Blockchain technology can be utilized to trace transactions and recover Bitcoin in the event of fraud or scam. Blockchain intelligence companies can trace bitcoin and other cryptocurrency transactions to help ransomware victims understand who the attacker is and perhaps how they can get their funds back. These companies can also be used to trace the flow of funds and identify the individuals involved in scams and hacks within the crypto industry. Investors might respond and recover assets from losses due to fraud and theft by unraveling a tangle of blockchain transactions and working with law enforcement and regulators in investigations. However, recovering crypto losses is very challenging and not impossible. Limited resources and fraud proliferation typically obstruct recovery, and online cryptocurrency scams cause significant financial losses to more consumers every month. To trace Bitcoin transactions, one can use a blockchain explorer like blockchair.com and enter the Bitcoin address that they want to trace into the search bar.