Insights

Blog and insights

Research and guidance on blockchain investigation, cryptocurrency fraud, and asset tracing, written for clients and counsel, not search engines.

Illustration of a case file being reviewed after a cryptocurrency theft
Recovery Guidance · March 2026 · 8 min read

What to Do in the First 24 Hours After a Crypto Theft

The steps that matter most in the hours right after you notice something is wrong.

Illustration of a network graph highlighting a traced path of transactions
Blockchain Intelligence · February 2026 · 8 min read

How Blockchain Investigators Actually Trace Stolen Funds

A plain language explanation of what happens after you hand over your case.

Illustration of a browser window showing a manipulated investment chart
Fraud and Scams · January 2026 · 7 min read

Common Investment Scam Patterns We See Repeatedly

The same handful of structures reappear again and again, here is what to watch for.

Illustration of a magnifying glass following a dotted path toward a coin
Cryptocurrency Security · December 2025 · 6 min read

Why You Should Never Pay an Upfront Recovery Fee

A second scam frequently follows the first, here is how to recognize it.

Illustration of a case file with a magnifying glass representing a cross border investigation
Investigations · November 2025 · 7 min read

Inside a Cross Border Asset Tracing Investigation

What changes when the trail crosses national borders, drawn from a real investigative pattern.

Illustration of an institutional exchange building with a padlock
Industry Insights · October 2025 · 7 min read

The State of Crypto Fraud in 2026, What Is Changing

Patterns we are seeing shift, in plain terms, without the hype.

Illustration of a locked file representing a ransomware payment investigation
Investigations · September 2025 · 7 min read

Inside a Ransomware Payment Investigation

What can still be learned after a ransom has already been paid.

Illustration of a digital wallet with a warning symbol representing risky token approvals
Cryptocurrency Security · August 2025 · 7 min read

Reviewing and Revoking Token Approvals, A Practical Guide

A five minute habit that closes one of the most common attack paths in decentralized finance.

Illustration of a browser window with a manipulated chart representing a fraudulent DeFi contract
Fraud and Scams · July 2025 · 7 min read

Recognizing a Fraudulent Contract Before You Deposit

A few patterns show up again and again in the contracts behind decentralized finance losses.

Illustration of a network graph representing assets moving between blockchains
Blockchain Intelligence · June 2025 · 6 min read

Moving Assets Between Networks, Explained Simply

What a network bridge actually does, without the jargon.

Illustration of a case file representing evidence preservation for a business wallet incident
Recovery Guidance · May 2025 · 6 min read

What Evidence to Preserve When a Business Wallet Is Compromised

A short checklist for the first hours after a company treasury incident.

Illustration of an institutional exchange building representing exchange compliance
Industry Insights · April 2025 · 6 min read

Why Exchange Cooperation Has Improved in Recent Years

A quiet but meaningful shift in how regulated exchanges respond to legal requests.

Illustration of a cracked digital wallet with a warning symbol, representing a compromised seed phrase
Cryptocurrency Security · April 2026 · 10 min read

How Seed Phrase Theft Happens and How to Prevent It

Seed phrase compromise remains the single most common way self custody wallets are emptied. Here is how it actually happens and what meaningfully reduces the risk.

Illustration of a digital wallet with a crack forming around an exposed key icon
Cryptocurrency Security · April 2026 · 9 min read

Private Key Theft, Warning Signs and What to Do Next

A stolen private key compromises a single address rather than an entire wallet tree, but it moves just as fast. Here are the signs and the correct response.

Illustration of a cracked wallet icon with funds visibly draining outward through a warning symbol
Fraud and Scams · April 2026 · 8 min read

How Wallet Draining Attacks Work

Wallet drainers are packaged crime kits, not lone hackers, and they have moved hundreds of millions of dollars by getting victims to approve their own theft.

Illustration of a digital wallet with a permission checkmark being overridden by a warning icon
Cryptocurrency Security · April 2026 · 8 min read

How Malicious Token Approvals Are Used to Empty a Wallet

Approval phishing has generated more than a billion dollars in losses since 2021 by exploiting a permission system most wallet users never fully understand.

Illustration of a smartphone with a SIM card being removed and replaced, representing a hijacked phone number
Fraud and Scams · April 2026 · 8 min read

How a SIM Swap Attack Leads to a Drained Crypto Account

A SIM swap does not steal crypto directly. It steals a phone number, and from there, everything protected by SMS verification becomes reachable.

Illustration of an institutional exchange building icon with a broken padlock, representing a compromised account
Investigations · April 2026 · 8 min read

What Happens When Your Exchange Account Is Compromised

Exchange account compromise usually starts outside the exchange itself, in an email inbox, a phone carrier, or a phishing message, and understanding that sequence shapes what an investigation can find.

Illustration of a cracked digital wallet with a checklist overlay, representing steps taken after a hack
Recovery Guidance · April 2026 · 9 min read

What Happens After a Crypto Wallet Hack

The hours right after discovering a wallet hack determine how much can realistically be contained and traced. Here is the order that actually matters.

Illustration of a physical hardware wallet device with a warning icon over its screen
Cryptocurrency Security · April 2026 · 9 min read

Hardware Wallet Security Mistakes That Still Lead to Losses

A hardware wallet removes online exposure, not human error. Backup mistakes, data breaches at manufacturers, and misidentified cold wallets have all led to major losses.

Illustration of an envelope with a hook through it, representing a phishing message aimed at crypto holders
Cryptocurrency Security · April 2026 · 11 min read

How Phishing Steals Cryptocurrency

Phishing is still the single most common way cryptocurrency gets stolen. Here is how the different phishing techniques actually work, and why they keep succeeding even as people become more aware of them.

Illustration of an envelope with a hook through it, representing a fake support message targeting a distressed crypto user
Fraud and Scams · May 2026 · 8 min read

Fake Customer Support Scams Targeting Crypto Users

Fake customer support scams target the exact moment a crypto user is most vulnerable, right after something has already gone wrong. Here is how the scam works and how to spot the difference between real help and a second attack.

Illustration of a split face icon representing a fabricated video used in a fake crypto giveaway scam
Fraud and Scams · May 2026 · 9 min read

Why Fake Crypto Giveaways Still Work

Send one coin, get two back. It is one of the oldest crypto scams around, and it is still costing victims millions through hijacked YouTube channels and AI generated livestreams. Here is why it keeps working.

Illustration of an envelope with a hook through it, representing a fraudulent airdrop claim link
Fraud and Scams · May 2026 · 9 min read

How Fake Airdrop Scams Steal Wallet Access

Real airdrops have trained crypto users to expect free tokens for simply holding a wallet. Scammers exploit that exact expectation to get victims to connect their wallets to draining contracts.

Illustration of a split face icon representing a fabricated video used in an Elon Musk impersonation crypto scam
Fraud and Scams · May 2026 · 8 min read

Inside the Elon Musk Impersonation Crypto Scam

Elon Musk has become the single most impersonated figure in cryptocurrency fraud, with no involvement of his own. Here is how these scams are built and why his name in particular keeps getting used.

Illustration of a split face icon representing a cloned celebrity likeness used in a crypto endorsement scam
Fraud and Scams · May 2026 · 8 min read

How Celebrity Impersonation Crypto Scams Operate

Elon Musk is far from the only public figure being used to sell fraudulent crypto schemes. Musicians, actors, and online creators are all being cloned to lend fake credibility to scams they have never heard of.

Illustration of a split face icon representing an AI generated video used in a crypto investment scam
Fraud and Scams · May 2026 · 9 min read

How Deepfake Videos Are Used in Crypto Scams

Deepfake enabled crypto fraud reportedly tripled in a single year. Here is how AI generated video and voice are being used to fabricate endorsements, CEO instructions, and entire fake broadcasts.

Two chat bubbles, one showing a warning icon, representing a scam conversation building toward a fraudulent crypto investment
Fraud and Scams · June 2026 · 11 min read

How Pig Butchering Scams Work

Pig butchering scams now account for more reported cryptocurrency losses than any other fraud category. Here is how the scheme actually works, step by step.

Two chat bubbles, one flagged with a warning, representing a romantic online relationship turning into a financial request
Fraud and Scams · June 2026 · 8 min read

How Romance Scams Lead to Cryptocurrency Losses

Cryptocurrency is now the leading payment method in reported romance scams. Here is how a genuine seeming relationship turns into a financial loss, and why it happens to smart, careful people.

Two chat bubbles, one showing a warning icon, representing a fraudulent bot conversation inside a Telegram crypto group
Fraud and Scams · June 2026 · 8 min read

Common Telegram Crypto Scams to Recognize

Telegram fraud reports jumped sharply over the past year, driven largely by fake trading bots and impersonation accounts. Here is what these scams look like and how they operate.

Two chat bubbles, one flagged with a warning, representing an unsolicited WhatsApp message that leads to a crypto scam
Fraud and Scams · June 2026 · 8 min read

How WhatsApp Crypto Scams Typically Begin

Many crypto scams now start with an ordinary looking WhatsApp message, a wrong number or a casual job offer. Here is how these conversations escalate into real financial loss.

Two chat bubbles, one showing a warning icon, representing a compromised Discord server posting a fraudulent link
Fraud and Scams · June 2026 · 8 min read

Discord Crypto Scams and What to Watch For

Discord hosts most major crypto and NFT communities, and attackers have built an entire playbook around compromising servers and draining wallets from inside them. Here is how it works.

A split face icon representing a deepfake generated persona used in a cryptocurrency scam
Industry Insights · June 2026 · 8 min read

How AI Is Changing Cryptocurrency Scams

AI referenced fraud complaints topped nearly 900 million dollars in losses last year in the United States alone. Here is how generative tools are reshaping cryptocurrency scams and what actually still works to stop them.

A locked file icon representing a compromised business email account used to redirect a company payment
Fraud and Scams · June 2026 · 8 min read

Business Email Compromise and Cryptocurrency Payment Fraud

Business email compromise remains one of the costliest forms of fraud tracked by the FBI, and a growing share of it now ends with funds converted into cryptocurrency. Here is how these attacks unfold.

Illustration of a browser window displaying a manipulated investment chart on a fake trading platform
Cryptocurrency Security · July 2026 · 9 min read

How to Identify a Fake Crypto Investment Platform

Fake investment platforms now account for the single largest category of reported crypto losses. Here is how they are built, and how to check one before you deposit anything.

Illustration of a browser window showing a fabricated exchange dashboard with a locked withdrawal button
Fraud and Scams · July 2026 · 8 min read

How Fake Cryptocurrency Exchanges Trap Depositors

A fake exchange does not need to steal anything directly. It only needs to convince you the money is still there, right up until you try to take it out.

Illustration of a browser window showing an AI trading dashboard with a manipulated performance chart
Fraud and Scams · July 2026 · 8 min read

Fake AI Trading Platforms and How the Pitch Works

Artificial intelligence has become the preferred explanation fraudulent trading platforms use to justify returns that cannot exist. Here is how the pitch is constructed and how it has been prosecuted.

Illustration of a browser window displaying a fabricated cryptocurrency mining dashboard with rising fake earnings
Fraud and Scams · July 2026 · 8 min read

Fake Cryptocurrency Mining Schemes Explained

Cloud mining scams reportedly drained hundreds of millions of dollars in 2025 alone. The pitch relies on a dashboard that has nothing to do with any actual mining hardware.

Illustration of a browser window showing a fabricated investment dashboard representing a crypto Ponzi scheme
Fraud and Scams · July 2026 · 8 min read

How Ponzi and Pyramid Schemes Reappear in Cryptocurrency

Bitconnect and OneCoin were not new kinds of fraud. They were a hundred year old structure wrapped in blockchain language, and the pattern keeps returning.

Illustration of a cracked, framed digital token representing a fraudulent NFT collection
Fraud and Scams · July 2026 · 9 min read

Common NFT Scams and How They Work

One major marketplace has estimated that the large majority of non fungible tokens minted through its own free tools are fake, stolen, or spam. Here is what buyers and creators actually run into.

Illustration of a case file being opened to document a cryptocurrency theft
Recovery Guidance · July 2026 · 9 min read

My Crypto Was Stolen, What Should I Do Now

The steps you take in the first hours after discovering a theft shape what any later investigation can accomplish. Here is the order that actually matters.

Illustration of a case file being opened to begin documenting a cryptocurrency scam
Recovery Guidance · July 2026 · 11 min read

What to Do After a Crypto Scam

A clear, ordered set of steps for what to do after a crypto scam, covering what to secure first, who to contact, and the mistakes that make things worse.

Illustration of a dotted path leading from a stolen coin toward a recovery point
Recovery Guidance · August 2026 · 9 min read

Can Stolen Cryptocurrency Be Recovered

A realistic answer to the question every victim asks first: can stolen cryptocurrency actually be recovered, and what determines whether it happens.

Illustration of a node graph tracing a path of Bitcoin transactions across multiple wallet addresses
Blockchain Intelligence · August 2026 · 10 min read

How to Trace Stolen Bitcoin

How investigators actually trace stolen Bitcoin, explained in plain language, from the structure of a Bitcoin transaction to how clusters of wallets are identified.

Illustration of a node graph showing stolen funds crossing between separate blockchain networks
Blockchain Intelligence · August 2026 · 9 min read

How Investigators Trace Stolen Funds Across Multiple Blockchains

A technical but plain language look at how investigators follow stolen funds as they move across bridges and multiple blockchains, and where that trail gets genuinely hard to follow.

Illustration of a false path branching off a legitimate recovery route toward a warning sign
Cryptocurrency Security · August 2026 · 9 min read

Cryptocurrency Recovery Scams, How the Second Scam Works

How the recovery scam, often called the second scam, targets people who already lost cryptocurrency, and the specific tactics that make it so effective.

Illustration of a checklist beside a warning icon representing verification of a crypto recovery claim
Cryptocurrency Security · August 2026 · 8 min read

Warning Signs of a Fake Crypto Recovery Agent

A practical checklist of warning signs that separate a fake crypto recovery agent from legitimate investigative help, plus the questions worth asking before trusting anyone with your case.

Illustration of a locked padlock beside a threatening email demanding cryptocurrency payment
Fraud and Scams · August 2026 · 9 min read

Cryptocurrency Blackmail and Extortion Scams Explained

How cryptocurrency blackmail and sextortion emails actually work, why nearly all of them are bluffs, and the right way to respond if one lands in your inbox.

Illustration of a locked file icon chained beside a cryptocurrency coin representing a ransomware payment demand
Industry Insights · August 2026 · 9 min read

Why Ransomware Groups Still Demand Cryptocurrency Payments

Why ransomware operators continue to demand cryptocurrency despite years of tracing advances, what current payment data shows, and why paying is still discouraged.

Node and connection diagram representing interconnected DeFi protocol contracts and exploit pathways
Blockchain Intelligence · June 2026 · 11 min read

How DeFi Exploits Happen, Explained Simply

Decentralized finance protocols move billions of dollars through open source code with no central operator to call in an emergency. Here is how attackers actually break that code, and why the resulting losses are so difficult to reverse.

Node and connection diagram showing funds moving between separate blockchain networks through bridge points
Blockchain Intelligence · July 2026 · 10 min read

How Cross Chain Laundering Complicates Fund Tracing

More than twenty one billion dollars in illicit funds moved through bridges and cross asset services in 2025 alone. Here is why criminals move stolen crypto between chains, and how investigators follow it anyway.

Node and connection diagram illustrating a single atomic transaction borrowing, manipulating, and repaying funds
Blockchain Intelligence · July 2026 · 9 min read

Flash Loan Attacks, A Plain Language Explanation

A flash loan lets someone borrow millions of dollars with zero collateral, provided it is repaid within the same transaction. Here is how that feature, built for legitimate arbitrage, became one of DeFi's most common attack tools.

Node and connection diagram showing many wallet addresses funneling into a mixing pool and back out
Blockchain Intelligence · July 2026 · 10 min read

How Cryptocurrency Mixing Services Affect an Investigation

Mixing services pool cryptocurrency from many users together to obscure which coins came from where. Here is how they actually work, what happened to Tornado Cash and Sinbad, and why mixed funds are slower to trace, not impossible.

Illustration of an institutional exchange building representing centralized exchange custody and security
Industry Insights · July 2026 · 11 min read

Lessons From Recent Major Exchange Hacks

Bybit, WazirX, and CoinDCX were each breached in a different way, yet the underlying failure points repeat across all three. Here is what recent exchange hacks actually reveal.

Illustration of an institutional building representing large scale, organized cryptocurrency theft operations
Industry Insights · August 2026 · 11 min read

State Linked Hacking Groups and Large Scale Crypto Theft

According to Chainalysis, North Korean state linked hackers stole roughly two billion dollars in cryptocurrency in 2025 alone. Here is what credible public reporting says about how these groups operate and why they are different from ordinary criminal actors.

Illustration of an institutional building representing aggregated industry wide cryptocurrency theft data
Industry Insights · August 2026 · 10 min read

Cryptocurrency Theft in 2026, What the Numbers Show

Chainalysis data puts total illicit cryptocurrency activity at roughly one hundred fifty four billion dollars in 2025. Here is what the numbers actually show about who is stealing crypto, how much, and where the money goes.

Illustration of an investigation file folder representing the process of formally reporting cryptocurrency theft
Recovery Guidance · August 2026 · 10 min read

How and Where to Report Cryptocurrency Theft

Reporting stolen cryptocurrency will not always lead to an immediate arrest, but it remains a meaningful step. Here is exactly where to file a report, what to gather beforehand, and what actually happens afterward.