The US Federal Bureau of Investigation (FBI) has issued a fresh public warning aimed at individuals who have previously lost cryptocurrency to scams.
The bureau cautions that bogus law firms are exploiting victims by promising to recover stolen funds, only to put them at further risk.
In its Wednesday notice, the FBI said scammers are targeting those already defrauded, often requesting payment in cryptocurrency or gift cards.
This approach not only risks further financial loss but also compromises personal data.
Repeat Warning Amid Rising Crypto Crime
The announcement builds on prior FBI warnings from August 2023 and June 2024.
Authorities reiterated that individuals should be wary of any unsolicited offers from so-called “crypto recovery law firms,” particularly if the victim has not reported the incident to law enforcement.
“Be cautious of law firms contacting you unexpectedly, especially if you have not reported the crime to any law enforcement or civil protection agencies,” the FBI stated.
Billions Lost to Scams in 2025
Blockchain security firm CertiK reports that roughly $2.5 billion in cryptocurrency has been lost to hacks, scams, and exploits in the first half of 2025 alone.
While some victims see partial recoveries when exchanges or companies intervene, many are left to navigate the aftermath themselves.
In some cases, this desperation makes them prime targets for fraudulent recovery schemes.
FBI’s Role in Asset Seizures
The FBI often leads investigations into crypto-related fraud, seizures, and scams.
US Treasury Secretary Scott Bessent has indicated that seized crypto, once victims are compensated, could be added to a national reserve of digital assets, including Bitcoin.
In April, the Dallas FBI confiscated $2.4 million worth of Bitcoin linked to an alleged hacking group member.
Federal prosecutors filed suit in July to take control of the funds.
Escalating Risks for Crypto Holders
Some crypto crimes have escalated to violent levels, with reports of kidnappings and ransom demands targeting digital asset holders.
SatoshiLabs founder Alena Vranova estimates that at least one Bitcoiner is targeted globally each week.
The FBI advises extreme caution and encourages victims to seek help only from verified law enforcement channels.