Wallet trace — what the Professor maps:

• Deposit transaction hashes from the claimant wallet to the FxBay platform receiving address.
• Forwarding wallets the platform consolidated through — typically two to four hops on the deposit chain (BTC / ETH / USDT-TRC20 / BSC / Polygon / Arbitrum / Optimism / Avalanche).
• Bridge crossings between chains, where the operator moves value into a chain with deeper liquidity ahead of the off-ramp.
• Mixer interactions — Tornado-Cash variants, Sinbad, and the smaller obfuscation services that operators rotate through under regulatory pressure.
• Final off-ramp wallet — the centralised exchange deposit address that received the consolidated funds.

The annotation continues — off-ramp endpoint:

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

Filing pathway — the next step after the off-ramp is identified:

1. Submission triage — FxBay casefile reviewed against the no-go list, written reply within one business day.
2. Pathway trace — FxBay deposit and forwarding wallets captured.
3. Endpoint identification — FxBay off-ramp wallet named.
4. Filing — FxBay packet delivered to IC3, state AG, off-ramp compliance, civil discovery as needed.
5. Ongoing follow — FxBay stays on file until a documented next step is reached.

What the casefile records — chains and counterparties:

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

Lines the Professor will not cross:

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