Can Cryptocurrencies Be Traced?
Nearly all virtual currencies can be tracked, even if most of them are decentralized. Wallets are digital accounts used to store cryptocurrency. Every time cryptocurrency is transferred between wallets, it is noted in the blockchain.
In addition to tracking the movement of cryptocurrency and identifying individual wallets, we can also determine the location of those wallets and even the whereabouts of the people who access them.
Cryptocurrencies Are Not All the Same
Not all cryptocurrency can be traced, but the majority can. At SiliconSleuth, we can track down the most well-known cryptocurrencies.
Recognizing Bitcoin Losses and Possible Recoveries.
Although it is unknown how much cryptocurrency is stolen, embezzled, or mishandled each year, experts at SiliconSleuth concur that the sum is in the billions. You are not required to be included in this statistic. We can offer a thorough due diligence report of all the associated cryptocurrency wallets prior to any cryptocurrency purchases.
To find out if cryptocurrency tracing services could help your case, set up a free consultation if you have already lost cryptocurrency.
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