E-Discovery is a set of analyses, typically in relation to litigation or criminal proceedings, that seek to collect, preserve, review, and exchange information in electronic formats for the purpose of using it as evidence. In cryptocurrency fraud cases conducted by investigative analytics by companies such as Coinfirm E-Discovery is aimed to extract blockchain addresses, transactions or private keys from the
What is Egmont Group Egmont Group is an international organisation which facilitates and prompts a secure medium of exchange of information, expertise, financial intelligence and cooperation amongst member FIUs to combat money laundering, terrorist financing, and associated predicate crimes. Egmont Group Responsibilities Egmont Group Publications Egmont Group core documents Full archive of published reports can
Is an electronic store of monetary value, based on a technological mechanism for holding and accessing fiat currency. The ease of use of e-money has led to the increasing prevalence of this form of fiat currency and the decreasing use of cash in everyday transactions. Whilst e-money is backed by fiat and thus backed by
Enhanced Due Diligence or ‘EDD’ is a KYC process of carrying out further due diligence on customers that may be seen to be more high risk to mitigate regulatory issues. This may be with PEPs or ‘Politically Exposed Persons’, sanctioned entities or individuals or other profiles that fit a higher level of risk category. Additional
ERC-20 is a token standard based on the Ethereum protocol. It is used for all smart contracts on the Ethereum blockchain for token implementation and provides a list of rules that all Ethereum-based tokens must follow. Due to the standards’s prevalence it has emerged as the most used token standard. There are 6 foremost functions
Europol or the ‘European Police Office’ is the EU’s inter-governmental law enforcement agency that allows numerous nation-states to pool resources to combat cross-border crime. Its main goal is to help achieve a safer Europe for the benefit of all EU citizens. In the area of anti-money laundering, Europol provides member states’ law enforcement authorities with operational
