Arkham Explains the Role of On-Chain Investigators and Crypto-Tracking Tools

Blockchain transactions are represented by addresses, but their records are public and immutable. On-chain investigators can use address clustering and patterns in transaction timing and amounts, then cross-reference social-media accounts, domains and court documents to identify the people or entities involved. Such work helps bridge gaps in the speed of law enforcement. The theft of 127,426 bitcoins from LuBian in 2020, worth about $3.5 billion at the time, underscored the value of transaction tracing.

On March 20, 2026, ABMedia cited an article by blockchain analytics firm Arkham describing its wallet-labeling, cross-chain tracking and fund-flow visualization tools. The article said ZachXBT investigated the theft of about 4,100 bitcoins worth $243 million, helping lead to the arrests of several suspects beginning in September 2024. Coffeezilla had more than 4.5 million YouTube subscribers by 2025.