FBI Holds Symposium on Combating Crypto Crime for Ninth Straight Year
Summary
- The Federal Bureau of Investigation has held a symposium on combating virtual-asset (cryptocurrency) crime for the past nine years.
- Officials involved in blockchain forensics and financial crime enforcement, including Chainalysis, TRM Labs and FinCEN, took part in the event and shared information on related crimes.
- The meeting discussed illegal uses tied to cartel and terrorism financing, cyber fraud and North Korea’s crypto-related activities, as well as ways to share information.
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The Federal Bureau of Investigation has held a symposium focused on combating virtual-asset, or cryptocurrency, crime for the past nine years.
CoinDesk reported on September 23 that the FBI’s virtual-asset symposium brings together law enforcement officials, overseas investigators and crypto security specialists to share information on related crimes. This year’s event was held in Texas this month.
Attendees included blockchain forensics firms Chainalysis and TRM Labs, as well as officials from the US Treasury Department’s Financial Crimes Enforcement Network, or FinCEN. Discussions covered cases involving the illicit use of crypto linked to cartels and terrorism financing, cyber fraud, child sexual abuse material, human trafficking and wrench attacks.
Participants also reviewed new hacking methods and North Korea’s crypto-related activities, along with ways for the industry and law enforcement agencies to share crime-related information.
JH Kim
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