Bitcoin Tracing

What is Bitcoin Tracing?

Bitcoin Tracing is an essential investigation component in tracking financial transactions on blockchain technology. Bitcoin tracing is usually needed when traders, investors, or individuals have been misled into sending away their bitcoins to an unknown address, or wallet. This may happen due to uncanny tricks employed by scammers who make it impossible for investors to distinguish between genuine trade companies and fake companies. As a result, investors may end up losing the bitcoins they owned. 

After such scams, bitcoin scam victims may hope to hire professional bitcoin recovery specialists to help them have an accurate idea about the legal procedure to be followed. Along with it, they may seek fund recovery

Therefore, bitcoin tracking enables investigators to identify perpetrators and help scam victims of online fraud to locate funds. These investigations support resolving disputes and speed up the bitcoin recovery process using civil lawsuits, regulatory law enforcement actions, and criminal prosecutions. conducts forensics investigations in alliance with lawyers, practitioners, cryptocurrency experts. provides a comprehensive bitcoin tracing service to scam victims to evaluate if their lost bitcoin recovery is possible.    

A team of computer experts knowledgeable in their respective fields with years of proven experience are tech savvies not by chance but by choice. 

Which Cryptocurrencies Are the Hardest to Trace?

Given to their security an anonymous nature, cryptocurrencies allow users to conceal their dentures and transactions. However, amid enhanced security features, sophisticated encryption also faces challenges when investigators need to locate lost funds. Certain methods like using Coinjoin have offered platforms to obscure one’s identity, but still there are cryptocurrencies which tend to be extremely private. Some of them are: Monero, ZCash, Dash, Horizon, Beam, and Verge. 

How Do Bitcoin Recovery Companies Trace Bitcoins?  

Most people consider bitcoins as completely anonymous digital assets. Bitcoin transactions and other digital currencies are publicly available on online blockchain ledgers that identify users solely by the cryptocurrency address. 

These addresses are a long string of alphabets and numbers-without locations, names, or any other identifying detail. Agency, regulators and financial investigation teams like use blockchain tracing technology to pierce through the veil of anonymity. These blockchain intelligent tools include analyzing address reuse common spend to re-anonymize bitcoin transactions. 

What Information Is Needed to Recover Bitcoins?

Usually, a point of investigation begins by gathering first-hand collectible information through scam victims. Team of investigations needs details including: 

  • Blockchain transaction ID 
  • Credit Card descriptions/ companies 
  • Bank accounts used to transfer the bitcoin 
  • Any associated emails containing links to bogus schemes to examine the fraud 
  • Domain name. can help online scam victims track the scammers and report the details of the scams to file for fund recovery

What Information can be Traced by Bitcoin Recovery Specialists? 

Although the key responsibilities of cyber experts include 1) trace the perpetrators first, the other important goal for them is to 2) ensure lost bitcoin recovery. Pursued through rigorous analysis and fact-finding, usually, investigators can draw out the following information: 

1. Transaction Mapping: Available data is converted into visual maps and charts to show how the victim may have interacted with the scammers leading to financial loss. Visual mapping makes it easier for investigators to recognize scam patterns peel the layers of techniques used for money laundering. 

Fund recovery companies use powerful tools that use automated mapping for evidence collection. Such an approach proves to be more efficient than doing a manual review of the entire entries in the blockchain. 

2. Bitcoin Address Clustering Analysis: A bitcoin address clustering is the group of nicknames used for public key addresses used by traders in the bitcoin blockchain. Investigators’ goal is to expand the focus of investigation from one address to larger clusters to collect available evidence. Cluster analysis thus helps determine any linked addresses with the substantial current value.

3. Existing Value: Digital currency like bitcoins with significant value is a critical indicator of bitcoin fund recovery. Investigators may use these to issue seizing warrants to capture prosecutors.  

4. Transaction volume/ Fraud Scheme volume: The volume of digital transactions can signify the potential size of a fraud scheme and the number of targets that may have fallen into the trap. Complaints made to law enforcement typically receive more attention when a cyber criminal syndicate has potentially harmed numerous people.

5. Risk Profiling: Fund recovery services use automated risk-scoring tools and other advanced algorithms to trace the activity of the target address and identity associated associations known as peer-to-peer exchange parties, ransomware, and illegal sanctioned parties. 

6. IP Address: In bitcoin fraud recovery, investigators use advanced technologies to access the network of nodes that follow Internet Protocol addresses associated with certain transactions. IP addresses, whenever available, provide information related to the geographical location of the suspects at the time of scam occurrence, etc. 

Also read- How to find reputable bitcoin recovery companies? 

How Long Does it Take to Trace the Bitcoins? 

Another common question related to bitcoin fund recovery is the processing time usually required by investigators to trace them after a scam has taken place. In bitcoin tracing, the blockchain is the only network that stores public keys, addresses, and non-real identities. Therefore, recovering virtual assets primarily means finding a way to identify the link to these blockchains. Standard blockchain explorers may not be suitable for the job. Therefore, optimum bitcoin tracing might usually take days and map all the transactions

However, has efficient technology to trace bitcoins effisicenty. We use advanced algorithms to track the lost bitcoins on blockchain. Additionally, our bitcoin recovery experts visualize tools for investigating bitcoin transactions. 

Why Hire Fund Recovery Specialists?

Preliminary forensic analysis is often the first logical step in the bitcoin fund recovery process. However, the process requires an investigative plan to proceed, which common individuals usually lack due to the unavailability of advanced technologies. 

The case assessment also provides useful context for the scam and the extent of the fraud. Investigating complex bitcoin frauds requires a comprehensive approach that only experts can bring in to understand the scam and give a knowledgeable perspective. 

Cyber experts provide an accurate narrative of the scam and catalog the events to confirm the financial losses. Their next aim is to find the true identity of the scammers and location responsible parties. Digital forensics of the bitcoin scam may involve piercing into IP addresses, domain servers used in the scam, analyzing links. 

Once these components have been analyzed, due diligence services may be conducted to develop relevant information on the scammers’ background, like finding financial liabilities, credentials, criminal history, and the pattern of fraud. 

Such research may require coordinated efforts aligned with regulatory authorities and law enforcement. offers a comprehensive approach to providing the necessary support to our clients and counseling, examining bank records, filing lawsuits, and assisting the clients in preparing formal complaints to be submitted to the law enforcement agencies ad foreign jurisdictions. A well-guided step-by-step bitcoin trading and fund recovery guide can make the process easier for victims. 

What is Bitcoin?

Bitcoin is a digital currency that is being heavily debated, and will be for years to come. It is a type of cryptocurrency that is available for purchase and use through several websites and exchanges.

Its unique characteristic is bitcoin’s decentralization. That is its ability to exist outside of the central banking system, which eliminates many frauds and identity theft that people have to deal with on a day-to-day basis.

As per one website: “Bitcoin’s mechanics are designed to allow for nearly instant, almost frictionless payments for goods and services, while remaining beyond the reach of both government and financial organizations with an interest in censoring online commerce.

What Is Bitcoin Tracing?

Bitcoin tracing is done through a combination of computer forensics, cryptocurrency data analysis, transaction tracking software, and more. This is done to detect the scammer in question.


The computer forensics aspect of bitcoin tracing is key to identifying the culprit. By analyzing hard drives or memory cards, businesses can pinpoint where your funds went and whether any potential evidence was stolen. This is possible through a mixture of remote searches and laboratory examination.

While forensic computing is being used to recover the money of individuals who have fallen victim to cryptocurrency scam, it can also be used in other investigative operations. Case analysis and overall investigation work can also be aided by this technique.

How to Trace the Bitcoins

Listed below are some steps you can take to get the Bitcoins back from thieves and in order to stop them from doing such crimes in the future.

  • Be alert to scams and shop online cautiously.
  • Always watch your surroundings and your personal information carefully. Do not share personal details, phone numbers or bank accounts on social networking sites.
  • Keep a close eye on your wallet, whether a physical or an online wallet.
  • Keep a close eye on the wallet address you’re transferring Bitcoins to. If your Bitcoins are stolen, you don’t have to depend on your own research to find out where your coins are.
  • Don’t trust sites that you’ve not heard of before. Instead, stick with reliable Bitcoin wallets, like cold storage sites.


These different types of technologies are transforming the modern world and it is not unlikely that the future of everything will revolve around blockchain. But with the technological advancements made by these emerging platforms, it’s even more critical for businesses to ensure their security and are always on the lookout for ways in which blockchain may help them to fight fraud.