Explainers

“Your BTC was found on Coinbase” recovery scripts

Urgency, a fake US bill citation and a 1% “proof balance” are advance-fee recovery in a suit.

A polished script tells prior victims that their lost coins — say 0.31 BTC — were “found on Coinbase” after an audit, that US bill H.R. 4763(b) gives only three working days to act, and that they must park 1% of the sum on a wallet to recreate a mystical “sigscript”. Lawyer fees, the pitch insists, are due only after success.

Coinbase does not notify strangers via Telegram lawyers that their stolen stack is waiting in an American vault. Real AML work is not a countdown timer invented to make you send more coin. The 1% “stays under your control” line is theatre: once you fund the ceremony wallet, the next ask is never far.

Delete the thread. Check any claim inside the official Coinbase app or site you typed yourself. Do not pay unlock percentages to people who found you because you already lost money once.


If this already cost you money, start at Get help. Anyone selling a paid “recovery” after a loss: read Fake recovery first.

This article is for general information only. It is not legal or financial advice. Details change. If you have lost money, contact your bank or card issuer and use the routes on the help pages.

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