Ethics & Cryptocurrency Recovery

Cryptocurrency Recovery

As victims sometimes approach us with ill-conceived notions of our capabilities, and of what we do, it’s important to us to state upfront exactly what we can do, and what we cannot do. It’s very important to us for such individuals to be on the same page as us on what, exactly, they are hiring us for, what they can expect from us, and what they should not expect from us.

There is no such thing as a legitimate cryptocurrency recovery agency. Anyone that suggests otherwise is either trying to mislead or defraud in our opinion. However, hiring a reputable and experienced cryptocurrency investigative agency can lead to improved (or at least less abysmal) prospects of cryptocurrency recovery with the help and action of other parties, such as law enforcement.

Cryptoforensic Investigators is a small distributed team of investigators with deep experience in cryptocurrency-related investigations and forensics. Our investigators have worked on hundreds of cases where victims have had cryptocurrency stolen from them in one form or another.

While a portion of the cases we have worked on led to a significant amount of cryptocurrency being recovered, we do not consider ourselves to be a cryptocurrency recovery firm nor would we say that ‘we’ recovered this cryptocurrency when recoveries happen. This is because in almost all cases (with very limited exceptions) we do not have the ability to effectuate cryptocurrency recovery solely by ourselves.

Rather, whether or not any cryptocurrency ends up being recovered depends on a plethora of factors, many of which are completely outside our control, including:

In situations where a victim is able to successfully recover some of the cryptocurrency that was stolen from them, we do not make statements that ‘we’ recovered it, because ‘we’ didn’t recover it ourselves, and suggesting we did is frankly insulting to other parties that have played a critically important role as well.

Any prospective clientele that wishes to engage us for our services must understand that they are hiring us as an investigative service (not a recovery service) to investigate and produce intelligence related to their incident; they are not hiring us to recover any cryptocurrency per se. At most, one could say that we investigate ‘in service of recovery’ or ‘with the aim of it leading to improved recovery chances.’

We cannot make any representations or warrants with respect to cryptocurrency recovery in an individual’s situation, since this isn’t a service we offer. So the literal answer to the question “What are the chances you’ll be able to recover my cryptocurrency?,” if answered literally, is typically pretty much zero because we almost certainly will not have the ability to effectuate recovery ourselves.

Our investigators can and often do play an instrumental role in providing intelligence as well as taking various actions that lead to improved likelihood of recovery, or more often partial recovery.

We can and often will make representations to prospective clients about the prospects and/or leads in an incident they have come to us with, and provide an expert opinion (from an actual investigator, not a salesperson) about whether or not we think it’s genuinely advisable or worthwhile to engage us on the matter or not.

Some matters are naturally more promising than others. If we think it’s genuinely advisable (a large portion of inquiries we receive aren’t), we will then typically present an engagement offer.

For reference, we typically only work on cases where the loss is at least 100k USD, although we do at least consider cases where the loss is between 50k-100k USD on a case-by-case basis depending on the nature and prospects of the case.