Crypto Tracing & Recovery

Frequently asked questions

• Does tracing make it easier to recover lost assets?

  Tracing does not guarantee recovery, but it is often the essential first step. By showing where funds have moved, our reports provide the evidence needed to support recovery efforts, such as freezing orders, disclosure applications, enforcement through exchanges, or litigation.

• Can you help with HMRC and audits?

  Yes, WRS can prepare forensic packs for HMRC disclosures and audit reviews. We can also help reconcile wallet data and verify crypto balances. This gives accountants and advisers clearer evidence for reporting, valuation and source of funds checks.

• Are all cryptocurrencies traceable?

  Most are. Privacy-focused assets use enhanced anonymisation techniques, which make them more complex to analyse. Each case is assessed individually, and we apply the best available tracing methods.

• Do you only handle fraud cases?

  No. We work across a wide range of matters, including divorce proceedings, insolvency estates, commercial transactions, regulatory enquiries, and tax disclosures. Not just scams.

• What information do I need to provide?

  Any wallet addresses, transaction IDs, exchange statements, bank records, or relevant communications. The more detail you provide, the faster and more accurately we can begin tracing.

• How long does a crypto tracing investigation take?

  Timescales depend on the number of wallets, exchanges and transactions involved. A simple matter may be quicker than one involving mixers, bridges or several jurisdictions. WRS will set expectations during the scoping stage and keep you updated as the work progresses.

• Are your reports admissible in UK courts?

  Yes, reports can be prepared on a CPR-35 compliant basis where expert evidence is required. They are designed to explain complex blockchain activity in a clear and usable way. They can also support HMRC, regulator and exchange recovery workflows.