Cryptocurrency is becoming commonplace in the financial industry as a payments channel, and increasingly, as a vector for financial crimes such as fraud, money laundering and sanctions evasion. As criminals continue to exploit irreversible and pseudo-anonymous crypto transactions, staying informed of emerging and related financial crime trends is more important than ever.
This concise infographic provides an insightful overview of industry and financial crime developments surrounding cryptocurrency, including:
- The rise of crypto-related scams
- Trends in scams targeting crypto investors
- Cryptocurrency as a vector for traditional fraud scams
- The importance of a holistic approach to crypto-related fraud detection and management