The
intensity of crypto hacking reached new heights in 2024. By mid-year, reports
revealed that the cumulative value stolen between January and July had surged
to $1.58 billion—a staggering 84.4% increase compared to the same period in
2023. Blockchain analysis firms, like Coinfirm, estimate that as much as $10
billion in stolen crypto remains in circulation. However, not all losses result
from theft—individuals can also lose cryptocurrency through misplaced devices
or wallets.

Whether your crypto assets were stolen or lost,
recovery is possible with the right tools and expertise. Cipher Rescue Chain
specializes in tracing and recovering stolen or misplaced funds, offering a
critical lifeline to victims of crypto crimes.

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How to Recover Stolen Crypto Funds

Acting swiftly is crucial when dealing with crypto
theft. The more time passes, the easier it is for criminals to obscure stolen
assets by using tumblers, mixers, or cold storage transfers. Here’s how the
recovery process works:

1.            Initiate
Tracing Efforts: Work with experts like Cipher Rescue Chain, who use advanced
blockchain forensic tools to locate stolen funds.

2.            Freeze
the Assets: If stolen funds are identified, you can obtain an international
freezing order through the High Court to prevent the assets from moving
further.

3.            Legal
Assistance: Thanks to blockchain transparency, stolen funds can often be traced
to exchanges or vendors. With the help of investigators and legal professionals,
a court order can reveal the identity of the thief and support the recovery
process.

CRC ensures clients have the technical and legal
backing needed to navigate these complex procedures effectively.