What is a crypto recovery scam?
Could you elaborate on what constitutes a crypto recovery scam? As the world of cryptocurrency becomes increasingly popular, so do the associated scams. I've heard of various frauds targeting investors, but I'm particularly curious about crypto recovery scams. Do they involve promises to restore lost cryptocurrencies through technical means or services? Are there specific tactics that scammers employ to lure victims into these schemes? I'd appreciate a concise yet thorough explanation of the nature and workings of crypto recovery scams.