Negative Traceability Report

At Block Traceability, we do not leave our clients alone, even when the traceability report is negative. Here are the steps we will take to move forward with your case:

• Detailed Analysis: We will thoroughly review the negative report to identify all the tactics used by the fraudsters and provide a detailed explanation of why the funds could not be traced.

• Consultation with a Law Firm: We will connect you with a trusted law firm that specializes in out-of-court claims. These professionals have experience in handling cases where the funds could not be directly traced, using alternative approaches to put pressure on the entities involved.

• Out-of-Court Claim: The specialized law firm will carry out an out-of-court claim, which often has a fairly high success rate when well-supported. This process involves contacting platforms, exchanges, and related entities to attempt to reach an agreement and recover the funds.

• Declaration of Losses to Tax Authorities: The report serves as substantial evidence to declare the defrauded capital as a loss in your tax return, which can lead to a reduction in your tax payment.

• Continuous Monitoring: We will continue to monitor any further developments in your case and provide ongoing support throughout the out-of-court process.

While receiving a negative traceability report may seem like a setback, it is only the first step in the recovery process. With the collaboration of a law firm specializing in out-of-court claims, there is still a significant chance of recovering your funds.

To see a detailed example of how we draft and prepare both positive and negative traceability reports, we invite you to download a full example by filling out the following form.