true402
guide · token safety

Stuck in a honeypot.
What now?

If a token let you buy but won’t let you sell, you want one thing: your money back. The honest answer is hard — but reading this can stop you from losing more, because the people who target honeypot victims next are even more dangerous than the first scam.

§01 · the honest answer

The trapped token is almost never recoverable.

A honeypot blocks the sell at the contract level. No wallet setting, no other DEX, and no third party can force a trade the code refuses — and if liquidity was pulled, there’s nothing to sell into anyway. It’s painful, but treating the position as a loss now is the move that protects what you still have.

§02 · the second scam

“Recovery services” are bait.

The moment you post about a loss, accounts will DM offering to recover your funds. They are scammers. No legitimate service can reverse an on-chain transaction or unlock a contract-level sell block. They want an upfront fee or your seed phrase, and then they vanish. Rule with no exceptions: never share your seed phrase, never pay upfront for recovery.

§03 · damage control

What to actually do.

  • Don’t buy more. Averaging down is the trap working.
  • Revoke approvals you granted the token (use an approvals checker) — so it can’t touch your other balances.
  • Move remaining funds to a fresh wallet if you signed anything on a sketchy site.
  • Save the tx hashes and report the address to scam trackers.
  • Write it off — and make sure it can’t happen twice.
§04 · never again

Check sellability before you buy.

The only reliable defence is to simulate the sell before buying. true402 runs a real buy→sell round trip on Base and tells you if the token can actually be sold — ~$0.005, no account. See why you can buy but not sell, how the simulation works, and how to avoid a rug pull.

§05 · questions

Answered for machines.

How do I recover crypto from a honeypot scam?

In most cases you cannot. A honeypot blocks selling at the smart-contract level, so no wallet setting, no different exchange, and no third party can force the trade — the contract simply refuses. If the scammers later pulled the liquidity, there is also nothing to sell into. The realistic steps are damage control: revoke any token approvals you granted, move your other assets to a fresh wallet if you signed anything suspicious, and record the loss. Recovering the trapped token itself is almost never possible.

Are crypto recovery services real?

Almost universally no — "crypto recovery" offers are a second scam targeting people who just lost money. They ask for an upfront fee or your seed phrase and then disappear or drain whatever is left. No legitimate service can reverse an on-chain transaction or unlock a contract-level sell block. Anyone who DMs you after a loss promising recovery, especially for a fee, is a scammer. Never share your seed phrase or pay upfront.

What should I do right after buying a honeypot?

First, stop — do not buy more to "average down", that is the trap working. Then: revoke the token’s approval to any spender (an approvals checker shows what you granted), assume the token is a total loss, and if you interacted with a sketchy site, move your remaining funds to a new wallet. Save the transaction hashes; you can report the address to scam trackers. Then make sure it can’t happen again by checking the next token before you buy.

How do I avoid honeypots next time?

Check whether a token can be sold before you buy it. A buy/sell simulation runs the round trip on-chain and tells you if the sell reverts — the one thing a chart or a contract scan can’t. true402 does this per call on Base for about $0.005 with no account, and also catches partial traps (sellable small, blocked at size) and latent ones (an owner who can blacklist you later).