Albuquerque, New Mexico – February 19, 2025 – LegalByte, a leading forensic and legal firm specializing in cybercrime and cryptocurrency cases, is celebrating a series of significant accomplishments as it begins 2025: the recovery of $1.3 million in stolen cryptocurrency from a Pig Butchering scam, the resolution of a two-year online harassment case, being shortlisted for the prestigious 2025 Legal Elite Awards, and securing strategic consultations with renowned crypto influencers including Bitboy. These achievements reinforce LegalByte’s position as a leader in fighting digital crime and delivering justice to clients worldwide.
$1.3M Recovery in Pig Butchering Scam: A Global Effort
Pig Butchering scams, where fraudsters lure victims with false investment promises before disappearing with their funds, have become more prevalent globally. In this case, a victim from North Carolina was drawn into a fake cryptocurrency platform operated by a Southeast Asia-based syndicate.
LegalByte’s Action: Using cutting-edge blockchain forensics, LegalByte tracked the stolen funds through complex transactions across international wallets. Working closely with law enforcement agencies in Hong Kong, Singapore, and the U.S., the team obtained injunctions to freeze and recover $1.3 million—marking one of the largest recoveries in the firm’s history.
Expert Insight: “Cryptocurrency scams are increasingly sophisticated, but so are the solutions we provide,” said Andrew Tran, CEO of LegalByte. “This case highlights our ability to combine advanced technology with global legal partnerships to secure justice for our clients.”
Legal Elite Awards 2025 Shortlisting
LegalByte’s pioneering approach to cybercrime resolution and its commitment to excellence in blockchain forensics have earned it a coveted spot on the shortlist for the 2025 Legal Elite Awards. This prestigious recognition highlights the firm’s expertise in handling complex cryptocurrency-related disputes, asset recovery, and regulatory compliance. Being shortlisted underscores LegalByte’s dedication to leveraging cutting-edge technology and legal strategies to combat digital fraud, reinforcing its reputation as a trusted authority in the evolving landscape of cyber law and financial crime.
Conclusion of Two-Year Online Harassment Investigation
LegalByte has successfully enclosed an intensive, two-year investigation into an international online harassment case targeting several high-profile artists, venues and festivals. The perpetrator, who used multiple aliases and evasive tactics, harassed celebrities including David Guetta and Martin Garrix. LegalByte’s digital forensics team tracked down the individual, leading to felony charges and a pending trial in Ohio.
Giulio Ricciardi, 35, of Perrysburg, Ohio, is now awaiting trial after a meticulous two-year forensic investigation revealed his identity. Ricciardi, an amateur DJ, has been accused of stalking and harassing numerous well-known artists and festivals through social media and phone calls under various pseudonyms.
According to law enforcement and forensic experts, Ricciardi, who suffers from obsessive-compulsive disorder and schizophrenia, targeted several international music stars, including David Guetta and Martin Garrix. The investigation uncovered his efforts to evade detection by repeatedly closing and reopening social media accounts. Despite these efforts, his identity was eventually revealed, leading to felony charges.
The case is now headed to trial, where Ricciardi faces serious charges, including four felony counts of harassment and one felony count of stalking. The upcoming legal proceedings will determine the outcome, including the possibility of a prison sentence.
Mastering Blockchain Forensics and Cryptocurrency Tracking: Insights from LegalByte
As digital asset adoption continues to grow, the need for advanced solutions in blockchain forensics and cryptocurrency tracking is more critical than ever. LegalByte, a trailblazer in this field, offers expert services and innovative solutions to help individuals, businesses, and regulatory bodies navigate the complex world of cryptocurrency.
Unlocking the Power of Blockchain Forensics
Blockchain forensics is the detailed analysis of transactions and activities recorded on a blockchain network. LegalByte excels in this area, using advanced data analytics and forensic techniques to trace illicit transactions and uncover suspicious entities. The firm’s proactive strategies are essential in combating fraud, money laundering, and other criminal activities within the cyberspace.
The Advantages of Cryptocurrency Tracking
LegalByte’s expertise in cryptocurrency tracking enables real-time monitoring and analysis of digital asset movements across blockchain networks. By employing cutting-edge technologies like artificial intelligence and machine learning, LegalByte provides valuable insights into the flow of digital assets, helping businesses comply with regulations and manage risk.
LegalByte’s Advanced Techniques in Practice
- Transaction Graph Analysis: LegalByte maps and interprets relationships between blockchain addresses, revealing complex networks and tracking the source and destination of funds involved in illicit activities.
- Address Clustering: LegalByte links multiple addresses to a single entity, uncovering the identities behind anonymous transactions for full transparency.
- Machine Learning and Artificial Intelligence: LegalByte uses AI and machine learning to detect suspicious patterns and anomalies in real time, helping to prevent fraud.
- Enhanced Data Visualization: LegalByte provides advanced data visualization tools to present blockchain data intuitively, offering clients clear insights into their cryptocurrency environment.
Partnering with LegalByte: The Advantages
- Unmatched Expertise: LegalByte’s team consists of seasoned professionals with deep expertise in blockchain forensics and cryptocurrency tracking, providing top-tier guidance and support.
- Enhanced Security and Risk Management: LegalByte’s proactive techniques help clients identify high-risk entities and transactions, safeguarding financial interests.
- Streamlined Regulatory Compliance: LegalByte assists with navigating regulatory requirements, ensuring compliance with anti-money laundering (AML) and know-your-customer (KYC) regulations.
- Tailored Solutions: LegalByte offers customized solutions designed to meet the specific needs of financial institutions, regulators, and cryptocurrency businesses.
Looking Ahead with LegalByte
LegalByte remains at the forefront of cyber forensics and cryptocurrency tracking, continually evolving to address future challenges. By partnering with LegalByte, clients gain access to cutting-edge technologies, ongoing research and development, and a network of industry leaders.
LegalByte stands as a trusted partner in the digital asset space, providing sophisticated solutions to protect clients from fraud, ensure regulatory compliance, and enhance security. With advanced techniques, customized solutions, and a commitment to innovation, LegalByte equips clients to confidently navigate the complexities of the digital world.
To learn more about how LegalByte can unlock the full potential of blockchain forensics and cryptocurrency tracking, visit www.legalbyte.io.
About LegalByte
LegalByte is a US-based investigative firm specializing in cybercrime, cryptocurrency recovery, and digital forensics. With a focus on blockchain analytics and cross-border investigations, LegalByte has successfully recovered millions for clients worldwide.
