CRYPTO ASSET TRACING - Crypto Legal

We have extensive experience in tracing crypto assets

As the popularity of Bitcoin, Ethereum and the rest of the alt-coins continue to rise, so too do the online scams associated with those digital currencies. Cryptocurrency tracing is commonly part of the investigation and recovery process for victims of:

• Fraudulent investment platforms
• Online theft
• Hacking
• Extortion schemes
• Romance scams

Background

As you become involved in the new digital monetary mechanisms known as cryptocurrency, it doesn’t take long to recognise there’s risk involved in these transactions. And we’re not talking about the volatility of the market. Scams are everywhere online and crypto asset tracing is used to identify perpetrators and locate assets.

Enhanced Crypto Asset Tracing Services

Our advanced crypto tracing services offer a robust solution to tackle cryptocurrency fraud and recover misappropriated assets. Combining cutting-edge technology with expert analysis, we provide a comprehensive suite of forensic tools to address the challenges of digital asset tracing and empower law enforcement agencies and clients with actionable insights.

The Crypto Tracing Report – A Vital Resource

Our Crypto Tracing Report delivers unparalleled insights into the movement of digital assets. This report equips stakeholders with precise information, enhancing their ability to take decisive action in complex crypto-related cases.

Key Features of Our Crypto Tracing Report

•Advanced Asset Tracing: Tracks hacked, stolen, or misappropriated assets across multiple exchanges and wallets, ensuring no transaction goes unnoticed.

•Unlimited Transaction Analysis: Provides exhaustive details, capturing even the most complex transactional patterns.

•Law Enforcement Support: Pinpoints asset locations and provides evidence-backed reports to facilitate law enforcement investigations.

•State-of-the-Art Tools: Employs advanced platforms such as CipherTrace Inspector and Crystal Expert, ensuring reliable and precise analysis.

•Comprehensive Investigations: Delivers in-depth findings, including cross-chain analytics, counterparty exposure, risk assessments, and OSINT (Open-Source Intelligence) insights.

•Custom Action Plans: Outlines next steps, including recovery strategies and potential escalation.

•Certified Expertise: Every report is developed and reviewed by our team of Cryptocurrency Tracing Certified Examiners (CTCE™) and Certified Compliance Professionals in Cryptocurrency Financial Crimes (CCPC™).

Unmasking Cryptocurrency Transactions

Our services pierce the veil of anonymity often associated with blockchain transactions. By employing sophisticated blockchain analysis techniques, including:

•Scrutiny of transaction patterns and address reuse,

•Advanced clustering algorithms, and

•Cross-chain transaction tracing, we expose critical links, enabling the identification of entities involved in suspicious activities.

Addressing Evolving Criminal Techniques

As cybercriminals innovate, so do we. Our solutions are designed to counter evolving threats, such as:

•Analysing complex layering schemes and obfuscation techniques,

•Tracing privacy-enhanced cryptocurrencies using advanced de-anonymisation methods, and

•Continuously updating methodologies to combat emerging laundering strategies.

Blockchains We Trace

We provide tracing reports covering a broad range of cryptocurrencies, including Layer 1 blockchains, Layer 2 scaling solutions, stablecoins, and tokens across multiple standards and networks. Our forensic tools enable detailed transaction analysis on transparent ledgers to support investigative and compliance requirements.

Supported Layer 1 Cryptocurrencies

Our tracing reports include major Layer 1 blockchains with publicly accessible and traceable ledgers:

Bitcoin (BTC)
Ethereum (ETH, ERC-20 tokens)
Litecoin (LTC)
Bitcoin Cash (BCH)
Dogecoin (DOGE)
Ripple (XRP)
Cardano (ADA)
Solana (SOL)
Polkadot (DOT)
Avalanche (AVAX)
Cosmos (ATOM)
Algorand (ALGO)
Tezos (XTZ)
NEAR Protocol (NEAR)
Fantom (FTM)
Tron (TRX, TRC-20 tokens)
Hedera Hashgraph (HBAR)
Stellar (XLM)
EOS (EOS)
Binance Chain (BNB, BEP-2 tokens)
Binance Smart Chain (BNB, BEP-20 tokens)
0x Protocol (ZRX, ERC-20 token)

Partial tracing is available for:

Zcash (ZEC) – transparent transactions only
Dash (DASH) – non-privacy transactions only

Privacy coins such as Monero (XMR) are not traceable using conventional forensic methods.

Supported Layer 2 Solutions

Our reports cover leading Layer 2 networks, primarily Ethereum rollups and sidechains, with full traceability of transactions:

Polygon (MATIC, ERC-20 tokens)
Arbitrum (ARB, ERC-20 tokens)
Optimism (OP, ERC-20 tokens)
Base (ERC-20 tokens)
zkSync (ERC-20 tokens)
StarkNet (ERC-20 tokens)
Immutable X (IMX, ERC-20 tokens)
Loopring (LRC, ERC-20 tokens)

Stablecoins and Other Traceable Tokens

We trace stablecoins and widely used tokens issued on supported blockchains and token standards, including but not limited to:

USD Coin (USDC, ERC-20, BEP-20 and others)
Tether (USDT, ERC-20, TRC-20, BEP-20, Omni)
Dai (DAI, ERC-20)
Binance USD (BUSD, BEP-20, ERC-20)
TrueUSD (TUSD, ERC-20)
Pax Dollar (USDP, ERC-20)
Gemini Dollar (GUSD, ERC-20)
TerraUSD (UST, ERC-20 where applicable)
Wrapped Bitcoin (WBTC, ERC-20)
Wrapped Ether (WETH, ERC-20)

We also support tracing of governance and utility tokens on these networks, subject to ledger transparency.

Our firm regularly updates tracing coverage in line with developments across the blockchain ecosystem. For enquiries regarding specific assets or tailored tracing solutions, please contact us directly to confirm availability.

Empowering Our Clients

Our services are tailored for both individuals and businesses facing financial losses of GBP 20,000 or more. Available on an hourly retainer model, we charge an initial retainer upon onboarding, which is often sufficient to resolve cases effectively. In some instances, a percentage-based contingency fee on recovered funds may apply.

Empowering Law Enforcement

We provide critical support to law enforcement agencies, which often lack specialised crypto-tracing tools and training. Our detailed reports significantly enhance their investigations, offering:

•Precise mapping of asset flows,

•Identification of associated entities, and

•Actionable recommendations for securing and recovering stolen funds.

Extended Capabilities

To remain at the forefront of cryptocurrency forensics, we continually enhance our services, incorporating features such as:

•Real-Time Monitoring: Immediate alerts for suspicious activities linked to designated addresses.

•DeFi and NFT Tracking: Comprehensive tracing capabilities in decentralised finance and non-fungible token ecosystems.

•Risk Scoring and Reporting: Customised reports with clear visualisations and adaptable risk thresholds.

•Collaborative Platforms: Secure, cloud-based environments for multi-party investigations and shared intelligence.

Conclusion

With a focus on combating fraud, recovering stolen assets, and empowering stakeholders, our enhanced crypto tracing services are instrumental in navigating the complexities of the digital asset ecosystem. By combining technical expertise with innovative forensic tools, we ensure that our clients and law enforcement agencies are equipped to address even the most challenging cryptocurrency-related cases.

For enquiries or to engage our services, please contact us at Crypto Legal.

Our Process

1. Planning The Case

If you have lost money as a result of cryptocurrency fraud, you must report it to the police as a crime as soon as possible.

Our team of experts will investigate and analyse the transactions to uncover valuable information related to the case. We look at the behavioural patterns, origination and current location or status of the cryptocurrency in question, identify parties involved, indicators of fraud, dark market interactions, money laundering, and more to provide actionable insights and information.

2. Evaluate Situation

Using deep knowledge and technical understanding of the complex cryptocurrency ecosystem, our experts will evaluate the situation and design an efficient and effective investigative strategy focused on fact-finding. These facts are presented in an easy-to-understand manner via verbal communication, expert reports, and written opinions. We utilise cutting-edge, proprietary technology and workflows to provide deep information not seen in typical blockchain explorer reviews to prove or disprove activities or behaviours for alleged offences.

3. Take Action

In all scenarios, our forensic team acts with the utmost speed and efficiency. We know that in many cases, timing is crucial to the preservation of key facts and data. That’s why our professionals work to assess data populations, determine data source types, analyse actions of individuals and preserve evidence rapidly. We then deliver reports on case intelligence within the shortest possible timeline, helping organisations and individuals to quickly understand the matter and implement appropriate actions.

Expert Guidance

Our consultants excel in balancing the presentation of complex technical findings related to emerging cryptocurrency issues with clear communication tailored for non-technical audiences. We provide forensic reports and opinions that are both accessible and impactful.

Data Protection

Data security is a fundamental aspect of our operations. We handle highly sensitive information, which necessitates robust data protection measures. We are committed to helping our clients maximise the value of their data while addressing global data privacy requirements and proactively mitigating security risks. Safeguarding client information is paramount, especially when their future is at stake.

We Take Care

We recognise that pursuing a cryptocurrency fraud case can be a stressful experience, particularly when dealing with the emotional consequences of being a victim. That is why we keep you informed about the status of your case at every step. By removing jargon from the process, we strive to make everything as straightforward and stress-free as possible.