Crypto

Dec 18, 20242 min read

5 Steps to Effective AML Investigations

AML investigations are essential to help a regulated entity differentiate between a transaction that is legitimate and a transaction that...

Nov 25, 20242 min read

Bitfinex Hack Money Laundering Methods: Lessons learned

If you think crypto is anonymous, think again. In November 2024, Ilya Lichtenstein was convicted for the 2016 Bitfinex hack, where he...

Nov 18, 20242 min read

What are Privacy Coins and How They Can be Used in Money Laundering

Privacy coins are cryptocurrencies designed to protect user anonymity. Some popular examples are Monero and ZCash. Unlike Bitcoin, where...

Jan 3, 20243 min read

Web 3: What Compliance Professionals need to know

Web 3 has gained significant traction in recent years, attracting users and businesses alike. Its decentralized nature, where power is...

Dec 7, 20234 min read

Crypto Compliance: What Can We Learn from Binance's Problems?

This article appears as the "Discussion of the month" topic in AML News and Updates Newsletter - December 2023 edition which can be found...

Nov 28, 20233 min read

Deepfakes - an evolving threat for financial institutions

Imagine a friend of yours asking for a video call. You accept – besides, you know this person very well. During the video call, the...

Nov 21, 20232 min read

Crowdfunding – Why is it vulnerable to Terrorist Financing?

Crowdfunding is a method of raising funds from a large number of people, typically via the internet, for a specific project or venture....

Oct 22, 20225 min read

KYC/CDD in traditional banking vs crypto

5 min read KYC means “Know Your Customer” and CDD stands for “Customer Due Diligence”. These terms usually go together and are...

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