CRYPTO FRAUD INVESTIGATION · BLOCKCHAIN ANALYSIS · 4 MIN READ

A cryptocurrency fraud investigation rarely depends on a single piece of information.

A wallet address, transaction record, or exchange account can each provide useful information. When these records are examined together, they can help investigators build a clearer picture of how digital assets moved.

At Canva Recovery Team (CRT), we analyze available blockchain and supporting evidence to help clients document suspected cryptocurrency theft and fraud.

1. Wallet Addresses Show Where Funds Move

A wallet address acts as a destination or source for cryptocurrency transactions.

When stolen funds are transferred, the relevant addresses can provide the starting point for tracing the movement of those assets.

An investigation may examine:

• The original sending address
• The receiving address
• Subsequent addresses
• Related transaction activity

However, a wallet address alone does not normally reveal the identity of its owner.

2. Transactions Create the Timeline

The transaction record provides additional information about what happened.

Depending on the blockchain, investigators may be able to examine:

• Transaction hashes
• Amounts transferred
• Dates and times
• Sending and receiving addresses
• Subsequent transfers

This can help establish a chronological trail showing how funds moved after the reported incident.

3. Exchange Records Can Add Another Layer

Cryptocurrency may eventually reach a centralized exchange or another identifiable service.

Unlike a blockchain address, an exchange account may be associated with additional information collected by the service.

Depending on the circumstances and applicable legal processes, exchange records may potentially provide information that helps connect blockchain activity with an account or customer.

This is why reaching an identifiable service can become an important point in a digital asset investigation.

Putting the Evidence Together

Consider a simplified example:

Victim’s wallet → Wallet A → Wallet B → Cryptocurrency exchange

The blockchain may establish the movement between the addresses.

Additional records may potentially help determine whether Wallet B interacted with a particular exchange.

The exchange may hold separate account information that could become relevant through appropriate procedures.

No single record necessarily tells the entire story. The value often comes from connecting the available evidence.

What CRT Examines

At Canva Recovery Team, our investigation may involve reviewing:

Wallet addresses — identifying relevant blockchain addresses.

Transaction histories — documenting the movement of digital assets.

Exchange interactions — identifying potential points where funds reached identifiable services.

Communications — reviewing messages, emails, websites, and other information surrounding the transaction.

Supporting documentation — organizing screenshots, receipts, account records, and other evidence.

This helps create a structured record of the reported incident.

Can This Lead to Recovery?

Blockchain analysis can help document where cryptocurrency moved, but it does not guarantee that stolen assets can be recovered.

Recovery may depend on the location of the funds, available evidence, relevant service providers, legal procedures, and other circumstances.

At CRT, we focus is on evidence-based investigation and helping clients understand the available information and potential next steps.

If You Have Lost Cryptocurrency

Preserve your:

• Transaction hashes
• Wallet addresses
• Exchange records
• Screenshots
• Communications
• Payment receipts
• Website information

And never provide your seed phrase, private keys, passwords, or authentication codes to a person claiming to investigate your case.

Canva Recovery Team — Recover What Matters. Pursue the Evidence.

If you believe your cryptocurrency was stolen or obtained through fraud, our team can help you begin by examining the available evidence.

[Request a Confidential Case Assessment →]

Canva Recovery Team provides investigative and documentation support based on available evidence.