Mitigating Fraud Risks in the Crypto Industry: Best Practices and Innovations

Cryptocurrencies have revolutionized finance, empowering individuals with greater control over their money. However, rapid advancements in technology have also opened the door for more sophisticated methods of fraud. This, combined with greater regulatory scrutiny, poses risks for investors and financial institutions. According to the Association of Certified Fraud Examiners, cryptocurrencies are involved in 8% of global fraud cases, including instances of bribery, kickback payments, and misappropriation.

Join our webinar to explore fraud crypto risk mitigation with experts from Current Consulting Group, BingX and ChainUp. In just 60 minutes, we’ll discuss:

– Latest trends and innovations in the industry

– Building trust with customers: how to comply with anti-money laundering (AML) regulations and avoid hacks

– How AML, KYC, and monitoring tools can prevent crypto fraud and money laundering

– Best practices for balancing security, UX, and data protection in crypto

Speakers:

– Penny Chai, Vice President of Business Development (APAC) at Sumsub

– Björn Wahlström, CEO at Current Consulting Group, Member of Board of Directors at Swedish Chamber of Commerce in Hong Kong

– Nicholas Lo, Cofounder of Offchain Hong Kong, Head of Business Development at BingX

– Goh Ling Ju, Risk & Compliance Director at ChainUp

Moderator:

– Lucas Newman, Business Development Manager at Sumsub

This webinar is designed for the crypto industry, including exchanges, blockchain companies, and individuals looking to mitigate fraud risks in the crypto space. It is especially relevant for compliance, risk management, and cybersecurity professionals seeking to protect digital assets.