[Note] CryptoRecoveryLATAM: Upfront fees for unverified services

[albon]

What happened:: There's something I wanted to highlight regarding accounts that promote crypto recovery services.. You can often find them spamming threads in the Scam Accusations section. I previously created a thread in the Scam Accusations board about one of these accounts [here]. Also, Bitcoin_Arena created a thread as well about these accounts [here].

These users post fake stories claiming they lost large amounts of money through a certain platform, then promote a crypto recovery service that supposedly helped them recover their assets. Notably, in that same thread, an account called CryptoRecoveryLATAM promoted the following:

Hello Bitcoin_Arena,

  Excellent catch. We have also flagged decentralizedcodexsecurity.com in our
  internal monitoring network. As you correctly identified, this is a classic
  'Recovery Scam' (double-drainer) operation.

  Our technical reconnaissance shows this domain was registered on January 10,
  2026, and uses Cloudflare to obfuscate its backend. The tactic of using fake
  success stories about 4.2 BTC is a signature we've seen in the Scorpion Hub
  laundering clusters we are currently tracking in our $10B BTC Highway
  investigation.

  These sites often use 'Wallet Connect' or 'Recovery Tools' that are actually
  Session Hijacking scripts designed to bypass 2FA by stealing cookies. We've
  added this node to our Sentinel database to correlate any incoming wallet
  addresses.

  Thank you for keeping the community safe.

  Regards,
  CryptoRecoveryLATAM
  Senior Investigative Lead

I also found another post by him in one of the threads, where I asked him additional questions, but he has not responded so far:

Why are you requesting the TXID or the destination BTC address from this person?

Also, could you tell me more about CryptoRecoveryLATAM? What is your official website?? I've searched and haven't found any information about the entity you're promoting.

Do you have an official license to provide such recovery services? Do you work with any legal entity?

Warning: For security reasons, no member here should trust any unverified entity, share any sensitive information with them, or pay any upfront fees.

I await your response.

I found his latest post as well, where he wrote the following in another thread:

Hi,

  I read your detailed post about HTX withholding your 71.5 ETH. This is exactly the type of exchange abuse we fight.

  I'm with CyberLeakWatch Investigations, a blockchain forensics firm. We've dealt with HTX/Justin Sun cases before.

  What we can do for you:

  1. **Evidence Pack** - Compile all your TXIDs, screenshots, communications into law enforcement-ready format
  2. **Compliance Pressure** - Contact HTX directly with formal notice (they respond better to firms than individuals)
  3. **EU Legal Prep** - Prepare complaint documentation for Polish/EU regulators
  4. **Public Pressure** - Coordinated disclosure if they don't respond

  Your case is strong because:
  - You have clear TXID proof
  - XMR was mined (legitimate source)
  - HTX has history of this behavior

  Fee: $2,500 upfront for evidence pack + compliance notice, OR 15% success fee if we recover (no upfront).

  We don't promise miracles, but we do promise professional pressure that HTX can't ignore like they ignore individual users.

  DM me if interested. I can review your documentation in 24h.

Profile Link: https://bitcointalk.org/index.php?action=profile;u=3742512

Reference Link: [1] + [2] + [3]

Additional Notes:

This account promotes unverified crypto recovery services and asks for upfront fees, and he has not responded to direct questions about licensing or legitimacy.

Note how these recovery scammers attack Bitcointalk's reputation on Trustpilot while simultaneously promoting their fake services in the same breath. This is a coordinated deceptive campaign.

[Yamane_Keto]

They have a Reddit account: https://www.reddit.com/user/Ashamed-Fuel2651/
They are scammers who track down scam victims, give them legitimate advice, and then request DMs. After gaining their trust, they scam them into sending money.

[Vod]

I've tagged them.  If you are going to WARN or NOTE others about these scams, you're entering into a logistics nightmare that will take up your time unnecessarily.    In crypto err on the side of caution, esp with newbies who want $ up front.  Good catch, now don't waste a single second more on this account - because the scammer has already moved on.   

[albon]

They have a Reddit account: https://www.reddit.com/user/Ashamed-Fuel2651/
They are scammers who track down scam victims, give them legitimate advice, and then request DMs. After gaining their trust, they scam them into sending money.

I also researched them and found that they have a LinkedIn account:
https://www.linkedin.com/in/crypto-recovery-latam/

This is their website:
crypto[.]cyberleakwatch.com ~ [ARCHIVED] ~ [WHOIS]

The domain was created on February 11, 2025, meaning it is less than one year old. So how do they claim on their official website that $12.5M Recovered Since 2024? This indicates that all the following information is false, such as 1247+ Cases Resolved.



Also, the Client Success Stories have no evidence proving that they are real reviews.



They also state the following question and answer on their official website:

What is the success rate? ▼
Our overall success rate for traceable funds is 85%. Cases reported within 24 hours of the incident have significantly higher recovery probabilities.

How can such a high and “guaranteed” success rate of 85% in asset recovery be possible? This is clearly unbelievable.

They also wrote:

We comply with GDPR and applicable data protection regulations.

So how is there no commercial registration number for the company or a physical headquarters? And what evidence is there to support their claim that they are compliant with GDPR?

They also mentioned the following:

Exchange Coordination
Direct partnerships with 15+ major exchanges for rapid asset freezing

This is false. CEXs only deals with law enforcement agencies, not with a service like this for asset recovery. What they stated is clear proof of blatant lying.

There is no indication on their website that they hold any official licenses, deal with any legal entity, or even have a legitimate registered company.

I've tagged them.  If you are going to WARN or NOTE others about these scams, you're entering into a logistics nightmare that will take up your time unnecessarily.    In crypto err on the side of caution, esp with newbies who want $ up front.  Good catch, now don't waste a single second more on this account - because the scammer has already moved on.  

Thank you for your input; I completely agree with you.

Any new accounts claiming to offer crypto recovery services or asks for upfront payment should be treated with extreme caution.

Haha, I think you're a bit late in posting this, as I've already tracked down the website of the entity being promoted, and based on my previous full analysis, this is a clear and outright scam. I can now tag the account with confidence.

[Odohu]

They have a Reddit account: https://www.reddit.com/user/Ashamed-Fuel2651/
They are scammers who track down scam victims, give them legitimate advice, and then request DMs. After gaining their trust, they scam them into sending money.

I have had an encounter with them before, when they saw my post about investment I made in a wrong project, the reached out to my via DM and wete offering to help me recover my money but they proposed to take a percentage as fee for their services. As we continued, it was one story to the other until they requested I make some upfront payments, that was when it became clear to me that they were scammers. The username a lone should tell anyone that they are possible scammers.

[albon]

I have had an encounter with them before, when they saw my post about investment I made in a wrong project, the reached out to my via DM and wete offering to help me recover my money but they proposed to take a percentage as fee for their services. As we continued, it was one story to the other until they requested I make some upfront payments, that was when it became clear to me that they were scammers. The username a lone should tell anyone that they are possible scammers.

You find these scammers all over social media especially on Twitter. Many of their accounts appear professional often with verified badges and a large number of followers and they write in an organized manner, and at first glance, you might feel like you are dealing with an expert.

The matter has also increased in the review sites, where you find any reviews of these crypto recovery services widespread, especially on platforms with poor ratings. Victims are drawn to them in the hope of recovering their funds.

Anyone who asks for upfront payments or sensitive information should be highly suspicious and be avoided entirely.