Michael Pearl speaks with Ari Redbord, Global Head of Policy at TRM Labs, to discuss the complexities of security, fraud, and compliance in the Web3 space.
They explore the challenges faced by law enforcement in tracking illicit activities in cryptocurrency, the evolving regulatory landscape, and the significant issue of pig butchering scams.
The conversation highlights the need for better tools and training for investigators, the role of exchanges in preventing fraud, and the implications of recent shifts in enforcement focus.
(03:05) The Challenges of Investigating Crypto Crimes
(06:13) Understanding Regulatory Expertise in Crypto
(09:24) The Balance of Regulation and Industry Growth
(13:13) Shifting Focus: From Regulation to Targeting Bad Actors
(16:37) The National Security Implications of Pig Butchering Scams
(22:00) The Role of Exchanges in Preventing Fraud
(24:11) Regulatory Responsibilities and Consumer Protection
(27:42) Investigating Crypto Crimes: The Bitfinex Case
(34:24) Terror Financing and Cryptocurrency
(40:23) Challenges of Off-Ramping Crypto Funds
(44:05) Conclusion and Future InsightsThe Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like Ledger, BitGo, 21Shares, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges.
Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space.
Learn more at: Cyvers.ai