§ 01The brief
The client had invested $530,000 in ETH in the presale after calls with the 'founders'. A day after launch the liquidity was removed and the website and social accounts were deleted.
§ 02What I did
- 1.
Traced the liquidity removal from the deployer wallet through two swaps to a regulated exchange.
- 2.
Gathered public evidence from the presale's channels to show the scheme was planned.
- 3.
Filed the CCS report with other investors' transaction IDs and sent the exchange the tracing report through law enforcement.
§ 03The outcome
The exchange froze $178,000 and identified the account holder to investigators. A share of the frozen funds is expected to come back to the client once the case closes.