Hidden or Non-Disclosed Cryptocurrency
Cryptocurrency is pseudonymous in nature and for that reason sometimes people don’t always disclose it even when they’re required to do so by law.
Instances where individuals sometimes try to hide wealth in the form of cryptocurrency include Divorce, Embezzlement, Bankruptcy, Financial Fraud, and Tax Fraud.
In each instance, the individual either doesn’t want others to know they control of have access to the cryptocurrency assets in question or they have not declared ownership of such assets despite disclosure requirements.
As part of some digital forensic investigations, occasionally digital or electronic devices need to be examined or have data collected from them. Such digital devices may include computers, mobile devices or hardware wallets such as Trezor or Ledger wallets.
CipherBlade is well-experienced and well-equipped in this regard to examine and extract any necessary data from such devices to be presented as evidence or to help with funds recovery.
Forensic Accounting for Cryptocurrency
CipherBlade conducts forensic accounting for cryptocurrency assets. Due to our fact-based approach, our work and findings have been used in courts of law.
We track and audit cryptocurrency as it moves on the blockchain from wallet to wallet while tracking ownership of the assets with it. Blockchain data is public, immutable, and doesn’t lie.
We have extensive experience mapping blockchain transactions and explaining the movement of assets to laymen with little to no blockchain knowledge or experience.