Skip links

A&D Forensics Blog

Data-driven content on economies, policy, and innovations in cryptocurrencies.

Subscribe to get the latest crypto news and opportunities.

Nigeria has been added to the FATF Grey-List

Nigeria and Potential Reaction to FATF Grey-List Designation

According to FATF, in February 2023, Nigeria made progress in improving its AML/CFT regime, including improving its legislative framework, assessing ML/TF/PF risks, and implementing targeted financial sanctions.

However, The FATF and FATF-style regional bodies (FSRBs) will continue to work with Nigeria and other countries in the FATF Grey-List  as they report on the progress achieved in addressing their strategic deficiencies.

5 Benefits of Pentesting in Relation To Compliance

5 Benefits Of Pentesting In Relation To Compliance

Pentesting in relation to compliance is in different aspects. It depends on your company’s profile and regulatory requirements. To enhance your company’s security, it’s not only important to identify the vulnerabilities but you need to take quick action to address them

Money Muling: 4 Consequences of Being a Money Mule by A&D Forensics

Money Muling: 4 Consequences of Being a Money Mule

Money muling is a menace in any given society and you can face various consequences if you become a Money Mule . Money mules, unknowingly or knowingly, have been recruited as money laundering intermediaries for criminals and criminal organisations.There are severe consequences for being a money mule. Do Not Be a Mule!

Zero Transfer Scam is the New Scam

Zero Transfer: The New Scam

Zero transfer scam is the new tactics bad actors are using to compromise wallets and swindle users. The scammers use the “Transfer From” function to make a transfer of 0 tokens from any user’s  wallet. This creates a fake wallet history with 0 transfers. To maintain safety, users should apply caution and confirm addresses before initiating a transaction.



Kraken’s  settlement agreement with OFAC emphasizes how crucial it is for crypto compliance teams at crypto businesses including Virtual Asset Service Providers (VASPS), to take initiative in addressing sanctions concerns by using a thorough risk management strategy. From Kraken’s case, we observed that while determining the penalty, OFAC also considered Kraken’s proactive and voluntary implementation of compliance controls to close identified holes as a mitigating factor.

White House Framework On Crypto: An Overview

As the cryptocurrency space continues to capture the attention of countries all over the world, the United States is obviously not shying away from this momentum. One can ascertain this from the release of executive order on the responsible development of digital assets by President Biden

5 Ways to Spot a Ponzi Scheme

5 Ways To Spot A Ponzi Scheme

Ponzi schemes are adopting new ways of enticing their intended victims with captivating and acclaimed profitable investments. As an investor, whether cryptocurrencies or fiat currencies,  ensure you  carry out Due Diligence before investing your money on any platform or asset.  

The Need For KYC and Identity Verification For Start-ups- A&D Forensics

The Need For KYC and Identity Verification For Start-ups

As start-ups penetrate the African market at large, the need to perform KYC and verify customers identity becomes crucial. Therefore, no matter what the business domain is, every virtual enterprise needs to maintain an effective compliance KYC (Know Your Customer) onboarding process to prevent illicit activity.

Tornado Cash Mixer Sanctioned By OFAC

Tornado Cash Mixer Sanctioned By OFAC

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.

9 characteristics of high-risk cryptocurrency exchanges

High-Risk Cryptocurrency Exchanges.

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.

Hydra Darknet Market Shutdown- A&D Forensics

Hydra Darknet Market Shut Down!

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.

Ronin Crypto Heist


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.

UAE-VARA-A&D Forensics

UAE Implements New Virtual Asset Regulatory Law, VARA

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.


FATF Travel Rule and ‘DeFi’ Platforms

According to FATF, many platforms claim to be decentralized, but their daily operations are managed by a person or organization. Hence, regulators are advised not to depend on a platform’s own attestations while interpreting and implementing the FATF Travel Rule widely.

This website uses cookies to improve your web experience.
Certified Cryptocurrency Investigation(CCI) Training

Learn how cryptocurrency related transactions, crimes are tracked, traced and prosecuted.

Step 1 of 2
Certified Cryptocurrency Investigation Training

Learn how cryptocurrency related transactions, crimes are tracked, traced and prosecuted.

Step 1 of 2

Learn how compliance could be a competitive advantage to your exchanges with all your AML, CTF, KYC and OFAC requirements.

Step 1 of 2
Smart Contract Audit

To speak to us regarding Smart Contract Audit, please fill the form below. We will make every attempt to respond to you as soon as possible

Call Direct: +2348036180089 | +2349095503040

Get in touch

To speak with us as regards our services, to make comments and ask questions, please fill the form below. We will reply as soon as possible.

Call Direct: +2348036180089 | +2349095503040


Onyekelu Chioma is a passionate and professional teacher with expertise on blockchain and cryptocurrency education. She is a renowned blockchain advocate in Africa with the belief that there are so many career opportunities to be leveraged on in the Blockchain Industry.

Chioma is the Head of Academic and Training, the Crypto Bootcamp Community, and a member of Stake holders in blockchain technology association of Nigeria (SiBAN).

Chioma’s passion for fourth industrial revolution technology has helped her hold key strategic positions in various private sectors, regulating the way for blockchain adoption in the continent of Africa.

As an experienced teacher, blockchain educator, and a cryptocurrency trading coach, she has trained a lot of students and assisted them in identifying their innate skills which enabled them to carve a niche so as to become experts in their chosen blockchain career.

She’s currently a Crypto Forensic Intern at A&D Forensics and undergoing her Masters studies in Blockchain and Cryptocurrency at University of Nicosia


Adedeji is a Forensic Investigation Practitioner and CertifiedBlockchain/Cryptocurrency Forensic
Investigator (CFE, CCI, CCFI & Reactor Certified) with more than Fifteen years of experience across few banks within the Nigeria Financial Sector and educator in Corporate workplace settings, Deji is uniquely qualified and involved in forensics analysis of Financial Infractions, Cryptocurrency crimes and designing plans that works for Government, Regulators, Law enforcement. He was appointed by SEC Nigeria as Member Virtual Asset and Fintech Regulatory framework drafting Committee, He is a member of Global Digital Finance’s KYC/AML working group in France and a member of the Industry led Thinktank that worked on and came out with FATF cryptocurrency Travel rule InterMessaging Standard for Virtual Assets (IVMS101) to help combat money laundering and terrorism financing using cryptocurrencies around the globe.
His law enforcement training efforts on new money and cybercrime have seen him train many law enforcement agents in various countriesn i.e Nigeria Police, Nigeria Army CyberWarfare command, Zambia Financial Intelligence Unit, Zambia Central Bank and more.
He is Chainalysis Sole Africa Investigative Partner helping law enforcement investigate criminal organizations using cryptocurrency to conceal illiccit activities across Africa, he is also a training Partner for Blockchain Intelligence Group based out of Canada.

Cryptocurrency Investigation Training

Learn how cryptocurrency related transactions, crimes are tracked,
traced and prosecuted.