What to Do If You've Been Scammed in Crypto

Being scammed is distressing, and scammers count on panic. If it's happened to you, here are clear-headed steps that can limit the damage and avoid making it worse.

Act fast to limit further loss

• If a wallet is compromised, move any remaining funds to a new wallet with a fresh seed phrase immediately.
• Revoke token approvals connected to the malicious site.
• Change passwords and enable 2FA on related accounts.

Document everything

• Save transaction hashes, wallet addresses, links, usernames and screenshots.
• Note dates, amounts and how you were contacted.
• This record is essential for any report or trace.

Report it

• Report to your local authorities / cybercrime unit.
• If a centralized exchange is involved, contact them — they may freeze funds that arrive.
• Report scam accounts and links to the relevant platforms.

Avoid the second scam

“Recovery agents” who promise to get your funds back for an upfront fee are almost always a second scam targeting victims. Be extremely wary.

Trace where you can

ChainInspector Suite's Flow Highway can help you follow where stolen funds went — useful evidence for a report. It's a research aid, not a replacement for law enforcement.