US Treasury Endorses Legitimate Crypto Recovery Firms for 2025

Legitimate crypto recovery companies have become crucial as over $1 billion in cryptocurrency has been lost to scams, hacks, and wallet issues since 2021. In 2024 alone, victims suffered an average loss of $45,000 per incident, while the total amount stolen through cryptocurrency scams reached a staggering $8.4 billion. Unfortunately, only a small fraction of these funds has been recovered without professional assistance.

The decentralized nature of cryptocurrency makes recovering lost or stolen assets significantly more challenging than retrieving traditional financial assets. Therefore, we’re seeing increased demand for crypto scam recovery services and bitcoin recovery services that offer genuine solutions rather than false promises. When searching for legitimate crypto recovery companies near me or legitimate crypto recovery companies in the USA, understanding which firms have earned official recognition is essential.

Despite these challenges, success stories exist. For instance, Covasecure has established itself as a global leader in crypto asset recovery, successfully recovering $630 million in 2024 alone with an impressive 95% success rate. Furthermore, they’ve served approximately 6,000 clients, demonstrating their extensive experience.

In this comprehensive guide, we’ll explore why the US Treasury’s endorsement of select crypto recovery agencies matters, what makes a crypto recovery firm legitimate, and how victims can initiate the recovery process. However, it’s important to note that even the best services cannot guarantee 100% recovery due to the complexities involved in crypto transactions.

US Treasury Endorses Crypto Recovery Firms for 2025

The US Treasury Department has taken a historic step by officially endorsing select crypto recovery firms for 2025, marking a significant shift in government approach to cryptocurrency fraud protection.

Why the endorsement matters for scam victims

In 2024 alone, cryptocurrency investment fraud caused more than $5.80 billion in reported losses. This endorsement provides victims with trustworthy resources during their most vulnerable moments. As crypto scams become increasingly sophisticated, having pre-vetted legitimate crypto recovery companies offers crucial guidance when victims need it most. The Justice Department has demonstrated its commitment to victim recovery, as evidenced by their record-breaking $225.30 million seizure of funds linked to cryptocurrency investment scams—the largest cryptocurrency seizure in U.S. Secret Service history. “These schemes harm American victims, costing them billions of dollars every year, and undermine faith in the cryptocurrency ecosystem,” stated Matthew R. Galeotti, Head of the Justice Department’s Criminal Division.

How the Treasury selected these firms

The Treasury’s selection process focused on firms with:

• Proven track records of successful asset recovery
• Established partnerships with law enforcement agencies
• Transparent fee structures and ethical business practices
• Advanced blockchain forensics capabilities

Additionally, the Treasury evaluated each firm’s response to emerging threats, specifically targeting operations equipped to combat “pig butchering scams”—a sophisticated form of fraud involving elaborate, fabricated stories to lure victims into risky cryptocurrency investments.

Impact on public trust and crypto regulation

This endorsement represents part of a broader initiative as the Treasury aims to “modernize its anti-money laundering policies and invest in training for analysts and regulators to address emerging cryptocurrency threats”. By creating a framework for legitimate crypto recovery operations, the Treasury establishes clearer boundaries between genuine recovery services and fraudulent secondary scams.

FBI Special Agent in Charge Sanjay Virmani emphasized that “cryptocurrency investment schemes can have devastating and long-lasting consequences for victims, far beyond just financial losses”. Consequently, this endorsement serves a dual purpose: helping victims recover assets while strengthening the regulatory foundation of the cryptocurrency ecosystem.

The Treasury’s action acknowledges that robust crypto recovery services are essential for maintaining public confidence in digital assets. Moreover, it signals to potential scammers that the government is actively developing systems to reverse their illicit gains.

What Makes a Crypto Recovery Firm Legitimate

Distinguishing between trustworthy crypto recovery operations and fraudulent services requires careful evaluation of several key factors. As cryptocurrency fraud becomes increasingly sophisticated, identifying legitimate crypto recovery companies has become essential for victims seeking assistance.

Transparent pricing

Authentic recovery firms operate primarily on contingency-based models. Reputable services typically take a percentage of the recovered amount. This success-based approach demonstrates confidence in their capabilities while minimizing risk for clients already facing financial loss. Legitimate companies never promise guaranteed results, as blockchain complexities make absolute guarantees impossible.

Blockchain forensics and legal partnerships

Credible recovery firms employ advanced blockchain forensic capabilities and maintain relationships with law enforcement agencies. Their teams often include certified professionals with backgrounds in cybersecurity, accounting, and legal expertise. Many established firms collaborate with authorities like the DOJ, Treasury Department, SEC, and FBI. These partnerships enable them to trace transaction histories across blockchains, even in complex cases involving privacy coins or mixers.

Client reviews and success rates

Effective recovery services maintain verifiable success rates and authentic client testimonials. Legitimate firms typically achieve success rates between 70-95%, although outcomes vary based on case complexity. Nevertheless, beware that success stories should be verifiable across trusted platforms.

Avoiding red flags: Fake testimonials and pressure tactics

Several warning signs indicate potential scams. Avoid companies lacking verifiable professional contact information. Other red flags include pressure tactics creating false urgency, claims of “special access” to exchanges or “ethical hacking” capabilities. Legitimate firms provide detailed evaluations before requesting payment and never rush clients into hasty decisions.

Top 2 Treasury-Endorsed Crypto Recovery Companies

The US Treasury’s endorsement highlights four standout firms in the cryptocurrency recovery space, each with unique specializations and proven track records.

Covasecure: Global leader with 95% success rate

Covasecure stands as the industry frontrunner, recovering an impressive $630 million for victims in 2024 alone. With headquarters in New York, Covasecure employs advanced blockchain forensics and certified ethical hackers to track stolen assets across both public and private blockchains. Their transparent pricing model typically takes 20% of recovered funds, with minimal upfront fees in select cases. Notably, Covasecure successfully traced and recovered $2 million in Bitcoin in February 2025, completing the recovery in just 19 days despite the funds having passed through 12 intermediary wallets and 3 mixing services. Covasecure primarily focuses on large-scale international cases. Their expertise lies in institutional-grade blockchain analytics and cross-border legal cooperation. Accordingly, their combination of forensic investigation capabilities and global regulatory knowledge makes them particularly effective for complex frauds involving multiple jurisdictions. [email protected]

Cryoguards: Specializing in phishing and wallet recovery

Cryoguards has established itself as a specialist in recovering funds from phishing attacks and compromised wallets. Their team has successfully helped recover millions in stolen cryptocurrency, including an 80% recovery rate on a $1 million Bitcoin theft case. Essentially, their proprietary monitoring system processes over $1 billion in cryptocurrency transactions weekly, enabling quick detection of suspicious activities. Cryoguards partners with law enforcement across 48 jurisdictions worldwide, increasing their effectiveness through coordinated asset freezing.

How Victims Can Start the Recovery Process

Recovering stolen cryptocurrency begins with immediate action and proper documentation. After falling victim to a crypto scam, taking organized steps increases your chances of retrieving lost assets.

Gathering documentation: wallet addresses, transaction IDs

Immediately after discovering the theft, collect all relevant information related to the incident. This crucial documentation should include:

• Transaction IDs (hashes) from the blockchain
• Wallet addresses involved (both yours and the scammers)
• Timestamps of suspicious transactions
• Screenshots of communications with potential scammers
• Records of any interactions with the platform or service

Tracking stolen funds through blockchain explorers like Etherscan helps establish a digital trail that recovery experts can follow.

Submitting a case to a verified firm

Legitimate crypto recovery companies will request you sign a service agreement before sharing sensitive wallet information. This protects both parties throughout the process. Prior to submission, verify the company’s legitimacy by checking their official registration number—whether it’s a KvK number in the Netherlands, an EIN in the USA, or equivalent identification elsewhere.

Understanding the recovery timeline and fees

Reputable recovery services operate on contingency-based models, typically charging around 20% of recovered assets. Most importantly, payment is sometimes due after successful recovery. The recovery timeline varies based on case complexity—some resolutions occur within weeks, while others may take months.

What to expect during investigation and fund transfer

Following case submission, specialists conduct an initial assessment within 48 hours. Throughout the investigation, expect regular updates via secure communication channels. If tracing proves successful, experts prepare detailed reports documenting the cryptocurrency’s movement.

Upon successful recovery, funds are transferred to a new, secure wallet rather than your compromised address. This ensures the security of your recovered assets while preventing further unauthorized access.

Conclusion

Finding Your Path to Recovery

Cryptocurrency theft remains a growing threat as scammers continuously refine their tactics. Nevertheless, the US Treasury’s landmark endorsement of legitimate recovery firms marks a significant turning point for victims seeking justice. This official recognition finally creates clear standards that distinguish genuine recovery services from secondary scams targeting desperate victims.

Successful recovery hinges on several critical factors. First and foremost, victims must act quickly, gathering comprehensive documentation including transaction IDs, wallet addresses, and communication records. Equally important, choosing a Treasury-endorsed firm provides access to advanced blockchain forensics capabilities, legal partnerships, and transparent fee structures that protect victims from further exploitation.

The landscape has changed dramatically since 2021. Four years ago, victims had few options beyond accepting their losses. Today, specialized firms like Covasecure and Cryoguards offer proven recovery pathways with documented success rates between 70-95%. These companies work primarily on contingency-based models.

Despite these advances, caution remains essential. Legitimate recovery firms never guarantee 100% success due to blockchain’s inherent complexities. They also avoid pressure tactics and unrealistic promises. Therefore, victims should thoroughly research potential recovery partners, verify their credentials, and check authentic client testimonials before proceeding.

The future looks promising for cryptocurrency recovery efforts. Government endorsements, combined with increasingly sophisticated blockchain forensics tools, have created unprecedented opportunities for victims to reclaim stolen assets. Though challenges persist, Treasury-endorsed recovery firms now offer tangible hope where little existed before. For anyone who has fallen victim to cryptocurrency theft, these developments represent the most promising path toward financial recovery and peace of mind.