Blockchain Forensics: Investigating Cryptocurrency Transactions
Blockchain forensic analysis is the process of examining blockchain transactions and related digital activity to understand how cryptocurrency or other blockchain-based assets move between addresses. Unlike traditional financial systems, many public blockchains record transaction information on a transparent and permanent ledger. This creates an important source of digital evidence for investigators, compliance teams, financial institutions, and organizations examining suspicious activity. Blockchain forensic analysis can involve reviewing transaction histories, identifying relationships between addresses, following the movement of digital assets, and organizing large amounts of blockchain data into a form that can be understood. Although blockchain records are generally transparent, interpreting those records can require specialized knowledge because wallet addresses do not automatically reveal the real-world identity of the person or organization controlling them. A major part ...