Unpacking the Mysteries of Cryptocurrency

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Unpacking the Mysteries of Cryptocurrency

With more and more fraudsters working in the shadows of the crypto world, investigators of all kinds must become familiar with these new and evolving technologies. A panel of four experts helped unpack these mysteries at the 34th Annual ACFE Global Fraud Conference in a session entitled “Cryptocurrency Tracing and Investigations: Real-World Successes and Challenges.”

Indeed, chasing scammers in the borderless world of cyberspace presents its own unique challenges. Not only are the legal parameters of this ever-changing technology still fuzzy and global in nature, but simply gathering the necessary evidence can prove tricky.

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Panelists Call for Regulatory Reform to Prevent Crypto Fraud  

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Panelists Call for Regulatory Reform to Prevent Crypto Fraud  

The United States lacks a comprehensive regulatory framework to tackle rampant fraud in the crypto world and is fast falling behind other countries that are setting clear rules to stop criminals from exploiting the new technology. That at least was the opinion of several panelists discussing crypto assets at the opening session of the 34th Annual ACFE Global Fraud Conference in Seattle on Monday.  

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Tom Hardin: Confessions of an Insider Trader

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Tom Hardin: Confessions of an Insider Trader

When then-financial analyst Tom Hardin left his Manhattan apartment building one summer’s morning in July 2008, he knew the game was up.

“I stepped onto the sidewalk and this guy behind me says, ‘Are you Thomas Cody Hardin?’ Anytime someone calls you by your full name, you are probably in trouble,” he laughs. “I knew I was trouble as a child when my mother did it.”

The voice came from one of two FBI agents who quickly informed him that they knew that he had made four trades on the stock market using insider information.

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Gurbir Grewal: Keeping Corporations on the Straight and Narrow

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Gurbir Grewal: Keeping Corporations on the Straight and Narrow

Gurbir Grewal jokes that he has never been in the public eye as much as he has since he started as the Securities and Exchange Commission’s director of the division of enforcement in July last year. “Now when I go to speak as SEC enforcement director, it is almost a cottage industry, whether it is accounting firms or law firms, it generates all sorts of press and media coverage,” said Grewal, noting his comments are his own.

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Rachel Wilson: Sleepless Nights and Cyber Threats

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Rachel Wilson: Sleepless Nights and Cyber Threats

If you are someone who tends to shrug off cyber threats, just listen to Rachel Wilson. Your nights may be less restful. Wilson should know about the dangers lurking behind your computer screens. She is the first-ever head of cyber security for Morgan Stanley Wealth Management and she spent years at the National Security Agency (NSA), where she spied on and hacked the computer systems of terrorists and other enemies of the United States.

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The Power of the Small: A Conversation with Wirecard Whistleblower Pav Gill

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The Power of the Small: A Conversation with Wirecard Whistleblower Pav Gill

Taking the first step to becoming a whistleblower is a daunting task, and Pav Gill did so reluctantly. But the soft-spoken lawyer who famously brought down the once-revered German payments firm Wirecard has some inspirational words for those individuals who feel helpless in the face of enormous frauds and the powerful players who perpetrate them.

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