September 07, 2022

From Crime to Restitution: Asset Realization for Crypto Assets

37 minutes

In this week’s episode, Aidan Larkin, Founder and CEO of Asset Reality and a Chainalysis Partner joins our host, Ian Andrews (CMO) to discuss traditional and crypto asset seizures, the challenges with confiscating physical and luxury goods and how demystifying the realization of crypto and complex assets, may lead to mass adoption of cryptocurrency.

Ian and Aidan discuss the challenges with seizing and securing luxury art, yachts and cryptocurrency, while highlighting the financial impact on victims and how governments are educating themselves on investigating, recovering, managing and realising crypto and complex assets.

Minute-by-minute episode breakdown

(2:25) – From seizing lambos and luxury watches into confiscating crypto assets

(5:15) – How traditional assets obtained by illicit means are seized and sold at auction

(11:15) – The challenge with suspects ability to gain access to cryptocurrency that has been seized as evidence in an investigation

(14:48) – The shocking stats around crypto asset recovery efforts around the world

(18:30) – Traditional asset recovery may be broken and crypto asset seizure blueprints may be the solution

(21:03) – Creating the playbook for crypto asset investigation, recovery and realization

(24:55) – Why simpler recovery efforts lead to trust and safety for wider crypto adoption

(27:42) - The challenges of allowing users to protect their data, while trying to add useful product features

(29:30) - The MetaMask partnership to bring safety to the user’s wallet experience and journey

(31:35) - How off-shore jurisdictions are leveraging Asset Reality to participate in crypto economic opportunities

Related resources

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

Blog: Mid-year Crypto Crime Update: Illicit Activity Falls With Rest of Market, With Some Notable Exceptions

Website: Asset Reality: The Asset Recovery Company

Article: Asset Reality Partners with MetaMask to Help Victims of Scams Recover Their Stolen Digital Assets

On-Demand Webinar: Crypto Asset Recovery: Recovering, Managing & Realising Crypto Assets

Website: Chainalysis Academy

Speakers on today’s episode

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

Aidan Larkin (Founder and CEO of Asset Reality) https://www.linkedin.com/in/aidan-larkin-29810781

** It is noted that Asset Reality is a Chainalysis Partner **

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