June 28, 2022

Blockchain Investigations and Illicit Threats Emerging In Crypto Ecosystem

24 minutes

In this episode of Public Key, our host, Ian Andrews (CMO at Chainalysis) is joined live from New York City at the Chainalysis Links Conference by Erin Plante, who leads our Investigations and Special Projects team and discusses the intricacies of complex blockchain investigations and quick responses to major platform hacks

The conversation covers a wide range of topics, including the aftermath of a crypto exchange being sanctioned, DeFi platforms as the popular target for crypto theft and state sponsored attacks and how we might improve consumer protection in Web3.

Minute-by-minute episode breakdown

(2:30) – Erin Plante’s origin story on buying bitcoin from strangers on craigslist

(5:45) – Emerging trends in crypto crime and the evolution from darknet payments to ransomware proceeds

(10:25) –OFAC’s increased action against high risk exchange’s obfuscation of proceeds of ransomware

(14:15) –How public private partnerships are increasing the ability to recover stolen or hacked funds

(15:45) –Weighing the pros and cons of decentralization and consumer protection

(19:08) – Describing the panic after the first few hours after a cryptocurrency hack

(22:32) – North Korea’s powerful hacker cells and international cyber warfare

(23:50) –How Google and Chainalysis tackled botnet cybercrime including Glupteba malware

Related resources

Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key.

Report:The Chainalysis State of Web3 Report (Reserve your copy - Coming June 2022)

Webinar: The State of Web: June 30, 2022 at 11am ET (with Ethan McMahon, Economist)

Blog: Meet the Malware Families Helping Hackers Steal and Mine Millions in Cryptocurrency

Blog: New Layer 1 Blockchains Are Expanding the DeFi Ecosystem But No Eth Killers Yet

Reply All Podcast :A podcast about the internet, that is actually an unfailingly original exploration of modern life and how to survive it.

Company News: Introducing the Chainalysis Crypto Incident Response Program

Video: Chainalysis Links New York 2022 (Video Replays)

Speakers on today’s episode

Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) https://www.linkedin.com/in/ianhandrews

Erin Plante (Senior Director of Investigations, Chainalysis) https://www.linkedin.com/in/erinplante

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