Yes, crypto can be traced, but it depends on the particular cryptocurrency and the level of anonymity it offers.  

Bitcoin, the first and most popular cryptocurrency, is often considered to be pseudonymous 

meaning that while transactions are recorded on a public ledger, the identity of the parties involved is not necessarily known. 

However, with the right tools and techniques, it is possible to trace Bitcoin transactions back to their origin and potentially identify the individuals involved.

The process of tracing crypto transactions involves analyzing the public blockchain, which is a decentralized digital ledger that records all transactions on the network.  

Each transaction is linked to a unique cryptographic signature that identifies the parties involved and the amount of cryptocurrency being transferred. 

While the actual identities of the parties involved are not recorded on the blockchain 

other data such as IP addresses and transaction patterns can be analyzed to infer the identity of the users.