Prosper Guard Legal has conducted hundreds of investigations into hacked cryptocurrency wallets, and funds stolen as a result of such hacks with the aim of providing critical intelligence, which has sometimes led to the recovery of stolen funds.
In the vast majority of cases involving hacked wallet(s), the theft comes about as a result of a seed phrase breach, although the way in which a seed phrase is breached can vary considerably. In our experience, many such breaches come about through phishing or malware, both of which we investigate as part of the scope of our investigations.
In such investigations, we are regularly able to identify the root cause of such breaches, as this can yield critical information. We furthermore track the stolen funds and provide applicable intelligence which can be used by law enforcement, while endeavoring to prevent as much funds from being laundered as possible.