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How to Recover Money from Crypto ScamsEvery crypto wallet you create or own has its own private key, imagine the private key as your online banking password, and each crypto wallet (account) has. A recovery phrase is a key to accessing your wallet and funds. It usually consists of 12/18/24 randomly generated words that are created when you first set up. Go to Settings and tap Recovery Phrase under the Security section � Tap View Recovery Phrase in the pop-up window � Enter your passcode to view your recovery.