Forgetting the recovery phrase to a crypto wallet can be stressful enough. Unfortunately, that’s exactly the moment scammers are waiting for. A new warning highlights a growing scam in which cybercriminals disguise malware as cryptocurrency recovery software, tricking desperate users into handing over far more than just access to their wallets.

The fake recovery tool that’s actually malware

According to The Guardian, the scam begins when users search online for a way to recover a forgotten 12- or 24-word seed phrase, the recovery key that unlocks a cryptocurrency wallet. Fake websites then promote seemingly legitimate recovery tools with reassuring names like “Lost Crypto Wallets Finder”, claiming they can help…