Following the Coincheck Inc. heist, where over $500 million in digital currency was stolen, investigations have been underway to try and catch the culprits and recover the stolen funds. Some good news has been shared this week that should be of use in catching these criminals.  A portion of the digital money has been traced to a crypto exchange located in Canada, according to new information from BIG Blockchain Intelligence Group Inc.

The stolen NEM tokens have been being transferred to an exchange in Vancouver, and converted into other digital currencies, after which they might be being sent back to Japan, according to the President and co-founder of BIG, Shone Anstey. These new findings will be given to law enforcement to act on accordingly.

“We felt it was a significant amount that warranted looking into,” Anstey explains. “They are trying to move it before the door is closed, but there is a lot to move.”

The hi-jacked digital funds can be followed online, because Bitcoin transactions are public, even though the identities of the people making the trades can be kept a secret. BIG has been able to utilize public ledger information to trace the tokens.

Meanwhile, Coincheck has been able to identify and publish 11 addresses where all the stolen digital money has gone.  On Friday, a newspaper that is published by the Japan Communist Party shared that more than 24 million of the stolen tokens have been found in a Japanese NEM exchange.

NEM developers have established a tracking program that can allow exchanges to automatically reject stolen funds. The 11 located addresses are now labeled with a tag that says, “coincheck_stolen_funds_do_not_accept_trades : owner_of_this_account_is_hacker.”

It’s not clear if Coincheck has actually identified who the cyber thieves are at this point, or if they only know the addresses right now.