Cryptocurrency Tracing
Professional tailor-made investigative services to address security breaches, stolen or hacked cryptocurrency and suspicious transaction analysis.
Nowadays, when crypto crimes are getting more and more complicated, one thing has never changed. Criminals use new technology to cut off the blockchain transaction flow so the record becomes untraceable. These new technology includes swaps, cross-chain bridges and recently mixers.
Beosin, coming from a strong smart contract audit background, is able to fully anatomize more than 100 cross chain bridge and swap protocols to trace through them.
Beosin is also equipped with an investigation team with backgrounds in law enforcement. The team has enough case experience and can quickly identify the clues and wallets to trace.
Since 2018, $100 M+ USD has been recovered for 1,000+ clients.
Process
No.1 Leads collection
01
Through network monitoring, Intelligence systems and other technical investigation methods, clues are obtained such as the target's installed blockchain applications, document materials, etc.
02
Relevant crypto wallet addresses and mnemonics are extracted.
No.2 On-chain analysis
1. Verify information
Through official browsers or analysis tools, extract relevant transaction data from the corresponding blockchain using addresses or transaction hashes, and then organize, verify, assess, and analyze the data to
● Confirm the authenticity of the case
● Confirm the involved addresses
● Confirm the transaction of the addresses
2. Leads extension
Construct a funding map to trace the flow of involved funds and gather intelligence on all related addresses along the blockchain. Expand the on-chain address network of the project comprehensively to track the destination of stolen funds and analyze the project's operational model. The funding map normally includes:
● Correlation Analysis
● Fund Inflow / Outflow Analysis
● Address Expansion Analysis
3. Uncover forensic targets
On the funding map, analyze the functions of the addresses used by the involved project, and gather clues related to exchanges and other platforms. This will help in preparing for the next step of obtaining evidence and identifying individuals involved Target to:
● Determine forensic targets
● Generate forensic letters
No.3 Evidence Collection
1. Send forensic letters to platforms
Due to the differences between platforms, the required documents and steps for obtaining evidence will vary. It is essential to actively communicate and collaborate with the platforms during the evidence retrieval process to minimize delays and avoid spending too much time on this step.
2. Evidence Integration
Organize the on-chain and off-chain evidence, and decide if further on-chain tracking is needed based on the case details. Provide evidence on the suspect targets to assist law enforcement actions, and assist in providing evidence for case rulings.
Off-chain evidence includes:
● Suspect Identity Information (ID number, phone number, registration IP, etc.)
● Order History Records
● P2P Fiat Transaction Records
● OTC Fiat Payment Methods