We trace, investigate blockchain and cryptocurrency related frauds, scams, ICO frauds and exit scams. We help our customers stay compliant by avoiding the murky waters of blockchain and cryptocurrency.
We monitor solutions that help
banks spot their crypto exposure.
We improve your security, know your
users in depth, track funds flow.
We spot trends and regulate the virtual asset service providers in your jurisdiction.
As a Crypto asset user, Virtual Asset Service Provider or a Money Service Business, you are encouraged to have a Compliance and control set up in your financial institution to avoid transacting with the sanctioned addresses.
The SEC has been extremely clear on digital assets qualifying as securities if they pass the Howey test. Hence, Forsage Founders were charged by SEC for issuing securities and not registering with the commission.
As a Virtual Asset Service Provider, Vasp, you are expected to comply with FATF Regulations. This simply keeps you safe and enables you to identify and avoid High-Risk Cryptocurrency Exchanges. The simplest way you can minimise your risk exposure is to have a robust compliance unit with efficient compliance specialists.
This week’s brief covers news on the 3CS Training, IMF Research on Crypto Usage, ETH dev. sentenced to 63 months in jail and lots more…
This week’s brief covers news on the hydra darknet market shutdown, Bet9ja website hack, NBA embracing Blockchain / Cryptocurrency and lots more…
Always confirm the currency you transact with before concluding NFT transactions. This prevents you from being a victim of NFT bidding scams.
As a project builder, audit your smart contracts to avoid giving opportunities for scammers to exploit your project.
Hydra darknet market was shut down by Germany’s Federal Police on Tuesday, April 5, 2022. Shortly after, a Russian resident was indicted by the Department of Justice on conspiracy charges related to the Hydra market.
The Ronin Network Crypto Heist which happens to be the largest crypto heist in history is a wake-up call for Cryptocurrency Exchanges. This implies that with the increase in cybercrimes, cryptocurrency exchange hacks, wallet hacks etc, cryptocurrency businesses firms and exchanges must be more aware of cyber security practices and implement compliance policies to protect its users.
The Dubai World Trade Centre’s board of directors will establish an Act against offenders.The Act will include possible fines to be imposed on offenders. Meanwhile, VARA is permitted to take actions against individuals who do not comply with the UAE Regulatory Law by VARA. The offenders could be fined or have their permit suspended for not more than six months.
Enhanced Due Diligence, or ‘EDD, is necessary to protect Money Service Businesses (MSBs), Virtual Assets Service Providers (VASPs), and Cryptocurrency Exchanges from financial crimes such as money laundering, terrorist financing, and proliferation financing using cryptocurrencies.
Call Direct: +2348036180089 | +2349095503040
Call Direct: +2348036180089 | +2349095503040
