CryptoCISO

Case Study: Following Deposits Into an Unlicensed Offshore Broker

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Methodology walkthrough. Client details are withheld and no recovery outcome is implied.

The situation

An investor was directed to a trading platform that claimed only an offshore incorporation and held no verifiable financial license — the same profile we document across much of our registry. After several deposits, withdrawals were blocked behind a demand for a release fee.

Our approach

  • Intake. We captured every deposit transaction hash, the receiving addresses, and the platform correspondence.
  • Tracing. We followed the deposits from the victim wallet through intermediary addresses to the consolidation wallets where the operator pooled client funds.
  • Attribution. We identified the exchange endpoints where the pooled funds were moved off-chain.

The outcome we can honestly describe

The result of this kind of work is a documented evidence package and identified touchpoints for escalation to exchange compliance and law enforcement. We do not promise that funds will be returned; we provide the factual basis that any realistic effort requires. Request an assessment.