We have an unrivalled track record of recovering crypto assets collectively worth tens of millions of pounds for organisations, including institutional investors, neobanks and in-play betting companies that have fallen victim to fraud.
Louise is very detail-oriented, she takes real ownership and is incredibly knowledgeable about crypto fraud and has been involved in recently reported crypto fraud cases.
M2’s legal services offering is focused solely on crypto recovery fraud and therefore is totally unique.
We provide a unique, all-in-one crypto recovery service, covering the entire process from investigating and tracing the proceeds of fraud, through to complex legal recovery processes and enforcement.
We’re a team of cyber intelligence specialists, recovery agents, forensic accountants and expert lawyers, working with our proprietary technology all under one roof.
If you’re insured, we’ll generally work on a contingency basis, and you’ll keep more than two thirds of any assets we successfully recover. If you’re not insured, we may still be able to help, as long as you’re able to fund the recovery process or can access after-the-event (ATE) and adverse costs insurance.
We have a 100% success rate, and recovered in the region of £500,000 worth of crypto assets last year alone.
From insuring crypto asset investments before the event, right through to recovering crypto assets should the worst happen, we’re here to protect your crypto investments.
1 Initial investigations
Once you’ve instructed us, we’ll kick off right away. Using proprietary methodologies and investigative technologies, we’ll start by trying to locate the stolen assets, establish whether fraud has taken place, and ascertain whether the funds are recoverable. We’ll then carry out an initial legal review into the prospects of success in recovering the assets.
If you’re not insured, we’re often able to offer a fixed fee for this initial work, with no obligation for you to continue to engage us.
If we’re both still happy to continue pursuing the case, we’ll enter into a damages-based agreement (DBA) with you, usually on a 30% recovery basis (this is far lower than market standard). We would then usually seek to obtain disclosure orders and freezing injunctions against the exchanges that facilitated the relevant transaction(s), which helps us to more precisely locate – and subsequently protect – the stolen crypto assets.
3 Legal proceedings
Next, we’ll commence legal proceedings against the fraudsters, which is possible even if they cannot be specifically identified. If the fraudsters fail to respond, judgment will usually be given in your favour (this is often a straightforward procedural step).
Once the funds have been located, we’ve proven fraud, frozen the assets and obtained judgment, we can then enforce the judgment to recover the frozen assets (usually from a digital wallet, in these circumstances).
This process, if not defended, usually takes six to nine months from start to finish.