Token Recovery

We are a team of digital assets recovery specialists combining technical expertise, legal proficiency and a swift & discreet process to get your property back.

[Token Recovery @tokenrecovery_]

🎓 Token Recovery at @Cambridge_Uni Faculty of Law

Last week, we were honoured to lecture at the Digital Economy class at the University of Cambridge Faculty of Law.

Together with Matt Green of Lawrence Stephens, we explored:
▪️ Case law involving blockchain technology and our practical experience working with clients
▪️ The Law Commission of England and Wales’ work on recognising digital assets as a new form of property
▪️ The Property (Digital Assets etc.) Act 2025 — why it was proposed and how it reshapes the common law landscape
▪️ How misappropriated crypto assets are traced and recovered through the Courts, supported by blockchain analytics and OSINT in expert evidence

Engaging with the next generation of legal professionals on digital asset disputes, evidentiary standards, and enforcement strategy remains a privilege.

A special thank you to Ann Sofie Cloots for the invitation and for facilitating such thoughtful discussion at the intersection of law and emerging technology.

#DigitalAssets #BlockchainLaw #CryptoInvestigations #AssetRecovery #Web3 #Compliance #Disputes #TokenRecovery

[Token Recovery @tokenrecovery_]

A must-read for financial institutions navigating today’s evolving fraud landscape. Crypto-enabled fraud increasingly starts outside crypto — recognising the warning signs early is key to preventing losses. 👇

[The Paypers @ThePaypers]

🧵 Crypto fraud isn't a crypto-native problem anymore. It's showing up inside mainstream banks, PSPs, and ecommerce platforms ▶️ often before anyone even realises crypto is involved. Scott Pounder (@tokenrecovery_) breaks down the fraud typologies every institution needs to recognise 👉️ https://t.co/twN6xk07M7

[Token Recovery @tokenrecovery_]

@ThePaypers https://t.co/ZcId3JT2qj

[Token Recovery @tokenrecovery_]

Crypto scams are no longer just a crypto problem — they’re a mainstream financial crime risk.

In his latest article for @ThePaypers, Scott Pounder explores how pig butchering, phishing, fake investment platforms, AI and scam-as-a-service are changing the fraud landscape — and why banks, PSPs and exchanges need to recognise the warning signs earlier.

Read the full article 👇
https://t.co/WkWdJPW5Uu

#FinancialCrime #CryptoFraud #BlockchainForensics

[Token Recovery @tokenrecovery_]

@Cointelegraph $70M gone, and not a single device was hacked.

Attackers just did the math the hardware forgot to. This is why "cold storage" isn't a strategy — entropy is. If your seed predates July 30, assume it's compromised until proven otherwise.

[Token Recovery @tokenrecovery_]

The ColdCard Mk3 bug is a reminder that "cold storage" isn't automatically safe storage.

On July 30, Coinkite disclosed a critical entropy flaw in ColdCard Mk3 firmware (v4.0.1+): instead of pulling randomness from the device's secure hardware chip, affected units fell back to a predictable software method. Seed entropy dropped from an intended 128 bits to as little as ~40–72 bits.

Attackers needed no phishing, malware, or physical access — just enough to brute-force the narrowed seed space directly. They swept roughly 594 BTC (~$38M) from ~500 wallets in 25 minutes, a figure that's since grown past 1,000 BTC as more opportunistic actors search for exposed wallets.

A few things worth highlighting from a security and recovery perspective:

→ 𝗧𝗵𝗶𝘀 𝘄𝗮𝘀𝗻'𝘁 𝗮 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗰𝗿𝘆𝗽𝘁𝗼𝗴𝗿𝗮𝗽𝗵𝘆 𝗳𝗮𝗶𝗹𝘂𝗿𝗲. The protocol worked exactly as designed. The failure was in how one vendor's firmware generated randomness at wallet creation — self-custody is only as strong as its weakest implementation detail.

→ 𝗧𝗵𝗲 𝗰𝗼𝗺𝗽𝗿𝗼𝗺𝗶𝘀𝗲 𝘁𝗿𝗮𝘃𝗲𝗹𝘀 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲 𝘀𝗲𝗲𝗱, 𝗻𝗼𝘁 𝘁𝗵𝗲 𝗱𝗲𝘃𝗶𝗰𝗲. If your seed was originally generated on a vulnerable ColdCard — even after moving it to different hardware — you're still exposed. The weakness lives in the secret, not whatever holds it today.

→ 𝗠𝘂𝗹𝘁𝗶𝘀𝗶𝗴 𝗼𝗻𝗹𝘆 𝗵𝗲𝗹𝗽𝘀 𝗶𝗳 𝗸𝗲𝘆𝘀 𝗮𝗿𝗲 𝘁𝗿𝘂𝗹𝘆 𝗶𝗻𝗱𝗲𝗽𝗲𝗻𝗱𝗲𝗻𝘁. Users running 2-of-3 setups with two ColdCard Mk3 keys were still at risk — risk distribution only works when entropy sources are actually distributed.

→ 𝗔 𝗕𝗜𝗣-𝟯𝟵 𝗽𝗮𝘀𝘀𝗽𝗵𝗿𝗮𝘀𝗲 𝗼𝗿 𝗱𝗶𝗰𝗲-𝗿𝗼𝗹𝗹𝗲𝗱 𝗲𝗻𝘁𝗿𝗼𝗽𝘆 𝗺𝗲𝗮𝗻𝗶𝗻𝗴𝗳𝘂𝗹𝗹𝘆 𝗰𝗵𝗮𝗻𝗴𝗲𝗱 𝘁𝗵𝗲 𝗼𝘂𝘁𝗰𝗼𝗺𝗲 — wallets with either were largely insulated, a strong case for defense-in-depth even on "gold standard" hardware.

→ 𝗧𝗵𝗶𝘀 𝗶𝘀 𝗮𝗹𝘀𝗼 𝗮 𝗽𝗿𝗲𝘃𝗶𝗲𝘄 𝗼𝗳 𝗔𝗜-𝗮𝗰𝗰𝗲𝗹𝗲𝗿𝗮𝘁𝗲𝗱 𝘃𝘂𝗹𝗻𝗲𝗿𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗱𝗶𝘀𝗰𝗼𝘃𝗲𝗿𝘆. 𝗧𝗵𝗲 𝗳𝗹𝗮𝘄 — a single line of code — reportedly sat dormant for years. Investigators believe an LLM is what finally surfaced it: open-weight models like Kimi K3 reportedly pinpointed the issue in minutes, while more safety-tuned models like Anthropic's Fable and ChatGPT were more restricted or evasive in response. The same speed that helps defenders find flaws helps bad actors weaponize them just as fast.

→ 𝗢𝗻-𝗰𝗵𝗮𝗶𝗻 𝗳𝗼𝗿𝗲𝗻𝘀𝗶𝗰𝘀 𝗺𝗮𝘁𝘁𝗲𝗿 𝗵𝗲𝗿𝗲, 𝘂𝗿𝗴𝗲𝗻𝘁𝗹𝘆. Every Bitcoin transaction is public, so tracing swept funds is possible — but the window narrows every hour funds keep moving.

If you hold BTC on affected ColdCard firmware: verify your firmware version and seed history, move funds to a newly generated wallet, and treat any exposed seed as permanently compromised — never reuse it.

If funds are already gone, time-sensitive tracing is often the difference between a recoverable trail and one that goes cold. This is exactly the kind of case our team investigates daily.

#Bitcoin #SelfCustody #CryptoSecurity #BlockchainForensics #AssetRecovery

[Token Recovery @tokenrecovery_]

Prevention stops the ones you can see coming. We handle what happens when something gets through.

Glad to be working with @Hashlock_ on this. 🔐

[Hashlock @Hashlock_]

$17 billion was stolen from crypto users in 2025. Almost none of it through a smart contract bug.

Phishing. Compromised wallets. Insider threats. Social engineering that AI made 4.5 times more profitable last year.

An audit cannot stop someone clicking a convincing link. So we stopped pretending prevention was the whole job.

Hashlock is now partnered with @tokenrecovery_ 🔐

They trace stolen assets, run forensic investigations, preserve evidence, and support legal recovery. $5B+ traced. 300+ investigations. Court recognised expert witnesses with 20+ years across law enforcement.

We handle the before. They handle the after. Nothing falls in between.

📘 Full announcement: https://t.co/t7aPiZzJRu

[Token Recovery @tokenrecovery_]

"We recovered stolen USDT" sounds like a heist reversed.

It isn't. It's a freeze, a burn, and a refund — all built into Tether's own smart contract, matching to the last decimal.

Our investigator, Guglielmo Anfossi, breaks down how it actually works 🧵👇
@tether

https://t.co/x3ZQGyPyi7

#BlockchainForensics #CryptoRecovery #USDT #Tether #Web3Security

[Token Recovery @tokenrecovery_]

"The funds entered a Bitcoin mixer. Further tracing is not possible."

That's where most investigations stop.

Ours didn't.

Instead of chasing individual transactions, we used mathematical constraints and wallet clustering to identify the wallet cluster responsible for moving thousands of stolen BTC through a mixer.

Sometimes the blockchain tells the story.
Sometimes the numbers do.

Read more:
https://t.co/7oWgGqur9t

#Bitcoin #BlockchainForensics #CryptoRecovery

[Token Recovery @tokenrecovery_]

We are proud to have contributed to @GBBC_io’s 101 Real-World Blockchain Use Cases Handbook (2026 Edition) as use case #71.

This Handbook is a valuable reference guide for government agencies, regulators, and central banks, providing an educational resource to deepen their understanding of blockchain & digital assets.

Learn more👇
https://t.co/BioSblCIBX

#GBBC

[Token Recovery @tokenrecovery_]

✈️ Heading to @BTCPrague 2026 this week (June 11–13) at the PVA Expo Prague 🇨🇿

Looking forward to connecting with people from across the Bitcoin and digital asset space, hearing fresh perspectives, and having some great conversations about where the industry is heading.

🚀 Heading up a blockchain forensics company means I spend a lot of time helping organisations navigate the challenges of an increasingly complex crypto ecosystem.

Events like BTC Prague are a great opportunity to learn, share insights, and meet the people building the future of the industry.

🔍⛓️ If you're attending, feel free to reach out. It would be great to grab a coffee ☕ and chat about bitcoin:native, blockchain, investigations, compliance, security, or whatever is top of mind for you.

See you in Prague! 🙌

#BTCPrague #BTCPrague2026 #Bitcoin #Blockchain #Crypto #BlockchainForensics #CryptoInvestigations #CryptoCompliance #BlockchainAnalytics #DigitalAssets #CyberSecurity

[Token Recovery @tokenrecovery_]

🌐 https://t.co/uE93hikKRx

[Token Recovery @tokenrecovery_]

Last week our team — Scott Pounder, Rob Moore and Darya Akry — attended the @nordicblock conference in Stockholm. Two days of panels and conversations that reinforced what we see in our casework every day. Here is what stood out.

🔴 THE SCALE OF THE PROBLEM

❝ Damages from cybercrime last year were $9.5 trillion. If cybercrime were an economy, it would be the third largest in the world after the US and China. ❞

The global AML system spends half a trillion dollars a year at an efficiency rate of 0.02%. The traditional tools are not keeping up — and crypto has become a preferred channel for moving the proceeds.

🔵 HOW CRYPTO CRIME IS EVOLVING

Around 60% of illicit crypto activity now flows through stablecoins — fast, cheap, and hard to freeze. Laundering techniques are increasingly automated and programmatic, executed across hundreds of intermediary addresses with minimal human involvement.

❝ In the age of AI, where you can instruct an agent to conduct transactions on your behalf — this is only going to become more commonplace. ❞

🟡 COMPLIANCE IS RISING ACROSS THE BOARD

AMLR, DAC8, MiCA, and the Travel Rule are collectively raising the bar on KYC, source-of-wealth, and transaction transparency across the EU. Anonymous accounts are being phased out. DAC8 reporting is live for 2026. The window to get ahead of this is narrowing.

For law firms, exchanges, and financial institutions — blockchain evidence and transaction reconstruction are no longer just for litigation. They are becoming part of routine compliance.

🟢 WHERE WE COME IN

Blockchain analytics doesn't stop crime. What it does is: when crypto has been stolen, you can track where it's gone and the blockchain doesn't forget.
That is what we do. We work with hack and fraud victims, law firms, and financial institutions to trace stolen assets, reconstruct transaction histories, and build court-ready evidence packages.

The Nordic market is growing fast. If crypto recovery, investigations, or source-of-wealth challenges are part of your world — we would like to talk.

#TokenRecovery #BlockchainForensics #CryptoRecovery #CryptoCompliance #FinancialCrime #AssetRecovery #NordicBlockchainConference #NBC2026 #Web3

[Token Recovery @tokenrecovery_]

Stockholm. Next week. Let's go. 🇸🇪

Token Recovery will be at @nordicblock Conference 2026 — Scott Pounder, Rob Moore, and Darya Akry representing the team.

If you're an exchange, custodian, law firm, compliance team, or investigator — let's talk.

Every transaction leaves a trace. We find it. Come talk.

📍 26–27 May · Stockholm
🔗 https://t.co/UFjsIOIs4P

#NBC2026 #NordicBlockchain #CryptoRecovery #BlockchainForensics #CryptoCrime

[Token Recovery @tokenrecovery_]

$624,000,000 stolen. 25 protocols hacked. 30 days.
This is the worst month in DeFi history.
Here's what happened, why it keeps happening, and what to do if you were hit. 👇
———

𝗪𝗵𝗮𝘁 𝗵𝗮𝗽𝗽𝗲𝗻𝗲𝗱
@KelpDAO — $293M
@DriftProtocol — $285M (social engineering operation)
@rhea_finance — $18.4M
Grinex — $15M
+ 21 more protocols.
Two exploits alone wiped out 93% of the total. KelpDAO's token losing its peg also created domino effect.
———

𝗪𝗵𝘆 𝗶𝘁 𝗸𝗲𝗲𝗽𝘀 𝗵𝗮𝗽𝗽𝗲𝗻𝗶𝗻𝗴
These attacks aren't random. The largest are carried out by organized, government-backed groups with professional laundering operations — attribution for the KelpDAO and Drift attacks points to a North Korean-linked unit. The rest exploit predictable gaps:
→ Smart contract logic errors
→ Flash loan and oracle manipulation
→ Cross-chain bridge vulnerabilities
→ Access control and social engineering flaws
By the time a team responds, funds are already moving.
———

𝗜𝗳 𝘆𝗼𝘂 𝘄𝗲𝗿𝗲 𝗮𝗳𝗳𝗲𝗰𝘁𝗲𝗱 — 𝗱𝗼 𝘁𝗵𝗶𝘀 𝗻𝗼𝘄
1. Revoke all wallet spending permissions and/or move the funds to a secure wallet immediately
2. Document every interaction resulting in the loss of funds
3. Request exchange freezes — CEXs can freeze stolen funds; however, the ultimate destination of funds is often unknown. We inform clients that if stolen assets reach exchanges, there may be an opportunity to freeze them.
4. Get on-chain forensics started, but time is of the essence; funds can be traced across bridges and exchanges

The first 72 hours are everything.
———
Recovery chances depend heavily on who attacked you. Opportunistic hackers have returned funds for bounties. Organized state-backed groups are a different story entirely — be cautious of fake recovery scams
If you or your team were affected by any of these incidents, reach out directly. The sooner we engage, the better the outcome.

#DeFi #CryptoSecurity #Web3 #TokenRecovery #BlockchainSecurity

[Token Recovery @tokenrecovery_]

DeFi security is no longer just a smart contract problem — it’s a human problem.

The latest losses in web3 show a clear pattern: attackers are increasingly exploiting social engineering, weak operational controls, compromised infrastructure, and cross-chain validation gaps rather than breaking code alone.

For blockchain forensics teams, this is a critical shift. Once funds move, the priority is no longer only tracing transactions — it’s understanding how the compromise happened, where controls failed, and how similar patterns can be detected earlier.

Audits still matter, but they are not enough on their own. The future of DeFi security must combine code review with operational hardening, continuous monitoring, and forensic preparedness.

#BlockchainForensics #DeFiSecurity #Web3Security #CryptoInvestigation #OperationalRisk #OnChainAnalysis Token Recovery

[Token Recovery @tokenrecovery_]

@CoinMarketCap Speed wins — rapid tracing enables fast freezes.

[Token Recovery @tokenrecovery_]

@RoundtableSpace A crypto investigation tool that 3x’s speed, consistency, and investigative confidence.