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How This DOJ Strike Force Hunts Down Cryptocurrency Criminals
Episode 195
Magistrate judge Zia Faruqui, and Jessi Brooks, assistant U.S. attorney in the national security section at the United States Attorney’s Office, have prosecuted several cryptocurrency-related cases, many of them amongst the most well-known. In this episode, they talk about:
- how they came to be involved in the prosecution of so many cases involving cryptocurrency
- the nature of civil forfeiture cases
- the Al-Qassam Brigades case, which led to the largest ever seizure of a terrorist organization’s cryptocurrency accounts, and the terrorist organization’s use of dynamic addresses in an attempt to elude detection by authorities.
- how Al Qaeda used Telegram to pursue cryptocurrency donations
- the case involving ISIS and counterfeit PPE for COVID
- the process of seizing funds from unhosted wallets
- the North Korean affiliated Lazarus Group, and how they were able to amass $2580 million worth of cryptocurrency
- the methods hackers will use to cash out stolen crypto funds to fiat
- how different government agencies in the U.S., as well as in other countries, are coordinated when tackling these cases
- the Welcome to Video case and how they went about prosecuting a person in a foreign country
- how they’ve seen the use of cryptocurrencies by criminals evolve over time
- and whether or not they think decentralized exchanges will make it easier for criminals and hackers to cash out
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Crypto.com: https://www.crypto.com
Episode links:
Jessi Brooks: https://www.linkedin.com/in/jessica-brooks-8289ab32/
Zia’s Faruqui: https://www.linkedin.com/in/zia-faruqui-a73ba11a5/
Three terror-finance cybercrime cases: https://www.justice.gov/opa/pr/global-disruption-three-terror-finance-cyber-enabled-campaigns
The Al-Qassam Brigades case: https://www.justice.gov/opa/pr/global-disruption-three-terror-finance-cyber-enabled-campaigns
Scam PPE site: https://www.wired.com/story/isis-allegedly-ran-a-covid-19-ppe-scam-site/
Civil forfeiture complaint against North Korea-affiliated hackers, Lazarus Group:
https://www.justice.gov/usao-dc/press-release/file/1310411/download
https://blog.chainalysis.com/reports/lazarus-group-north-korea-doj-complaint-august-2020
Welcome to Video indictment: https://www.justice.gov/opa/pr/south-korean-national-and-hundreds-others-charged-worldwide-takedown-largest-darknet-child
Dark Scandals: https://www.forbes.com/sites/kellyphillipserb/2020/03/13/dark-deja-vu-irs-announces-charges-in
Published on 5 years, 2 months ago