Menu Home

From the recent FinCEN Alert: ransomware and cybercrime red flags

Select Red Flag Indicators

  • A customer receives CVC from an external wallet, and immediately initiates multiple, rapid trades among multiple CVCs with no apparent related purpose, followed by a transaction off the platform. This may be indicative of attempts to break the chain of custody on the respective blockchains or further obfuscate the transaction.
  • A customer initiates a transfer of funds involving a CVC mixing service.
  • A customer has either direct or indirect receiving transaction exposure identified by blockchain tracing software as related to ransomware.

Link:

FinCEN Alert

Categories: Cybersecurity FinCEN Updates Ransomware Red Flags/Indicators Russia sanctions Ukraine sanctions

eric9to5

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: