Tracing possible fund flows from a given cryptoasset address to known exchanges now takes just one click:

Explore potential routes to exchanges with ease

Following money flows and identifying possible paths to exchanges is a core task in cryptoasset investigations. Investigators typically start from a specific address and explore transactions that may lead to an exchange. This process is often time-consuming and repetitive.

At Iknaio, we focus on automating such repetitive steps. We have reframed the task of identifying potential routes to exchanges as a search problem. QuickTrace allows users to retrieve possible connection paths from a given address with a single click and then inspect them further as part of the evidence-building process.

The final verification and interpretation always remain with the investigator.

Avoid dilution of money flows

“How can you be sure that the flows you identified truly relate to the case and are not diluted with unrelated funds?”

This is a common and legitimate question in legal proceedings, and any judge, prosecutor, or informed defendant will expect the expert to answer.

Dilution of money flows can easily occur if transactions are explored without considering their temporal order or the technical structure of the asset, such as Bitcoin’s UTXO model.

Our automated method helps mitigate this risk by suggesting transaction paths while respecting the structural differences between UTXO- and account-based ledger systems.

Time is critical

In cases like investment fraud, perpetrators often move stolen funds quickly to exchanges, frequently converting them into stablecoins to begin laundering. Once funds enter these complex laundering networks, tracing becomes extremely difficult, if not impossible.

Speed matters, especially in the early phase where investigators aim to detect and document any potential routes from the victim’s address to the first exchange.

QuickTrace accelerates investigators’ ability to surface these initial leads rapidly.

Automation will be key

Perpetrators increasingly use automated techniques to generate complex money laundering networks that obscure the origin of funds.

Investigators, on the other hand, often rely on manual processes, making it difficult to keep up with the pace.

We believe strongly that while validation of evidence must always remain a manual task carried out by an expert, the discovery and lead generation process should be automated.

This is where tools like QuickTrace offer significant operational benefits.

Looking forward

Automating repetitive workflows and tasks is core to our mission at Iknaio Cryptoasset Analytics.

One-click exploration of potential routes to exchanges via our dashboard is just the beginning. We will continue expanding our feature set, as we are convinced that manual investigations alone will not scale to meet the increasing complexity of cryptoasset crime. The future of cryptoasset forensics lies in smart automation.