The FinCEN Files are a trove of information and analysis released in 2020 by the International Consortium of Investigative Journalists that sought to uncover vast gaps in money laundering actions by the traditional financial sector and institutions. Amongst some of the accusations leveled at the big banks was over-arching complacency in fighting back against malicious
Fingerprints of Activity is a financial investigatory method to identify accounts of known blockchain services and methods used by the perpetrators. By identifying the ‘modus operandi’ of a single suspect or of a group of threat actors, financial investigatory units (FIUs) can faster apprehend suspects and seize their assets. Related Articles Battles of Dirty Money and Blockchain: How
Refers to new applications, processes, products or business models that are being applied to improve the efficiency and security of financial services. Related Articles
First In, First Out or ‘FIFO’, is an asset-management and valuation method in which assets produced or acquired first are sold, used, or disposed of first. The FIFO method is used for cost flow assumption purposes. Under FIFO, it is assumed that the cost of inventory purchased first will be recognized first. The dollar value