Blockchains play a huge role in cryptocurrency investigations by law enforcement. But errors of analysis block the legal investigations.

Blockchains facilitate investigations because they act as a large permanent record, accessible by the public, of almost all cryptocurrency transactions. This system allows investigators to track the movement of funds between cryptocurrency addresses. It is therefore important that investigators use the best blockchain analysis tools to limit errors and complete their analyses. The most common mistakes in cryptocurrency investigations are: Getting lost in cryptocurrency mixers; Attempt to trace funds through a Service; Fail to identify addresses attached to nested services or merchant service providers.