"Better late than never."
Shame kept you quiet. The ledger kept the evidence. EthGuardians is a blockchain intelligence firm registered in Hong Kong SAR, serving clients across Cyprus in English and Greek.
Cyprus has seen the online investment industry from the inside. Hundreds of firms, legitimate and otherwise, have operated from Limassol and Nicosia, and many Cypriots have worked in that world or know someone who has. You have heard the sales scripts first hand. You know what a high-pressure call centre sounds like. That experience is an advantage: you are hard to fool twice, and you are right to check everything twice, including us.
A crypto scam in Cyprus is reported to the Cyprus Police Cyber Crime Unit. File the report even if the case feels embarrassing. The reference number matters later: it shows you acted in good faith, and exchanges and banks ask for it when records are requested.
The Cyprus Securities and Exchange Commission (CySEC) publishes frequent warnings about unauthorized investment firms. Before you trust a platform, check whether its name is already on the CySEC warning list. If the company has no licence, it is almost always a scam.
The most common pattern we see in Cyprus is the fake brokerage: a polished website, a Cypriot phone number, and promises of steady returns from forex and crypto. An account manager speaks with you daily. The balance on the screen grows, but the withdrawal never arrives. At the end comes a demand for a tax or a release fee. It is the final act of the same scam. Do not pay it.
Most of our cases come from Limassol, Nicosia, and Larnaca, but we serve all of Cyprus, including Paphos. If you suspect a firm is not genuine, make no new deposits. Save every transaction hash, wallet address, email, and chat log. Delete nothing, not even the messages that embarrass you: they are evidence. Then file the report and send us your case for assessment. Tracing should start quickly, because funds often reach an exchange within days.
Report to the Cyprus Police Cyber Crime Unit. Keep the reference number they give you.
Check the Cyprus Securities and Exchange Commission warning list before trusting any platform. An unlicensed firm is almost always a scam.
Most cases reach us from Limassol, Nicosia, and Larnaca, but we serve all of Cyprus.
We use blockchain forensics and Ethereum smart contracts to trace, freeze, and recover your digital assets from any type of fraud.
Our structured four-step process combines blockchain forensics with legal action.
We never promise outcomes. We tell you in advance what the realistic chances are for each fraud type.
We never ask for your seed phrase, private keys, two-factor codes, remote access to your device, or any upfront payment. Anyone who asks for these in our name is an impersonator.
The following testimonials represent verified client experiences. All names are anonymised to protect client privacy.
Limassol, Cyprus • January 2026
"I worked in the investment industry, and a fake brokerage still convinced me. I lost €52,000. CySEC had already listed them. EthGuardians traced the funds to two exchanges and returned €46,900 to me."
Nicosia, Cyprus • May 2025
"A phishing attack took €20,100 in USDT from me. I thought it was all over. The team moved fast, worked with the exchange, and recovered €18,250."
The case review is free. You receive a written assessment and a fixed fee proposal before we start. We charge only if recovered funds reach you. Recovery can never be guaranteed, and any firm that promises it is not being honest.
Never. We also never ask for two-factor codes or remote access to your device. If someone asks for these in the name of EthGuardians, it is an impersonator. Report it to us and to the police.
Contact the Cyprus Police Cyber Crime Unit. Attach transaction hashes, wallet addresses, and chat logs. Keep the reference number: you will need it when records are requested from exchanges. Also check the CySEC warning list.
Tracing typically takes from a few days to a few weeks. Legal action and exchange cooperation often take months. Simple cases resolve faster, complex chains slower. We give you a realistic timeline in the written assessment.
The assessment itself costs nothing. If we take your case, we agree the fee in writing in advance. The fee is paid only from recovered funds. If nothing is recovered, you pay nothing.
Not necessarily. Better late than never: the blockchain does not forget, and every transaction is still on the public ledger. Delay makes freezing harder, so file the report and submit your case to us as soon as you can.
