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Crypto Recovery Scams

Image: FTC
Image: FTC

This has been a painful year for cryptocurrency holders, many of whom took significant financial hits with the fall of coins like Terra, Luna, or the FTX exchange. In the aftermath, scammers have been targeting folks affected and fraudulently claiming to help the financially troubled get their money back—for a fee. Sorry to tell you, but they can’t get it back. It’s a scam.