#30 - Tackling Crypto Fraud & the $20B Seizure Pipeline with Joanna Summers
Description
Michael Pearl interviews Joanna Summers, the Chief Recovery Officer at Asset Reality. They discuss Joanna's unique role in asset recovery, particularly in the context of cryptocurrency and the challenges faced in managing crypto crime compared to traditional financial crime.
Joanna shares her experiences with significant cases like the Silk Road and highlights the alarming rise of pig butchering scams.
The conversation also touches on the regulatory landscape and the responsibilities of financial institutions in preventing fraud.
Chapters
(03:30 ) Joanna's Background and Role at Asset Reality
(06:20 ) Differences Between Crypto and Traditional Asset Recovery
(09:15 ) Challenges in Seizing and Recovering Crypto Assets
(11:46 ) The Silk Road Case: A Landmark in Crypto Seizures
(15:49 ) The U.S. Government's Crypto Holdings and Market Impact
(17:26 ) Pig Butchering Scams: A Growing National Security Threat
(21:19 ) The Role of Financial Institutions in Preventing Fraud
(26:11 ) Advice for Users and Platforms on Minimizing Fraud
The Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like Ledger, BitGo, 21Shares, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges.
Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space.
Learn more at: Cyvers.ai
United States
