There's a New Way to Get Your Stolen Crypto Back

These are the words of an intrepid crypto investor - one of many who responded to a tweet asking about the lack of recourse people face when their assets are stolen in a hack, exit scam or Ponzi scheme.

There's as much as $10 billion in stolen crypto out there in the market, according to Pawel Kuskowski, CEO of blockchain sleuthing firm Coinfirm.

He wants to give victims a fighting chance at getting their funds back.

Exclusively revealed to CoinDesk, Coinfirm has teamed up with global investigations firm Kroll, a division of consulting firm Duff & Phelps.

CipherTrace, another analytics firm recently said some $4 billion in crypto has been lost this year.

Coinfirm's bread and butter is anti-money laundering within crypto networks, done by analyzing the history of transactions using various smarts and big-data analytics.

Coinfirm's partner, Kroll, takes a more "Traditional" approach, which might involve producing court orders to get an internet service provider to reveal details about an IP address, or using former FBI and CIA operatives to scour the dark web for activity involving stolen funds.

It should be pointed out that Kroll is not new to crypto: The firm worked with the U.S. Securities and Exchange Commission last year in relation to fraudulent coin offerings.

If loss victims so choose, Kroll can potentially line up third-party litigation funding.

"From a victim's point of view, where the police have failed to recover that money, they are not having to spend anything to get something. And no one recovers funds on their behalf without their permission. It makes the whole economics of recovering stolen funds very different - which is very exciting."