Latvia
Crypto recovery in Latvia: legal counsel for scam victims
Latvians say: measure seven times, cut once. Before a transfer to a platform, and before trusting anyone who promises to bring lost money back, the seventh measurement is a duty, not a delay.
RVK Recovery is a cryptocurrency recovery practice serving clients in Latvia remotely, across lost access and wallets, crypto fraud and theft, custodial disputes and exchange lockouts, estates with digital assets, and commercial disputes. Recovery is not guaranteed, no success rates are published, and some matters have no practical path; the practice says so in writing.
Three facts up front:
- The practice never asks for seed phrases, private keys, wallet passwords, two-factor codes, or remote desktop access.
- The fee is 12.5%, due only after recovered funds reach your own bank account.
- The first review is confidential, written, and carries no obligation.
First steps after a loss in Latvia
Call your bank first, on the official number on your card; a transfer can sometimes still be stopped. Then file a written application (iesniegums) with the State Police: in person at any police station (iecirknis), electronically through the latvija.gov.lv portal using your e-address, or by email with a secure electronic signature to pasts@vp.gov.lv. In urgent danger call 110. Attach everything: chat screenshots, payment slips, wallet addresses, transaction identifiers. Before using any investment platform, check Latvijas Banka's warnings about unlicensed providers; since January 2023 the Bank of Latvia supervises the financial market, having succeeded the former FKTK. These institutions are named as information for you, not as partners of the practice.
Keep every record, even the ones that sting. Pay the platform no "tax" and no "activation fee" to release a withdrawal. And distrust anyone who contacts you first offering recovery: the State Police warn about this second wave constantly, and victim lists are resold.
What the practice reviews
The files that matter in Latvia match police and Latvijas Banka warnings: calls from foreign numbers where a "financial specialist" or "broker" pushes a supposed crypto platform; fake trading sites with invented profits; romance fraud; phishing and impersonation; fake wallets; account takeover; fake recovery services. Also reviewed: lost access matters, disputes with genuine exchanges over frozen accounts, estates with incomplete records, and commercial files: crypto loans, stablecoin questions, arbitration.
Several fake brands can belong to one organiser already before a court. Checking whether your facts match an open case is free and needs no wallet credentials.
The Latvian picture
The State Police say most fraud in Latvia happens by phone, and the most targeted group is Russian-speaking residents over fifty; that touches Rīga, Daugavpils, Liepāja and the regions alike. Callers pose as financial specialists, while fake text messages pose as the police, the CSDD or a court and ask for Smart-ID codes. In October 2025 an international operation dismantled a SIM-box network linked to some 1,500 fraud cases in Latvia. After a first loss, the second call, this time from a "recovery agency", usually follows within days.
Fees, security, jurisdiction
Fee: 12.5% of recovered funds, due only after the money reaches your bank account. If there is no recovery through the practice's efforts, nothing is owed. No retainer, no hourly rate, no cryptocurrency payment to open a file, no charge for the review.
Security: the practice never asks for a seed phrase, private key, wallet password, two-factor code, or remote desktop access (AnyDesk, TeamViewer, UltraViewer, Chrome Remote Desktop, any screen sharing). It never asks you to move remaining coins anywhere "for verification". Anyone who asks in the practice's name is an impersonator. If a file proceeds, the practice must confirm that the correspondent is the victim of that specific loss or holds lawful authority (an executor, for example); the proof is records, never a transfer of coins.
Jurisdiction: the practice does not accept clients who are citizens or permanent residents of the United States, Germany, Italy, or France. Every other country can be considered. Each file is judged on the applicable law, where the counterparty is, the evidence, any existing court action, and whether enforcement is practical.
FAQ
Can crypto sent to scammers be recovered?
Sometimes, where funds can be traced to an exchange or an identifiable entity, the evidence is usable, a court can act, and time has not destroyed the path. The review shows whether a path exists. It promises nothing.
What does the first check cost?
Nothing. The 12.5% fee arises only if recovered funds reach your bank account.
A "recovery agent" already contacted me. What now?
Pay nothing, send nothing. That approach is the classic second scam. Report it to the State Police, and you may send the facts for a confidential review.
Do you have an office in Riga?
There is no office in Latvia. The practice works remotely, with no phone line and no live chat. Everything material is in writing, so there is a record.
Confidential review
The review starts with six answers: full name, email, country and telephone, the amount lost in US dollars, the type of case, and a short account of what happened (up to 5,000 characters). No identity documents are needed at this stage. A specialist replies in writing, within business days. If the file is not suitable, you receive a plain decline; if a path exists, you receive clear next steps. Measure seven times, especially the second time.