May 17, 2023 | Cryptocurrency recovery, Litigation, Money Laundering
In most cases, when an individual or company has become a victim of cryptocurrency-related cybercrime, be it a hack, theft, fraud, or scam of some sort, it’s a good idea to report it to law enforcement in their jurisdiction. However, at Cryptoforensic Investigators, a...
Sep 22, 2022 | Compliance, Cryptocurrency Theft, Money Laundering
Last month the US Treasury placed sanctions on cryptocurrency mixer Tornado cash causing a considerable amount of pushback and questions about the suitability and legality of sanctions on Tornado cash. The sanctions on Tornado cash follow an increasing amount of...
May 18, 2022 | Fraud, Money Laundering, Scam
Romance scams, which often involve a scammer impersonating someone as part of the scam, aren’t new by any means, but a new breed of romance scam has become incredibly prevalent over the past few years. This breed of romance scam has been referred to as a ‘pig...
Nov 30, 2021 | Money Laundering, NFTs
What is an NFT? A Non-fungible Token (NFT) is a unique digital asset and piece of data stored on a blockchain. The NFT is a unique token recorded as belonging to a given wallet, and it is not indistinguishable or interchangeable amongst other tokens of the same type....
Sep 28, 2021 | Compliance, Cryptocurrency exchanges, Money Laundering, Regulation
This past week, the US government took action for the first time to sanction a foreign cryptocurrency exchange, Suex, in an effort to stem the tide against ransomware and cybercrime. This enforcement action puts Suex in the same category as suspected terrorists. Thus,...
Jan 6, 2021 | Compliance, Money Laundering, Privacy
The concept of “tainted Bitcoin” or “tainted cryptocurrency” is one of the most misunderstood aspects among Bitcoin enthusiasts. This misunderstanding doesn’t just apply to beginners, but to intermediate/advanced cryptocurrency users and traders, individuals who work...
