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Need advice on next steps after crypto scam
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Hello all. I am reaching out for one of my closest friends who ended up losing over 125k in what we found out was the “butchering the pig” scam. I ended up reaching out to some crypto recovery companies with him and at this point it seems like the information is widely inconsistent and they are asking for additional funds to get started (funds he does not have at all)

Can someone kindly recommend what we should do here ? Report to the FBI ? Any steps that could be used would be helpful. I am myself a complete novice about this stuff.

The money was mostly debt he borrowed from his HELOC.

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1 year ago