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Cryptocurrency Intelligence Solutions for
More than 87% of Global Virtual Assets

Trace Transactions, Comply with AML Regulations, and Monitor Risk

See how CipherTrace—with unparalleled support for more than 800 tokens—detects money laundering,
powers law enforcement investigations, and enables regulatory supervision.

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Anti-Money Laundering (AML)

For Exchanges, Funds and MSBs

Automates CryptoCurrency AML compliance with APIs to minimize legal and financial exposure. Risk-scores transactions and informs enhanced due diligence.

Financial Investigations

For Researchers and Law Enforcement

Powerful blockchain forensic tools enable investigations of criminal activity, fraud, and sanctions evasion. Visually trace the movement of money through dark markets of the crypto economy.

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Crypto Threat-Intel

For Banks and Financial Institutions

Actionable intelligence and monitoring reveals crypto asset risk hidden in bank payments. Understand new threats, block bad actors, and avoid potential liability.

Compliance Monitoring

For Government and Auditors

Monitor risky activity, audit trends and regulate digital asset businesses. Leading regulatory technology helps ensure compliance, assess past performance, and spot suspicious trends.

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Maltego Transform

For Researchers and Investigators

Cryptocurrency Transforms allow researchers to follow the crypto, trace transactions and tie blockchain evidence to other digital forensic sources.

Make Cryptocurrency Safe and Trusted

Cryptocurrency intelligence enables the blockchain economy to thrive, mature and avoid pitfalls by differentiating legitimate participants from bad actors.

CipherTrace in the News

Cryptocurrency crime surges, losses hit $4.4 billion by end-September: CipherTrace report

NEW YORK (Reuters) - Cryptocurrency theft has surged in 2019 compared with last year, with more money flowing through digital exchanges and criminals looking to carry out bigger heists, according to a report from blockchain forensics company CipherTrace obtained by Reuters.

A Third of Crypto Exchanges Have Little or No KYC, Says CipherTrace

Blockchain compliance solutions provider CipherTrace says in its Q3 Cryptocurrency Anti-Money Laundering (AML) Report, published Wednesday, that around one third of the top 120 exchanges are "weak" when it comes to know-your-customer (KYC) verification, while fully two-thirds "lack strong KYC policies."

Crypto Intelligence Firm Ciphertrace Says Privacy Coin Delisting Concerns Are Likely Exaggerated

In its Q3 Cryptocurrency Anti-Money Laundering Report, cryptocurrency intelligence firm Ciphertrace says that speculation surrounding the travel rule’s impact on privacy coins, which include cryptocurrencies like Monero, Dash and Zcash, has likely been exaggerated. While the report concedes that the most popular privacy coins have performed poorly against Bitcoin since the release of the FATF guidance in June, the analysts points out that neither FATF or FinCEN have called for a ban on privacy coins.
crypto briefing

Cryptocurrency Exchanges Pressured to Collect More Private User Information by FATF

The FATF’s recent guidelines have widespread implications on what private information exchanges need to track and collect from customers. Here are some insights on the recent regulation from CipherTrace’s Nov. 5 Cryptocurrency Travel Rule Compliance Conference and Hackathon. An event oriented around the integration of cryptocurrency into the modern financial infrastructure may be at odds with the cypherpunk ethos...

CipherTrace Urges Crypto Companies to Prepare for Anti-Money Laundering Compliance

For better or for worse, the cryptocurrency space is coming of age. Since Bitcoin’s rise to mainstream prominence in 2015, there has been increasing recognition of digital assets from government agencies around the world. In turn, new regulations are being imposed to control the way cryptocurrency companies operate and do business globally...

Blockchain forensics firm CipherTrace now tracks Binance Chain

CipherTrace has been busy making it harder for folks to flaunt anti-money laundering regulations. And Binance seems onboard...

CipherTrace’s Anti-Money Laundering Tracking Adds Support For Binance DEX and BNB Crypto

Binance Exchange will increase its Anti-Money Laundering efficiency following a recent integration with CipherTrace’s platform. Clients will now be able to trace BNB coins and transactions within the Binance decentralized exchange for best practices. CipherTrace which operates within the IT security arena is based in the U.S and currently services over 700 crypto coins...

CipherTrace CEO Dave Jevans at Chamber Of Digital Commerce on Blockchain & AML

In 2013, FinCEN issued its initial guidance on the application of the Bank Secrecy Act to virtual currencies. Since then, in only a few short years, the industry has evolved considerably – to the point where central bank officials are discussing augmenting the global financial system with blockchain technology.

FATF’s Regulations to Push Criminals to Privacy Coins: CipherTrace CEO

The Financial Action Task Force’s (FATF) crypto regulations will trigger a shift of criminal activity from Bitcoin (BTC) to privacy coins, it has been claimed. David Jevans, CEO of major crypto transaction tracking firm CipherTrace, shared his remarks about criminal use of cryptocurrencies at a panel held by blockchain advocacy group, the Chamber of Digital Commerce, on Oct. 21.

CipherTrace now has the technology to track 87% of virtual asset trading

Regulators no longer need to worry about lack of transparency in the crypto space thanks to breakthrough technology from CipherTrace. Self-described as the “world’s first blockchain forensics team”, CipherTrace is now also the world’s number one provider of cryptocurrency intelligence. Set up to develop cryptocurrency and blockchain tracing and security capabilities, the company yesterday announced that it had completed its most comprehensive digital asset tracing system to date.

CipherTrace Scout App Takes Crypto Investigations Mobile

Blockchain forensics firm CipherTrace has developed a mobile tool for flagging bitcoin and ethereum tokens with a criminal past. Announced today, CipherTrace Scout grants street-level investigators more freedom to identify, track and document illicit crypto transactions from the field, company representatives and law enforcement experts said.
crypto briefing

FATF Travel Rule Compliance Gets Easier With New CipherTrace Tools

A new framework from blockchain security firm CipherTrace will enable cryptocurrency wallets, exchanges and other projects to comply with the Travel Rule from FATF – the Financial Action Task Force – without having to share private or personal information with one another.

CipherTrace Unveils Travel Rule Protocol for Cryptocurrency Businesses

Blockchain security firm CipherTrace has formally announced the release of its Travel Rule Information Sharing Architecture (TRISA); a new way for cryptocurrency businesses to satisfy regulatory pressure to enforce the travel rule, which requires financial institutions to share information of fund transfers.

Japanese exchange BITPoint hacked for $28 million

Japanese cryptocurrency exchange BITpoint lost a grand total of $28 million in July this year. This figure is $4.5 million less than what was originally reported on the day of the theft on July 12.

New Money-Laundering Rules Change Everything for Cryptocurrency Exchanges

Complying with regulators could mean the difference between going mainstream and remaining forever on the margins of the global financial system.
Forbes

Hackers Stole Over $4 Billion From Crypto Crimes In 2019 So Far, Up From $1.7 Billion In All Of 2018

2019 is shaping up as the year of the “exit scam” according to a new study from CipherTrace, a cryptocurrency intelligence firm based in Silicon Valley.

Cryptocurrency Scammers Have Netted $4.26B So Far This Year

Cryptocurrency scammers continued to swindle funds throughout Q2 2019, netting approximately $4.26 billion so far this year. According to CipherTrace latest report, insider thefts were by far the largest offenders, netting massive loses on investors and cryptocurrency exchange users. If things carry on the way they are, 2019 could go down in cryptocurrency history as the year of the exit scam.

Cyber Criminals Netted $4.3B From Crypto-Related Crime in 2019

Cyber criminals have netted $4.3 billion from digital currency exchanges, investors and users in 2019. Blockchain security company CipherTrace gave its summary crypto-related theft in its Anti-Money Laundering report that it shared with Cointelegraph on Aug. 12. According to CipherTrace, outright thefts, scams and other kinds of misappropriation of funds from digital currency holders and trading platforms resulted in around $4.3 billion in losses throughout 2019.
crypto briefing

Blockchain Advocates In Washington DC: Facebook Had “Fabulous” Timing

Say what you like about Mark Zuckerberg, but he certainly knows how to get attention. After six years of blank stares and regulatory shrugs, decentralization and privacy are now the talk of the town in Washington, and lawmakers are finally devoting their attention to what was once an obscure technological fad.

Former AT&T SVP CISO Asks CipherTrace about Securing Cryptocurrency

In wide-ranging interview with CipherTrace CMO John Jefferies, Ed Amoroso, CEO of TAG Cyber and former AT&T CISO, asks how to secure emerging exchanges, digital wallets, and related offerings.

CipherTrace, Shyft Unveil ID Protecting Solution to FATF Crypto Guidance

A new partnership is creating an anonymous identity scheme to meet regulators and users in the middle when complying with KYC/AML regulations.

BBC Interviews CipherTrace CEO on the Topic of Cryptocurrency Risks and Security

Dave Jevans discusses cryptocurrency robberies and losses from fraud with the BBC’s Louise Cooper. He also offers tips to users on how to safely trade and hold cryptocurrencies.
crypto briefing

CipherTrace Offers Easy AML To Bitcoin ATMs

A new framework from blockchain security firm CipherTrace will enable cryptocurrency wallets, exchanges and other projects to comply with the Travel Rule from FATF – the Financial Action Task Force – without having to share private or personal information with one another.

Binance Coin Price Analysis: Binance Coin May Pick Up Pace Post-June 12

It has been a good year for Binance Coin traders and investors as the BNB coin has performed at par with the expectations. The recent alliances including ones with CoinFlip and CipherTrace further put a strong prediction on the future of this token in the world of cryptocurrencies, and it seems the coin is only going to move up higher in the next few months as well...
Fortune - Binance - Crypto - Rules

Crypto Cowboy Binance Wants to Play By the Rules

The latest sign of Binance’s new focus came last week when the company announced it would hire CipherTrace, a California-based business that helps companies and law enforcement trace suspicious cryptocurrency movements.
News Cast - CipherTrace - CEO - Crypto Thefts Rise

CipherTrace CEO Tackles the Rise in Crypto Thefts

Cryptocurrencies are still considered a risky investment for the more traditional investors, and only riskier as thefts on crypto exchanges continue to rise. According to security firm CipherTrace, more than $760 million in cryptocurrency was stolen from exchanges so far this year, easily outpacing 2017.
Reuters - Cryptocurrency Thefts - Scams - 1.7 Billion - 2018 - Report

Cryptocurrency thefts, scams hit $1.7 billion in 2018: report

Cryptocurrencies stolen from exchanges and scammed from investors surged more than 400 percent in 2018 to around $1.7 billion, according to a report from U.S.-based cyber security firm CipherTrace released on Tuesday.
CNBC - Crime Plagues - Cryptocurrencies - 1.7 Billion Stolen - Investors

Crime still plagues cryptocurrencies, as $1.7 billion was stolen from investors last year

Bad actors stole $1.7 billion worth of cryptocurrencies from investors last year, according to a new report from CipherTrace Cryptocurrency Intelligence published Tuesday. Of that total, roughly $1 billion was taken from exchanges.
Crowdfund Insider - CipherTrace Report - Scammed - Stole - 1.7 Billion - Cryptocurrency - 2018

CipherTrace Report: Bad Actors Scammed and Stole $1.7 Billion in Cryptocurrency in 2018

CipherTrace is out with a report on cryptocurrency scams and fraud. It is widely known that crypto suffers from rampant acts of theft and cons as these digital assets have become the targets of global criminals seeking an easy payday or simply to launder illicit funds.
Crypto Briefing - Cryptocurrency Crime - Mooned - 2018

Crypto Crime Mooned In 2018

Crypto-related crime spiked massively last year, according to the latest report from AML firm CipherTrace. Digital crooks made off with some $1.7 billion worth of crypto assets in 2018.
Rane - Webinar - Shinning Light - Dark Side - Blockchain

Webinar: Shining a Light on the Dark Side of Blockchain

Cryptocurrency Anti-Money Laundering and Financial Investigations
Crypto News - AML Regulations - Deterrence - Cryptocurrency Crimes - Study

Strong AML Regulations Deterrence to Cryptocurrency Linked Crimes: Finds Study

In the first nine months of 2018, theft from exchanges of cryptocurrencies through sophisticated hacking techniques has hit nearly $927 million, showing an increase of about 250 per cent compared to the level seen in 2017.
Reuters - Cryptocurrency Theft - 1 Billion - Report

Cryptocurrency theft hits nearly $1 billion in first nine months: report

Theft of cryptocurrencies through hacking of exchanges and trading platforms soared to $927 million in the first nine months of the year, up nearly 250 percent from the level seen in 2017.
TNW - Criminal - Bitcoin - Launder - 2.5 Billion - Money - Data

Criminals used Bitcoin to launder $2.5B in dirty money, data shows

New data shows criminals have laundered $2.5 billion worth dirty Bitcoin through cryptocurrency exchanges, and almost all of it ends up in countries with lax Anti-Money-Laundering (AML) regulations.
CCN - 731 Million - Stolen - Crypto Exchanges - 2018 - Hacks - Prevention

$731 Million Stolen from Crypto Exchanges in 2018: Can Hacks be Prevented?

Last year, crypto exchanges recorded around $266 million in losses from security breaches and heists. The first half of 2018 recorded triple the amount stolen from crypto exchanges in 2017, triggering investors in the cryptocurrency space to develop concerns regarding the standard of security measures implemented by crypto trading platforms.
eWEEK - CipherTrace - Crypto-Currency - Anti-Money Laundering - Launches Service

CipherTrace Launches Crypto-Currency Anti-Money Laundering Service

Using advanced analytic techniques and multiple data sources, CipherTrace aims to help financial services organizations detect and limit crypto-currency money laundering.
Bank Info Security - Cryptocurrency - Laundering - Explosive - Growth

Cryptocurrency Laundering’s Explosive Growth

Cryptocurrency money laundering is increasing dramatically, being already three times greater than in 2017. And we’re only half way through the year, observes Dave Jevans, Founder and CEO of CipherTrace, and chairman of the Anti-Phishing Working Group
American Banker - Crypto - Money Laundering - Threefold - 2018 - Report

Crypto money laundering up threefold in 2018: Report

Bitcoin supporters argue cryptocurrency is not anonymous, that their transactions can be connected to the addresses at which they receive bitcoins. If those addresses are ever tied to their personal identity, their cryptocurrency movements can be fully visible.
Dark Reading - Cryptocurrency - Theft - 3x - Increase - Money Laundering

Cryptocurrency Theft Drives 3x Increase in Money Laundering

The first half of 2018 saw more cryptocurrency theft than all of 2017 combined, driving a rise in digital money laundering as criminals elude authorities.
Coin Telegraph - 1.2 Billion - Crypto - Stolen - 2017 - GDPR - Hinder - Cybercrime Enforcement - Report

$1.2 Bln in Crypto Stolen Since 2017, GDPR Will Hinder Cybercrime Enforcement, Report Shows

"So what we’re going to see is that not only the European market goes dark for all of us; so all the bad guys will flow to Europe because you can actually access the world from Europe and there’s no way you can get the data anymore.”
News BTC - Report - Criminals - Stolen - 1.2 Billion - Cryptocurrencies - 2017

Report: Criminals Have Stolen $1.2 Billion in Cryptocurrencies Since 2017

“GDPR will negatively impact the overall security of the internet and will also inadvertently aid cybercriminals. By restricting access to critical information, the new law will significantly hinder investigations into cybercrime, cryptocurrency theft, phishing, ransomware, malware, fraud and crypto-jacking.”
cNet - 1.2 Billion - Cryptocurrency - Stolen - 2017 - Report

$1.2 billion in cryptocurrency has been stolen since 2017, says report

Cryptocurrency has skyrocketed in value over the past year, so it shouldn't be too surprising that thieves want a piece of the pie.
Reuters - Cryptocurrency Theft - 1 Billion - Report

About $1.2 billion in cryptocurrency stolen since 2017: cybercrime group

Since the beginning of 2017, as bitcoin’s popularity and the emergence of more than 1,500 digital tokens have put the spotlight on the unregulated sector, according to APWG estimates

CipherTrace Q3 2019 Cryptocurrency Anti-Money Laundering Report: Two-thirds of the Top 120 Cryptocurrency Exchanges Have Weak or Porous KYC

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More than 87% of Global Virtual Asset Trading Now Traceable with CipherTrace

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CipherTrace Unveils Trustworthy Open Source Solution for FATF Travel Rule Compliance

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Rakuten Partners with CipherTrace to Deliver AML on Major New Tokyo Crypto Exchange

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