Crypto Forensics: Trace Blockchain Transactions and Spot Scams
When you send crypto, every step leaves a permanent trail—this is crypto forensics, the practice of analyzing blockchain data to track funds, identify bad actors, and uncover fraud. Also known as blockchain analysis, it’s how investigators trace stolen Bitcoin, expose rug pulls, and prove who really owns a wallet—even if they think they’re anonymous. Unlike banks, blockchains don’t hide who sent what. Every transaction is public, time-stamped, and tied to an address. The trick isn’t hiding—it’s connecting the dots.
Real crypto forensics relies on tools that map wallet relationships, flag suspicious patterns, and cross-reference known scam addresses. For example, if a token drops to zero after a sudden spike, forensic tools can show if the devs drained liquidity and ran. Or if someone claims to have won an airdrop but never held the required tokens, chain analysis proves it’s fake. digital signatures, like ECDSA used in Bitcoin and Ethereum, are key here—because if a signature is reused or generated with poor randomness, it can be cracked, exposing private keys and revealing stolen funds. That’s why so many scams fail: they don’t just rely on hype, they rely on people not checking the chain.
And it’s not just about catching thieves. Crypto forensics also helps victims recover assets, exchanges freeze compromised accounts, and regulators shut down illegal platforms. When the Philippines SEC blacklisted exchanges, they used on-chain data to prove unlicensed activity. When the BNU airdrop turned worthless, analysts traced who held it and who dumped it first. Even meme coins like Baby Moo Deng or Jager Hunter leave trails—hype doesn’t hide the fact that 99% of holders lose money.
What you’ll find below isn’t theory. These are real cases: how ECDSA vulnerabilities led to exploited wallets, how fake airdrops tricked users into signing malicious transactions, and how exchanges like Bitroom and mSamex vanished without a trace—leaving forensic analysts to piece together their fraud. You’ll see how the same tools that track stolen crypto also expose empty promises and dead tokens. No fluff. No guesses. Just what the chain actually says.
