"Getting up very early does not make dawn come sooner."
EthGuardians is a blockchain intelligence firm registered in Hong Kong SAR, helping crypto fraud victims across Spain. 96% historical recovery rate, and you pay only if recovered funds reach you.
Spain has one of Europe's most active retail crypto markets, and one of its most active fraud scenes. The pattern reported again and again to the Policía Nacional starts the same way: a polished trading platform, often promoted through WhatsApp groups or social media ads in Spanish and English, shows steady profits on a dashboard. Early withdrawals work. Then the platform demands a tax or a release fee before your balance can be paid out, and the account manager stops answering. Some even imitate real, licensed firms, copying their names and registry numbers. The CNMV calls these operators chiringuitos financieros: unlicensed firms selling investments without authorisation. Its public warning list is updated every week and is worth checking before you send money anywhere.
If it has already happened, file a denuncia with the Policía Nacional on 091 or with the Guardia Civil on 062, whose cyber units are among the strongest in the country. If you are unsure whether a platform is fraudulent, call INCIBE on 017, the national cybersecurity helpline. Keep your report reference number; we will ask for it, because it anchors your status as a victim.
If you live in Madrid, Barcelona, or Valencia, the next step is the same. The blockchain is a public ledger: every payment the scammers received is still recorded there. Our forensic team follows that trail across wallets and exchanges, and with our Swiss legal partners we pursue freezes and court orders against identifiable recipients. Cases from the expat communities on the Costa del Sol or the Balearics follow the same route: the same report, the same evidence, the same public ledger. You receive a written assessment before anything begins, and you pay only if recovered funds reach you.
Policía Nacional on 091 or Guardia Civil on 062. For guidance on a suspicious platform, call INCIBE on 017.
The CNMV publishes a weekly warning list of unlicensed investment firms, the so-called chiringuitos financieros.
Madrid, Barcelona, Valencia, and everywhere else in Spain, in English and in Spanish.
We combine blockchain forensics, Ethereum smart contracts, and Swiss legal expertise to recover assets for victims across Spain.
A structured four-step process built on blockchain forensics and legal action.
Every case is different, and recovery is never guaranteed. Here is our honest reading of the fraud types most common in Spain.
We never ask for seed phrases, private keys, two-factor codes, remote desktop access, or any upfront payment. Anyone who asks for these in our name is an impersonator.
These testimonials represent verified client experiences. Names are anonymised to protect privacy.
Madrid, Spain • February 2026
"I lost €36,400 to a fake trading platform that kept asking for taxes before my withdrawal. My denuncia went nowhere for months. EthGuardians traced my deposits to two exchanges, and most of my funds were returned within four months."
Barcelona, Spain • September 2025
"A romance scam cost me €18,900 in USDT. I felt foolish and said nothing for weeks. The team treated my case with respect, documented every transaction, and part of the funds was frozen and returned."
Your case assessment is free and delivered in writing. If we accept the case, our fee is agreed in writing before work begins, and it is taken only from recovered funds, after they reach you. If nothing is recovered, you pay nothing.
Never. We never ask for seed phrases, private keys, two-factor codes, remote desktop access, or any upfront payment. Anyone who asks for these in our name is an impersonator.
File a denuncia with the Policía Nacional on 091 or the Guardia Civil on 062, and call INCIBE on 017 if you need guidance. Check the platform against the CNMV warning list. Keep your report reference number: it confirms your status as a victim, and we will ask for it.
Tracing takes days to weeks. Legal action usually takes three to six months, sometimes longer depending on the platforms and countries involved. You receive a realistic written timeline after the assessment. Recovery is never guaranteed.
No. The blockchain does not forget: every transaction is still on the public ledger. Limitation periods vary and delay makes tracing harder, so file the report now and submit your case the same day.
Pay nothing more. This is the classic advance-fee pattern: every payment triggers another demand. Keep the receipts and conversations, report the platform to the Policía Nacional, and then have your case assessed.
