Crypto transactions are considered "anonymous" but are traceable on the blockchain. Companies like Chainalysis track criminal networks.
Blockchain Monitoring
- All transactions are on the blockchain
- Wallet address can be tracked
- Transaction chain can be extracted
- Matching with exchange KYC records
Criminal Wallet Detection
- Stolen crypto tracking
- Ransom payment monitoring
- Money laundering detection
- Fake ICO victim tracking
Exchange Cooperation
- Turkish exchanges fulfill requests from the Public Prosecutor's Office
- Limited cooperation with foreign exchanges (Binance etc.)
- Person identification through KYC data
Mixer/Tumbler Problem
- Trace obfuscation services (Tornado Cash)
- Banned in most countries
- Tracing becomes more difficult (possible, but more difficult)
What the Victim Should Do
- Record transaction hash, wallet address
- Complaint to the public prosecutor's office
- Notification to the stock exchanges (freezing the asset)
- Process with a lawyer management
Supreme Court 11th HD and 8th CD
Courts accept that crypto monitoring can be used in "cyber crime investigation" and that blockchain analysis is valid evidence.
Informatics and crypto law lawyer is recommended.