Crime in the crypto space has attracted press scrutiny and high-profile court cases in recent years, giving the misplaced impression that criminal activity in this area is new or extraordinary, said Jarod Koopman, executive director, cyber and forensic services at IRS Criminal Investigation, part of the US Treasury.
He added that theft, fraud and money laundering have been present in traditional finance for a long time and that financial crime should just be seen as crime, regardless of the space in which it occurs. His comments were echoed by Amanda Wick, founder and CEO at the Association for Women in Cryptocurrency during a discussion at the Crypto and Digital Assets Summit organised by the Financial Times and The Banker in London on May 9.
