Our Crypto Investigation Process

Crypto Investigation Process | Wayvantis Forensic Methodology

Crypto Investigation Process

Crypto investigations require structure, verification, and documentation. Therefore, every case follows a defined review and tracing workflow.

This process prioritizes evidence over assumptions and clarity over promises. Not every case proceeds. Assessment determines feasibility first.

Process Principles

Evidence-first methodology

Verification before tracing

Structured documentation

Limits stated clearly

No guaranteed outcomes

Why Structured Investigation Matters

Crypto losses create urgency. However, rushed tracing produces unreliable results.

Structured workflow improves accuracy and defensibility. First, records are verified. Next, transactions are validated.

Then, trace paths are mapped. Finally, findings are documented with limits stated. Method protects credibility and prevents false expectations.

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Investigation Workflow Overview

Each step builds on verified data. No step relies on guesswork.

1

Case Assessment

Feasibility review

2

Record Verification

Data accuracy check

3

Transaction Validation

Blockchain matching

4

Wallet Mapping

Relationship analysis

5

Flow Tracing

Asset movement tracking

6

Exposure Analysis

Platform review

7

Evidence Documentation

Structured reporting

8

Reporting & Guidance

Findings delivery

Step-by-Step Investigation Methodology

Detailed breakdown of each process step with verification actions and purpose statements.

1

Case Assessment — Feasibility screening before investigation begins

Purpose: Determine if meaningful tracing is possible based on transaction records and visibility signals.

Case feasibility is reviewed first. Not every loss supports meaningful tracing. Therefore, transaction records and visibility signals are screened early.

Cases with insufficient traceability are declined.

2

Record Verification — Data accuracy validation against blockchain

Purpose: Ensure submitted data matches blockchain records before tracing begins.

Submitted data is checked for accuracy. Transaction hashes, wallet addresses, timestamps, and asset types are validated against blockchain records.

Missing or altered data is flagged. Verification prevents tracing errors later.

3

Transaction Validation — Blockchain confirmation and path verification

Purpose: Confirm transaction existence and establish reliable starting points for tracing.

Confirmed transactions are matched to blockchain entries. Network confirmations and transfer paths are checked.

This step ensures the trace begins from verified origin points.

4

Wallet Mapping — Relationship analysis between addresses

Purpose: Identify wallet clusters, interaction patterns, and potential entity connections.

Wallets are analyzed for relationships and transaction patterns. Clusters and associated addresses are identified.

This reveals fund movement networks and potential control points.

5

Flow Tracing — Asset movement tracking through blockchain

Purpose: Follow fund movement across wallets, bridges, and platforms.

Assets are traced through each transaction. Movement patterns, timing, and destinations are recorded.

Tracing continues until visibility ends or funds reach identifiable platforms.

6

Exposure Analysis — Platform interaction and risk review

Purpose: Identify exchange touchpoints and assess platform-related risks.

Exchange deposits, withdrawals, and platform interactions are documented.

This identifies potential points where funds may be subject to platform compliance actions.

7

Evidence Documentation — Structured reporting of findings

Purpose: Compile verified data into organized, reviewable format.

All findings are compiled into structured reports. Transaction tables, flow diagrams, and analysis summaries are included.

Reports are formatted for exchange compliance teams and legal review.

8

Reporting & Guidance — Findings delivery and next steps

Purpose: Deliver findings with clear recommendations for client action.

Completed reports are delivered with guidance on next steps. This includes submission recommendations and escalation options.

Limitations are restated to maintain transparency.

Not Sure If Your Case Qualifies?

Assessment determines feasibility before investigation begins.