Senior Associate Henry Edelstein spoke at ‘The Key to Lost Fortunes – Unlocking the Art of Crypto Recovery’, an event hosted by Brown Rudnick in conjunction with Crypto Fraud & Asset Recovery Network (CFAAR).
Henry discussed how blockchain investigations require teams that can respond in real time as crypto assets move along the chain to “off ramps” and other endpoints. As investigators trace the flows of funds on-chain they regularly face obstacles placed in their way by fraudsters looking to obfuscate the onward transfers and launder their illicit proceeds. From chain hops and privacy coins to mixing services and comingling funds, knowing how to navigate these tools and typologies is key to a successful recovery.
CFAAR is a group of legal industry professionals with the intention of connecting leading minds in crypto dispute resolution and advisory. The aim of CFAAR is to develop and share best practice in the ever-evolving crypto sphere.