Case Study: XREX returns stolen crypto funds with TRM Labs blockchain intelligence

XREX returns almost all stolen crypto funds with TRM Labs

XREX, a blockchain-enabled financial institution, faced a challenge when a professional trader fell victim to a phishing scam that drained his MetaMask wallet. To help the victim recover the stolen cryptocurrency assets, XREX utilized its partnership with TRM Labs and employed their TRM Forensics and TRM Wallet Screening products to track the flow of funds and verify ownership.

The solution implemented by TRM Labs provided the blockchain intelligence necessary for XREX to analyze the asset flows and compile a complete report with reliable evidence for the court. This collaboration between the public and private sectors led to a fast resolution, resulting in the seizure and return of almost all of the victim's lost funds. TRM Labs' tools were instrumental in setting a strong legal precedent in Taiwan for such investigations.

XREX