Recovery · beginner · 7 min

🆘 Scam Recovery: Document and Report

After a suspected scam, take specific steps to document, report, and explore recovery options.

What You'll Learn

crypto scam recovery steps

  • Preserve evidence for recovery attempts
  • Report to the correct authorities
  • Understand your recovery options
  • Document losses for tax purposes

Step-by-Step Process

1

Preserve All Evidence Immediately

Screenshot conversations, balances, transaction IDs, and wallet addresses. This evidence is load-bearing.

Action: Save all chat logs, emails, screenshots of dashboards, transaction hashes, wallet addresses, and dates. Store in a folder.
Resources:
  • Evidence preservation template
  • Blockchain transaction archiving guide
2

Report to the FTC

The Federal Trade Commission maintains the largest database of consumer fraud reports.

Action: Visit reportfraud.ftc.gov. File a detailed complaint with all evidence attached. The FTC analyzes patterns across reports.
Resources:
  • FTC complaint filing tool
  • Complaint form template
  • FTC digital asset fraud division info
3

Report to Financial Regulators

The CFTC and SEC also track digital asset fraud and use reports to issue warnings.

Action: File complaints with the CFTC (cftc.gov) if a trading platform was involved. File with the SEC if an investment scheme was used.
Resources:
  • CFTC complaint submission portal
  • SEC investor complaint center
  • State Attorney General digital asset task force
4

Report to the Platform or Blockchain

If the scam used a specific platform or exchange, report directly to their security team.

Action: Email the platform's abuse@ or security@ address with evidence. Include the wallet address and transaction hash.
Resources:
  • Platform abuse reporting contacts
  • Security team email template
5

Check If the Wallet Can Be Frozen

Some stablecoins and tokens include freeze functions. If the scammer received stablecoins, they might be freezable.

Action: Look up the token issuer. Contact them with the scammer's wallet address, blockchain evidence, and FTC complaint number.
Resources:
  • Stablecoin issuer contact directory
  • Freeze-function database
  • Token issuer legal department contacts
6

Document for Tax Purposes

A scam loss is a capital loss for tax purposes if crypto was involved. Proper documentation helps at tax time.

Action: Save evidence organized by date, amount in USD, and loss type. Provide this to your tax professional if applicable.
Resources:
  • Tax loss documentation template
  • Scam loss tax treatment guide
  • IRS digital asset loss procedures
Related Tools:
crypto tax organizer

Recommended Tools

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Related Guides

Dive deeper into specific topics mentioned in this pathway.

Next Steps

After completing this pathway, you'll be ready to:

  • Preserve evidence for recovery attempts
  • Report to the correct authorities
  • Understand your recovery options
  • Document losses for tax purposes

Start with the first step above, and work through each one in order.

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