KYC for Crypto is a series of checks performed by exchanges to verify customer identity and to assess account holder risk. This process of due diligence helps safeguard against exchanges being used by criminal entities for money laundering and other illegal activities.

Without an industry-standard set of checks to conduct, or even a globally accepted definition of KYC, this article explores the challenges faced by exchanges in conducting consistent and appropriate levels of risk assessment to expose criminal activities and to avoid regulatory scrutiny.

FINANCIAL investigators from the North East say they are on the tracks of global scammers using game-changing artificial intelligence to help recover the criminals’ billions.

IYE Global works at the forefront of global financial crime.
We are seeking partnerships with legal firms across jurisdictions to assist in the recovery of client funds.

Industry leading investigation firms and blockchain analysis companies use our proprietary investigation resource, Cobra AI, to swiftly identify scammers and their linked bank and cryptocurrency accounts.

An update from IYE Global

As per our remit, for decades, we have operated discreetly, working diligently under the radar to protect our team members’ identities as we engaged in the fight against sophisticated criminal activities. Our commitment to anonymity was crucial in ensuring the safety and effectiveness of our operations.

Police told to get a grip as rocketing levels of fraud are being committed ‘on an industrial scale’ – as new figures show explosion of offences since the pandemic.

Ruthless fraudsters may have plundered as much as £14.6 billion from the nations pension savings, new figures reveal.

The shocking statistics from the pension industry show the scale of the crime has been grossly underestimated.

Official police fraud report figures had previously shown that just £31 million had been lost due to pension scammers since 2017. Experts have always believed the true cost to be much higher.

Investment scams have nearly quadrupled during lockdown as scammers use evermore sophisticated methods to dupe ordinary savers into parting with their cash.

Almost £10m was lost in frauds last month, up from about £4m in July, according to the Investment Association. The total number of reported scams jumped from 300 to 1,175 over the same period.

Scammers are taking advantage of more people working from home where online security may be less robust than in their workplace. With Christmas shopping well underway and lockdown forcing more of us to buy online, there is a rich seam for the criminal to exploit.

INVESTORS are being warned to be on their guard against international scammers seeking to cash in on the coronavirus crisis.

A tide of fraudsters is expected to sweep in as Covid-19 paralyses traditional markets and high net worth investors become desperate to find new ways to make their money work.

Financial security experts at UK-based IYE Associates International (iye2026march7381.live-website.com/) warn that there is more than losing money at stake, a view echoed by official crime-fighters.

A company owning a Merchant Bank in the City of London decided to dishonour our client’s contract and refused to pay a substantial bill for services rendered. Our client tried to secure payment, but the offending company simply refused to pay and raised a dispute which they hoped they could hide behind to avoid paying a legal debt.

A FREE CHECKLIST OF SOME TRIED AND TESTED ‘SCAM INDICATORS’ TO KEEP YOU SAFE.

Here are ten of the most common statements or excuses which come up when scammers are trying to engage with investors. If any sound familiar or similar to statements made by people you are dealing with please be extremely cautious. There are many more, and whilst we can be amused at the naivety of these approaches, each is a genuine example and every single one represents multiple victims who have been defrauded by scammers, often with the loss of significant sums.

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