This report is compiled based on a forum discussion initiated by the user Bitcoin_Arena on August 8, 2026, and describes an identified scam scheme associated with the website Polybius Recovery, which positions itself as a service for recovering lost cryptocurrencies for victims of the Polybius ICO.

According to user Bitcoin_Arena, the primary goal of this resource is to collect personal data and identity documents for the subsequent use of this information when filing false asset recovery claims on behalf of the victims, or for sending phishing links. The author notes that the domain was registered only on June 7, 2026.

During the discussion, forum participants drew attention to the scammers tactics. According to user albon, the website claims there are no upfront payments and that a commission of 1/3 of the amount is charged only in the event of a successful fund recovery. However, the resource requires passing full identity verification (KYC) and address confirmation, which, in the absence of reviews and a proven reputation, poses a serious risk of personal data theft. According to user tabas, the service intentionally fails to provide clear timeframes for resolving the issue, citing lengthy bureaucratic processes, which is a tactic to keep users on the hook.

The discussion participants agreed that such services profit from desperate people. According to user Nwada001, the fraudsters may not only collect data but also convince victims to pay upfront for "legal services", ripping people off a second time. User Pikiboy emphasizes that reversing confirmed blockchain transactions is technically impossible unless the scam project has not yet transferred the funds. In turn, user albon clarifies that legitimate recovery is only possible through law enforcement agencies when it comes to large investment projects with a known team, and not through questionable intermediary platforms.