Question 1

What is blockchain auditing, and how is it different from a smart-contract audit?

Accepted Answer

Blockchain auditing is the independent financial and forensic audit of an organisation’s crypto holdings, transactions, and reserves — verifying that the on-chain reality matches the books. It is distinct from a smart-contract (code) audit: we audit the money and the controls, not the source code. Our work covers financial-statement audits, proof of reserves, transaction reconciliation, and AML controls.

Question 2

Are your audits backed by a licensed firm in Cyprus?

Accepted Answer

Yes. We partner with ICPAC-licensed firms (the Institute of Certified Public Accountants of Cyprus is the body that authorises statutory audit work in Cyprus), so independent audit opinions are issued through licensed partners your investors, board, and regulators can rely on — combined with the on-chain forensic depth most accounting firms don’t have.

Question 3

What is a proof-of-reserves audit?

Accepted Answer

A proof-of-reserves audit is an independent, on-chain attestation that an exchange or custodian actually holds enough assets to fully back its customer liabilities. We cryptographically verify wallet ownership, confirm balances on-chain, and reconcile them against internal records — so you can prove solvency to customers and regulators rather than just assert it.

Question 4

How does blockchain auditing help with CySEC and MiCA compliance?

Accepted Answer

Under MiCA, CySEC is the competent authority in Cyprus for crypto-asset service providers (CASPs) and most crypto-assets, with a transitional regime for CASPs running to 1 July 2026. Our AML and compliance audits review your KYC/AML controls, wallet-risk exposure, and reserve backing against EU and Cyprus requirements, giving you documented, audit-ready evidence of compliance.

Question 5

What is blockchain forensics, and is your evidence usable in court?

Accepted Answer

Blockchain forensics is the discipline of tracing, analysing, and documenting cryptocurrency transactions to produce evidence suitable for legal proceedings — distinct from general analytics or monitoring. Our investigations follow a documented methodology with a clear chain of custody, producing legally admissible, court-ready reports and expert testimony for legal teams, businesses, and government agencies.

Question 6

What should I do if my crypto is stolen in Cyprus?

Accepted Answer

Act fast and contact us immediately — stolen funds can be moved through mixers or cross-chain bridges within hours, so the earliest hours matter most. We trace the funds on-chain, document the trail, notify exchanges that may be able to freeze assets, and coordinate with law enforcement in Cyprus, Greece, and beyond. The sooner we start, the better the odds of recovery.

Question 7

Can you actually recover lost or stolen cryptocurrency?

Accepted Answer

Sometimes — it depends on where the funds went and how quickly we are engaged. We trace transaction pathways across wallets, exchanges, and chains to identify where assets landed; when funds reach a regulated exchange they can often be frozen and recovered through legal channels. We are honest about the odds up front and never guarantee recovery, but early forensic tracing materially improves the chances.

Question 8

Do you offer blockchain auditing and forensics services in Cyprus and Greece?

Accepted Answer

Yes. We are based in Limassol, Cyprus, and serve clients across Cyprus, Greece, and the wider EU. We provide blockchain auditing backed by ICPAC-licensed partner firms, blockchain forensics and crypto recovery, and AML/compliance advisory — for exchanges, funds, law firms, regulators, banks, and fintechs.

Question 9

Who do you typically work with?

Accepted Answer

We work with crypto exchanges, funds, and digital-asset businesses needing audited, verifiable financials; law firms and prosecutors needing on-chain evidence and expert testimony; banks, fintechs, and CASPs needing AML and compliance assurance; and individuals or businesses that have lost crypto to fraud or theft.

Frequently Asked Questions