Results for “”

https://www.trmlabs.com/resources/blog/digital-asset-developments-in-south-korea-balancing-innovation-and-risk

https://www.trmlabs.com/resources/blog/trm-labs-ari-redbord-named-vice-chair-of-new-cftc-technology-advisory-committee

https://www.trmlabs.com/resources/blog/fatf-releases-pivotal-report-on-ransomware

https://www.trmlabs.com/resources/blog/trm-labs-launches-on-demand-crypto-compliance-and-investigations-certifications-in-trm-academy

https://www.trmlabs.com/resources/blog/u-s-u-k-and-the-world-look-to-central-bank-digital-currencies

https://www.trmlabs.com/resources/blog/enabling-a-safe-and-productive-digital-asset-economy-trms-response-to-australias-token-mapping-consultation

https://www.trmlabs.com/resources/blog/the-first-crypto-war-assessing-the-illicit-blockchain-ecosystem-one-year-into-russia-ukraine-war

https://www.trmlabs.com/resources/blog/terrorist-financing-six-crypto-related-trends-to-watch-in-2023

https://www.trmlabs.com/resources/blog/key-considerations-for-law-enforcement-handling-blockchain-cryptocurrency-data

https://www.trmlabs.com/resources/blog/uk-unveils-proposal-for-digital-pound

https://www.trmlabs.com/resources/blog/pig-butchering-scams-what-the-data-shows

https://www.trmlabs.com/resources/blog/crypto-down-under-unpacking-australias-token-mapping-consultation

https://www.trmlabs.com/resources/blog/north-korea-coin-the-mystery-cryptocurrency-caught-up-in-a-south-korean-corruption-scandal

https://www.trmlabs.com/resources/blog/the-uk-puts-forward-a-suggested-cryptoasset-framework

https://www.trmlabs.com/resources/blog/trm-talks-a-defi-roundtable

https://www.trmlabs.com/resources/blog/spotlight-on-killnet-the-cybercriminal-group-raising-funds-for-russias-war-in-ukraine

https://www.trmlabs.com/resources/blog/kiran-bondalapati-joins-trm-labs-as-vp-engineering

TRM Labs, the leader in blockchain intelligence solutions, is pleased to announce that Kiran Bondalapati has joined TRM Labs as VP Engineering.

https://www.trmlabs.com/resources/blog/crypto-atm-payments-linked-to-known-scam-addresses

Over $40 million USD was sent in 2022 to known scam addresses via cash-to-crypto services such as crypto ATMs, according to research by TRM Labs. 

https://www.trmlabs.com/resources/blog/drainware-unfortunately-coming-to-a-cryptocurrency-wallet-near-you

TRM Labs has been tracking the emergence of a new threat to the crypto ecosystem – drainware, a type of malicious smart contract that has previously been referred to as “drainers”, “sweepers” and “wallet drainers.” 

https://www.trmlabs.com/resources/blog/tracers-in-the-dark-an-inside-look-into-the-takedown-of-cryptos-biggest-criminals

This week, TRM was joined at the National Law Enforcement Museum in Washington, D.C., by a panel of experts - former United States Attorney, and partner at Skadden Arps, Jessie K. Liu, Federal Magistrate Judge for the District of Columbia Zia Faruqui, Former IRS-CI special agent and TRM’s head of global investigations Chris Janczweski, and author Andy Greenberg to discuss Mr. Greenberg’s acclaimed book, Tracers in the Dark: The Global Hunt for the Crime Lords of Cryptocurrency.

https://www.trmlabs.com/resources/blog/doj-and-treasury-announce-actions-against-bitzlato-exchange-for-facilitating-russian-illicit-finance

Yesterday, the U.S. Department of Justice and the U.S. Treasury Department announced a coordinated action against non-compliant Hong Kong-registered cryptocurrency exchange Bitzlato, and the arrest of its owner for “conducting a money transmitting business that transported and transmitted illicit funds and that failed to meet U.S. regulatory safeguards, including anti-money laundering requirements.”

https://www.trmlabs.com/resources/blog/trm-talks-policy-recap-what-to-watch-in-2023

Last week, TRM’s global policy team – Ari Redbord, Isabella Chase and Angela Ang – got together for our first series of TRM Talks Policy, where we will be dissecting the latest regulatory news every quarter. 

https://www.trmlabs.com/resources/blog/on-the-trail-of-the-squid-game-scammers

Just over a year ago, the crypto world was rocked by one of the simplest yet most audacious scams in its history. Exploiting the global frenzy around Squid Game, a violent South Korean drama that became the most watched show on Netflix, scammers launched a tradable token called SQUID. Its flashy website and slick social media accounts, replete with images from the show, falsely suggested official endorsement . 

https://www.trmlabs.com/resources/blog/announces-trm-tactical-the-mobile-first-blockchain-intelligence-tool-for-investigators

TRM Labs announces ​​the launch of TRM Tactical, the mobile-first blockchain forensics tool that empowers frontline investigators to surface cryptocurrency evidence rapidly and easily – even without in-depth blockchain or crypto expertise.

https://www.trmlabs.com/resources/blog/phil-ariss-former-crypto-lead-for-the-national-police-chiefs-council-cybercrime-programme-joins-trm-as-director-of-uk-public-sector-relations

Last month, former crypto lead for the National Police Chiefs' Council Cybercrime Programme Phil Ariss, joined TRM Labs as Director of UK Public Sector Relations, bringing over 15 years of law enforcement experience in cybercrime, cryptocurrency investigations and digital research. 

https://www.trmlabs.com/resources/blog/2022-a-roaring-year-for-digital-assets-in-singapore

In this piece, we look back at digital asset developments in 2022 in Singapore, and look ahead to what to expect from the Lion City in 2023.

https://www.trmlabs.com/resources/blog/looking-back-at-2022-and-towards-2023-to-see-what-the-future-holds-for-digital-assets-policy

As 2022 comes to a close, TRM’s policy team took a look back at what 2022 brought to the world of crypto regulation, and what this may mean for the industry in 2023. In short, 2022 was a bit of a bumpy Back-to-the-Future-esque DeLorean ride in the digital assets ecosystem. ‍

https://www.trmlabs.com/resources/blog/new-evidence-confirms-isis-affiliate-in-afghanistan-accepting-cryptocurrency-donations

While ISIS supporters have solicited cryptocurrency donations for years, especially in Syria, TRM Labs recently uncovered evidence of direct cryptocurrency use for fundraising by an official ISIS affiliate.

https://www.trmlabs.com/resources/blog/meet-ramin-sawal-latam-director-of-law-enforcement-relations-and-former-u-s-secret-service-special-agent

With a wealth of experience in electronic and financial crime investigations, Ramin focuses on being a trusted resource to our law enforcement partners in Latin America, offering guidance on virtual currency investigative infrastructure and providing investigative leads, training and case specific assistance. 

https://www.trmlabs.com/resources/blog/defi-cross-chain-bridge-attacks-drive-record-haul-from-cryptocurrency-hacks-and-exploits

Hacks on DeFi targets and cross-chain bridges have driven a record-setting year for hacking activity in the cryptocurrency ecosystem, with over $3.6 billion in stolen funds through November 2022, according to a review of hacking incidents by TRM Labs1. 

https://www.trmlabs.com/resources/blog/meet-angela-ang-senior-policy-advisor-at-trm-and-former-deputy-director-at-the-monetary-authority-of-singapore

This month, TRM Labs welcomed Angela Ang as Senior Policy Advisor based out of Singapore, bringing with her a wealth of policy experience from both the public and private sectors. 

https://www.trmlabs.com/resources/blog/eight-months-after-the-hydra-shutdown-new-russian-language-darknet-markets-fill-the-void

https://www.trmlabs.com/resources/blog/eddie-medak-joins-trm-labs-as-chief-revenue-officer

https://www.trmlabs.com/resources/blog/u-s-treasury-reaches-settlement-with-kraken-for-iran-sanctions-violations

On Monday, the United States Department of Treasury’s Office of Foreign Assets Control (OFAC) announced a settlement with cryptocurrency exchange Kraken for violations of Iran sanctions.

https://www.trmlabs.com/resources/blog/mega-investment-fraud-schemes-2022

https://www.trmlabs.com/resources/blog/incoming-regulation-to-be-expected-in-the-wake-of-the-ftx-collapse

In the wake of the collapse of FTX, we are certain to see a far-reaching regulatory response. Just this week, U.S. Treasury Secretary Janet Yellen explained to Bloomberg that the collapse of FTX is further evidence that the market for digital assets requires “very careful regulation."

https://www.trmlabs.com/resources/blog/k2-integrity-partners-with-trm-labs-to-launch-digital-asset-compliance-risk-management-services

Under New Partnership, TRM Labs to Provide Access to Enriched Blockchain Data and Forensics Tool to Support K2 Integrity's Advisory and Investigative Services

https://www.trmlabs.com/resources/blog/series-b-expansion-led-by-thoma-bravo

https://www.trmlabs.com/resources/blog/trm-talks-implementing-a-sanctions-compliance-program-for-digital-assets

Learn from sanctions compliance experts as they discuss best practices for cryptocurrency businesses navigating sanctions compliance in the crypto space.

https://www.trmlabs.com/resources/blog/ensuring-responsible-development-of-digital-assets-request-for-comment

https://www.trmlabs.com/resources/blog/matt-humphries-joins-trm-as-apac-director-of-law-enforcement-relations

Last month, former Australian Federal Police (AFP) senior digital forensics specialist Matt (Billy) Humphries joined TRM Labs as APAC Director of Law Enforcement Relations, bringing over 30 years of law enforcement experience in investigations, surveillance, cybercrime and digital forensics to TRM’s Australia team.

https://www.trmlabs.com/resources/blog/trm-talks-incident-response-following-crypto-hacks

https://www.trmlabs.com/resources/blog/trm-talks-crypto-regulation-and-enforcement-in-latin-america

Learn more about cryptocurrency regulation and enforcement in Latin America, a region that's seen an explosion of digital assets within just the last two years.

https://www.trmlabs.com/resources/blog/bounties-playing-prominent-role-in-stolen-cryptocurrency-recovery-efforts

https://www.trmlabs.com/resources/blog/binance-custody-ensures-institutional-compliance-with-trm-labs-integration

Binance Custody, an institutional-grade digital asset custody solution, has onboarded risk management tools from TRM Labs, the industry leader in blockchain analytics and intelligence technology. The integration enables Binance Custody to ensure its regulatory compliance and risk management program for client holdings through TRM’s full-service platform.

https://www.trmlabs.com/resources/blog/u-s-dojs-national-cryptocurrency-enforcement-team-one-year-in

Join TRM Talks for a discussion with U.S. DOJ’s National Cryptocurrency Enforcement Team to learn about the DOJ's focus on crypto since the establishment of the team and what comes next.

https://www.trmlabs.com/resources/blog/crypto-fundraising-groups-supporting-russian-battlefield-efforts

TRM Labs has identified pro-Russian groups, including a paramilitary group sanctioned by OFAC in September – Task Force Rusich, collecting cryptocurrency donations to support Russian military operations. As of September 22, 2022, these groups have collectively raised almost $400,000 since the start of the invasion on February 24, 2022.

https://www.trmlabs.com/resources/blog/a-deep-dive-into-the-uks-work-in-the-crypto-asset-space

Last week, the UK introduced its latest Economic Crime and Corporate Transparency Bill, expanding the powers of law enforcement to seize crypto assets linked to criminal activity. But this isn’t the UK’s only ongoing work in the digital asset space– we took a look at all of the crypto-asset and financial crime-related legislative and regulatory activity in the UK right now. 

https://www.trmlabs.com/resources/blog/everything-you-need-to-know-about-the-white-houses-framework-on-digital-assets

Last week, the White House released its first ever Framework for the Responsible Development of Digital Assets. The Framework is the response to President Biden’s March Executive Order, which required government agencies to delve into the opportunities and challenges posed by digital assets for the US economy and its consumers, as well as the impacts on national security. TRM summarized these reports and their recommendations.

https://www.trmlabs.com/resources/blog/trms-ari-redbord-testifies-before-the-u-s-house-committee-on-financial-services-subcommittee-on-national-security-international-development-and-monetary-policy

https://www.trmlabs.com/resources/blog/who-is-task-force-rusich-the-neo-nazi-paramilitary-group-sanctioned-by-ofac-yesterday

https://www.trmlabs.com/resources/blog/meet-isabella-chase-senior-policy-advisor-at-trm

https://www.trmlabs.com/resources/blog/trm-phoenix-solves-crypto-investigators-chain-hopping-problem

TRM Phoenix enables automated tracing through more than a dozen of the most popular bridges and cross-chain services

https://www.trmlabs.com/resources/blog/meet-lauren-day-deployment-strategist-and-former-compliance-risk-manager-at-binance

With a wealth of experience in AML compliance, implementing transaction monitoring systems and conducting investigations, Lauren focuses on customer success at TRM, working to ensure TRM’s clients have ample access to product training and providing dedicated compliance advisory services.

https://www.trmlabs.com/resources/blog/how-defi-platforms-are-using-data-from-trm-labs-to-respond-to-tornado-cash-sanctions

DeFi entities have been working to understand how best to mitigate sanctions risk, here are some important details on how this process works.

https://www.trmlabs.com/resources/blog/the-significance-of-tornado-cash-as-a-target-of-sanctions

Find out the significance of Tornado Cash as a target of sanctions, how these events fit into wider efforts to combat the use of crypto for money laundering and illicit activity, and what these sanctions mean for crypto businesses and other regulated institutions on-the-ground who need to respond to incorporate these updates into their operations in real-time.

https://www.trmlabs.com/resources/blog/trm-talks-investigations-latest-trends-typologies-and-cases-in-crypto

In a recap of the inaugural episode of TRM Talks investigations, we recap the discussion on bridges, pig butchering scams and their investigations, NFT Discord hacks and subsequent investigations, and wash trading.

https://www.trmlabs.com/resources/blog/u-s-treasury-sanctions-widely-used-crypto-mixer-tornado-cash

Key takeaways from U.S. Treasury’s sanctions against crypto mixer Tornado Cash

https://www.trmlabs.com/resources/blog/crypto-and-campaign-finance

What is the current situation regarding crypto at the ballot box and campaign finance laws?

https://www.trmlabs.com/resources/blog/doj-and-sec-regulatory-action-from-coinbase-insider-trading-to-ico-scams

Read our wrap-up of DOJ and SEC actions related to insider trading at Coinbase, ICO scams and other crypto-related fraud, as law enforcement and regulatory action heats up.

https://www.trmlabs.com/resources/blog/trms-analysis-of-recent-surge-in-discord-hacks-shows-some-attacks-are-connected

Analysis of Recent NFT Discord Hacks Shows Some Attacks Are Connected 

https://www.trmlabs.com/resources/blog/understanding-crypto-regulation-in-singapore

Learn what crypto businesses and financial institutions need to know when looking to engage with crypto offerings in jurisdictions like Singapore, where they've already implemented leading regulatory frameworks for crypto.

https://www.trmlabs.com/resources/blog/meet-tom-armstrong-compliance-advisor-at-trm

Prior to joining TRM in May, Mr. Armstrong led the strategic efforts to build Goldman Sachs’ first dedicated financial crime compliance team covering blockchain-based assets, and served in an advisory capacity across a number of business verticals including investment banking, private wealth, asset management, and global markets.

https://www.trmlabs.com/resources/blog/homeland-security-investigations-makes-arrests-in-crypto-related-fraud-cases

On June 30, 2022, the United State Department of Justice, together with the FBI and Homeland Security Investigations (HSI), announced criminal charges against six defendants in four separate cases involving crypto-related fraud, including the Baller Ape case.

https://www.trmlabs.com/resources/blog/uk-crypto-policy-developments

While the headlines coming out of London this week may have been related to politics, scandal, and upheaval at 10 Downing Street, financial regulators have been hard at work the last few months providing consultations, reports, responses, and guidance or issues related to cryptocurrency

https://www.trmlabs.com/resources/blog/eu-reaches-agreement-on-markets-in-crypto-assets-regulation

European lawmakers reach an agreement on comprehensive crypto legislation. What’s in there and what’s next?

https://www.trmlabs.com/resources/blog/trm-talks-hot-topics-in-crypto-compliance-recap

TRM’s Ari Redbord spoke to an all-star crypto compliance panel to discuss today's key issues and challenges for compliance teams in the digital asset space, here are the key takeaways from their discussion

https://www.trmlabs.com/resources/blog/the-united-states-and-the-united-kingdom-on-unhosted-wallets-an-ocean-apart

Following HM Treasury's final response to consultation related to AML/CFT in the UK, we look at how will the financial regulator has decided to approach the cryptocurrency travel rule and how it compares to the perspective of the US Treasury Department shared at the end of 2020

https://www.trmlabs.com/resources/blog/trm-labs-expands-crypto-incident-response-services-to-uk-and-europe-with-acquisition-of-investigations-and-training-firm-csitech

TRM Labs recent acquisition of investigations and training firm CSITech broadens TRM capacity to support organizations responding to breaches or attacks involving cryptocurrency

https://www.trmlabs.com/resources/blog/trm-labs-acquires-uk-crypto-investigations-training-company-csitech

Acquisition broadens TRM's capacity to deliver advanced crypto and blockchain investigative training for the industry's foremost investigators

https://www.trmlabs.com/resources/blog/crypto-regulation-in-the-lion-city

Here is everything you need to know about crypto regulation in Singapore before tuning into TRM Talks Crypto Regulation in Singapore.

https://www.trmlabs.com/resources/blog/bayc-instagram-hack-possible-nft-scam-as-a-service-operation

Find out what TRM Investigators have uncovered after analyzing on-chain transactions associated with the Bored Ape Yacht Club's instagram hack.

https://www.trmlabs.com/resources/blog/announcing-the-launch-of-chainabuse-the-multi-chain-scam-reporting-tool-that-empowers-crypto-users-against-fraud

Learn about a new reporting tool that enables crypto users, victims of financial crimes, and crypto businesses to take an active role in making the crypto ecosystem a safer place to operate.

https://www.trmlabs.com/resources/blog/former-doj-cyber-digital-task-force-chair-sujit-raman-joins-trm-as-general-counsel

Former DOJ Cyber-Digital Task Force Chair Sujit Raman Joins TRM as General Counsel

https://www.trmlabs.com/resources/blog/trm-integrates-with-ethereum-scaling-platform-polygon

Integration with Polygon expands TRM's industry-leading blockchain coverage

https://www.trmlabs.com/resources/blog/the-eus-mica-races-to-create-a-regulatory-superhighway

The European Union (EU) is racing toward a regulatory Autobahn for crypto, where businesses can transact across EU borders at F1 speeds without having to obtain a license in each member state. Think of a 27-member country regulatory fast pass for digital assets.

https://www.trmlabs.com/resources/blog/cryptos-institutional-moment

On April 30, TRM’s Ari Redbord moderated a discussion at London’s Guildhall on institutional adoption of digital assets and the intersection between TradFi and crypto. It was a wide ranging discussion on how traditional financial institutions are engaging with the digital asset space, the forces driving institutional adoption, and the need for clear, global, regulatory frameworks. Here are a few key takeaways.

https://www.trmlabs.com/resources/blog/ryan-landers-kyle-armstrong-and-chris-janczewski-named-finalists-for-government-service-award-for-terror-fundraising-takedown

https://www.trmlabs.com/resources/blog/north-koreas-lazarus-group-moves-funds-through-tornado-cash

Through a low-key sanctions designation on April 14, the U.S. Treasury department announced that North Korea was behind last month's Ronin bridge hack - crypto's largest to date. Specifically, the Office of Foreign Assets Control (OFAC) released a list of entities associated with North Korean state-sponsored hacking group Lazarus, including crypto Ethereum address 0x098B716B8Aaf21512996dC57EB0615e2383E2f96.

https://www.trmlabs.com/resources/blog/darknet-markets-explained

In the wake of recent headlines announcing actions against Hydra Marketplace by the U.S. and German governments, darknet markets have made an ironic entrance into the spotlight.

https://www.trmlabs.com/resources/blog/trm-talks-abu-dhabi-global-markets-discussion-paper-on-defi

In this TRM Talk, we spoke to one of the paper’s authors, Brian Yeoh, Head of Data Governance and Strategy for ADGM, to discuss the new DeFi paper and how a leading regulator is thinking about the DeFi space.

https://www.trmlabs.com/resources/blog/a-crypto-spring-awakening

Over the last few weeks with have seen extraordinary movement in the discussion of digital assets by senior level government officials. Read this post to find out what we've been hearing and the implications for crypto regulatory thinking this spring.

https://www.trmlabs.com/resources/blog/us-authorities-tie-north-koreas-lazarus-group-to-ronin-bridge-hack-through-ofac-sanctions

North Korea’s state sponsored hacking group Lazarus has engaged sophisticated targeted attacks on cryptocurrency businesses. On April 14, 2022, the F.B.I. and the U.S. Treasury department - through the sanctions designation of an Ethereum address associated with Lazarus - tied North Korea to the March 2022 $600 million hack of the Ronin bridge associated with the popular play-to-earn game Axie Infinity. TRM Talks to North Korea experts about the February CNAS report on using blockchain analysis to assess the strengths and vulnerabilities of North Korean hackers.

https://www.trmlabs.com/resources/blog/fundraising-campaigns-for-isis-families-analyzing-the-use-of-cryptocurrency

Three years after the fall of ISIS’s physical caliphate, fundraising campaigns for ISIS families detained and held in internment camps remain a significant driver of crypto use and innovation among ISIS supporters. To better understand how these fundraising campaigns raise and move funds, TRM conducted an analysis of content published by about a dozen fundraising campaigns over the last month and on-chain crypto movements.

https://www.trmlabs.com/resources/blog/kyle-armstrong-former-fbi-supervisory-special-agent-joins-trm-as-director-of-law-enforcement-affairs

TRM announced today that former FBI supervisory special agent Kyle Armstrong has joined TRM as Director of Law Enforcement Relations, bringing his 14-years of investigative expertise and extraordinary leadership acumen to the next generation blockchain intelligence company.

https://www.trmlabs.com/resources/blog/analysis-corroborates-suspected-ties-between-conti-and-ryuk-ransomware-groups-and-wizard-spider

https://www.trmlabs.com/resources/blog/trm-talks-hydra-takedown-a-discussion-with-experts-from-u-s-treasury-flashpoint-and-trm-labs

https://www.trmlabs.com/resources/blog/hydra-market-takedown

https://www.trmlabs.com/resources/blog/chris-janczewski-former-irs-ci-special-agent-joins-trm-to-lead-global-investigations-team

https://www.trmlabs.com/resources/blog/update-on-ukrainian-crypto-donations

More than $135.7 million dollars in cryptocurrency donation campaigns for Ukraine between February 22 and March 28 alone

https://www.trmlabs.com/resources/blog/anatomy-of-an-nft-phishing-scam

This post details a particularly insidious type of scam on the rise — the bait-and-switch contract. This form of phishing prompts users to sign a contract, usually under the pretense of a legitimate transfer of ownership, which then grants control of the user’s entire wallet to the attacker.

https://www.trmlabs.com/resources/blog/trms-free-sanctions-screening-tool-goes-live

https://www.trmlabs.com/resources/blog/trm-talks-biden-executive-order-on-crypto

https://www.trmlabs.com/resources/blog/bidens-executive-order-on-crypto-is-out-read-trms-quick-take

https://www.trmlabs.com/resources/blog/trm-talks-russia-sanctions-what-did-they-say

Hear insights from Friday's TRM Talk when we asked senior U.S. government officials Carole House and Todd Conklin about the escalating and unprecedented economic measures taken against Russia, including sanctions and the role, if any, of cryptocurrency.

https://www.trmlabs.com/resources/blog/trm-talks-russia-sanctions-with-u-s-government-officials

Listen in as US officials discuss the possibility of sanctioned Russian actors using crypto to evade sanctions, and how Treasury, the White House, and the U.S. government intend to enforce escalating sanctions on Russia.

https://www.trmlabs.com/resources/blog/about-smart-contract-based-investment-schemes-tracking-a-new-iteration-in-crypto-investment-schemes

https://www.trmlabs.com/resources/blog/notes-from-the-dark-web-analyzing-chatter-related-to-the-conflict-in-ukraine

https://www.trmlabs.com/resources/blog/trm-talks-daos-a-discussion-on-decentralized-autonomous-organizations

https://www.trmlabs.com/resources/blog/announcing-jpmorgan-chase-co-s-strategic-investment-in-trm-labs