What The Fraud?

Crypto Fraud: Protecting Yourself in 2024 and Beyond

Listen on

Episode notes

“For those genuine bodies that are out there—work with us and try to get rid of your fear because we’ve got the same fears and we’re trying to stop them.” 

In this episode of What The Fraud? we dive into the evolving landscape of crypto fraud in 2024 and beyond with Mark Taylor, Global Head of Financial Crime/ MLRO at CEX.IO.

Thomas and Mark explore the rise of cryptocurrency in 2024, where fraudsters have become more sophisticated, even infiltrating the U.S. election system. They also discuss the alarming trend of AI-driven fraud, including a shocking case where a user lost over $2 million to scammers using deepfake technology to exploit a major crypto exchange. 

Sumsub's website: sumsub.com  

Sumsub's LinkedIn: linkedin.com/sumsub 

Sumsub's Facebook: facebook.com/sumsub 

Sumsub's Instagram: facebook.com/sumsubcom 

Sumsub's YouTube Channel: youtube.com/@sumsubcom

Sumsub's Travel Rule Course: https://bit.ly/4gQVGPr  

Thomas Taraniuk on LinkedIn: linkedin.com/in/tomtaraniuk  

Mark Taylor on LinkedIn: https://www.linkedin.com/in/mark-taylor-640b3237/  

---

Hosted on Acast. See acast.com/privacy for more information.