2021: A Year In Review
Avatar
Coinfirm_year_review_2021

It’s been a very, very busy year for the crypto markets and the Coinfirm team. Here is our annual Year in Review for 2021. The year has been a wild one for crypto, with a large number of high-profile hacks, new asset classes coming up such as NFTs, the metaverse and more. 2021 cemented cryptocurrencies as a…

Read more Combined Shape Copy 1Created with Sketch 1.
Reporting Requirements to Financial Investigative Units
Avatar

Submitting various reports to FIUs is a key aspect of crypto compliance across numerous jurisdictions.  The two main types of reports COs need to be acquainted with are those for 1) suspicious behavior and 2) large transactions. For suspicious behavior, these include (but are not limited to); the Suspicious Activity Report (SAR) and the Suspicious…

Read more Combined Shape Copy 1Created with Sketch 1.
Detailed Record Retention and Deletion
Avatar

Keeping detailed records of customers and red flags alerts of their activity is an important process of compliance with key jurisdictions. Record retention of compliance documents for SARs, UBOs and CDD is mandatory for a number of jurisdictions, albeit with differing amounts of time required.  In the U.S., MSBs must retain records of the SARs…

Read more Combined Shape Copy 1Created with Sketch 1.
Meet the Team: Karina Pałka
Avatar

Hi everyone, I’m Karina Pałka and I have been at Coinfirm for 3 years and 9 months and have enjoyed working in the effort to power the mass adoption of blockchain. It has been interesting to join the firm when it was beginning its journey and to see all the great work we are doing…

Read more Combined Shape Copy 1Created with Sketch 1.
Markers and Indicators of Crypto Money Laundering and Financial Crime
Avatar
Money_Laundering_Crypto_Indicators

Financially-motivated crimes take many forms. In a prior investigation for instance, Coinfirm identified 15 general classifications of crypto fraud schemes alone. The majority of criminally-obtained financial gains eventually winds up being attempted to be laundered for use in the legal economy.  Some tell-tale signs of money laundering in the traditional financial system are also utilized…

Read more Combined Shape Copy 1Created with Sketch 1.
BTC, BCH and DASH CoinJoin Transactions: Which Chains’ Users Most Use Privacy?
Avatar
CoinJoin_BTC_BCH_DASH

A number of different blockchains have the ability to obfuscate transactions – those made using ‘CoinJoin’ on the BTC chain – to make blockchain analysis more difficult for hackers, fraudsters and money launderers to be traced. This includes; BTC, BCH and DASH, amongst others. CoinJoin is a method by which cybercriminals launder funds or otherwise…

Read more Combined Shape Copy 1Created with Sketch 1.
MonoX, BitMart and the Importance of Banning Mixers
Avatar
Crypto_Mixers_Tumblers

In the last week, a number of high-profile hacks have taken place including that of BitMart over the weekend, where the hacker took USD 150 million (USD ~100 million on ETH, USD ~50 million on BSC) and sent 21, 270 ETH (close to USD 92 million) of the whole to a well-known mixing service. In…

Read more Combined Shape Copy 1Created with Sketch 1.
Meet the Team: Filip Kolczyński
Avatar
Filip_Kolczynski_Coinfirm_Team

Hi! I’m Filip and I have been working as a Customer Success Specialist at Coinfirm for nearly two years. My first contact with crypto was back in 2012 when I was still in high school. During one of the IT classes, one of my classmates pulled some old graphic cards out of his bag and…

Read more Combined Shape Copy 1Created with Sketch 1.
[Webinar Replay] Centralised vs Decentralised Exchanges | DeFi Live
Avatar
Defi_Live_Webinar_Sach_coinfirm

Watch the replay of the DeFi Live panel ‘Centralised vs Decentralized Exchanges’ with leading experts on crypto asset exchanges. Panelists; Tim Aron, Barrister at Minerva Chambers Timo Lehes, Co-Founder at Swam Markets Graham Rodford, CEO at Archax Moderator: Sachin Dutta, CMO at Coinfirm Date: November 10th 2021

Read more Combined Shape Copy 1Created with Sketch 1.
[Webinar Replay] How Digital Rights are Lost in Crypto | DeFi Live
Avatar
defi_live_Sachin_Dutta_webinar

Watch the replay of the webinar ‘How Digital Rights in Crypto are Lost’, a DeFi Live panel with leading experts on crypto crime. Panelists: Sachin Dutta, CMO of Coinfirm Erica Stanford, Founder of Crypto Curry Club Mat Stanley, Detective Sergeant at the Metropolitan Police Date: November 10th 2021

Read more Combined Shape Copy 1Created with Sketch 1.

subscribe to newsletter

    You accept our Direct Marketing & Privacy Policies by submitting your info. Opt-out anytime.











    [ad_id_i][/ad_id_i]
    [adset_id_i][/adset_id_i]
    [ad_name_i][/ad_name_i]
    [adset_name_i][/adset_name_i]
    [placement_i][/placement_i]
    [campaignid_i][/campaignid_i]
    [adgroupid_i][/adgroupid_i]
    [keyword_i][/keyword_i]
    [placement_i][/placement_i]