Case Study: Brooklyn Park Police Department recovers scam victim funds with TRM Labs

Brooklyn Park Police Department recovers $70,000 with TRM Labs

The Brooklyn Park Police Department faced a significant challenge protecting its elderly residents from crypto scams, where phishing techniques were used to steal tens of thousands of dollars in life savings. To combat these crimes, the department utilized TRM Labs and its TRM Forensics product to trace and recover the stolen funds.

Using TRM Labs' blockchain intelligence software, investigators were able to trace stolen funds across blockchains to international exchanges. This solution enabled the department to recover $70,000 for victims in 2023, including returning the full amount to one victim within two months, and set a state precedent for such investigations.

Brooklyn Park Police Department