NO ONE IS WALKING THE #AML BEAT IN VIDEO GAMES, and the bad guys know it. Elsewhere...in cryptocurrencyland, the media, law enforcement, Capitol HIll, OK...everyone is talking about the newest, shiny ball. Regulation and enforcement will soon kick into overdrive as mainstream market adoption of crypto assets explodes. Just check out the Twitter feeds of Michael Saylor (MicroStrategy) and Gary Gensler (U.S. Securities and Exchange Commission Chair). Don’t even get us started about Bloomberg LP (news not the man). 

Not so in Decentraland, Fortnite, or Counter Strike: Global Offensive, or on Twitch or Steam where millions are being laundered and an untold number, defrauded. Welcome to the #TradeableEconomy, and be they skins, emotions (emotes), virtual weapons, in-game currencies or keys, this lesser known, secondary market has been running unchecked for more than a decade. These digital assets are flying under the radar, and we better wake up.    

In this episode, "Ready Player NONE: This is Not a Game", Jean-Loup Richet, Associate Professor, IAE Paris - Sorbonne Business School and Advisory Member to the European Cybercrime Centre (EC3) at Europol and Benjamin (Benji) Preminger, cyber threat intelligence special and product manager at Cybersixgill discuss the money laundering techniques and recent crimes that should make law enforcement and Capitol Hill sit up, pay attention and devote more of their energy to this active and effective crime channel.

Thanks for listening. 

Zila Acosta-Grimes & Paul Caulfield

Time: 
46 minutes