Albuquerque, New Mexico – March 18, 2025 – LegalByte, a premier investigative and legal consultancy specializing in cybercrime and cryptocurrency forensics, has entered 2025 with a series of landmark achievements. From successfully recovering USD 1.3 million in misappropriated cryptocurrency to securing a coveted shortlist position for the 2025 Legal Elite Awards and playing a key role in high-profile cyber investigations, LegalByte continues to shape the evolving landscape of digital asset security and cyber justice.

Major Crypto Asset Recovery Milestone

The rapid rise of cryptocurrency-related fraud has left countless victims struggling to recover stolen digital assets. LegalByte’s latest success story involves the recovery of USD 1.3 million lost in a complex ‘Pig Butchering’ scam—a deceptive scheme in which fraudsters lure victims with false investment opportunities before disappearing with their funds. The firm’s blockchain forensics team traced the illicit transactions through an intricate network of international wallets, working closely with law enforcement in Hong Kong, Singapore, and the United States to freeze and retrieve the stolen assets.

“Cryptocurrency fraud is evolving at an alarming pace, but so is our ability to combat it,” said Andrew Tran, CEO of LegalByte. “By leveraging cutting-edge forensic tools and fostering global legal partnerships, we are giving victims a fighting chance to reclaim their financial security.”

LegalByte Recognized for Excellence in Cybercrime Investigation

LegalByte’s innovative approach to cryptocurrency fraud detection and blockchain forensics has earned the firm a prestigious shortlist nomination for the 2025 Legal Elite Awards in the “Technology & Innovation” category. This recognition highlights LegalByte’s leadership in tackling cybercrime through AI-powered forensic tools, strategic legal frameworks, and real-time cryptocurrency tracking methodologies.

“Our mission is to bridge the gap between emerging technologies and legal enforcement,” Tran added. “This award nomination reinforces our commitment to setting industry benchmarks for cybersecurity and digital fraud resolution.”

High-Profile Cybercrime Investigation & Online Harassment Crackdown

In a landmark case, LegalByte successfully concluded an extensive two-year investigation into a sophisticated online harassment campaign targeting high-profile artists, festivals, and music industry professionals. The perpetrator, Giulio Ricciardi of Perrysburg, Ohio, allegedly engaged in an elaborate cyberstalking operation, harassing global music icons such as David Guetta and Martin Garrix through social media manipulation and anonymous threats.

Through meticulous digital forensics and cyber investigation techniques, LegalByte identified and unmasked Ricciardi, leading to felony charges for harassment and stalking. This case underscores the firm’s ability to combat online abuse by utilizing advanced forensic methodologies to trace digital footprints and hold perpetrators accountable.

Pioneering Advances in Blockchain Forensics & Cryptocurrency Tracking

LegalByte continues to lead the charge in blockchain forensics, helping businesses, regulators, and private clients navigate the risks associated with digital assets. The firm’s forensic expertise includes:

• Advanced Blockchain Analysis – Tracing illicit transactions across multiple blockchains to uncover fraudulent activity.
• AI-Powered Crypto Monitoring – Detecting suspicious transaction patterns using machine learning and predictive analytics.
• Regulatory Compliance Support – Ensuring clients remain compliant with evolving AML (Anti-Money Laundering) and KYC (Know Your Customer) regulations.

As digital currencies gain mainstream adoption, LegalByte remains at the forefront of forensic innovation, offering tailored solutions that enhance security, mitigate risk, and support legal enforcement in the digital financial ecosystem.

Looking Ahead: LegalByte’s Vision for 2025 and Beyond

With a growing portfolio of high-impact cases and a strong foothold in global cybercrime investigations, LegalByte is set to expand its reach in 2025. The firm plans to launch a blockchain verification platform aimed at strengthening contract compliance, as well as a global webinar series on Web3 legal risks, providing critical insights into the challenges and opportunities within decentralized finance (DeFi) and emerging digital asset markets.

“The future of cybersecurity is deeply intertwined with blockchain and AI technologies,” Tran concluded. “We are not just adapting to this transformation—we are driving it.”

About LegalByte

LegalByte is a US-based forensic and investigative firm specializing in cybercrime, cryptocurrency recovery, and digital forensics. With expertise in blockchain analytics, fraud detection, and regulatory compliance, LegalByte has successfully recovered millions for clients worldwide. The firm is committed to leveraging the latest technological advancements to safeguard digital assets and uphold justice in the evolving cyber landscape.

Media Contact:

Olivia Laine
Email: contact@legalbyte.io
Website: www.legalbyte.io