The first approach initiated is called poison tainting: If bad bitcoin are sent into a transaction or address then it poisons everything that is there, so if a new wallet is opened and you put in 3 stolen bitcoin and then 7 freshly mined bitcoin, when that transaction is spent, it is 10 stolen bitcoins spent. The problem with this is, over a few thousands of tens of thousands of blocks it completely poisons the entire block-chain or at least the active block-chain the people are using for trading.
The second method was called haircut tainting and here if 3 stolen bitcoins are sent into a new wallet and then 7 freshly mined ones, The wallet ends up with 10 bitcoins each of which is 30% tainted and the software is marked as track always, The problem with haircut tainting is, within a few thousand blocks the wallet ends up with all the active bitcoins in the block-chain being tainted a little bit on the 10% because about 6% of all bitcoin has been stolen at least once before.
So what can be done about this?
Well the breakthrough came when one of the litigation genius, now a law prophet at Edinburgh pointed to a judgment of the high court in London 1816, “After a bank went bankrupt during the Napoleonic war and they had to sort out who owned what among the rebel, One of the senior judges in England at the time ruled on a method of “first in, first out”. The first money that went into an account is used to satisfy the first check that was drawn on it, and so this give a sound legal basic for trying to do some computer science, So programmers and communication engineers at AssetsClaimBack understood this very well, Then the software was programmed, which does a thorough triangulation of the block-chain, and so whenever coins are stolen and put in a transaction perhaps joined with other coins, the coin that goes in first is the coins that go out first, (“First satoshi in first satoshi out”). And when this is processed over the block-chain, something fascinating would happen, that the taint remained concentrated rather than being spread out”, So for example if “a theft of 100 Bitcoins in 2019 and trace it forward to 2022, poison tainting or haircut tainting affects about 1million address which is a lot, but (“First in, First Out”) approach only 110 addresses are affected.
What happening here is that bad bitcoins keeps circulating in bad neighborhood of the internet, and it is discovered that whereas with haircut tainting most of the Bitcoin out there are tainted one way or the other… But using “First in, First Out” tainting, then majority of the bitcoin ain’t tainted at all, Taint is concentrated among 30% of the Bitcoin stock. All of a sudden there is a practical way of tracing a Stolen Bitcoin. Over the short time if someone came and did a arm robbery yesterday or over the mid term if a bitcoin exchange goes burst and somebody inside as been taking bitcoin for Years… AssetsClaimBack can assist both purposes.
An Australian investor who lost $955,000 to cryptocurrency funds said he could not believe his good fortune after getting his money back. Recovering cryptocurrency is extremely rare, AssetsClaimback investigation has used this method to get results in the Process of Funds recovery. Specialist further say, anyone investing in Cryptocurrency needs to be very careful take extra precautions when using any unknown service online, As the internet is filled with too many misinformation to lead you astray.
Information can be sent to support@assetsclaimback.com or online.
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Country: Australia
Website: https://assetsclaimback.com/
