WhatIsCrypto.info
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I think my wallet or account is compromised

Work down the list. The first steps take minutes and matter most.

BeginnerAbout 6 minutesReviewed November 5, 2026
The short answer

Act in this order: stop sending money to anyone; if a seed phrase or private key was exposed, create a brand-new wallet on a clean device and move what's left right away; if an exchange account is affected, lock it through the official app and secure your email; then record everything and report to ic3.gov, reportfraud.ftc.gov and the exchange. Expect recovery scammers next, and never share your seed phrase with anyone offering help.

The rule that never changes

Legitimate support will never ask for your seed phrase (recovery phrase) or private key. Not an exchange, a wallet maker, a lawyer, the police or the FBI. Anyone who asks for it, or asks you to type it into a website, is trying to steal from you.

The emergency steps

Work from the top. Skip the sections that don't apply to you.

Your progress0 of 18 done

Right now

If a self-custody wallet's seed phrase or key was exposed, or funds are leaving

If an exchange account is affected

If your phone number was taken over

Record and report

Protect yourself from the next scam

Your ticks are saved only in this browser, so you can come back to them. Nothing is sent anywhere.

Afterward

  • Find out how it happened, so it can't happen the same way again: a fake site, a signature, a leaked phrase, malware or a SIM swap. The guides in the safety center explain each one.
  • If a computer had malware, don't use it for crypto again until it has been fully wiped and reinstalled.
  • Keep copies of your reports and records. Whether a theft loss is tax-deductible depends on the details: in March 2025 an IRS Chief Counsel memo said some scam victims whose money was taken in a transaction entered into for profit, such as a fake investment, may be able to deduct it. Ask a tax professional.

Frequently asked questions

Can stolen crypto be recovered?

Sometimes, if it reaches a regulated exchange or a freezable stablecoin and is reported quickly. Most thefts are permanent, which is why moving remaining funds fast matters most.

Should I pay someone who says they can hack the scammer back?

No. 'Recovery hackers' are scammers. No one can reverse a blockchain transaction for a fee.

Do I need to move funds if I only clicked a link?

If you didn't sign anything or enter a seed phrase, probably not. Check your approvals and watch the wallet; when in doubt, moving to a new wallet is the safe choice.

Where to next

Sources

  1. FBI Internet Crime Complaint Center (report a crime)
  2. ReportFraud.ftc.gov (report fraud to the FTC)
  3. Fictitious law firms targeting cryptocurrency scam victims (FBI PSA, August 13, 2025)
  4. Ethereum security and scam prevention (ethereum.org)
  5. IRS memorandum on when scam victims can claim a theft loss deduction (summary, March 2025)

Written for beginners and checked against the sources listed. Last reviewed November 5, 2026. This page is educational and is not financial, tax or legal advice. How we write and check pages.