How Widespread Is Money Laundering in Crypto? - Ep.72
Yaya Fanusie, director of analysis at the Center on Sanctions and Illicit Finance at the Foundation for Defense of Democracies, and Tom Robinson, chief data officer and cofounder of blockchain analytics firm Elliptic, discuss how common money...
July 17, 2018
1 hr 2 min
72
Full
81 of 1,186
Episode 72 · July 17, 2018
How Widespread Is Money Laundering in Crypto? - Ep.72
0:00 / 1:02:07
Excerpt playback isn’t available for this episode — use the full-episode link.
Search the Record
Moment search isn’t open for this episode yet
When it opens, you’ll be able to type any phrase and jump straight to the second it was said.
Tom Emmer Episodes Around July 17, 2018
Episode 81 of 1,186 — walk the feed in the order it was published.
1:02:07This episodeHow Widespread Is Money Laundering in Crypto? - Ep.72
Summary
Yaya Fanusie, director of analysis at the Center on Sanctions and Illicit Finance at the Foundation for Defense of Democracies, and Tom Robinson, chief data officer and cofounder of blockchain analytics firm Elliptic, discuss how common money laundering is in crypto, how jihadist groups are using it, and how privacy coins (really Monero) affect their work. (The reason why the dark markets haven't much used Zcash surprised me.) We also discuss bad state actors using cryptocurrency, such as Venezuela's efforts with the metro and North Korea's alleged Bitcoin ransomware attacks, and how, leaving aside bad state actors, central bank cryptocurrencies would compete with decentralized ones. Plus, we discuss what impact OFAC blocked addresses list will have.
Thank you to our sponsors!
Preciate: https://preciate.org
Quantstamp: https://quantstamp.com
Yaya Fanusie: https://twitter.com/SignCurve
Center on Sanctions and Illicit Finance at the Foundation for Defense of Democracies: http://www.defenddemocracy.org/csif
Tom Robinson: https://twitter.com/tomrobin
Elliptic: http://www.elliptic.co
Yaya and Tom's report on Bitcoin laundering: http://www.defenddemocracy.org/content/uploads/documents/MEMO_Bitcoin_Laundering.pdf
New AML regulations on cryptocurrencies in Europe: https://www.elliptic.co/our-thinking/5th-aml-directive-eu-regulation-cryptocurrency
Money laundering in ICOs: https://www.elliptic.co/our-thinking/ico-risk-why-aml-compliance-matters
Yaya's op-ed on the Venezuelan metro in CoinDesk: https://www.coindesk.com/crypto-investors-stay-away-venezuelas-petro/
Russia's blockchain plans: http://thehill.com/blogs/pundits-blog/technology/346476-blockchain-technology-may-give-russia-its-next-sputnik-moment
What jihadists are doing with crypto assets: https://www.thecipherbrief.com/article/exclusive/international/terrorist-networks-eye-bitcoin-cryptocurrencys-price-rises
https://www.thecipherbrief.com/column/private-sector/the-new-frontier-in-terror-fundraising-bitcoin
Yaya's essay on self-policing in CoinDesk: https://www.coindesk.com/crypto-community-must-use-blockchain-self-police/
Learn more about your ad choices. Visit megaphone.fm/adchoices
Episode details and artwork are published by the show’s own feed. Sentinel plays short cited excerpts and links every episode back to its publisher.