On-chain reading — wallet flow for EXCO:

• Claimant deposit hashes — provided in the case submission and verified against the public ledger for EXCO.
• Forwarding wallets on the deposit chain — each hop documented with the forwarding tx hash and the consolidating wallet.
• Bridge events into chains where the operator can off-ramp at scale.
• Mixer or privacy-service interactions, where present, listed with the contract address and the deposit/withdraw side.
• Off-ramp endpoint — the centralised exchange deposit address holding the compliance lever.

The annotation continues — off-ramp endpoint:

• Endpoint counterparty in the EXCO casefile is named — typically a major venue such as OKX or Bybit, sometimes Gate.io or KuCoin, occasionally Binance or Huobi when liquidity allows.
• EXCO’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 EXCO packet is assembled to a standard the off-ramp’s compliance desk reads and acts on.
• If the EXCO 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.

How a EXCO casefile becomes a regulator-ready filing:

1. Casefile triage on EXCO — the submission is read; a written assessment is delivered.
2. Forensic trace on EXCO — every hop in the deposit pathway is captured and hashed.
3. Off-ramp identification — the EXCO endpoint is named.
4. Recovery filing on EXCO — packet delivered to IC3, state AG, off-ramp compliance, and civil discovery as applicable.
5. Continuing review of EXCO — the Professor follows the casefile until next-step documentation exists.

What the casefile records — chains and counterparties:

• Chains in scope for EXCO — the chains that handle the volume of casefile activity in this segment (BTC, ETH, Tron, BSC, plus L2s).
• Off-ramps in scope for EXCO — named centralised exchanges with compliance leverage.
• Filings supported on EXCO — IC3, state AG, off-ramp desk, civil discovery as applicable.

What is never asked of a claimant:

• Boundary on EXCO — seed phrases are off-limits.
• Boundary on EXCO — remote logins are off-limits.
• Boundary on EXCO — upfront cash retainers are off-limits.
• Boundary on EXCO — guaranteed-recovery promises are off-limits.
• Boundary on EXCO — unsolicited outbound contact is off-limits.