LedgerCounsel
Case study · Confidential

Multi-domain IPTV service: cluster mapping and exchange-level disclosure targets

A coordinated commercial footprint across six related domains, traced through a single Bitcoin cluster with $4.3m+ throughput and outflows reaching licensed VASPs in disclosure-friendly jurisdictions.

6
related domains within a single service footprint
$4.31m+
received by the associated Bitcoin cluster
46,575
on-chain transfers analysed and clustered
Licensed VASPs
identified as disclosure and restraint targets

Findings on the matter

A coordinated commercial footprint, not a single storefront. Six related domains were identified within the same apparent IPTV service family, consistent with an operating business and supporting a joint-tortfeasor or common-design analysis.

Sustained throughput at commercial scale. The associated Bitcoin cluster recorded $4,312,318.87 received and $4,355,516.86 sent, evidencing continuous trading activity over an extended period rather than incidental use.

Subscriber-style intake pattern. 43,361 deposits against 3,214 withdrawals are consistent with systematic subscriber collection and consolidated outflow — a pattern that materially supports inferences as to scale, knowledge and commercial purpose.

Exposure to regulated counterparties. Outflows reach licensed exchanges in disclosure-friendly jurisdictions, creating identifiable touchpoints for Norwich Pharmacal-type relief, Bankers Trust applications, and equivalent foreign procedures.

Procedural application

The intelligence developed in this matter supported four parallel litigation workstreams, each with a distinct evidential burden and procedural objective.

Disclosure. The cluster’s outflow analysis identified the regulated VASPs holding KYC on the operators — providing the substrate for Norwich Pharmacal, Bankers Trust and §1782 applications against named counterparties rather than against unknown persons.

Payment-rail disruption. Aggregate throughput figures and the subscriber-style intake pattern provide evidence of scale relevant to the proportionality assessment for s.97A / Art. 8(3) and equivalent intermediary orders, where the financial layer is the target of relief.

Asset preservation. Hot-wallet balances and exchange-held positions visible at the time of analysis are suitable for freezing applications, proprietary injunctions or MLA-supported restraint, subject to standard urgency considerations.

Quantum and criminal referral. The cluster turnover figures are affidavit-ready and support both damages quantification at trial and onward referral to specialist units — City of London Police IPCU, Europol IPC³, and the FBI IPR Center.

Evidential standard

  • Methodology aligned to industry-standard chain-analysis practice.
  • Affidavit and witness-statement support available; expert-witness presentation where required.
  • Documented chain of custody for source data, from blockchain ingestion through to delivered exhibit.
  • Delivered under NDA and matter-specific engagement.

Outcome and value to counsel

For matters in this sector, the difference between a recurring blocking-order spend and a durable enforcement programme is whether the commercial actor behind the rotation of domains can be named, served, restrained and — where appropriate — referred. The work product summarised here was prepared to make that progression possible on the timeline that counsel and the client require.

Full work-product samples — including the exhibit pack format, exchange counterparty disclosure template, and a redacted affidavit excerpt — are available to counsel under NDA.

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