The Slovenia Securities Market Agency (ATVP) issued an investor alert on an increase in crypto asset fraud attempts, commonly carried out through emails offering to “recover lost cryptoassets”. These messages typically seek additional payments, access to a recipient’s mobile phone, or personal data under the pretext of arranging the return of funds. Reported warning signs include unusually high transaction costs and the release of funds being made conditional on further payments. In some cases, fraudsters also promise loans to cover these costs, which ATVP flagged as a tactic to extract additional money. The agency also urged caution with online trading offers made via various platforms that promise high returns with low or no risk. ATVP noted that suspected fraud falls under police jurisdiction and recommended that recipients of similar requests report the matter to the relevant police station with all supporting documentation and communications. It also referred investors to its educational and informational materials on financial markets and crypto asset markets aimed at reducing fraud risks.
Slovenia Securities Market Agency 2025-04-15
Slovenia Securities Market Agency warns of rising crypto asset recovery scams targeting investors
The Slovenia Securities Market Agency (ATVP) warned of increasing crypto asset fraud, often involving emails promising to recover lost assets for payments or personal data. ATVP noted tactics like high transaction costs and conditional fund releases, urging caution with online offers promising high returns and low risk. The agency advised reporting suspected fraud to the police and referred investors to its educational resources on reducing fraud risks.