ZEN INVESTING
FATF's New Guidance on Asset Recovery: Implications for Global Crypto Investigations
The FATF's latest guidance on asset recovery is set to transform how digital assets are seized and managed globally, impacting crypto investigations significantly.
Insights into Crypto Forensics: Adrian Morris on Chainalysis and Asset Recovery
Adrian Morris from Grant Thornton discusses the challenges and insights of using Chainalysis in crypto investigations, emphasizing the importance of collaboration between public and private sectors.
Exploring Crypto Seizures: Insights from Asset Reality's Joanna Summers
Discover the intricacies of crypto seizures and asset recovery initiatives, featuring insights from Joanna Summers of Asset Reality on scams, FATF plans, and new training programs.
BlockFi Triumphs Over Bankruptcy, Initiates Creditor Reimbursements
BlockFi, a cryptocurrency company, emerged from bankruptcy in October 2023 and has since implemented a plan to repay creditors and return digital assets to clients. The company is now focusing on asset recoveries from entities like FTX and 3AC, processing claims for fair distributions, and Wallet customers can withdraw assets.
U.S. Prosecutors Aim to Sideline Asset Recovery Talks in Bankman-Fried Trial
U.S. prosecutors in Samuel Bankman-Fried’s trial have urged the court to disallow any arguments concerning the recovery of misappropriated FTX customer assets invested in AI startup Anthropic. This development arises as Bankman-Fried's investment could now be of higher value, potentially affecting the recovery prospects for FTX customers amidst the ongoing bankruptcy process.
Crypto.com's $10.5 Million Mistake Leads to Legal Fallout for Australian Couple
A Melbourne couple faces legal repercussions after Crypto.com mistakenly transferred $10.5 million AUD to their bank account. Thevamanogari Manivel and her partner, Jatinder Singh, allegedly spent the funds on property and other assets. Manivel has been sentenced to an 18-month community corrections order, while Singh is set to face a plea trial on October 23, 2023.
Haru Invest Addresses Rehabilitation Procedures and Asset Recovery Concerns
On August 20, 2023, Hugo Lee, the CEO of Haru Invest, released an official statement addressing the concerns and questions raised by its members. Lee emphasized that Haru Invest is not evading accountability and remains committed to the efficient recovery of members' assets.