Blockchain Investigations - Beyond the 'Money'

• Main Author: Simon F Dyson
• Format: Article
• Language: English
• Published: The British Blockchain Association
• Series: The Journal of The British Blockchain Association
• Online Access: http://jbba.scholasticahq.com/article/10027-blockchain-investigations-beyond-the-money.pdf

Cryptocurrency investigations have centered almost entirely around the transfer of value “money” or a cryptocurrency asset. The use of cryptocurrency for illicit purposes, especially Bitcoin, is well documented both in academic writing, media reporting and even film documentaries. The infamous SilkRoad market place in addition to the millions of dollars spent within dark markets on drugs, guns and assassinations have grabbed the headlines. This paper looks at how blockchain is creating new areas of investigation that are yet to be explored in detail. This scenario-based research examines the hosting of stolen data (P.I.I) personal identifiable information on a distributed blockchain host where the data is also accessible. The platform used is based on Ethereum infrastructure but demonstrates just one available platform that poses the paradigm. The paper examines the considerations through the lens of an incident responder /cyber investigator, forensics examiner and data controller. The scenario highlights distinct differences in considerations from a traditional response compared to dealing with the immutable and unstoppable distributed technology. The paper concludes that more is needed to be done to understand digital forensics in the blockchain era and the need to develop beyond track and trace in the cryptocurrency investigative tool box. The discussion also brings forth how data retention and GDPR requires consideration when applying it blockchain systems.