneled into staged WhatsApp groups with actors pretending to be bank processors. The FBI alert highlights the use of fictitious entities like the 'International Financial Trading Commission' to lend credibility to these scams.

This sophisticated operation preys on the desperation of those who have already fallen victim to crypto fraud, demonstrating how scammers continue evolving their tactics within the digital asset space. The warning comes as regulatory scrutiny increases around cryptocurrency-related crimes.