Frequently Asked Questions

Our cryptocurrency trace report is essential for determining who owns the bitcoin wallet that received your cryptocurrency and determining whether any unlawful activities, such as money laundering, were carried out along the route. It is the first step in recovering your cryptocurrency. You then provide your local police department the Cryptocurrency Trace report, and they must launch their own investigation. The wallet owner can then be identified through the exchange's KYC (Know Your Customer) data, which the authorities can subsequently demand in order to question them. If the owner of the wallet declines to voluntarily surrender your cryptocurrency as part of a plea bargain, he or she may be charged and hauled before a judge.

The general consensus is that all cryptocurrencies, including bitcoin, are anonymous. This widespread belief results from the fact that no real identity or address can be connected to a cryptographic transaction or bitcoin wallet. Cryptocurrency is not truly anonymous, though, as each transaction has a code that can be followed through the blockchain. Therefore, at Universaldispute, we think that cryptocurrency is best characterized as "pseudo-anonymous."

Since anybody can examine the transactions it records, the blockchain offers a level of transparency never before achieved. However, many may believe that the blockchain is the ideal haven for dishonest people who want to get away with fraud, launder cryptocurrency, and avoid detection given that there are no names associated with these wallets and transactions.

But if you use Universaldispute, it doesn't have to be that way. While the general public is unable to decipher the blockchain's codes and the free tools that are readily available online are unable to identify the exchanges that were the recipients of stolen cryptocurrency, our specialized tools and crypto mapping methodologies enable us to do so.

We have in-depth knowledge of tracking cryptocurrency and locating client funds on blockchains. We collaborate closely with cryptocurrency exchanges, and our investigative reports serve as essential resources for law enforcement cybercrime teams.

• Specialized crypto tracing software that is otherwise only available only to elite government bodies like central banks, regulators, tax authorities, and national law enforcement agencies 
• Our proprietary databases contain thousands of cases and claims
• Our team of certified crypto analysts with extensive experience tracking funds on the blockchain
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  The comprehensive investigative reports we produce are recognized as evidence by police, crypto exchanges and courts
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  Personalized strategy consultation
• Advanced crypto forensics methods
• A proven working relationship with hundreds of law enforcement and crypto exchanges
• Our proprietary databases contain thousands of cases and claims

There are several variables involved in predicting the likelihood of getting funds back:

• How desperate the other parties are about hiding their identity
• How technically skilled they are with blockchain technology
• The number of intermediaries and “mule” accounts they use to launder funds
• How much time has lapsed since the client’s transaction

There are many other factors as well. Fortunately, our tools and methods meet the high standards demanded by cybercrime units in government agencies. In this way we have uncovered the destination of thousands of crypto transactions. Since police departments and crypto exchanges are eager to crack down on crypto fraud, the chances of recovering funds from crypto transactions are much greater than in the past.