Comprehensive Manual for Blockchain Tracing

By Crypto Sentry Recovery: Empowering Victims to Trace Their Lost Crypto

This book is designed for those who have advanced blockchain tracing knowledge. It will guide you step-by-step through the very complex process of tracking lost or crypto recovery by using open-source tools and best practices used in the blockchain forensics field.

1. Understanding Crypto Fraud Basics

Before you learn blockchain tracing, it’s necessary to know what the key tactics are that the scammers use:

• Phishing Scams: Fake websites, wallets, or exchanges made to steal your credentials.
• Rug Pulls: Projects where the developers run away after collecting funds.
• Pig Butchering: Manipulative scams that play on the emotional and financial vulnerability of the victims.

Identify these patterns to understand how the stolen funds may have moved through the blockchain.

2. Tools and Software for Blockchain Analysis

For a good tracing of stolen crypto, you are going to need some professional tools. Below are some recommendations:

• Blockchain Explorers: Tools like Etherscan, BscScan, and Blockchain provide the histories of transactions involving different blockchains.
• Forensic Software: Professional tracing capabilities with Chainalysis, Elliptic, and Anchain.ai trace the movement of funds through wallets and exchanges.
• Wallet Address Checkers: ScamSniffer and AMLBot check if an address has been flagged suspicious.
• Node Access: Operating a node on a blockchain grants one access to data on transactions as well as access to historical queries.

3. Step-by-Step Guide on How to Trace Stolen Cryptocurrency

Step 1: Collect Evidence

• Record the Incident: Record all TXIDs, wallet addresses involved, and communications with the scammer.
• Key Addresses: Start from the wallet address where your funds were sent.

Step 2: Track the Money Trail

• Enter TXID in Blockchain Explorer: Use Etherscan tools to view your stolen funds transaction history.
• Follow the Trail: Track each transaction and record which funds were forwarded. Look for patterns, such as breaking into multiple wallets, often known as “peeling.”

Step 3: Identify Suspicious Wallets

• Apply Address Checkers: Verify that the receiving wallets are involved in scams or exchanges.
• Monitor Wallet Activity: Using explorer features, set up an alert on the suspicious wallet to watch for additional movement.

Step 4: Identify Exchange Deposits

• Find Exchange Wallets: Some of the transactions to the central exchanges may have a chance to interact with the law enforcement, for instance, Binance or Coinbase.
• Subpoena Them: Some might need an actual subpoena for that information.

4. Advanced Techniques Usage

• Clustering Analysis

Use forensic tools that offer clustering capabilities to look into affiliated wallets. Most fraudsters operate on more than one wallet that can be traced with transaction patterns or joint inputs.

• Mixer Identification

Most fraudsters normally utilize mixers or tumblers to clean their money. Though tracing through these services is very hard, forensic tools can sometimes detect patterns showing the usage of a mixer.

• Cross-Blockchain Tracing

Use tools that can trace funds across blockchains. Services like Anchain.ai specialize in identifying wrapped tokens or cross-chain swaps.

5. Reporting and Recovery Measures

Step 1: Reporting to the Relevant Authorities

Distribute a very detailed report in the following contents:

• Transaction ID numbers and associated wallet addresses;
• Proof of frauds.

The same report goes to the regional police department or, for cyber-crime-related instances, Homeland Security, FBI among others.

Step 2: Reporting to the Exchanges

In case there are deposits with exchanges, present your case in evidence to these exchanges’ help desks. They can freeze a suspect account as well using an official channel.

Step 3: Working with the Experts

Contact professional blockchain forensic companies like Crypto Sentry Recovery to avail of advanced recovery processes when the funds are significantly obscured.

6. Tips to Avoid Future Occurrences

• Avoid High-Risk Transactions: Verify the credibility of platforms and projects before transacting with money.
• Use cold wallet: For large amounts, store crypto in hardware wallets kept offline.
• Activate multi-signature security: Secure transactions with a requirement for several private keys
• Leverage prevention kits: Use Crypto Sentry Recovery’s services for proactive protection against crypto losses.

7. Resources and References

• Open Tools:

Here’s an expanded list of blockchain explorers and tools tailored to different blockchains for tracing lost or stolen cryptocurrency:

• • Bitcoin (BTC)
    • Blockstream Explorer – A Bitcoin-focused explorer that allows detailed transaction tracking.
    • BTC.com Explorer – Provides wallet tracking, mempool insights, and transaction tracing.
    • OXT.me – A privacy-focused Bitcoin explorer with clustering and advanced analytics.

• • Ethereum (ETH)

• • • Etherscan – The most widely used Ethereum explorer with detailed token and contract analysis.
    • Ethplorer – Simplified Ethereum token explorer for tracking ERC-20 and ERC-721 tokens.
    • Dune Analytics – Advanced analytics platform for creating custom Ethereum transaction dashboards.

• • Binance Smart Chain (BSC)

• • • BscScan – The go-to explorer for BSC with tools for tracking BEP-20 token transactions.
    • BSC Tracker – Offers an alternative with a focus on wallet insights and token analytics.

• • Polygon (MATIC)

• • • Polygonscan – Blockchain explorer for the Polygon network with transaction tracing.
    • Polygon Analytics – Provides wallet analysis and token tracking on Polygon.

• • Solana (SOL)

• • • Solscan – The primary blockchain explorer for Solana, tracking transactions and NFTs.
    • Solana Explorer – Solana’s native explorer for advanced transaction tracing.

• • Cardano (ADA)

• • • Cardanoscan – A detailed blockchain explorer for Cardano.
    • AdaStat – Offers staking pool insights along with transaction and wallet tracking.

• • Avalanche (AVAX)

• • • Snowtrace – The main explorer for the Avalanche network.
    • AVAX Explorer – Provides insights into transactions, nodes, and validators.

• • Tron (TRX)

• • • TronScan – Comprehensive explorer for the Tron network, including token tracking.
    • TRON Explorer – Offers an alternative with streamlined features.

• • Ripple (XRP)

• • • XRP Scan – A detailed Ripple explorer for tracking XRP transactions.
    • Bithomp – XRP wallet explorer with transaction history and tag analysis.

• • Dogecoin (DOGE)

• • • DogeChain Explorer – The official explorer for Dogecoin with wallet tracking.
    • Blockchain for DOGE – Offers insights into Dogecoin transactions and wallet activities.

• • Litecoin (LTC)

• • • Litecoin Explorer – A multi-purpose explorer for Litecoin transactions.
    • Litecoinpool Explorer – Offers additional insights into Litecoin blockchain data.

• • Arbitrum

• • • Arbiscan – Explorer for Arbitrum Layer 2 transactions.
    • BlockScout for Arbitrum – Allows wallet and token tracking.

• • Optimism

• • • Optimistic Etherscan – Ethereum Layer 2 explorer for Optimism transactions.
    • BlockScout for Optimism – Detailed insights into Optimism wallets and activity.

• • Near Protocol (NEAR)

• • • NEAR Explorer – The official explorer for the NEAR blockchain.
    • NearBlocks – Offers a clean UI for NEAR transaction tracking.

• • Cosmos (ATOM)

• • • Mintscan – Comprehensive Cosmos blockchain explorer.
    • Cosmos Explorer – Offers validator insights and transaction analysis.

• • Zcash (ZEC)

• • • Zcha Explorer – Tracks transparent Zcash transactions.
    • ZecPages – Community-driven explorer for Zcash.

• • Dash

• • • Dash Insight – Blockchain explorer for Dash transactions.
    • BlockCypher for Dash – Offers wallet and transaction monitoring for Dash.

• • Monero (XMR)

• • • MoneroBlocks – Explorer for Monero’s transparent outputs (view keys required for full tracing).
    • XMRChain – Tracks Monero blockchain transactions for public data.

These tools are essential for tracing cryptocurrency transactions across multiple blockchains. For advanced users, integrating multiple platforms and forensic tools can reveal deeper insights into fund movements.

8. When to Contact Crypto Sentry Recovery

If tracing becomes too complex or involves organized crime, Crypto Sentry Recovery offers expert forensic services, including:

• Comprehensive fund tracing reports.
• Direct collaboration with law enforcement.
• Pro bono services for qualifying cases.

For additional support or to initiate a consultation, visit lionsgatenetwork.com or contact our team directly.

There is a necessity for these tools to follow cryptocurrency transaction flows across multiple blockchains. People in the know would be well served by pairing multiple platforms with forensic tools to look at how funds move.