You have lost crypto to a scam, and you are in the United Kingdom. The next few days matter more than the next few weeks.

Information, not advice

This page is information, not legal advice about your matter. A retainer begins only when a lawyer confirms it.

Start here

Report it today, and keep everything

Transaction IDs, wallet addresses, every message, and the exchange you sent from. Report to Action Fraud and to the exchange that received the funds on the same day. Anyone promising to recover your money for an upfront fee is running a second scam.

What to work through, in order

Reporting, and what each channel actually does

Action Fraud creates the national record, the receiving exchange may freeze on early contact, and in some authorised push payment cases the sending bank carries reimbursement obligations.

Tracing and the realistic odds

English courts have developed proprietary injunctions, Bankers Trust disclosure orders and service by alternative means for crypto fraud, which makes the jurisdiction comparatively favourable. Recovery still depends on funds reaching an identifiable, reachable holder.

Costs, and whether it is worth pursuing

The loser normally pays a share of the winner’s costs, which raises both the upside and the downside. After-the-event insurance and funding exist for larger claims but rarely for small ones.

Recovery scams

Anyone who contacts you promising to recover your funds for an upfront fee is running a second scam against the same victim. No legitimate firm guarantees recovery, and no legitimate firm asks for payment in crypto to start.

Next steps

What happens if you go ahead

  • Scoping call

  • Written scope and fixed-fee quote

  • Engagement, once a lawyer confirms

Offices

London

25 Southampton Buildings, London WC2A 1AL

Hours

Talk to someone

A scoping call costs nothing and settles most of this

Socials

Contact

+61 (7) 5641 1333
info@gosai.law

Socials

Contact

+61 (7) 5641 1333
info@gosai.law

Socials

Contact

+61 (7) 5641 1333
info@gosai.law