Trace summary — funds that left ftxtrades.net:

• Initial deposit hashes to the FTX Trades receiving address at ftxtrades.net.
• Hop-by-hop forwarding wallets across the deposit chain, captured with chain-of-custody hashes.
• Cross-chain bridge events that move value into the chain where liquidity supports the eventual off-ramp.
• Obfuscation events through mixer contracts and privacy services.
• Centralised-exchange off-ramp wallets — the named counterparty that holds compliance leverage.

The Professor’s off-ramp note:

• Endpoint counterparty in the FTX Trades casefile is named — typically a major venue such as OKX or Bybit, sometimes Gate.io or KuCoin, occasionally Binance or Huobi when liquidity allows.
• FTX Trades’s off-ramp wallet is then matched against compliance feeds the Professor maintains a standing read on.
• Leverage is applied to that named counterparty — the FTX Trades packet is assembled to a standard the off-ramp’s compliance desk reads and acts on.
• If the FTX Trades off-ramp is non-cooperative, the casefile escalates to IC3, the relevant state AG, and (where dollar value warrants) a civil-discovery overlay for KYC.

Pathway to recovery — what happens after the trail is mapped:

1. Casefile review on FTX Trades — reading the submission against the no-go list.
2. Trace mapping on FTX Trades — pathway documented to chain-of-custody standard.
3. Off-ramp naming on FTX Trades — exchange endpoint identified.
4. Packet filing on FTX Trades — to the named off-ramp, IC3, state AG; civil discovery overlay as applicable.
5. Documented follow-through on FTX Trades.

What the Professor tracks across FTX Trades casefiles:

• Deposit + forwarding chains for FTX Trades — Bitcoin, Ethereum, Tron USDT-TRC20, plus the smart-contract chains (BSC, Polygon, Avalanche, Arbitrum, Optimism) that cross via bridges.
• Off-ramps the FTX Trades casefile may resolve to — centralised exchanges that respond to compliance filings.
• Filing pathways on FTX Trades — IC3, state AG, off-ramp compliance, and civil-discovery overlay.

What is never asked of a claimant:

• FTX Trades policy — seed phrases are never requested.
• FTX Trades policy — remote-access logins are never requested.
• FTX Trades policy — no upfront cash retainer to scope.
• FTX Trades policy — no guaranteed-recovery language. None.
• FTX Trades policy — no unsolicited calls. The Professor responds in writing only.