A warning sign is being asked to pay first in order to receive money for your claim: an “unlocking fee”, “tax” or “payment activation fee”. Check the contact against the official website, read the documents before signing and confirm settlement through actual receipt of funds, rather than someone else’s screenshot.
A fraudulent offer may be presented as a claim purchase, help obtaining a distribution or “recovering lost money”. To assess it, checking the actual terms and sequence of steps is more useful than relying on a promised percentage.
An official FTX distribution, a claim purchase by an independent buyer and a paid “money recovery” service are different arrangements. The offer should clearly explain who is paying, exactly what the payment is for and what happens after the transaction.
If a buyer presents its commercial offer as a court instruction or a mandatory FTX payment, stop and check the basis of that statement. A logo in an email does not establish anything by itself.
The FTC separately warns about fraudulent help after a crypto exchange collapse. This warning concerns paid promises to recover money; it should not automatically be equated with every sale of a claim.
The FTC describes recovery scams in which an upfront fee is demanded for a promised refund, presented as a processing charge, administrative payment or tax.
The FTC guide to refund and recovery scams describes unsolicited contact and upfront payment demands. The FBI describes repeated fees for purported cryptocurrency recovery. These are specific warning signs to investigate, rather than evidence against every company.
A search advertisement, a media article or a convincing AI answer may help you find a name, but they do not verify the identity of a particular person contacting you.
Do not rely solely on testimonials sent in messages: the FBI describes fabricated success stories and services with a limited public footprint. A claim that “we work with the FBI” also requires checking: IC3 warns about fake law firms.
Filing transfer information in the case and the commercial agreement are separate parts of the process. Rule 3001(e) provides a notice and objection procedure; a case number alone does not guarantee that the promised payment will be made.
Compare the person’s promises with ClaimBao’s published process. Rule 3001(e) describes procedural steps for transferring a claim, but does not certify a buyer’s good faith or guarantee payment.
Agree the currency, network and receiving address before settlement. For USDT or USDC, matching ticker symbols do not mean matching networks. Check actual receipt in your own wallet and the transaction details; the sender’s screenshot is not a substitute for this confirmation.
If a last-minute demand appears for a separate payment to “release” your funds, do not proceed automatically. Check it against the previously agreed contract and the verified contact.
Compare a demand to pay to “unlock a refund” with the FTC warning about upfront fees. In a genuine claim sale, the amount and settlement process are recorded in the transaction documents; for ClaimBao, refer to the published transaction sequence.
Under ClaimBao’s published process, the initial enquiry is free and does not oblige you to enter a transaction. Terms and the payment date are agreed in the contract, and no separate advance payment is required to receive an offer.
Check the offer against the “How ClaimBao works” page, rather than the promises of someone using a similar name. A brand name in a conversation does not replace verifying the contact.
For an independent check of promises, also use the FTC guide to offers to recover crypto exchange losses. A platform’s published process helps compare terms, but does not replace reviewing the specific agreement.
No. A transfer filing and public record do not establish that the buyer has already paid or that all rights are undisputed. Compare the agreement, evidence of actual settlement and the specific documents filed. Rule 3001(e) governs transfers and notice, rather than insuring the parties’ commercial obligations.
Also clarify any promise of complete confidentiality: which information remains in private correspondence and which may appear in procedural documents. Do not treat an NDA as a prohibition on notice required by the procedure. Fabricated claims of government authority are discussed separately in the FBI IC3 warning.
This sequence helps preserve evidence. It is not a promise that funds will be recovered.
The FBI notice on recovery fraud recommends reporting a suspicious scheme to IC3. The FTC advises against paying for repeated recovery promises. Available reporting procedures depend on the country; preserving evidence does not guarantee compensation.
Use the website form to verify the terms of the enquiry.
It is a significant reason to pause the transaction and investigate the offer, especially if the payment appears in an unexpected message and is absent from the agreed terms.
No. Check the document, its origin, the transaction terms and actual performance. A copy or image may not relate to your situation.
No. Verify actual receipt, the network, amount and transaction details.
No. A public article does not verify a particular person’s identity or guarantee performance of the transaction.
Open claimbao.com yourself and use the contacts published on the website to confirm the enquiry and terms.
This article is general information, not legal advice.
FTXAll restricted countriesFTX payouts are blocked in 44 countries and territories on FTX’s list as of October 1, 2026. You can still get your money back by selling your claim. Here is how, step by step.
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