[Cryptocurrency Fraud] If the investigation report lacks a TXID, the police cannot act

When you hire an investigation firm for cryptocurrency fraud (crypto-asset fraud), you will eventually receive an investigation report.

Whether or not you get your money back is almost entirely determined by the contents of this document.

I am an elderly person who lost 70 million yen and managed to get a refund using such a report.

Today, I will write only about what must be written in the report for it to be genuine.

🔹 [Conclusion] First, I will write only the main points of this article

• The report is not for “reading,” but for submitting to the police

• Five things are necessary: TXID, name of the destination exchange, path addresses, acquisition date/time and source, and the limitations of the investigation

• In particular, whether the TXID (transaction record number) is included for all items is the deciding factor

• In a report that only has diagrams with arrows but no exchange names, the police will not know where to send an inquiry

• If you ask “what will be included in the report?” before hiring them, you can avoid regrets after signing the contract

⚠️ The report is a document for getting the police to act

If you misunderstand this, everything will go wrong.

An investigation firm will not get your money back for you. What they do is track the remittance destination, identify the final destination exchange, and compile it into a report.

What happens after that is as follows.

1. Take that report and file a damage report with the police

2. The police will send an inquiry to that exchange

3. If funds remain, you will be contacted by the exchange and receive a refund

Only the police can request the disclosure of user information from an exchange. Even a lawyer cannot request disclosure from an exchange.

Therefore, the report is not a document for reading and satisfying yourself, but a document for triggering an inquiry.

✅ 5 things included in a genuine report

1. TXID (Transaction ID) for all entries

This is the most important part. The TXID is the actual proof that the transfer exists on the blockchain.

If this is included, both the police and the exchange can verify the same record themselves. If it is not included, the report is merely a claim.

2. The name of the final destination exchange

A report that ends with just “the funds reached an overseas exchange” is useless.

If the name of the exchange is not written, the police will not know where to send an inquiry.

3. Each address in the path

Not just a diagram with arrows, but the wallet addresses passed through must be listed one by one as strings.

Diagrams are easy to read, but diagrams are not evidence.

4. Date and time of acquisition and where it was verified

It must state when and what was used to verify the information. It is about whether a third party can follow the same steps later.

5. Limitations of the investigation

You might find it surprising, but a report that states “I could not trace it beyond this point” is more credible.

Conversely, you should be suspicious of reports that claim to have solved everything.

❌ Reports like these will not lead to progress even if you bring them in

• Only a clean path diagram, with no TXID

• The destination is only written as “overseas exchange”

• Addresses are partially masked

• When it was investigated is not written

• Contains unfounded outlooks such as “high possibility of recovery”

⚠️ Especially the last one. There is no need to write about the possibility of a refund in the report. If it is written, it is a sales document.

✅ Before requesting, please ask these two things

1. Will the TXID for all transactions be included in the report?

2. Will the name of the final destination exchange be identified?

It is better not to rely on a company that cannot answer these two questions immediately.

Before talking about money, please ask this. It is meaningless if it is cheap but lacks substance, and it is even more meaningless if it is expensive but lacks substance.

🔹 When you want to compare companies based on the content of their reports

However, it is difficult to go around asking each company about the content of their reports. I ran out of energy after 8 companies.

There is a site that checks and summarizes 12 companies one by one.

Cryptocurrency Fraud Investigation Company Ranking12 Company Comparison | Crypto Investigation Navi

After verifying the official website, the notation based on the Act on Specified Commercial Transactions, and even the corporate number from the National Tax Agency, they are arranged along axes such as how costs are determined, investigation techniques, and differences in reports. I rarely see a comparison of reports as an item.

I trusted it a little because it even wrote the disadvantages of the company ranked first. However, comparison sites always put someone at the top. I think it is better to use it as a list of what goes into a report rather than taking it at face value.

❓ [FAQ] About cryptocurrency fraud investigation reports

Q. I don’t know the TXID, can I still request an investigation?

It remains in the history of the exchange or wallet you sent from. It can be identified from the date, time, and amount of the remittance. First, please try opening your own transaction history.

Q. How many pages will the report be?

The number of pages does not matter. A thick report is not a good report. It is about whether the TXID and the exchange name are included.

Q. Will the police accept the report?

It is submitted as material for a damage report. Rather than whether they will accept it, whether the inquiry destination has been identified is the actual turning point.

Q. Will I definitely get a refund if I have a report?

It will not be done. It depends on whether funds remain in the exchange. That is why the more time passes, the more disadvantageous it becomes.

Q. Can a report be created for USDT or Bitcoin?

Yes, it can. USDT fraud often occurs via TRON, and records are public for both that and Bitcoin fraud.

Q. If I give the report to a lawyer, can they negotiate for me?

Negotiation is not possible at a stage where the identity of the other party is unknown. This is because lawyers cannot request disclosure from exchanges. The order is: Report -> Damage Report -> Police Inquiry.

[Summary]

1. The report is a document intended to move the police. It is not meant for reading and convincing yourself.

2. The TXID and the name of the receiving exchange. Without these two things, you cannot proceed further.

3. Ask before signing a contract, “What will be included in the report?” The answer will tell you what kind of company they are.

The report I have in my possession is by no means thick.

However, it contained all the TXIDs. I believe that is why the police were able to act.

Related Pages

The story of how I succeeded in getting a refund after losing 70 million yen in a cryptocurrency scam

[Caution] Do not be deceived by cryptocurrency fraud investigation companies offering “free initial investigations”

[From the field!] I received DMs saying 5 times: “I can get your money back” | Secondary victimization of cryptocurrency fraud

The correct way to handle it when you have been a victim of cryptocurrency fraud