Veló Legal’s Post

Crypto hacking thefts doubled to $1.4 billion in first half of 2024. What does this mean for crypto investors, and how can you keep your funds safe? Our Head of Partnerships, Alexander Saleh, discusses the latest crypto market trends and essential security measures with Remy Blaire on FINTECH.TV. Watch the full interview here 👉 https://lnkd.in/ebKmdHHZ #BlockchainProtection #FintechTV #CryptoHacks

FinTech is always a tricky one to keep up with! So listen to me when I say, if you're working on your Chambers FinTech submission, don't forget these important tips!

Submission deadline reminder!⏰ Less than a month left until the Chambers and Partners FinTech 2025 submission deadline on May 20th! The FinTech guide ranks the leading payments, blockchain, cybersecurity, technology, and data protection lawyers and law firms globally. Navigating the intricacies of this practice area can be challenging, but fear not! Galit Imbo recently sat down with Global Research Director, Simon Christian, to bring you valuable insights for your submission. #ChambersFintech #legaldirectories #ChambersandPartners #TierOneRankings

Are you incorporating cryptocurrency into your business transactions? The FBI recently underscored the risks of engaging with unregistered cryptocurrency transfer platforms, emphasizing potential financial losses during law enforcement crackdowns. As highlighted by the FBI, relying on non-compliant services heightens the likelihood of losing access to funds amid law enforcement operations. To mitigate such risks, verifying whether a transfer service is registered as an MSB with the U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) is imperative. Additionally, exercising caution when dealing with platforms that forego Know Your Customer (KYC) procedures is crucial. In an ever-evolving financial landscape, staying abreast of regulatory advisories is paramount to safeguarding one's financial interests. To learn more about the FBI's warning and how to protect your cryptocurrency assets, read more here: https://lnkd.in/efXavTqA #teamlogicit #cybersecurity #crypto #cryptonews #cybersecuritynews

Meet the new services and website! Building on our expertise in blockchain cybersecurity and publications on the topic, we are pleased to announce the launch of two new services and a revamped H-X Group website! #NewServices #BlockchainSecurity #CryptoInvestment #CryptoSecurity #Cybersecurity #InvestmentOpportunities #StartupValuations #DueDiligence #CryptoProtection #SecureInvestments #FinancialGoals #CryptoProjects

🔒 𝗦𝗮𝗳𝗲𝗴𝘂𝗮𝗿𝗱 𝗬𝗼𝘂𝗿 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗳𝗿𝗼𝗺 𝗖𝗿𝘆𝗽𝘁𝗼 𝗙𝗿𝗮𝘂𝗱 🔒 As cryptocurrency continues to shape the financial landscape, businesses face increasing risks from crypto fraud. From phishing scams to wallet hacking and fraudulent transactions, crypto fraud can threaten your company's assets and reputation. At The Beckage Firm: Tech, Data Security & Privacy Law Firm, we specialize in helping businesses trace, track, and recover stolen cryptocurrency. Our services include: ⛓ 𝗖𝗵𝗮𝗶𝗻 𝗧𝗿𝗮𝗰𝗶𝗻𝗴: Tracking assets across blockchain networks. 💵 𝗪𝗮𝗹𝗹𝗲𝘁 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 & 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀: Identifying fraudulent patterns and suspicious activity. 🚔 𝗔𝘀𝘀𝗲𝘁 𝗥𝗲𝗰𝗼𝘃𝗲𝗿𝘆 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆: Collaborating with law enforcement to recover stolen funds. With our legal and investigative support, we’re here to help you navigate the complexities of crypto fraud and protect your business. 📖 𝗥𝗲𝗮𝗱 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝗯𝗹𝗼𝗴 on how we can help protect your assets: https://lnkd.in/eWMCGgfM **Attorney Advertisement** #CryptoFraud #Blockchain #AssetRecovery #CryptoSecurity #TheBeckageFirm #CardinalStrong

Following in the footsteps of Austria, Denmark, France, Germany, Portugal and more, Estonia joins the list of countries seeking the benefits of #web3 as #legislation is passed to #regulate crypto, ensuring a safer and more secure market for investors 📜 "The legislation arrives in response to several high-profile incidents of cyber thefts and business bankruptcies within Estonia’s crypto sector, leading to significant losses for investors. By subjecting companies to FSA supervision, the government aims to mitigate these risks and ensure greater security for digital asset holders." https://lnkd.in/gXv4D-xg

For anyone working in crypto compliance and based in the EU, this is must watch. Vixio Regulatory Intelligence will be exploring the impact of DORA on crypto firms and what they have to do to comply with the forthcoming operational resilience regulations. Register below. #cryptoregulation #dora #mica

Unveiling Hidden Assets in Recent Financial Scandals In the past few months, the financial world has been rocked by several high-profile scandals, emphasizing the critical need for effective asset tracing. In a significant case, Jake Lee and James Heppel were convicted in June 2024 for orchestrating a sophisticated cryptocurrency fraud scheme involving over £5.7 million. The duo spoofed the domain of Blockchain.com to gain unauthorized access to victims’ Bitcoin wallets, affecting individuals across 26 countries. This case highlights the borderless nature of cybercrime and the global impact of such fraudulent activities. Similarly, in June 2024, the collapse of ACE Exchange in Taiwan exposed a major fraud operation. Founders David Pan and Lin Keng-hong, along with attorney Wang Chen-huan, were indicted for defrauding over 1,200 investors of approximately $24.56 million through manipulated token sales and fake blockchain projects. The investigation revealed a network of hidden assets and offshore accounts used to launder money. These cases underscore the sophisticated methods fraudsters use to conceal assets and the importance of precise asset tracing to uncover hidden funds and ensure accountability. In an era of increasing financial scrutiny, staying informed and vigilant is crucial. #FinancialScandals #AssetTracing #FraudInvestigation #FinancialSecurity #RiskManagement #IntelligenceSolutions

Meet the new services and website! Building on our expertise in blockchain cybersecurity and publications on the topic, we are pleased to announce the launch of two new services and a revamped H-X Group website! H-X Group’s new services: 1) Mergers and Acquisitions Advisory. Our experts are ready to offer you investment assistance, M&A brokerage, startup valuations and due diligence. We also offer investment opportunities in crypto projects. Our expertise in cybersecurity and blockchain technologies will give you confidence in every step you take.  2) Crypto Investment Security. We offer a comprehensive approach to protecting your current and future crypto investments, including identifying fraudulent schemes, monitoring broker reputation, providing expert advice and monitoring market changes. Our team is ready to help you secure your investments and minimize your risks.  We strive to make your experience with our group of companies as convenient and informative as possible. Thank you for your trust. We look forward to helping you achieve your financial goals and securing your investments. Learn more: https://lnkd.in/dpi2T4VX #NewServices #BlockchainSecurity #CryptoInvestment #CryptoSecurity #Cybersecurity #InvestmentOpportunities #StartupValuations #DueDiligence #CryptoProtection #SecureInvestments #FinancialGoals #CryptoProjects