cryptoassetrecovery.com Scam Check: 10/100 Trust | ScamMinder

Exercise caution when interacting with this website.

The website cryptoassetrecovery.com claims to offer services to recover lost cryptocurrency assets, including passwords for digital wallets and investigation of crypto scams. However, several red flags and concerning elements can be identified: 1. **Unverifiable Claims:** The website makes bold claims about its success rates in recovering lost passwords and investigating scams, but there is no verifiable evidence or independent reviews to support these claims. 2. **Lack of Transparency:** While the website mentions the names of the founders, there is no detailed information about the team or their expertise in the field of cryptocurrency recovery and investigation. 3. **High Success Rate Claims:** The website claims to have a roughly 50% success rate in recovering wallet passwords, which is unusually high and not supported by industry standards. 4. **Fee Structure:** The website states that they charge a 20% fee for any funds recovered, which is a common tactic used by scam recovery services. Legitimate recovery services typically charge a flat fee or a combination of upfront and success-based fees. 5. **Scam Tracing Services:** While the website claims to offer scam tracing services, the effectiveness and legitimacy of such services in the context of cryptocurrency scams are questionable. 6. **Use of Trustpilot Reviews:** The website mentions receiving 5-star reviews on Trustpilot, but these reviews could be manipulated or fabricated. Trustpilot itself has been a target for fake reviews in the past. 7. **No Guarantee for Recovery:** Legitimate cryptocurrency recovery services often provide clear information about the limitations of their services and the likelihood of successful recovery. The website's claims of high success rates without clear disclaimers are concerning. 8. **Security Risks:** The process described for recovering passwords and handling sensitive financial information may pose security risks for users, especially if the website's security measures are not independently verified. 9. **Lack of Industry Recognition:** While the website mentions being featured in global media outlets, the absence of recognition from reputable industry organizations or authorities is notable. 10. **Limited Information on Recovery Process:** The website provides only general information about the recovery process, without specific details on the technical methods and security measures used. 11. **No Physical Address Verification:** While the website claims to be a registered LLC in New Hampshire, there is no independent verification of this information, and the lack of a physical address for the company raises concerns. 12. **Involvement of Family Members:** The website mentions the involvement of family members in the business, which can be a tactic used by fraudulent operations to create a facade of legitimacy. Given these red flags and concerns, it is advisable to approach the services offered by cryptoassetrecovery.com with extreme caution. It is recommended to thoroughly research and verify the credentials and track record of any company claiming to offer cryptocurrency recovery and scam tracing services. Additionally, users should consider seeking assistance from reputable and well-established organizations in the field of cryptocurrency security and recovery."

• Unverifiable Claims, Lack of Transparency, High Success Rate Claims, Fee Structure, Scam Tracing Services, Use of Trustpilot Reviews, No Guarantee for Recovery, Security Risks, Lack of Industry Recognition, Limited Information on Recovery Process, No Physical Address Verification, Involvement of Family Members