SRA warns public about a website falsely implying regulatory backing for fraud recovery services
The Solicitors Regulation Authority (SRA) has issued a warning about a website that falsely suggests a connection with the legal regulator while offering services to recover money lost through fraud.
According to the regulator, a website operating under the name “Blockchain Asset Refund” claims to help individuals recover funds lost to fraudulent investments and scam platforms. However, the SRA has confirmed that the organisation behind the website is not authorised or regulated by the regulator.
The regulator said the website misuses the SRA’s clickable logo, which appears at the bottom of the page. The logo displayed is outdated and dated 2 September 2025. The SRA also noted that the logo does not link to its official website verification page, raising concerns about the legitimacy of the site’s claims.
The website further states that individuals seeking assistance with recovering funds lost to fraud may be able to “speak to a solicitor” during the recovery process. The SRA emphasised that any business or transactions conducted through the website are not undertaken by a firm or individual authorised by the regulator.
The SRA has identified the website address associated with the activity as www.blockchainassetfund.com. It warned that the organisation operating the site is not a regulated entity and that it does not authorise or regulate any organisation called “Blockchain Asset Fund”.
The alert forms part of the SRA’s ongoing efforts to highlight scams and impersonation tactics targeting members of the public. The regulator regularly publishes scam alerts to warn consumers about individuals or organisations falsely claiming to be solicitors or law firms.
In this instance, the regulator said the misuse of its branding could create the impression that the website and its services are connected with the official regulatory framework governing solicitors in England and Wales.
The SRA advises members of the public to exercise caution when dealing with organisations that claim to offer legal services or assistance recovering funds lost through fraudulent schemes.
Where there is a risk that a firm’s identity has been copied or misused, the regulator recommends carrying out due diligence before engaging with the organisation. This includes verifying the authenticity of correspondence and checking whether the firm or individual involved is authorised to provide legal services.
Consumers can confirm whether a solicitor or law firm is regulated by searching the official register maintained by the SRA. The regulator also recommends contacting firms directly using independently verified contact details, rather than those supplied in unsolicited communications.
Additional verification methods, such as checking publicly available records including company information or telephone directories, may also help confirm whether a business is genuine.
The regulator encourages individuals who receive communications from organisations claiming to be linked to the website described in the alert, or presenting similar characteristics, to verify the authenticity of those communications before responding or sharing information.
The SRA continues to monitor reports of impersonation and scam activity and publishes alerts to help the public identify potential risks when seeking legal assistance or engaging with organisations offering financial recovery services.