Elliptic

New crypto sanctions have just been announced by OFAC: Five Tron addresses linked to Sa’id Ahmad Muhammad al-Jamal, have been added to OFAC's SDN list. Al-Jamal was originally designated in June 2021, for his involvement in providing tens of millions of dollars’ worth of funds to the Houthi militant group in Yemen, in cooperation with senior officials in Iran’s Islamic Revolutionary Guard Corps – Qods Force (IRGC-QF). Our analysis shows that these five addresses have received $332 million, primarily in USDT, between November 2023 and November 2024. These addresses are already in Elliptic's products, ensuring that our customers are aware of and protected from exposure to this actor.

Are you up to speed on regional crypto regulations?🚨 Check out our global regulatory framework snapshot and explore our 2024 'Global Crypto Regulation Landscape' report for comprehensive insights into the current state and progress of global crypto regulations. Download now: https://hubs.la/Q03091Fd0 #Elliptic #CryptoRegulation #KnowExactly

🔔 As 2024 comes to a close, regulators and policymakers in Hong Kong continue to press ahead with important initiatives that are helping to cement its status as the Asia-Pacific region’s leading hub for cryptoasset innovation. Stay informed with the latest crypto regulatory developments: 🇺🇸 US appeals court declares OFAC blocking of Tornado Cash smart contracts unlawful, but speedy resolution is unlikely 🇺🇸 Trump announces plan to appoint David Sacks as AI & Crypto Czar 🇦🇪 Abu Dhabi regulator sets out framework for stablecoins 🇦🇺 Australian regulator published consultation on digital asset guidance 🇯🇵 Japan to create new regulatory categories to address diversity in business models 🇹🇼 Taiwan implements crypto AML rules 🇪🇺 European Commission publishes implementing regulations for MiCA’s stablecoin reporting obligations 🇪🇺 European Banking Authority launches consultation on AML contact points for CASPs 🇬🇧 UK FCA provides readout of discussions with private sector Read the full update ➡️ https://hubs.la/Q02_WBx_0 #Elliptic #CryptoRegulation #KnowExactly

🏆 We are pleased to announce that Elliptic has won the 'Top Blockchain Research and Development' award at the Global Blockchain Awards by Global Blockchain Show. This recognition highlights our commitment to providing leading blockchain intelligence through dedicated research and innovation. Thank you to everyone who voted for us and placed their trust in our ability to deliver exceptional insights to the crypto market. #Elliptic #Winner #GlobalBlockchainAwards

Wow, what an incredible couple of days! Our entire Elliptic team just wrapped up our global offsite in Windsor, where we came together under the theme "Built to Last". Being in a place with so much history was truly inspiring, and it reminded us of the legacy we're building at Elliptic. It was a fantastic opportunity to connect on a personal level—something that can be tough to do when we're behind screens every day. Together, we explored our vision for 2025, and it’s clear that we're all fired up and ready to tackle whatever comes next. Taking time out for experiences like this reminds us of the power of coming together. We're all heading back with clearer goals and a lot of excitement for the future. #Elliptic #BuiltToLast

Elliptic was delighted to host our 2024 EMEA Client Advisory Board (CAB) annual meeting in London! 🇬🇧 The gathering united leaders in compliance and digital assets to network, strengthen connections, and share insights, challenges, and solutions. We truly value this group's world-class expertise and their guidance on our strategy, product development, and industry trends. At Elliptic, we are dedicated to shaping the future of compliance alongside the brightest minds in the industry. Thank you to our EMEA advisory board members. We are excited to implement your ideas, and look forward to ongoing collaboration, innovation, and progress across all regions! 🙏 Binance Wallet bitFlyerグループ Santander BNY Deutsche Bank Banking Circle Transak Sygnum Bank Revolut Bitstamp #Compliance #Leadership #Innovation #ClientAdvisoryBoard

Meet Elliptic at Abu Dhabi Finance Week 2024! 🚀 We're looking forward to being part of ADFW 2024 next week, where world leaders, market experts, and entrepreneurs from over 100 countries will gather to explore the facets and power of financial, human, and technological capital as a competitive propeller for economic growth. Our very own Mark Aruliah, will be on the ground. If you're attending, connect with him to discover how Elliptic can support your crypto compliance, analytics, and investigative needs. See you in Abu Dhabi. #Elliptic #ADFW2024

🚨 The U.S. Department of the Treasury Office of Foreign Assets Control has sanctioned a number of individuals and entities connected to Russian sanctions evasion, money laundering and the funding of espionage operations, believed to be connected to money laundering network TGR Group. OFAC has identified crypto addresses connected to two of these individuals, Elena Chirkinyan and Khadzi Murat Dalgatovich Magomedov, with one address receiving over $205 million in cryptoassets, primarily in USDT. Today's action comes as part of a wider international investigation led by the UK’s National Crime Agency (NCA), Operation Destabilise, which “has exposed and disrupted Russian money laundering networks supporting serious and organised crime around the world”. In a release issued today, the NCA states that “TGR’s crypto addresses showed regular exposure to Garantex”. Follow the link in the comments as we investigate the wallets involved ⬇️

Operation Destabilise has disrupted a multi-billion dollar, crypto-enabled Russian money laundering network with links to: - Drug trafficking - Ransomware - Russian espionage - Firearms - Transnational crime groups - Sanctions evasion by Russian elites Elliptic takes a look at the crypto wallets involved:

Explore the five emerging typologies of AI-enabled crime within the cryptoasset ecosystem💡 The rise of AI holds significant potential for innovation, yet it also carries the risk of exploitation by threat actors. Although AI-driven crypto crime isn't mainstream yet, monitoring early indicators can help manage risks and support sustainable growth. Elliptic's report, enriched with case studies, identifies five emerging typologies of AI-enabled crime and offers initial recommendations for preventative strategies. These typologies include: ➡️ Generative AI for deception in crypto scams ➡️ AI-related crypto scams and market manipulation schemes ➡️ Using large language models (LLMs)to facilitate cybercrime ➡️ Deploying crypto scams and disinformation at scale ➡️ Enhancing illicit markets Download now: https://hubs.la/Q02-jy1c0 #Elliptic #AI #Crypto