WRS

04/08/2026

Is self-custody still the safest way to protect your crypto?

A major flaw in a popular hardware wallet has sparked fresh debate about crypto security. Before assuming your assets are protected, it's worth understanding what happened and what you can do to reduce your own risk.

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A Coldcard hardware wallet firmware flaw drained $89m in bitcoin. Here's what happened, why it isn't a bitcoin flaw, and how self-custody risk works.

17/06/2026

"Always great to receive positive feedback from clients. This was a particularly challenging but ultimately rewarding case, and I’m glad we were able to reach such a positive outcome after a long and complicated process." - Luke Caldwell

27/05/2026

Why scammers love encrypted messaging apps and how to spot the warning signs

From our experience at Wealth Recovery Solicitors, scammers are increasingly using encrypted apps like Telegram and WhatsApp to run sophisticated crypto and investment frauds. These platforms, designed for privacy, now offer scammers the same protections as legitimate users.

Why scammers love these apps:

- End-to-end encryption makes monitoring difficult.
- Easy anonymity with disposable numbers.
- Bots and groups push fake “tips” and profits.
- Global reach means overseas scammers target UK victims with little risk.

Red flags to watch for:

- Asked to switch to Telegram/WhatsApp for “privacy”.
- Promises of guaranteed returns or urgent “limited-time” offers.
- Pressure to download unknown trading apps or send crypto to private wallets.
- Avoids video calls, credentials can’t be verified, screenshots look perfect.

If you think you’ve been scammed:

- Preserve all evidence (chat history, wallet addresses, screenshots).
- Don’t delete accounts or keep chatting.

Stay alert: if it sounds too good to be true, it almost certainly is.

30/04/2026

Scammers are impersonating our company requesting upfront payments for the release of funds.

Be cautious of any random contact you receive from anyone claiming to be from WRS.

We would never randomly call or email you claiming we have located funds in your name.

If you receive any suspicious contact, please report this to us via email or telephone:

[email protected] / 0161 515 9087.

23/04/2026

Cryptocurrency scams can affect anyone. Fraudsters often use false promises, high-pressure tactics, and unverified endorsements to mislead investors.

A practical checklist to protect yourself:

1. Check FCA registration or regulatory authorisation
2. Conduct independent research on the company
3. Verify website authenticity
4. Never share private keys or sensitive data
5. Be cautious of unexpected investment offers

Key takeaway: Verify carefully before committing and if in doubt, pause.

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26/02/2026

⭐️ Shoutout to WRS! ⭐️

A recent client praised the team for their professionalism, transparency, and unwavering support after falling victim to a scam. Their expertise in scam recovery and tireless dedication helped recover lost funds and restore peace of mind.

👏 Outstanding work from the team!