"A lie has short legs."
A lie has short legs. The blockchain does not forget. We help the truth catch up with the scammer. EthGuardians is a blockchain intelligence firm registered in Hong Kong SAR, serving clients across Hungary in English and Hungarian.
Crypto fraud in Hungary is reported to the Rendőrség, the Hungarian police. You can file a report online at police.hu, and in urgent cases call 107. File the report even if the case feels uncomfortable. The case number matters later: it shows you acted in good faith, and financial institutions ask for it when records are requested.
The Magyar Nemzeti Bank (MNB), the central bank of Hungary, publishes detailed warnings about unlicensed investment platforms and crypto services. Before you trust a platform, check its name on the MNB warning list. If the platform has no licence, it is almost certainly a scam. Cryptocurrency is legal in Hungary, but regulation cannot protect you from a fake platform.
A typical Hungarian case starts with a Hungarian-speaking account manager who makes contact by phone or in Telegram and Viber groups. The platform appears to be Hungarian, customer support answers in Hungarian, and the first small withdrawal succeeds. Once the balance grows, withdrawals are suddenly blocked by taxes and activation fees. The MNB list regularly names these platforms, but the scammers change names faster than the list updates.
Most of our cases come from Budapest, Debrecen, and Szeged, but we serve the whole country, from Pécs to Győr. Hungarian clients are mathematically literate and historically wary of offers that look too good. Even so, professional scammers can deceive anyone. Shame is the biggest barrier: many victims stay silent about the loss for months. Silence only helps the scammer. The ledger keeps the evidence in the meantime.
If you suspect a platform is not genuine, do not deposit more. Save every transaction hash, wallet address, email, and chat log. Delete nothing, not even the uncomfortable messages: they are evidence of the scammer's method. Then file the police report and submit your case to us for assessment. Tracing should start quickly, because funds often reach an exchange within days.
File a report online at police.hu, or call 107 in urgent cases. Keep the case number.
Check the platform name on the MNB warning list. An unlicensed provider is almost certainly a scam.
Most cases reach us from Budapest, Debrecen, and Szeged, but we serve the whole country.
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.
Budapest, Hungary • May 2025
"I lost HUF 9,800,000 to a fake broker where a Hungarian-speaking account manager kept calling me. The platform was on the MNB warning list. EthGuardians recovered HUF 8,900,000 in three months."
Debrecen, Hungary • November 2025
"A romance scammer convinced me to send €12,400 in bitcoin. I was ashamed for months. The team treated me with respect and traced the transfers across several wallets. I got €10,900 back."
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 Rendőrség.
You can file a report online at police.hu, and in urgent cases call 107. Attach transaction hashes, wallet addresses, and chat logs. Keep the case number: you will need it when records are requested from exchanges. Also check the MNB 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 fix the fee in writing in advance. The fee is deducted only from recovered funds. If nothing comes back, you pay nothing.
Not necessarily. The blockchain does not forget: every transaction is still on the public ledger. Delay makes freezing harder, so file the police report and submit your case to us as soon as you can.
