The annotation reads — wallet trace:

• Claimant-to-platform deposit transactions on the deposit chain used by WAVE.
• Operator-controlled forwarding wallets where deposits consolidate ahead of laundering or off-ramping.
• Cross-chain bridge events to chains with deeper exchange liquidity.
• Privacy-service interactions, where present in the trail.
• Off-ramp wallet — the named centralised-exchange endpoint.

From the lectern — off-ramp identification:

• WAVE off-ramps consistently to centralised exchanges — Coinbase, Kraken, and Gemini appear less often than the offshore venues; the casefile names the actual endpoint.
• The WAVE off-ramp address is matched to known compliance feeds — the Professor’s standing dataset plus chain-analytics references.
• Compliance leverage is applied at the named counterparty for WAVE — the packet meets the off-ramp’s published compliance standard.
• When the WAVE off-ramp does not respond, escalation runs through IC3 (for US claimants), state AG, and (above a dollar threshold) civil-discovery overlay.

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

1. Read the WAVE submission — written go/no-go returned.
2. Map the WAVE wallet trail — every hop captured with chain-of-custody hashes.
3. Name the WAVE off-ramp — endpoint counterparty identified.
4. Build and file the WAVE recovery packet — to IC3, state AG, off-ramp compliance, civil-discovery overlay.
5. Stay on the WAVE file — until written next steps exist.

What the casefile records — chains and counterparties:

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

Boundaries on every WAVE casefile — never crossed:

• Hard line on WAVE — no seed-phrase requests, period.
• Hard line on WAVE — no remote logins requested.
• Hard line on WAVE — no upfront cash retainer.
• Hard line on WAVE — no guarantee language.
• Hard line on WAVE — no unsolicited phone outreach.