Podcast appearances and mentions of ari redbord

On today's episode of Marketplace Tech, Nova Safo speaks with Ari Redbord, global head of policy with the blockchain intelligence firm TRM Labs, about the recent wave of cryptocurrency “wrench attacks” and why more bad actors are going after high-profile crypto investors with threats of physical violence.

On today's episode of Marketplace Tech, Nova Safo speaks with Ari Redbord, global head of policy with the blockchain intelligence firm TRM Labs, about the recent wave of cryptocurrency “wrench attacks” and why more bad actors are going after high-profile crypto investors with threats of physical violence.

In this episode, Ari Redbord, TRM's Global head of Policy, sits down with Kate Eyerman, Chief Compliance Officer at Blockchain.com, to unpack her unconventional path from the US State Department and Treasury to leading compliance in one of crypto's most dynamic environments.With deep experience in counter-terrorism financing and sanctions policy, Kate brings a policy-informed lens to navigating the evolving risks in the digital asset space.Kate and Ari explore the practical challenges of applying legacy financial compliance standards — like the Travel Rule — to blockchain-based finance, and how a strong foundation of AML and sanctions controls enables innovation. Kate also shares candid reflections on the shift from policy theory to operational reality and why public-private partnerships are more than buzzwords in today's crypto compliance landscape.From developing transaction monitoring protocols to evaluating emerging threats like AI-generated fraud, the emerging impact on AI on compliance and KYC, Kate emphasizes a risk-based approach rooted in mission-driven strategy. She also discusses the importance of educating policymakers, engaging with global regulators, and maintaining an agile compliance posture amid fast-moving technologies.And outside of compliance? Kate takes a risk-based approach to kayaking whitewater rivers — an apt metaphor for navigating crypto compliance in 2025.

Crypto compliance is a journey — and sometimes it feels like flying a plane while building it. Fortunately, this week's TRM Talks guest knows how to do both.Brandi Reynolds, licensed pilot and trailblazer in crypto compliance, joins Ari Redbord, TRM's Global Head of Policy, for a high-altitude conversation on what it takes to build and scale effective compliance programs for crypto businesses.With deep experience leading compliance at major crypto exchanges, Brandi shares practical lessons on managing risk, adapting to evolving regulations, and crafting frameworks that withstand turbulence in a rapidly shifting environment.In this episode, you'll learn:How to build a compliance program from day oneBest practices for managing risk in centralized and decentralized platformsReal-world insights from one of crypto's most experienced compliance leadersWhether you're a seasoned professional or just starting your journey, this episode is packed with actionable insights and guidance to help you chart a safe and successful course through crypto compliance.

  Cybersecurity Response Plan w/ Frank Grimmelmann of ACTRA   - AZ TRT S06 EP03 (264) 2-9-2025                 What We Learned This Week ACTRA Arizona Cyber Threat Response Alliance Cyber threats affect everyone from Gov't to business to private and growing Companies need to be responsive with speed to be effective + share information of attacks ACTRA has members from both government and private sector ACTRA helped create a state cybersecurity response model that other states can use     Guest: Frank Grimmelmann https://www.actraaz.org/actra/leadership President & CEO/Intelligence Liaison Officer   Mr. Grimmelmann also serves as Co-Chair (together with Arizona's Chief Information Security Officer) for the Arizona Cybersecurity Team (‘ACT'), created through the Governor's Executive Order signed in March 2018. He also serves as a Founding Member of the National Leadership Group for the Information Sharing & Analysis Organization Standards Organization (‘ISAO SO') at the University of Texas San Antonio (UTSA), created under the President's Executive Order 13691 in February 2015. As ACTRA's leader, Mr. Grimmelmann was invited as the first private sector representative in the Arizona Counter Terrorism Information Center (ACTIC) and served as its first private sector Executive Board representative from 2014-2019. He presently acts as ACTRA's designated private sector liaison to ACTRA's Key Agency and other non-Member Stakeholders.    Mr. Grimmelmann served four terms as AZ InfraGard's President from 2009-2012, serves today on numerous academic advisory boards, co-Chairs the Greater Phoenix Chamber's Cybersecurity Workforce Collaborative initiative, and is an engaged Member of the Arizona Technology Council's Cybersecurity Advisory Board.  In 2019, Mr. Grimmelmann was honored by the FBI, and the Board of Directors of both ACTRA and Arizona InfraGard as the first recipient of Arizona InfraGard's ‘Visionary Award' for creating the ACTRA framework  over his last 2 terms as Arizona InfraGard's President, and ACTRA's resulting collaboration between law enforcement/ intelligence agencies/USCYBERCOM, and its public, private and academic organizations over the past 7 years.   He was simultaneously recognized by the FBI's then Deputy Director for his contribution over the years. He remains an active Member of InfraGard since 2003 and an active Lifetime Member of the FBI Citizens Academy since 2006.   Since 2002 he has devoted his full-time attention to protecting our nation's critical infrastructure and national security interests, through eliminating unnecessary silos that hinder communication, allowing  us to respond to today's increasing threat from our cyber adversaries, and in turn permitting ACTRA's Member Organizations to protect their critical infrastructure and our national security interests, while protecting their organization's assets .   Educationally, he holds a dual MBA in International Business and Finance from the University of California at Berkeley and brings decades of experience as a senior executive in finance, healthcare and government, prior to focusing on Cybersecurity in response to 9/11.          Notes:   Seg 2   Cyber threats affect everybody, business, personal, and government. Cyber crime is a fact of life that we need to live with it, but stay ahead.   Criminals are on the offense and only have to be correct 1% of the time. Everybody else is playing defense and has to be right 100% of the time.   AI is an advanced tool that is turned out to be a two edge sword, can help and hurt. AI can only catch so much but can give a few of what is going on.   This is a matter of national security, dealing with homeland security and many other departments of the government.   You have threat intelligence to determine roles on how you're going to handle hackers and ransom ware. Hackers can be local or foreign.   All companies need a cyber policy and some sort of rapid tactical response.   Cyber attacks are an ever growing threat to people and businesses, and continue to surge in 2024. There was 107% surge in malware attacks.   These are on corporate computers, computers at work or home computers or even Home devices like Ring. You get a text through devices, phishing attacks.   Company business email can be compromised in an attack, people's passwords come out and it leads to millions of dollars in losses. Elderly people are very vulnerable, 353,000 attacks.   You have supply chain threats by terrorist and nation state actors. There was a recent attack on United Healthcare for 100 million. People‘s information was exposed. This led to a $22 million ransom payment.   Cyber attacks cause $2.9 billion in damages. Companies are paying ransom to faceless criminals. Very tough for the FBI to be tracking down on these criminals and try to fend off the extortion of stolen data.   Payments for ransom could be made through Bitcoin, which is difficult to trace, though it leaves somewhat of a forensic trail. Constant need for regulation and oversight from the government.   Famous incident last year was not even an attack, but the Crowdstrike software update. ACTRA had a quick response that day. One that helps clients and partners recover fast. In a similar instant, Delta was down for weeks with computer problems.   When you think about what goes on with banks back to 2008 - what loans they have on balance sheet and then off balance sheet securitized - not regulated like normal loans.   Issues with underwriting standards on loans. Not even sure what can be affected in a Cyber attack. Off balance sheet loans and debt is similar to crypto or Bitcoin where it is not being regulated.   PPD-41 was a directive to show responsibilities of government agencies and dealing in cyber. You had homeland security as a defensive arm to protect the nation's assets.   Enforcement is done in the US by the FBI. Overseas it's done by US Cyber Command.     Seg 3   Frank background in the 1990s in private business, worked in healthcare. Then was the chief info officer and the only 2000s at clinical in Stanford. Healthcare is very vulnerable.   Post 9/11 he worked with FBI outreach program called InfraGuard on how to share intelligence with cyber threats. Needs to be treated like terrorism or criminal acts, though they're taking stolen IP. Need to move to a more stable world.   2011 study was done by government organizations to review the process and make recommendations on how to deal with counterterrorism and cyber.   90% of the critical infrastructure in the US is in the private sector. They do need Fed level help, but have also have a local response. Cyber threat actors move quickly and act like a terrorist organization.   General Stanley McChrystal had a great quote, ‘It takes a network to defeat a network.' Cybersecurity is everyone's problem. You need education and organization. This is a 5th generation problem and you have to be adaptive.   ACTRA is a nonprofit dealing with cyber security. They've got pillars of empowerment, trust technology and intelligence. Need for the private companies to develop to train and recruit to handle this threat.   They created a model which allows to bring the fight on offense - and all work together sharing information. Virtual response team, small and big with the private sector as a partner.   ACTRA is a hub for info, and keeps its member information private. Some members are public like Arizona State. Actual model can be used for the rest of the nation. Government and private cannot do it alone. Not all states have this type of organization, but probably need it.     Seg 4   ACTRA started in January 2013. Give U.S. states a model for cyber security. Collective defense and share information with public and private organizations. The goal is to breakdown silos between government and the corporate world.   Not just a thing tank, has an active model. Review of ACTRA model is best in the country and a good hub for response and info.   In 2015, they helped Wisconsin create their own state organization for cyber threats. Soon after, Maryland created one using ACTRA as a model. Needs to be an effort of collaboration, merge the construct of entrepreneur spirit to take action.   So the government cyber threats are handled nationally at a Fort Meade, where the NSA is.   Frank's background in business in finance and healthcare fields.   Info is useless if not used for action. You need actionable intelligence that is current to take down a threat. You need more than continuing education and certificates for people, must go beyond this.   Virtual response team like a local militia who can help protect assets. Going after cyber criminals can be a little bit like a whack a mole.   Overtime, hopefully there will be a national strategy for info sharing. A type of decentralized and local organization that work with government.   The private sector owns the vast amount of data so they have to determine who they're going to share it with and how.   Defend vs Cyber fast while still working within the spirit of the law.       Seg. 1 Clips from Related Shows: Cybersecurity, Disruption, Blockchain & Terrorism w Ari Redbord of TRM Labs - BRT S02 EP31 (78) 8-1-2021     What We Learned This Week Cybersecurity is extremely important industry for national security TRM Labs startup in cyber-security, monitors blockchain OFAC - Gov't administers economic and trade sanctions Ransomeware – specific breach, takeover of a computer system, holds data hostage Programatic Money Laundering – bad guys create new addresses, create ‘shell' companies   Guest: Ari Redbord, Head of Legal and Government Affairs w/ TRM Labs https://www.linkedin.com/in/ari-redbord-4054381b4/ https://www.trmlabs.com/post/trm-labs-appoints-ari-redbord-as-head-of-legal-government-affairs   Ari is formerly a US Attorney, and worked in the Treasury Department, now advises the Government on cybersecurity, and Blockchain. Cybersecurity is a fast growing and extremely important industry for national security, and corporate interests. There are Nation States acting as bad players in the cyber realm and targeting the US Government and US business. We discuss the advancements in technology on cyber crime, blockchain, crypto, and online fraud. How is the FBI dealing with Ransomware, and other cyber attacks on prime targets like the Colonial Pipeline, or other big corps. What Regulations are coming in banking, and Fintech, with KYC (Know Your Customer), plus the big banks like JP Morgan Chase and Goldman are on board.  What the blockchain ledger can help solve in security, to monitor criminal activity in real time with the help of crypto exchanges like Coinbase.  Lastly, what TRM Labs does for clients, how they advise, operate, and who they work with.   Full Show: HERE     Phishing, Malware & Cybersecurity - Try Not to Get Pwned - BRT S02 EP47 (94) 11-21-2021   What We Learned This Week:   Have I been Pwned? Means have I been breached / hacked – did someone hack my email or website Phishing – most common type of email threat, like when you receive a strange email with a link – Do Not Open – DELETE (and alert other office staff of the email) Ramsonware – hack your website, or data – hold it hostage for an extortion ‘ransom' payment Dark Web – where stolen data, & info is being bought & sold VPN Connections – direct and secure   Guests: Vince Matteo, Seven Layer Networks, Inc. https://sevenlayers.com/ Vince Matteo is a certified penetration tester, a security researcher, and a senior consultant at Seven Layers (.com) where he focuses on securing small businesses.  Vince is the author of "Hacking 101 – A Beginner's Guide to Penetration Testing", he's a bug bounty hunter with 17 published critical vulnerabilities, and he's presented talks on offensive hacking at security conferences -- most recently GrrCON in Grand Rapids, MI and BSides in College Station, TX.  Outside of work, Vince is an accomplished endurance athlete, an Ironman age group champion, and in his spare time, you can find him in the desert -- training for the next hundred-mile ultramarathon.    Full Show: HERE     Biotech Shows: https://brt-show.libsyn.com/category/Biotech-Life+Sciences-Science   AZ Tech Council Shows:  https://brt-show.libsyn.com/size/5/?search=az+tech+council *Includes Best of AZ Tech Council show from 2/12/2023   Tech Topic: https://brt-show.libsyn.com/category/Tech-Startup-VC-Cybersecurity-Energy-Science  Best of Tech: https://brt-show.libsyn.com/size/5/?search=best+of+tech   ‘Best Of' Topic: https://brt-show.libsyn.com/category/Best+of+BRT      Thanks for Listening. 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Ari Redbord, Global Head of Policy and Government Affairs at TRM Labs, discusses their 2024 Crypto Crime Report, Trump's Executive Order on digital assets and related issues for 2025.

Dr. Ellen Feingold curates the National Numismatic Collection at the Smithsonian's National Museum of American History — over 1,000,000 pieces of financial history going back 4000 years. This month she adds the laptop that former IRS-CI Agent Chris Janczewski used to investigate the Bitfinex Hack which led to the largest monetary seizure in US history. In this TRM Talks, Ari Redbord, TRM's Global Head of Policy, sits down with Dr. Feingold and Mr. Janczewski, now TRM's Head of Global Investigations, to discuss the history of money and why a 2019 MacBook Pro belongs in the Smithsonian. Today's Guests Dr. Ellen Feingold, Curator of the National Numismatic Collection, The National Museum of American History, Smithsonian Institution Chris Janczewski, Head of Global Investigations, TRM Labs Host: Ari Redbord, Global Head of Policy, TRM Labs Resources TRM Blog | Ilya Lichtenstein and Heather "Razzlekhan" Morgan Sentenced In The Bitfinex Case As Government Recovers $10 Billion in Stolen Funds: https://bit.ly/4eATJE7 Smithsonian Podcast – Sidedoor | Bitcoin Bank Heist: https://www.si.edu/sidedoor/bitcoin-bank-heist TRM Blog | The Rise of Monero: Traceability, Challenges, and Research Review: https://bit.ly/4fR88wZ

In the 163rd BlockTalks we speak with Ari Redbord, Global Head of Policy and Government Affairs at TRM Labs, who shares about the life of running around the world to engage with regulators TRM Talks: https://open.spotify.com/show/2f9v6MaVkzI5qetfJCWSKP?si=F2kwBhWOQcWtlIj7I5X05w The Weekly Roundup Newsletter https://www.linkedin.com/newsletters/the-weekly-roundup-7188643391390343168 . Redes sociais / comms.. Instagram.com/blockdropspodcast.. Twitter.com/blockdropspod.. Blockdrops.lens .. https://warpcast.com/mauriciomagaldi.. youtube.com/@BlockDropsPodcast.. Meu conteúdo em inglês twitter.com/0xmauricio.. Newsletter do linkedin https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7056680685142454272.. blockdropspodcast@gmail.com

Imagine this: invisible robbers break into a bank and steal massive sacks of cash, but instead of running away with it they set their haul on the front stoop of the bank in a glass case. Everyone can see the money, but only the robbers can get to it. That's how IRS Special Agent Chris Janczewski describes the 2016 Bitfinex heist – when mystery hackers made out with over $70 million in Bitcoin. By 2020, their loot had ballooned to over $4 billion. With only digital footprints to follow, federal agents tracked the criminals through the blockchain, across the dark web, and up the service elevator of a posh Manhattan apartment building in a sleuthing story that ends at the Smithsonian. The renovated The Value of Money exhibition will be opening at the National Museum of American History in November 2024. Check it out in person or online!Guests:Ellen Feingold, curator of the National Numismatic Collection at the Smithsonian's National Museum of American HistoryZia Faruqui, United States Magistrate Judge at the District Court for the District of Columbia Ari Redbord, Ari Redbord is the Global Head of Policy at TRM LabsChris Janczewski, Head of Global Investigations at TRM Labs, previously a special agent with IRS-CI Cyber Crimes Unit

In the episode of TRM Talks, Ari Redbord, TRM's Global Head of Policy, sits down with crypto lawyer Matt McGuire, Partner at Arktouros, to get his perspective on the key legal issues in the cryptoverse. Their discussion covers the gambit: sanctions to securities, consumer protection to anti-money laundering, privacy and security, and the legal issues and battles of today that could define the cryptocurrency space for years to come. Today's Guest Matt McGuire, Partner, Arktouros Host: Ari Rebord, Global Head of Policy, TRM Labs

For over a decade Treasury's Financial Crime Enforcement Network (FinCEN) has been providing guidance and taking enforcement actions in the virtual assets space. In 2013 guidance FinCEN clarified that the US anti-money laundering regime applies to cryptocurrency businesses paving the way for enforcement against non-compliant virtual asset service providers. However, questions still remain. How does the BSA apply to DeFi? What role do mixers and anonymity enhancing technology play in the ecosystem? In this TRM Talks, Ari Redbord, TRM's Global Head of Policy sits down with Kevin O'Connor, Chief of FinCEN's Virtual Assets and Emerging Technology Section of the Enforcement and Compliance Division, to discuss FinCEN's crypto strategy to answer these and other questions. Today's Guests Kevin O'Connor, Chief of FinCEN's Virtual Assets and Emerging Technology Section of the Enforcement and Compliance Division Host: Ari Rebord, Global Head of Policy, TRM Labs

In this episode of Beyond the Code, Yitzy Hammer sits down with Ari Redbord, the Global Head of Policy at TRM Labs, to discuss the intersection of cryptocurrency and national security. Ari shares his journey from a federal prosecutor focusing on local crime and national security cases to his current role at TRM Labs. They delve into the complexities of regulating crypto, the role of blockchain in combating illicit finance, and the innovative work TRM Labs is doing to create a safer financial system. Ari also provides insights into the evolution of crypto regulation, the importance of a strong mission in building a company, and the exciting developments happening at Duke University's Digital Assets program. Whether you're a crypto enthusiast, a legal professional, or simply curious about the future of digital assets, this episode offers a wealth of information and inspiration. Make sure to check out TRM Talks and follow our brand new Beyond the Code LinkedIn page. Time Stamps: [00:00] - Introduction and background of Ari Redbord [01:22] - Ari's journey in the federal justice system [02:51] - Early career and experiences as a federal prosecutor [03:54] - Transition to national security and money laundering cases [04:48] - Involvement with crypto in federal cases [06:20] - The impact of Facebook's Libra on crypto regulation [08:05] - Learning resources during the early crypto days [10:46] - Using blockchain to trace illicit activities [12:23] - Overview of TRM Labs and its role in the crypto ecosystem [15:42] - Differentiating TRM Labs from other blockchain analysis tools [16:40] - Ari's role and experiences at TRM Labs [19:14] - Providing data-driven insights to regulators and policymakers [21:08] - The mission-driven approach of TRM Labs [23:56] - Personal passion for crypto and blockchain technology [27:06] - The need to reduce friction in the crypto space [29:42] - Ari's involvement with Duke University's digital assets initiatives [32:09] - The potential of blockchain for certifications and degrees Tune in to hear about: Ari's background and career path in the federal justice system The challenges and opportunities in regulating cryptocurrencies TRM Labs' role in tracking illicit finance and supporting law enforcement The importance of values and mission in building a successful company Innovations and use cases in the blockchain space, including insights from Duke University's Digital Assets program Don't miss this insightful conversation that bridges the gap between technology, policy, and security in the rapidly evolving world of crypto.

From the largest darknet markets to the most dangerous ransomware groups, German authorities have been involved in the most important crypto-related investigations and takedowns in recent years. In this TRM Talks, Ari Redbord sits down with Jana Ringwald, Senior Public Prosecutor, Prosecutor General's Office in Frankfurt, to discuss how she works with law enforcement, the private sector and with global partners to fight cybercrime. Today's Guests Jana Ringwald, Senior Public Prosecutor, Prosecutor General's Office in Frankfurt Host: Ari Rebord, Global Head of Policy, TRM Labs

IT Setup & Cybersecurity w/ Luciano Aguayo of Redgear AZ TRT S05 EP07 (222) 2-18-2024  What We Learned This Week RedGear provides turnkey IT solutions for clients. Outsource IT to shift liability IT often an afterthought, when it should be a major priority - lifestyle of tech in a business Data is lifeblood of a company, need security Cybersecurity is just one part, need to monitor physical location, who has access, email, etc   Guest: Luciano Aguayo of Redgear https://redgear.com/     Luciano Aguayo is a Texas native, and an active member and contributor to the Southwest Technology community. His professional career spans a diverse industry portfolio and has held various titles and certifications at the senior engineering and senior management levels. Luciano specializes in designing and implementing turnkey complex infrastructure solutions. For the past 20 years Luciano has designed and implemented numerous infrastructures for regional and local school districts, has a diverse portfolio of local and international businesses, including the federal government, and key Southwest landmarks and attractions. After several years in the private sector and after building a loyal customer base, Luciano launched RedGear in 2016. RedGear is a regional business to business technology solutions company. Since its inception, RedGear has quickly grown to 4 locations, 50+ employees, and recently opened a regional office in Phoenix, Arizona. Luciano remains active in the technology industry helping oversee the portfolio of one of Southwest's largest developers. He also is an active member of El Paso Community College ITSC Advisory Committee He also owns and operates El Paso's newest carrier neutral datacenter. He brings effective and proven leadership and mentoring qualities and has an eye for detail when managing projects. He has a passion for technology, giving back to the community, and mentoring the future generations of Engineers. 20+ years experience in: Cisco CCNP Routing and Switching, Cisco Nexus Datacenter, CCNP Voice, CCDA, Cisco Security, Cisco WLAN, Cisco Unified Communications (VoIP), Citrix CCA, Citrix Xen Desktop, Citrix XenApp, MCSE, MCSA, Operating Systems Troubleshooting, Hardware/Software Troubleshooting, Advanced Windows Server Configuration and Troubleshooting, VM Ware, Enterprise Design, Implementation, solutions, IT Consulting, and much more.   RedGear RedGear provides professional technology services, equipment, and consulting in the Southwest US region. Our entire culture is built around supporting business infrastructures, while building relationships and delivering an exceptional customer service experience and always keeping our customers best interest a top priority. We've built our success by reputation, quality of work, professionalism, and always being there for clients every step of the way whenever they need us. Our services, certifications, experience, and expertise cover the entire spectrum of Information Technology that no other regional technology service provider can match. We manage all aspects of Technology so the customer can focus on running their business. Our company vision is based on delivering premier customer service by employing and retaining top talent that believes in our mission, we work hard to provide trusted, honest, immediate, and excellent IT services to every client, no matter how big or small. No more wondering what kind of support you will receive. Our staff is certified in numerous fields, to offer the upmost reliable support. Our experience is vast covering all sizes of organizations and industries.     Notes: Seg 2   Redgear     IT company responsible for security of their clients. IT is a lifestyle. RedGear value proposition is turkey solutions. They are your smart friend to help with tech.   Support IT for small businesses. They also have larger enterprise type clients. They act as a consultant, and can screen for a CTO or a CIO for a company.   IT should be a priority of companies yet, it is often an afterthought. Need to understand how to secure an IT room, not just in software, but also the actual room itself. Who has access?   RedGear works in the tech and security industry which is the backbone of all organizations and compliance. People hire RedGear to outsource and shift liability. IT in its simplest form is anything that you plug into the wall and connect to the Internet. It can also mean security.   Trust of your IT provider, and keeping business contingency. Question, businesses always have to answer is how long can they stay down with an interruption and survive. Plus what is their plan for data retention.   IT can be about network, connections, computers, hardware, and the actual Physical IT room. Can also deal in cyber security and password resets. IT has both software as well as hardware like servers and programming applications.   Luciano has 20+ years of experience working in IT and technology. Information Technology not always the priority of many companies but it really should be. Need a plan going forward to manage security and data in all businesses.   You have to determine what's going to be your budget based on the size of the business. Not uncommon to outsource to companies like RedGear. Also need to think about the physical aspects of IT, like is your room secure?   What type of energy your BTU air conditioner usage are you using? Who has control, how cool is it. Who has access to the room? What is your electrical circuit set up?   Do you have redundancy? Or electrical circuit separate and dedicated to the IT. What is your data or cloud storage like?     Seg 3   IT is the backbone of many organizations and should be a priority.   Need to hire trustworthy people, as well as outsource IT to trustworthy companies. There's no perfect set up. Unfortunately, security breaches are more question of When, and not if.   One of the worst stories about IT Luciano ever heard of was the janitor storage closet was the same as the IT room. Another issue with a lot of IT rooms is they don't have good cooling. IT should be a separate room with good security.   You want to also have video security and badge access. Physical access of an IT room is very underrated. Security is the biggest threat to the end-user. You have to know when a breach happens.   How did it happen? It could be software but often it's actually the employees as a threat. They need to pay attention to what is going on and types of emails they get.   Also, sometimes security breaches are an inside job. Companies need to test and educate their staff about IT.   Once Malware gets in to the system it can take over accounts and send email as the person. Phishing scams unfortunately are still very popular with emails.   Good email security typically will filter out malicious emails. Then you waitlist your contact, so you know who it's OK to email. All these need to examine emails.     Seg 4   IT reviews & monitors compliance, so a company must determine a budget.   Data is the gold of companies now. Data contains the companies processes, industry secrets, and private employee and customer info. It is crucial to have a backup of company data, typically onsite and secured, plus offsite in the cloud. You'll always want to build in redundancy and have backup servers for data.   Good IT set up will have disaster recovery. As for the physical set up and protecting data, you want to be aware of how your sprinkler system is set up. You always have to guard against disgruntled employees, who could steal or delete company data.   Your IT provider needs to know the industry and have good experience to engineer the proper solution.   RedGear has worked with some top level clients, including the DEA in Washington DC on a federal level. Their cyber security needs to be top-of-the-line.   It is not in common for the average big company to deal with corporate attacks where hackers try to steal data, and then even hold it hostage for ransom.   Common practice nowadays is for a business to have cyber security liability insurance. The application for the insurance will ask about the physical environment and the set up of the IT and data.   The medical industry has updated cyber and HIPAA compliance. It is essential to have good IT, hospitals and any major medical office.   RedGear is your IT smart friends. They will always give you recommendations of good better and best.         Seg 1. – Related IT Clips from:   Phishing, Malware & Cybersecurity - Try Not to Get Pwned - BRT S02 EP47 (94) 11-21-2021   What We Learned This Week:   Have I been Pwned? Means have I been breached / hacked – did someone hack my email or website Phishing – most common type of email threat, like when you receive a strange email with a link – Do Not Open – DELETE (and alert other office staff of the email) Ramsonware – hack your website, or data – hold it hostage for an extortion ‘ransom' payment Dark Web – where stolen data, & info is being bought & sold VPN Connections – direct and secure   Guests: Vince Matteo, Seven Layer Networks, Inc. https://sevenlayers.com/   There are many different types of cyber attacks from a password breach, website hack to email phishing scams. Vince Matteo of Seven Layers (.com) gives advice on what to be on the lookout for, tips for protection, and some reference sites for more info. We discuss Email Phishing scams, spearphishing attack, password breaches, website hacks, data breaches, ramsonware, software and VPNs.   Full Show: HERE       Cybersecurity, Disruption, Blockchain & Terrorism w Ari Redbord of TRM Labs - BRT S02 EP31 (78) 8-1-2021     What We Learned This Week Cybersecurity is extremely important industry for national security TRM Labs startup in cyber-security, monitors blockchain OFAC - Gov't administers economic and trade sanctions Ransomeware – specific breach, takeover of a computer system, holds data hostage Programatic Money Laundering – bad guys create new addresses, create ‘shell' companies Guest: Ari Redbord, Head of Legal and Government Affairs w/ TRM Labs https://www.linkedin.com/in/ari-redbord-4054381b4/ https://www.trmlabs.com/post/trm-labs-appoints-ari-redbord-as-head-of-legal-government-affairs   Ari is formerly a US Attorney, and worked in the Treasury Department, now advises the Government on cybersecurity, and Blockchain. Cybersecurity is a fast growing and extremely important industry for national security, and corporate interests. There are Nation States acting as bad players in the cyber realm and targeting the US Government and US business. We discuss the advancements in technology on cyber crime, blockchain, crypto, and online fraud. How is the FBI dealing with Ransomware, and other cyber attacks on prime targets like the Colonial Pipeline, or other big corps. What Regulations are coming in banking, and Fintech, with KYC (Know Your Customer), plus the big banks like JP Morgan Chase and Goldman are on board.  What the blockchain ledger can help solve in security, to monitor criminal activity in real time with the help of crypto exchanges like Coinbase.  Lastly, what TRM Labs does for clients, how they advise, operate, and who they work with.     Notes: TRM Labs – blockchain security biz, works with law enforcement and businesses. Financial exchanges and Regulators. Monitor cyber-security - TRM – startup, 3 yrs old, Ari joined 2021. Monitor risk in crypto currency.     Full Show: HERE     Best of Biotech from AZ Bio & Life Sciences to Jellatech: HERE   Biotech Shows: HERE   AZ Tech Council Shows:  https://brt-show.libsyn.com/size/5/?search=az+tech+council *Includes Best of AZ Tech Council show from 2/12/2023     ‘Best Of' Topic: https://brt-show.libsyn.com/category/Best+of+BRT     Thanks for Listening. Please Subscribe to the BRT Podcast.     AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business.  AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving.  Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more…    AZ TRT Podcast Home Page: http://aztrtshow.com/ ‘Best Of' AZ TRT Podcast: Click Here Podcast on Google: Click Here Podcast on Spotify: Click Here                    More Info: https://www.economicknight.com/azpodcast/ KFNX Info: https://1100kfnx.com/weekend-featured-shows/     Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.

In the latest episode of Block Stars, David Schwartz, Ripple CTO, teams up with leading experts Ari Redbord, Global Head of Policy and Government Affairs at TRM Labs and Ronghui Gu, Co-Founder of CertiK to unravel the complexities of blockchain security. - Explore the evolution of blockchain security over the past decade, highlighting XRPL's stability and the opportunities and risks posed by smart contracts.- Delve into the intricacies of blockchain security, discussing the latest advancements, challenges, and strategies for safeguarding digital assets.- Gain valuable predictions and forecasts for the future of blockchain security, including emerging threats, regulatory trends, technological innovations. Join us for an enlightening discussion as we navigate the changing landscape of blockchain security and empower users to protect themselves in the digital age.

Shortly after the Oct. 7 terrorist attack on Israel, the U.S. Treasury Department sanctioned a virtual currency exchange in Gaza that it said had facilitated transactions for Hamas using decentralized digital currencies. Former federal prosecutor Ari Redbord joins Ali Rogin to discuss how terrorist groups are using cryptocurrency to fund their operations and how law enforcement is responding. PBS NewsHour is supported by - https://www.pbs.org/newshour/about/funders

Shortly after the Oct. 7 terrorist attack on Israel, the U.S. Treasury Department sanctioned a virtual currency exchange in Gaza that it said had facilitated transactions for Hamas using decentralized digital currencies. Former federal prosecutor Ari Redbord joins Ali Rogin to discuss how terrorist groups are using cryptocurrency to fund their operations and how law enforcement is responding. PBS NewsHour is supported by - https://www.pbs.org/newshour/about/funders

On this day in legal history, we have another dark period in United States Supreme Court history–on November 3, 1884, the Supreme Court ruled in Elk v. Wilkins that John Elk, a Winnebago man, was not a citizen entitled to protection of the 14th and 15th Amendments of the US constitution.Today we delve into a disheartening chapter of the United States Supreme Court annals with the case of Elk v. Wilkins, 112 U.S. 94, decided on November 3, 1884. The case centered around John Elk, a member of the Winnebago Tribe, who argued that his residence in Omaha, Nebraska accorded him citizenship under the recently adopted Fourteenth Amendment. The crux of the argument lay in the interpretation of the phrase “subject to the jurisdiction thereof” within the amendment, which Elk contended included Native Americans residing off reservations.The Supreme Court, however, held in a 7-2 decision that Elk was not “subject to the jurisdiction” of the United States at birth merely by virtue of his domicile within the United States. The majority opinion, penned by Justice Gray, drew a sharp distinction between allegiance by birth within the territorial dominion and mere residence. It underscored the prevailing notion of the era that tribal nations held a distinct status, which placed them outside the immediate jurisdiction of the U.S., hence their members were exempt from the automatic citizenship provision of the Fourteenth Amendment.The dissenting opinions, though obviously in the minority, recognized the grave injustice and marginalization inflicted upon Native Americans. Justice John Marshall Harlan, nicknamed “The Great Dissenter” owing to his penchant for getting the argument right in his dissents, authored a contrary opinion. The dissenters argued for a broader interpretation of the Fourteenth Amendment, contending that its framers intended to extend citizenship to all persons born within the territorial limits of the United States. The case underscored the Supreme Court's complicity in perpetuating the marginalization of Native Americans during that epoch.The implications of Elk v. Wilkins were profound and far-reaching, fostering a climate of legal exclusivity and racial discrimination. It wasn't until over half a century later, with the enactment of the Indian Citizenship Act of 1924, that all Native Americans were granted U.S. citizenship. This case remains a bleak reminder of the judicial hurdles marginalized groups have faced in their fight for equality and recognition under the law. Through its narrow interpretation of citizenship, the Court in Elk v. Wilkins reflected and reinforced the prejudiced attitudes of its time, contributing to a legacy of disenfranchisement that took many decades to begin to undo.After a month-long trial, Sam Bankman-Fried, associated with the FTX exchange, was found guilty of seven counts of fraud and conspiracy, following a fast deliberation by the Manhattan jury. This verdict came as a victory for Manhattan US Attorney Damian Williams, marking a significant prosecution in the crypto sphere. Bankman-Fried, once at the helm of a $32 billion valued FTX, now faces a potential maximum of 20 years in prison for each serious charge, with sentencing scheduled for March. The prosecution accused him of orchestrating a large-scale fraud, diverting FTX customer funds to an affiliated hedge fund, Alameda Research, for risky investments and personal expenditures, eventually leading to the bankruptcy of both entities.This case underscored vulnerabilities within the crypto sector, stirring diverse industry reactions. Some saw it as a step towards a more regulated future, while others saw it as a testament to the sector's inherent flaws attracting criminal activities. Unlike other high-profile fraud cases, the verdict here was reached swiftly, contrasting notably with the eight-day deliberations in the fraud cases of Elizabeth Holmes and Bernie Ebbers. The trial revealed a complex narrative with testimonies from Bankman-Fried's close associates, all implicating him in the fraud, showcasing the human drama entwined with the legal proceedings.Bankman-Fried's defense portrayed him as a dedicated individual caught in a deteriorating situation, while Ari Redbord highlighted the case's significance due to the size of the fraud and Bankman-Fried's fall from grace. The conviction paints a grim picture for Bankman-Fried, whose legal team is considering an appeal, reflecting an ongoing saga of legal battles within the evolving landscape of cryptocurrency markets.SBF Faces Decades in Prison After Swift Guilty Verdict (4)In a preliminary verdict, a California State Bar Court judge found John Eastman, an attorney for former President Trump, culpable on 11 counts of moral and legal violations, concerning his alleged conspiracy to overturn the 2020 presidential election results. This followed 32 days of testimony, with Judge Yvette Roland indicating that the case would proceed to rebuttal and aggravation phases. Eastman, earlier on, invoked his First Amendment rights, claiming his statements were made as a private citizen, not as counsel to Trump, especially concerning remarks made before the Jan. 6 Capitol raid.Eastman, a former law professor, upheld his stance that illegalities in ballot counting and local election authorities' actions without legislative authorization invalidated the election. He also testified that Vice President Mike Pence had the authority to delay electoral ballot counting to allow states to resolve disputes, a claim refuted by Pence's and White House legal counsel. The trial, aiming potentially to revoke Eastman's license, is set to continue with closing arguments and testimonies from election officials.Stanford University political science professor Justin Grimmer criticized Eastman's analysis methodology, particularly regarding signature rejection rates on absentee ballots in Georgia, labeling the assumptions and errors in Eastman's court filings as “ridiculous.” Grimmer, through his testimony, highlighted that 90% of the lower rejection rates were due to early ballot returns and changes in absentee ballot envelope design, discrediting Eastman's claims. His stance was supported by a National Academy of Sciences article he co-authored, debunking statistical claims challenging the 2020 election outcome.The upcoming aggravation phase will see election professionals providing evidence against Eastman, emphasizing the harm caused by false claims of election fraud, including harassment of election officials and undermined public trust. Eastman will have an opportunity to rebut evidence before the post-trial briefing deadline on Nov. 22. Judge Roland will then have 90 days to issue a decision, subject to appeal, with the California Supreme Court making the final judgment on disciplinary actions against Eastman.Eastman Preliminarily Found Culpable in California Bar Trial (1)Nascar, along with Rev Racing, a team it supports for developing female and minority drivers, has been accused of exhibiting bias against white men amid its diversity initiatives, according to claims by America First Legal, a conservative legal group led by former Trump adviser Stephen Miller. Miller, you will remember, is the gent that went after Kellogg's, accusing them of making Pop-Tarts gay. His group has approached the US Equal Employment Opportunity Commission (EEOC) to investigate the alleged "illegal discrimination against White, male Americans" by Nascar and Rev Racing. Over the recent year, America First Legal has leveled accusations against numerous companies, like Morgan Stanley, Major League Baseball, McDonald's, and Starbucks, asserting that their diversity, equity, and inclusion (DEI) programs are discriminatory.The EEOC has not yet publicly responded to these requests from America First Legal, which if pursued, could potentially place the agency in a challenging position of scrutinizing corporate measures intended to diminish workplace discrimination. The conservative group argues that the DEI initiatives by Nascar and Rev Racing, which include a "diversity driver development program," "diversity pit crew development program," and a "NASCAR diversity internship program," infringe on Title VII of the Civil Rights Act of 1964 that prohibits discrimination based on race and sex.These programs initially stated they were designed for women and ethnic minorities but were amended on September 1 to express a focus on applicants from "diverse backgrounds and experiences," as per the information in the letter from America First Legal to the EEOC. Despite this change in phrasing, the group contends that Nascar and Rev Racing persist in executing unlawful hiring practices under the guise of a "diverse backgrounds and experiences" rebranding. As of now, a spokesperson for Nascar has not provided a comment regarding these allegations.Nascar Accused of Bias Against White Men in Diversity EffortsEric Trump is anticipated to undergo further questioning in a New York fraud trial concerning the Trump Organization's alleged inflation of asset values to obtain favorable terms from lenders and insurers. Despite his claims of being unaware of the financial estimates of various assets under scrutiny, evidence presented in court suggests Eric Trump was part of the decision-making process regarding asset valuations. Judge Arthur Engoron has already established that fraudulent inflation occurred, with the trial now focusing on determining the penalties. New York Attorney General Letitia James is advocating for substantial penalties, including up to $250 million in fines and a prohibition on the Trumps owning companies in New York.Eric Trump has denounced the allegations, accusing James and Engoron of political bias, which has resulted in a $15,000 fine for violating a limited gag order. The trial, expected to run through December, is part of multiple legal challenges faced by the Trump family, amidst Donald Trump's efforts to secure the Republican presidential nomination for the upcoming election, despite facing 91 felony charges across four separate criminal cases. The trial has also featured testimonies from other key figures, including Michael Cohen and Donald Jr., both shedding light on the inner workings of the Trump Organization's asset valuation processes during Donald Trump's presidency.Eric Trump to face more tough questions in NY court about fraud | ReutersOn November 2, attorneys representing Rudy Giuliani, former New York City Mayor and personal lawyer to former President Donald Trump, appealed to the Washington, D.C., Board of Professional Responsibility to dismiss a recommendation aimed at disbarment concerning his involvement in a lawsuit challenging the 2020 election results in Pennsylvania. Giuliani's lawyers argued his role was minor in the suit which sought to nullify numerous votes in Pennsylvania. John Leventhal, Giuliani's attorney, mentioned the lawsuit was inherently flawed, and Giuliani had little scope to enhance it upon his involvement.In July, a committee proposed Giuliani's disbarment, citing violations of two legal ethics rules associated with the "frivolous" lawsuit. It highlighted Giuliani's unsubstantiated allegations of widespread voter fraud. Hamilton "Phil" Fox, leading the D.C. disciplinary office, stressed that a lesser sanction than disbarment would be "virtually meaningless," criticizing Giuliani for showing no remorse.In the hearing, board members queried if the lack of sanctions by federal judges, who had dismissed Giuliani's lawsuit earlier, should be considered. Fox responded that the professional rules in discussion do not necessitate a prior judicial misconduct finding. Barry Kamins, another lawyer for Giuliani, found it concerning that the committee seemed to overlook Giuliani's past achievements, although board chair Bernadette Sargeant questioned if these accomplishments enabled him to pursue a frivolous lawsuit.The nine-member board plans to deliver its opinion later, with the D.C. Court of Appeals having the ultimate authority on disciplinary decisions regarding D.C.-licensed lawyers. This development is part of Giuliani's broader legal challenges, as he alongside Trump and other attorneys, faces criminal charges in Georgia's Fulton County for purportedly assisting in efforts to overturn the election results, charges to which Giuliani has pleaded not guilty.Giuliani urges ethics board to reject D.C. disbarment bid over election case | Reuters Get full access to Minimum Competence - Daily Legal News Podcast at www.minimumcomp.com/subscribe

In this episode, TRM's global policy team - Ari Redbord, Isabella Chase and Angela Ang - got together, in-person, to dissect the latest regulatory news of the quarter. The result was a 20-minute rapid fire, wide-ranging discussion of macro and micro digital assets policy across the globe. From the UK to the U.S., the EU to Australia and beyond, TRM's Policy Team discussed the U.S. Treasury's recent proposed rule on mixers, what may be coming for DeFi regulation, and took viewers on a journey around the world for the latest on crypto policy and regulatory developments.

There's an assumption that cryptocurrency is particularly useful to bad actors and terror organizations... but how true are these assumptions? This is a question on the top of Nicole's mind as she continues to follow the money trail of Hamas' terrorist attack in Israel. To help her answer this question, Nicole speaks with Ari Redbord, the Global Head of Policy at the blockchain intelligence company TRM Labs.

The second week of Sam Bankman-Fried's criminal trial is underway, bringing emotional testimony from SBF's ex-girlfriend and former Alameda CEO Caroline Ellison, along with some surprising stories about alleged bribes to Chinese officials and discussion about reaching out to the Saudi Crown Prince for help. Ari Redbord, Global Head of Policy at TRM Labs, discusses why the question of who was actually in charge is so critical to the case, the defense's strategy to discredit Caroline Ellison, and why sidebars in the courtroom can get so heated.  Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform. Show highlights: Why Caroline Ellison is a critical witness on a "number of levels," according to Ari What a software developer at FTX revealed about whether SBF was directing trades Why a lawyer's body language is something the jury looks out for  Why there have been so many sidebars in the trial and why they can sometimes get heated  The reason why the lawyers, particularly the defense team, have been so repetitive with their questions Considering the long prison sentence SBF is facing, why Ari "doesn't understand" SBF's decision to push forward with the trial  Whether, after three days of testimonies, Ellison has come out as a credible witness for the jury Why the defense is facing an "uphill fight" and whether testimony from SBF would serve as a final Hail Mary for them Thank you to our sponsors! Crypto.com Hedera Popcorn Network Guest Ari Redbord, Global Head of Policy at TRM Labs. Previous appearances on Unchained:  Is TRM Labs Blocking Addresses From DeFi Protocols? Ari Redbord Says Yes The Legal and Regulatory Fallout From Terra's Collapse: Who Will Pay? How Much Prison Time Is FTX's Sam Bankman-Fried Facing? Links Previous coverage by Unchained on the trial of Sam Bankman-Fried: Sam Bankman-Fried Trial: Here's Everything That Happened So Far SBF Trial, Day 1: Possible Witnesses Include FTX Insiders, Big Names in Crypto, and SBF's Family SBF Trial, Day 2: DOJ Says Sam Bankman-Fried ‘Lied' While Defense Claims His Actions Were ‘Reasonable' SBF Trial, Day 3: Why a True Believer in FTX Flipped Once He Learned One Fact SBF Trial, Day 4: SBF's Lawyers Annoy Judge Kaplan, While Wang Reveals Alameda's Special Privileges SBF Trial, Day 5: SBF's Defense Finally Found Its Legs, But Can It Counter Caroline Ellison? SBF Trial, Day 6: Caroline Ellison Recalls 'The Worst Week of My Life' SBF's Lawyers Could Be Annoying the Judge. How Might That Impact the Trial? Did Sam Bankman-Fried Have Intent to Defraud FTX Investors? Here's How Sam Bankman-Fried's High-Stakes Trial Could Play Out SBF Trial: How Sam Bankman-Fried's Lawyers Might Try and Win His Case The High-Stakes Trial of Sam Bankman-Fried Begins: What to Expect Go deeper into the trial:  In the SBF Case, Elite Corruption Is What's Really on Trial Cooperating Witnesses in the SBF Trial May Get Little to No Prison Time Learn more about your ad choices. Visit megaphone.fm/adchoices

Ari Redbord, Global Head of Policy at TRM Labs, discusses why Caroline Ellison's testimony has been the most critical in the case so far, why sidebars in the courtroom can get heated, and whether SBF might testify as a final Hail Mary for the defense. The second week of Sam Bankman-Fried's criminal trial is underway, bringing emotional testimony from SBF's ex-girlfriend and former Alameda CEO Caroline Ellison, along with some surprising stories about alleged bribes to Chinese officials and discussion about reaching out to the Saudi Crown Prince for help. Ari Redbord, Global Head of Policy at TRM Labs, discusses why the question of who was actually in charge is so critical to the case, the defense's strategy to discredit Caroline Ellison, and why sidebars in the courtroom can get so heated. Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.Show highlights:Why Caroline Ellison is a critical witness on a "number of levels," according to AriWhat a software developer at FTX revealed about whether SBF was directing tradesWhy a lawyer's body language is something the jury looks out for Why there have been so many sidebars in the trial and why they can sometimes get heated The reason why the lawyers, particularly the defense team, have been so repetitive with their questionsConsidering the long prison sentence SBF is facing, why Ari "doesn't understand" SBF's decision to push forward with the trial Whether, after three days of testimonies, Ellison has come out as a credible witness for the juryWhy the defense is facing an "uphill fight" and whether testimony from SBF would serve as a final Hail Mary for themThank you to our sponsors! Crypto.com | Hedera | Popcorn NetworkGuest | Ari Redbord, Global Head of Policy at TRM Labs.Previous appearances on Unchained: Is TRM Labs Blocking Addresses From DeFi Protocols? Ari Redbord Says YesThe Legal and Regulatory Fallout From Terra's Collapse: Who Will Pay?How Much Prison Time Is FTX's Sam Bankman-Fried Facing?Links | Previous coverage by Unchained on the trial of Sam Bankman-Fried:Sam Bankman-Fried Trial: Here's Everything That Happened So FarSBF Trial, Day 1: Possible Witnesses Include FTX Insiders, Big Names in Crypto, and SBF's FamilySBF Trial, Day 2: DOJ Says Sam Bankman-Fried ‘Lied' While Defense Claims His Actions Were ‘Reasonable'SBF Trial, Day 3: Why a True Believer in FTX Flipped Once He Learned One FactSBF Trial, Day 4: SBF's Lawyers Annoy Judge Kaplan, While Wang Reveals Alameda's Special PrivilegesSBF Trial, Day 5: SBF's Defense Finally Found Its Legs, But Can It Counter Caroline Ellison?SBF Trial, Day 6: Caroline Ellison Recalls 'The Worst Week of My Life'SBF's Lawyers Could Be Annoying the Judge. How Might That Impact the Trial?Did Sam Bankman-Fried Have Intent to Defraud FTX Investors?Here's How Sam Bankman-Fried's High-Stakes Trial Could Play OutSBF Trial: How Sam Bankman-Fried's Lawyers Might Try and Win His CaseThe High-Stakes Trial of Sam Bankman-Fried Begins: What to ExpectGo deeper into the trial: In the SBF Case, Elite Corruption Is What's Really on TrialCooperating Witnesses in the SBF Trial May Get Little to No Prison Time-Unchained Podcast is Produced by Laura Shin Media, LLC. Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The second week of Sam Bankman-Fried's criminal trial is underway, bringing emotional testimony from SBF's ex-girlfriend and former Alameda CEO Caroline Ellison, along with some surprising stories about alleged bribes to Chinese officials and discussion about reaching out to the Saudi Crown Prince for help. Ari Redbord, Global Head of Policy at TRM Labs, discusses why the question of who was actually in charge is so critical to the case, the defense's strategy to discredit Caroline Ellison, and why sidebars in the courtroom can get so heated.  Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform. Show highlights: Why Caroline Ellison is a critical witness on a "number of levels," according to Ari What a software developer at FTX revealed about whether SBF was directing trades Why a lawyer's body language is something the jury looks out for  Why there have been so many sidebars in the trial and why they can sometimes get heated  The reason why the lawyers, particularly the defense team, have been so repetitive with their questions Considering the long prison sentence SBF is facing, why Ari "doesn't understand" SBF's decision to push forward with the trial  Whether, after three days of testimonies, Ellison has come out as a credible witness for the jury Why the defense is facing an "uphill fight" and whether testimony from SBF would serve as a final Hail Mary for them Thank you to our sponsors! Crypto.com Hedera Popcorn Network Guest Ari Redbord, Global Head of Policy at TRM Labs. Previous appearances on Unchained:  Is TRM Labs Blocking Addresses From DeFi Protocols? Ari Redbord Says Yes The Legal and Regulatory Fallout From Terra's Collapse: Who Will Pay? How Much Prison Time Is FTX's Sam Bankman-Fried Facing? Links Previous coverage by Unchained on the trial of Sam Bankman-Fried: Sam Bankman-Fried Trial: Here's Everything That Happened So Far SBF Trial, Day 1: Possible Witnesses Include FTX Insiders, Big Names in Crypto, and SBF's Family SBF Trial, Day 2: DOJ Says Sam Bankman-Fried ‘Lied' While Defense Claims His Actions Were ‘Reasonable' SBF Trial, Day 3: Why a True Believer in FTX Flipped Once He Learned One Fact SBF Trial, Day 4: SBF's Lawyers Annoy Judge Kaplan, While Wang Reveals Alameda's Special Privileges SBF Trial, Day 5: SBF's Defense Finally Found Its Legs, But Can It Counter Caroline Ellison? SBF Trial, Day 6: Caroline Ellison Recalls 'The Worst Week of My Life' SBF's Lawyers Could Be Annoying the Judge. How Might That Impact the Trial? Did Sam Bankman-Fried Have Intent to Defraud FTX Investors? Here's How Sam Bankman-Fried's High-Stakes Trial Could Play Out SBF Trial: How Sam Bankman-Fried's Lawyers Might Try and Win His Case The High-Stakes Trial of Sam Bankman-Fried Begins: What to Expect Go deeper into the trial:  In the SBF Case, Elite Corruption Is What's Really on Trial Cooperating Witnesses in the SBF Trial May Get Little to No Prison Time Learn more about your ad choices. Visit megaphone.fm/adchoices

How is Hamas funded? TRM Labs Head of Global Policy and former federal prosecutor Ari Redbord discusses how his company tracks Hamas fundraising on the blockchain, and how Israeli and US law enforcement are tracing terror financing on crypto networks. Plus, Apollo Global Management CEO Marc Rowan, a University of Pennsylvania alumni and Chairman of its Wharton School board, is urging fellow alumni to halt donations to the university. Rowan calls the university's response to the Israel-Hamas War, in conjunction with the school's controversial bookings at its Palestinian literary festival last month, ‘morally confused and bankrupt.' He's pushing back on what he says is the university's failure to condemn antisemitism, and he is not alone in critiquing universities and corporations for their leadership on Hamas's attack on Israel. Other business headlines of the day include CPI data, post-IPO Birkenstock, and the drama at the trial of Sam Bankman-Fried.  Ari Redbord - 18:14Marc Rowan - 27:18 In this episode:Kate Rooney, @Kr00neyRobert Frank, @robtfrankAndrew Ross Sorkin, @andrewrsorkinBecky Quick, @BeckyQuickCameron Costa, @CameronCostaNY

In this episode TRM's Ari Redbord sat down with Santa Clara Prosecutor Erin West of REACT Task Force at ACAMS in Las Vegas. Erin, the conference's keynote speaker, discussed her journey and why she has a laser focus on rooting out "pig butchering." In pig butchering, also-known-as "romance scams," scammers encounter victims on dating sites, social media websites, or even random texts masquerading as a wrong number. Scammers initiate relationships with victims and slowly gain their trust, eventually introducing the idea of making a business investment using cryptocurrency. Victims are persuaded to invest money and once the money is sent to the fake investment app, the scammer vanishes with all the victim's money. The term “pig butchering” comes from the idea of “fattening” up the victim as much as possible before stealing the money. These cases often involve victims who have lost their life savings, leaving the victims devastated and desperate for help. In this episode, Erin discusses the scourge of pig butchering and how she is leveraging blockchain intelligence to counter the threat including through the Tracer Fellowship program, a partnership with TRM Labs and her Crypto Coalition, through which TRM is offering a 12-month fellowship program which will award a select number of active law enforcement investigators free active to TRM's platform.

It has been a busy 2023 in Australia with policymakers consulting on crypto licensing, AML/CTF reform, and more. Australia is home to a growing crypto ecosystem - crypto-assets are the second most popular investment after shares. With that growth has come regulatory scrutiny focused on consumer protection, combatting financial crime and creating a modern, risk-based regime for crypto-assets. In this episode, TRM's Ari Redbord and Angela Ang are joined by Joni Pirovich at BADAS*L, Brad Brown at AUSTRAC, and Steve Vallas at Blockchain APAC to discuss crypto regulatory developments in Australia.

In this TRM Talks, Ari Redbord is joined by Jean Lee, writer, commentator and expert on North Korea. She is co-host of the Peabody-nominated Lazarus Heist podcast on the BBC World Service.Lee led the Associated Press news agency's coverage of the Korean Peninsula as bureau chief from 2008 to 2013. In 2011, she became the first American reporter granted extensive access on the ground in North Korea, and in January 2012, she opened AP's Pyongyang bureau.In this episode Lee discusses the historic meeting between Russian President Vladimir Putin and North Korean leader Kim Jung Un, how North Korea has developed a cyber army, and the importance of understanding the history of the Korean Peninsula. Lee discusses North Korea's pivot to theft in the crypto ecosystem and how law enforcement and regulators are using authorities to mitigate the risk of North Korea cyber attacks. This is an in-depth and fast paced discussion into some of the most interesting and timely issues in the crypto space.

The U.S. Justice Department set up the National Cryptocurrency Enforcement Team (NCET) in 2021 amid growing concerns about the use of cryptocurrency for illicit finance including national security threats from North Korea, sanctions evasion, terrorists and weapons proliferators. In 2023, DOJ announced that the the NCET has been merged into the Department's computer crimes section. In this episode TRM's Ari Redbord sits down with the newly appointed NCET Acting Director Claudia Quiroz to discuss the move and the future of crypto-related investigations and prosecutions.

In this Flash TRM Talks, TRM's Ari Redbord welcomes former IRS-CI Agent Chris Janczewski to TRM as Head of Global Investigations.

In this Flash TRM Talks, TRM's Ari Redbord sits down for a few minutes with Kathy Kraninger, Vice President of Regulatory Affairs at Solidus Labs and former Director of the Consumer Financial Protection Bureau (CFPB).

In this Flash TRM Talks, TRM's Ari Redbord sits down for a few minutes with Olta Andoni, General Counsel and Chief Compliance Officer of Enclave Markets.

In this Flash TRM Talks, TRM's Ari Redbord sits down for a few minutes with former U.S. Treasury Official and Founder of Capitol Peak Strategies Alex Zerden.

For this Flash TRM Talks, TRM's Ari Redbord sits down for a few minutes with Executive Associate Director of Homeland Security Investigations Steve Francis.

In this Flash TRM Talks, TRM's Ari Redbord sits down for a few minutes with the Chief of IRS-Criminal Investigations Jim Lee.

For this Flash TRM Talks, TRM's Ari Redbord sits down for a few minutes with former Treasury Official Eric Lorber of PWC and Isabella Edmonds of GeoComply to talk sanctions compliance ahead of a TRM Talks with OFAC's Dallas Woodrum.

In this TRM Talks, Ari Redbord is joined by Geoff White, journalist, author and co-host of the BBC's acclaimed "Lazarus Heist" to discuss the first and second seasons of the podcast which focus on North Korea's attack on Sony Pictures and the Bank of Bangladesh as well as the evolution and growing sophistication of North Korea's elite, state sponsored, cybercriminals. In addition, Mr. White discusses North Korea's pivot to theft in the crypto ecosystem and how law enforcement and regulators are using authorities to mitigate the risk of North Korea cyber attacks. This is an in-depth and fast paced discussion into some of the most interesting and timely issues in the crypto space. Also, check out our follow up episode with Lazarus Heist co-host Jean Lee.

At the end of June 2023, the Financial Action Task Force released its fourth “Targeted Update on Implementation of FATF's Standards on VAs and VASPs.” The report surveyed 151 jurisdictions to find out what they have done to comply with the FATF Recommendations on virtual assets. According to FATF, 75% of jurisdictions that have made changes to their regimes have only done so to a partially or non-compliant extent, while only half of countries have brought in changes to accommodate the Travel Rule. To pull out the key learnings from the report, TRM's Ari Redbord and Isabella Chase are joined by Lana Schwartzman, Head of Regulatory and Compliance and Catarina Veloso Senior Associate for regulatory compliance at Notabene for TRM Talks: FATF Travel Rule Implementation.

Over the last few years North Korea has been attacking cryptocurrency businesses at alarming speed and scale stealing billions of dollars in crypto to be used for weapons proliferation and other destabilizing activity. As North Korea's tactics have become more and more sophisticated so has the response with law enforcement, regulators and industry using new tools to harden cyber controls and add friction to the money laundering process. TRM's Ari Redbord is joined for a special TRM Talks by Dr. Jung H. Pak, Deputy Assistant Secretary for Multilateral Affairs and Deputy Special Representative for the DPRK at the United States Department of State, Dr. John Park, Director of the Korea Project and Adjunct Lecturer in Public Policy at the Harvard Kennedy School's Belfer Center, and former FBI analyst and DPRK expert Nick Carlsen of TRM's Global Investigations team, to discuss the DPRK threat and how to mitigate it.

Ari Redbord sits down with Unchained's Laura Shin for a TRM Talks to discuss her journey to 500 episodes, her most memorable guests and for a wide ranging discussion of policy, regulation and illicit finance risks. She even turned the tables on Ari a few times. 

In May 2022, the crypto ecosystem suffered a meltdown of epic proportions. Financial News is joined by Tim Grant, head of EMEA at Galaxy Digital, and Ari Redbord, head of legal and government affairs at TRM Labs, to discuss what comes next.

TRM's Ari Redbord sits down with US Treasury's Caroline Horres to discuss the much anticipated Risk Assessment For Decentralized Finance and how Treasury views the emerging technology.

Welcome to Risky Business, a limited series in partnership with Trenchcoat Advisors, a risk advisory firm. In an unpredictable, complex, and chaotic world, the business risks are ever-present. To help navigate the challenges ahead, this series delves into the intersection of business and national security — from influence operations and sabotage to hostage diplomacy and investment security, we're brining exclusive conversations with leading experts to better understand and anticipate risk!In episode two, the Burn Bag's Ryan Rosenthal and Trenchcoat's Holden Triplett speak with Ari Redbord about the Web3 domain of risk. Ari helps us understand what the blockchain is and the various use cases for the private and public sectors. The conversation then moves to whether digital currencies are national security threats and how governments around the world have responded. Ari outlines the regulatory approaches (or lack thereof), and how existing laws and regulations are being used to combat financial crime. We also discuss how state and non-state actors use and abuse cryptocurrencies and the blockchain, including North Korea and hacking groups, and whether sanctions are effective against on-chain transactions. The episode rounds out with Ari's advice on how to stay safe, noting the benefits of a public ledger that can be used by law enforcement and the private sector to investigate malign actors and enforce compliance.  Ari is a Head of Legal and Government Affairs at TRM Labs. Prior to joining TRM, he was the Senior Advisor to the Deputy Secretary and the Undersecretary for Terrorism and Financial Intelligence at the U.S. Department of the Treasury.

In the wake of the FTX collapse, 2023 could see sweeping changes to crypto regulatory standards. Ari Redbord, the head of legal and regulatory affairs at TRM Labs, joins Ash Bennington to discuss incoming regulation and the FTX investigation. Later, Ram Ahluwalia, the CEO of Lumida Wealth Management, will join the show to discuss the latest twists and turns in what could be the story of the year: the Gemini-Genesis-DCG drama. We want to hear from you --- send us your questions, comments, and suggestions. Learn more about your ad choices. Visit podcastchoices.com/adchoices

gm. Mauricio Magaldi and Cuy Sheffield are back this week for another deep dive. In this Insights episode, we will be focusing on AML and how regulation can be a solution. We explore how the industry is preventing money laundering and illicit financing, looking at recent developments and what we hope the future can bring in this sector. Join us while we unpack what AML is in traditional finance, and how it differs from AML in crypto, blockchains and digital assets, what's working and what's not, and of course - what we hope to see in the near future. We are also joined by some amazing guests: Ari Redbord, Head of Legal and Government Affairs at TRM Labs Jessica Cath, Head of Financial Crime Project Delivery, Fintrail This episode is sponsored by Visa. This episode is brought to you by Visa, one of the world's leaders in digital payments. Crypto has opened up a new world of possibility. And Visa is helping everyone take part. Visa enables commerce across their network and crypto networks through solutions like Fintech Fast Track, a quick and easy way for crypto innovators to issue payment credentials. Join us in this new money movement. Learn more at visa.com/crypto (https://partner.visa.com/homepage.html?utm_source=partner&utm_medium=affiliate&utm_content=sponsored-podcast_english_60min0sec&utm_campaign=us_fintech_q3-fy21-11fs-fintechinsider&utm_creative=awareness_11fs-fintech-insider). If you enjoyed the show, don't forget to subscribe and leave a review! Want to join the conversation on all the topics discussed? Tweet the show at: www.twitter.com/bchaininsider Special Guests: Ari Redbord and Jessica Cath.

Ari Redbord, head of legal and government affairs at TRM Labs, discusses all the charges that Sam Bankman-Fried is facing and their potential outcomes.  Show highlights: the charges against SBF and why the criminal indictment is the most important whether SBF testifying in Congress would have complicated the DOJ's criminal case against him why it is complicated to state how much prison time Sam is facing the ways in which Bankman-Fried can reduce his sentence by cooperating with authorities why it's so unprecedented that the indictment came only one month after the collapse of FTX whether other senior FTX executives are providing prosecutors with information to reduce their charges the reasons why SBF is being held in The Bahamas and the likelihood of him being extradited how much the case will be delayed if SBF's lawyers fight the extradition Ari's thoughts on whether this case will go to trial Take Unchained's 2022 survey!   Unchained is doing its annual survey. Tell us how you think we're doing and how we could improve, whether it be on the podcast, in the newsletter, or in our premium offering. Looking forward to hearing your thoughts!  Thank you to our sponsors! Crypto.com Guest Ari: Twitter Previous appearances on Unchained:  Is TRM Labs Blocking Addresses From DeFi Protocols? Ari Redbord Says No  Episode Links Unchained: CFTC and SEC File Damning Complaints Against Sam Bankman-Fried and FTX SBF Denied Bail in The Bahamas, Will Remain in Fox Hill Prison Former FTX CEO Sam Bankman-Fried Arrested Amid US Indictment Bahamas Asked SBF to Mint Hundreds of Millions of Dollars' Worth of New Tokens After Collapse, Say FTX Liquidators SBF Directed $8B Alameda Liabilities to an FTX Account He Called ‘Weird Korean,' Says CFTC Bloomberg: FTX Bankruptcy Standoff Heats Up as Bahamas Challenges US Case Sam Bankman-Fried's Harsh Bahamas Jail Could Shift His Stance on Extradition Fortune: Sam Bankman-Fried indicted on multiple conspiracy and fraud charges by U.S. officials The Enron Trial: A Chronology Previous coverage of Unchained on Sam Bankman-Fried and FTX: Why the Legal Process for FTX and Sam Bankman-Fried Could Take Years The Chopping Block: SBF Wants to Win in the Court of Public Opinion. Will He? Jesse Powell and Kevin Zhou on How FTX and Alameda Lost $10 Billion Is the Collapse of Crypto Lending Over, or Is It Just Starting? Did the Bahamian Government Direct SBF and Gary Wang to Hack FTX? The Chopping Block: Why Lenders Didn't Liquidate Alameda When It Was Underwater  Erik Voorhees and Cobie on Why FTX Loaned Out Customers' Assets The Chopping Block: FTX: The Biggest Collapse in the History of Crypto? Sam Bankman-Fried on How to Prevent the Next Terra and 3AC Learn more about your ad choices. Visit megaphone.fm/adchoices

Ari Redbord, head of legal and government affairs at TRM Labs, discusses all the charges that Sam Bankman-Fried is facing and their potential outcomes.  Show highlights: the charges against SBF and why the criminal indictment is the most important whether SBF testifying in Congress would have complicated the DOJ's criminal case against him why it is complicated to state how much prison time Sam is facing the ways in which Bankman-Fried can reduce his sentence by cooperating with authorities why it's so unprecedented that the indictment came only one month after the collapse of FTX whether other senior FTX executives are providing prosecutors with information to reduce their charges the reasons why SBF is being held in The Bahamas and the likelihood of him being extradited how much the case will be delayed if SBF's lawyers fight the extradition Ari's thoughts on whether this case will go to trial Take Unchained's 2022 survey!   Unchained is doing its annual survey. Tell us how you think we're doing and how we could improve, whether it be on the podcast, in the newsletter, or in our premium offering. Looking forward to hearing your thoughts!  Thank you to our sponsors! Crypto.com Guest Ari: Twitter Previous appearances on Unchained:  Is TRM Labs Blocking Addresses From DeFi Protocols? Ari Redbord Says No  Episode Links Unchained: CFTC and SEC File Damning Complaints Against Sam Bankman-Fried and FTX SBF Denied Bail in The Bahamas, Will Remain in Fox Hill Prison Former FTX CEO Sam Bankman-Fried Arrested Amid US Indictment Bahamas Asked SBF to Mint Hundreds of Millions of Dollars' Worth of New Tokens After Collapse, Say FTX Liquidators SBF Directed $8B Alameda Liabilities to an FTX Account He Called ‘Weird Korean,' Says CFTC Bloomberg: FTX Bankruptcy Standoff Heats Up as Bahamas Challenges US Case Sam Bankman-Fried's Harsh Bahamas Jail Could Shift His Stance on Extradition Fortune: Sam Bankman-Fried indicted on multiple conspiracy and fraud charges by U.S. officials The Enron Trial: A Chronology Previous coverage of Unchained on Sam Bankman-Fried and FTX: Why the Legal Process for FTX and Sam Bankman-Fried Could Take Years The Chopping Block: SBF Wants to Win in the Court of Public Opinion. Will He? Jesse Powell and Kevin Zhou on How FTX and Alameda Lost $10 Billion Is the Collapse of Crypto Lending Over, or Is It Just Starting? Did the Bahamian Government Direct SBF and Gary Wang to Hack FTX? The Chopping Block: Why Lenders Didn't Liquidate Alameda When It Was Underwater  Erik Voorhees and Cobie on Why FTX Loaned Out Customers' Assets The Chopping Block: FTX: The Biggest Collapse in the History of Crypto? Sam Bankman-Fried on How to Prevent the Next Terra and 3AC Learn more about your ad choices. Visit megaphone.fm/adchoices

Jess Houlgrave, Crypto Strategy and GTM Lead at Checkout.com,  spoke to Rudolf Falat, founder of the Voice of FinTech podcast, about the future of crypto in the payments space.Here is what they covered in more detail: Jess' background: from arts to Checkout.com What's the problem Checkout.com is solving? What's Jess's focus as a Crypto strategist? Will we pay with crypto more widely, or will most cryptocurrencies play the role of digital gold? How would the use of stablecoins fit into the traditional economy? The current status quo of CBDCs from the perspective of end users (individuals) Key clients for Checkout.com Why Jess believes their solutions are better than competitors' Crypto markets this year: why have we seen such a correlation with traditional public markets this year? How would you judge the market temperature after you attended the Merge FinTech Nexus conference? Are we entering a crypto winter? What's your technology angle, or do you have more brilliant engineers than other players? News and education sources: Blockworks. Ari Redbord, Lynn Alden and Ryan Selkis Best way to reach out: Jess Houlgrave on Twitter or Checkout.com website

Listen to Ari Redbord, Head of Legal and Government Affairs at TRM Labs and former U.S. Treasury senior advisor, and our partner Liz Boison, a former U.S. federal prosecutor on the National Crypto Enforcement Team, explore security vs. privacy, threat intelligence, why you can love crypto winter, and more.

Host Rich Goldberg is joined by Ari Redbord, head of legal and government affairs at TRM Labs, to discuss how technology is helping law enforcement track Russia sanctions evaders and other illicit actors on the blockchain, and whether illicit crypto transactions can be stopped before they happen. Ari Redbord is the Head of Legal and […]

Ari Redbord Host Rich Goldberg is joined by Ari Redbord, head of legal and government affairs at TRM Labs, to discuss how technology is helping law enforcement track Russia sanctions evaders and other illicit actors on the blockchain, and whether illicit crypto transactions can be stopped before they happen. Ari Redbord is the Head of Legal and Government Affairs at TRM Labs... Source

Ari Redbord Host Rich Goldberg is joined by Ari Redbord, head of legal and government affairs at TRM Labs, to discuss how technology is helping law enforcement track Russia sanctions evaders and other illicit actors on the blockchain, and whether illicit crypto transactions can be stopped before they happen. Ari Redbord is the Head of Legal and Government Affairs at TRM Labs... Source

October 2022 is already the worst month on record in terms of crypto-related crime. According to data from Chainalysis, so far this month we've seen 11 hacks of DeFi protocols for a total take of $718 million. At the top of today's Real Vision Crypto Daily Briefing, Elaine Ly and Ash Bennington analyze the stats and probe where the problem lies. Elaine and Ash also update Bitcoin and Ethereum price action following more hotter-than-expected U.S. inflation data. Then it's on to today's big theme: regulation, with reports the G20 is reviewing a new framework for cross-border crypto checks and the U.S. Securities and Exchange Commission is investigating Yuga Labs and some of its Bored Apes Yacht Club NFTs. Ari Redbord, the head of legal and government affairs at TRM Labs with past experience inside both the U.S. Treasury and Justice Departments, joins Elaine and Ash to share his critical insight. And we preview a conversation at the World Blockchain Summit in Dubai between Real Vision Managing Editor Samuel Burke and Mario Nawfal, the founder of IBC Group and the CEO of NFT Tech, about the rapidly developing Web3 space.

https://podinbox.com/compliancetimeIn the second Tornado Cash special episode we spoke with Ari Redbord from TRM Labs. We spoke about the OFAC designation, why Tornado was considered a threat to national security and will OFAC continue designations on mixers. We disected the FAQs published by OFAC in early September and spoke more about AML and sanctions in the crypto space.

Ari Redbord, Head of Legal and Government Affairs at TRM Labs, talks about the sanctions on Tornado Cash, and the role of blockchain analytics tools in crypto.    Show highlights: Ari's background as a federal prosecutor and his work for the US Treasury why regulators sanctioned Tornado Cash, according to Ari why the Ronin hack was important for regulators to start taking DeFi hacks more seriously the fact that for the first time the Treasury Department sanctioned software whether the Office of Foreign Assets Control (OFAC) messed up whether regulators understood the impact on regular users the role of TRM and blockchain analytics tools in mitigating risk how decentralized applications use tools like the ones provided by TRM to comply with regulations and to block addresses why, if Ari were a regulator, he would focus on regulation guidance whether the sanctions on Tornado Cash are unconstitutional what the future of privacy in crypto looks like and whether the government is going after privacy technologies   Thank you to our sponsors!   1inch: https://1inch.io/ Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021   Ari Twitter: https://twitter.com/ARedbord   Tornado Cash Treasury Press release:  https://home.treasury.gov/news/press-releases/jy0916#:~:text=WASHINGTON%20%E2%80%93%20Today%2C%20the%20U.S.%20Department,since%20its%20creation%20in%202019 Tornado Cash Sanctioned: https://www.coindesk.com/policy/2022/08/08/crypto-mixing-service-tornado-cash-blacklisted-by-us-treasury/ Developer arrested: https://www.fiod.nl/arrest-of-suspected-developer-of-tornado-cash/ TRM Labs blog post:  https://www.trmlabs.com/post/how-defi-platforms-are-using-data-from-trm-labs-to-respond-to-tornado-cash-sanctions Tornado Cash post on compliance: https://tornado-cash.medium.com/tornado-cash-compliance-9abbf254a370 Coin Center's article authored by Jerry Brito and Peter Van Valkenburgh: https://www.coincenter.org/u-s-treasury-sanction-of-privacy-tools-places-sweeping-restrictions-on-all-americans/ Second Coin Center article authored by Jerry Brito and Peter Van Valkenburgh: https://www.coincenter.org/analysis-what-is-and-what-is-not-a-sanctionable-entity-in-the-tornado-cash-case/ Coin Center may challenge the US Treasury's decision to sanction Tornado Cash: https://decrypt.co/107475/coin-center-tornado-cash-ban-court Circle freezes USDC in sanctioned wallets: https://www.theblock.co/post/162172/circle-freezes-usdc-funds-in-tornado-cashs-us-treasury-sanctioned-wallets  Crypto exchange dYdX blocked accounts that received funds from Tornado Cash: https://www.coindesk.com/business/2022/08/11/crypto-exchange-dydx-blocked-accounts-that-received-even-small-amounts-from-tornado-cash/ The possibility of forking Tornado Cash: https://www.coindesk.com/tech/2022/08/10/cloning-tornado-cash-would-be-easy-but-risky/ What the sanctions mean for privacy coins: https://www.coindesk.com/layer2/2022/08/09/what-the-tornado-cash-sanction-means-for-privacy-coins/ Tornado Cash laundered $1.5 billion, according to Elliptic: https://hub.elliptic.co/analysis/tornado-cash-mixer-sanctioned-after-laundering-over-1-5-billion/ Celebrities get Dusted: https://decrypt.co/es/107090/tornado-cash-dusts-public-wallets-jimmy-fallon-brian-armstrong-steve-aoki-logan-paul Previous Coverage of Unchained: Tornado Cash Sanctioned. Did the Government Overstep Its Bounds?: https://unchainedpodcast.com/tornado-cash-sanctioned-did-the-government-overstep-its-bounds-ep-384/ The Chopping Block: Did OFAC Overstep by Sanctioning Tornado Cash?: https://unchainedpodcast.com/the-chopping-block-did-ofac-overstep-by-sanctioning-tornado-cash-ep-386/     Hacks linked to Tornado Cash Ronin: https://www.cnbc.com/2022/04/15/ronin-hack-north-korea-linked-to-615-million-crypto-heist-us-says.html Harmony: https://decrypt.co/104138/north-korean-attackers-behind-100m-harmony-hack-report Crypto.com: https://www.wired.com/story/crypto-hack-nso-group-security-news/ Nomad: https://decrypt.co/106459/crypto-bridge-nomad-exploited-190m-frenzied-free-for-all Previous Coverage of Unchained: Will the Nomad Mass Looting Change How Law Enforcement Treats DeFi Hacks?: https://unchainedpodcast.com/will-the-nomad-mass-looting-change-how-law-enforcement-treats-defi-hacks-ep-382/  

Ari Redbord, Head of Legal and Government Affairs at TRM Labs, talks about the sanctions on Tornado Cash, and the role of blockchain analytics tools in crypto.    Show highlights: Ari's background as a federal prosecutor and his work for the US Treasury why regulators sanctioned Tornado Cash, according to Ari why the Ronin hack was important for regulators to start taking DeFi hacks more seriously the fact that for the first time the Treasury Department sanctioned software whether the Office of Foreign Assets Control (OFAC) messed up whether regulators understood the impact on regular users the role of TRM and blockchain analytics tools in mitigating risk how decentralized applications use tools like the ones provided by TRM to comply with regulations and to block addresses why, if Ari were a regulator, he would focus on regulation guidance whether the sanctions on Tornado Cash are unconstitutional what the future of privacy in crypto looks like and whether the government is going after privacy technologies   Thank you to our sponsors!   1inch: https://1inch.io/ Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021   Ari Twitter: https://twitter.com/ARedbord   Tornado Cash Treasury Press release:  https://home.treasury.gov/news/press-releases/jy0916#:~:text=WASHINGTON%20%E2%80%93%20Today%2C%20the%20U.S.%20Department,since%20its%20creation%20in%202019 Tornado Cash Sanctioned: https://www.coindesk.com/policy/2022/08/08/crypto-mixing-service-tornado-cash-blacklisted-by-us-treasury/ Developer arrested: https://www.fiod.nl/arrest-of-suspected-developer-of-tornado-cash/ TRM Labs blog post:  https://www.trmlabs.com/post/how-defi-platforms-are-using-data-from-trm-labs-to-respond-to-tornado-cash-sanctions Tornado Cash post on compliance: https://tornado-cash.medium.com/tornado-cash-compliance-9abbf254a370 Coin Center's article authored by Jerry Brito and Peter Van Valkenburgh: https://www.coincenter.org/u-s-treasury-sanction-of-privacy-tools-places-sweeping-restrictions-on-all-americans/ Second Coin Center article authored by Jerry Brito and Peter Van Valkenburgh: https://www.coincenter.org/analysis-what-is-and-what-is-not-a-sanctionable-entity-in-the-tornado-cash-case/ Coin Center may challenge the US Treasury's decision to sanction Tornado Cash: https://decrypt.co/107475/coin-center-tornado-cash-ban-court Circle freezes USDC in sanctioned wallets: https://www.theblock.co/post/162172/circle-freezes-usdc-funds-in-tornado-cashs-us-treasury-sanctioned-wallets  Crypto exchange dYdX blocked accounts that received funds from Tornado Cash: https://www.coindesk.com/business/2022/08/11/crypto-exchange-dydx-blocked-accounts-that-received-even-small-amounts-from-tornado-cash/ The possibility of forking Tornado Cash: https://www.coindesk.com/tech/2022/08/10/cloning-tornado-cash-would-be-easy-but-risky/ What the sanctions mean for privacy coins: https://www.coindesk.com/layer2/2022/08/09/what-the-tornado-cash-sanction-means-for-privacy-coins/ Tornado Cash laundered $1.5 billion, according to Elliptic: https://hub.elliptic.co/analysis/tornado-cash-mixer-sanctioned-after-laundering-over-1-5-billion/ Celebrities get Dusted: https://decrypt.co/es/107090/tornado-cash-dusts-public-wallets-jimmy-fallon-brian-armstrong-steve-aoki-logan-paul Previous Coverage of Unchained: Tornado Cash Sanctioned. Did the Government Overstep Its Bounds?: https://unchainedpodcast.com/tornado-cash-sanctioned-did-the-government-overstep-its-bounds-ep-384/ The Chopping Block: Did OFAC Overstep by Sanctioning Tornado Cash?: https://unchainedpodcast.com/the-chopping-block-did-ofac-overstep-by-sanctioning-tornado-cash-ep-386/     Hacks linked to Tornado Cash Ronin: https://www.cnbc.com/2022/04/15/ronin-hack-north-korea-linked-to-615-million-crypto-heist-us-says.html Harmony: https://decrypt.co/104138/north-korean-attackers-behind-100m-harmony-hack-report Crypto.com: https://www.wired.com/story/crypto-hack-nso-group-security-news/ Nomad: https://decrypt.co/106459/crypto-bridge-nomad-exploited-190m-frenzied-free-for-all Previous Coverage of Unchained: Will the Nomad Mass Looting Change How Law Enforcement Treats DeFi Hacks?: https://unchainedpodcast.com/will-the-nomad-mass-looting-change-how-law-enforcement-treats-defi-hacks-ep-382/  

The U.S. Treasury Department's Office of Foreign Asset Control (OFAC) recently sanctioned cryptocurrency mixing service Tornado Cash, which has been used by North Korean cyber criminals such as state-sponsored Lazarus Group to support cyber activities and launder the stolen proceeds of hacks against cryptocurrency businesses. This designation of Tornado Cash is a watershed moment, not only for the crypto industry but for financial sanctions overall as it targets a widely used mixing service, potentially answering the question of whether or not mixing services at large will be allowed to operate as long as they remain susceptible to illicit actors. In the hours following the designation, Ari Redbord sat down with TRM's team of experts to discuss the significance of Tornado Cash as a target of sanctions, how these events fit into wider efforts to combat the use of crypto for money laundering and illicit activity, and what these sanctions mean for crypto businesses and other regulated institutions on-the-ground who need to respond to incorporate these updates into their operations in real-time. This podcast is hosted by TRM Labs, a blockchain analytics company. We work with crypto businesses, financial institutions and government agencies to monitor, detect and investigate fraud and financial crime in crypto. Learn more about our mission to build a safer financial system for billions of people here: https://www.trmlabs.com/about

Illicit finance poses one of the key national security challenges facing the crypto industry. How do U.S. regulators and policymakers work with stakeholders to implement solutions that may be at odds with crypto's underlying ethos of decentralization? Is crypto the driving factor behind increased ransomware activity or just a symptom? What lessons can the United States take from other governments, like the EU and the UK, in upgrading our anti-money laundering framework? Ari Redbord, Head of Legal and Government Affairs at TRM Labs, a blockchain intelligence company, joins Fault Lines for a special episode to help assess some of the national security challenges facing the crypto industry.Like this episode? Be sure to rate, review, and subscribe. See acast.com/privacy for privacy and opt-out information.

With US regulators reportedly cracking down not only on crypto exchanges Coinbase and Kraken, but also investigating the overall stablecoin industry, what does that mean for the average retail investor? Ari Redbord, Head of Legal and Government Affairs at TRM Labs, and David Nage, Portfolio Manager at Arca, join Real Vision's Ash Bennington to dig into just what this regulation might mean for the industry. Coinbase's share price has dropped nearly 20% and it's the second legal case against Coinbase in the last week. Meanwhile, Kraken is facing reports that the Treasury Department is investigating them for possibly violating US sanctions. Regulation is the name of the game this week and we have all the key takeaways you need. Recorded July 27, 2022. Learn more about your ad choices. Visit megaphone.fm/adchoices

Ari Redbord is Head of Legal and Government Affairs at TRM Labs, the blockchain intelligence company. Ari was previously the Senior Advisor to the Deputy Secretary and the Undersecretary for Terrorism and Financial Intelligence at the United States Treasury.   Why you should listen   To build a safer financial system, TRM Labs developed the first blockchain intelligence platform that combines cross-chain data with threat intelligence, advanced analytics, and intuitive visualizations to help organizations detect crypto fraud and financial crime. Fast-growing cryptocurrency businesses like Circle, FTX US and MoonPay use TRM Transaction Monitoring to detect suspicious activity and meet Anti-Money Laundering (AML) regulatory requirements.  Supporting links Nootopia TRM Labs Andy on Twitter  Brave New Coin on Twitter Brave New Coin   If you enjoyed the show please subscribe to the Crypto Conversation and give us a 5-star rating and a positive review in whatever podcast app you are using.

While the headlines coming out of London this week may have been related to politics, scandal, and upheaval at 10 Downing Street, financial regulators have been hard at work the last few months providing consultations, reports, responses, and guidance or issues related to cryptocurrency. Ari Redbord sat down to talk discuss UK crypto regulation James Gillespie, Policy Advisor, Sanctions & Illicit Finance at HM Treasury and Ian Taylor, Executive Director at CryptoUK. ‍ According to a comprehensive plan to make the U.K. a global cryptocurrency hub issued in April 2022, we are going to see: Stablecoins brought within regulation, paving the way for their use as a recognised form of payment in the UK The introduction of a ‘financial market infrastructure sandbox' to enable firms to experiment and innovate The establishment of a Cryptoasset Engagement Group to work more closely with the industry An exploration of ways to enhance the competitiveness of the UK tax system to encourage further development of the cryptoasset market And work with the Royal Mint to create a Non-Fungible Token (NFT) in summer 2022 as an emblem of the forward-looking approach the UK is determined to take As discussed in this episode of TRM Talks, it is critical for the UK to ensure that its approach remains joined up and doesn't fall victim to the tradeoff between growth of the crypto ecosystem and stability. With that being said, keep an eye out for potential updates in this space in the upcoming Chancellor's speech later this summer.‍ This podcast is hosted by TRM Labs, a blockchain analytics company. We work with crypto businesses, financial institutions and government agencies to monitor, detect and investigate fraud and financial crime in crypto. Learn more about our mission to build a safer financial system for billions of people here: https://www.trmlabs.com/about

The crypto winter has descended – and even the biggest names in digital assets are feeling the chill. As institutional investors look on and the clamour for regulation grows ever louder, Financial News speaks to Gwendolyn Regina, investment director at the world's largest crypto exchange Binance, and Ari Redbord, head of legal and government affairs at blockchain intelligence group TRM Labs, to find out what's next, and how to navigate the increasingly stormy crypto landscape.

Olta Andoni, deputy general counsel at Ava Labs, and Ari Redbord, head of legal and government affairs at TRM Labs, discuss the Terra stablecoin meltdown, implications for impending international regulations, and the history of stablecoin regulation internationally. Topics covered include: What the most important legal issues are for the Terra meltdown How the Terra implosion will trigger more regulation of the space How regulators seemed to think stablecoins should be regulated even before Terra How their approach differs between dollar-backed stablecoins vs. algorithmic vs. crypto collateral-backed coins How European regulators want stablecoin issuers to be treated like banks What the Lummis-Gillibrand bill would mean for US stablecoin regulation Whether Terra's demise will mean that regulators won't tolerate experimentation with algorithmic stablecoins  Why regulators will be skittish about stablecoins in response to Terra's  meltdown Why Olta and Ari were impressed by the NY Department of Financial Services guidance on stablecoins What the establishment of SEC jurisdiction over Terraform Labs based on the Mirror investigation from last fall means for any enforcement action by the SEC over Terra  Whether Do Kwon and/or Terraform could face criminal charges in multiple jurisdictions Why international regulatory consistency is important in the crypto space Whether civil and class-action lawsuits against Terraform could be expected How Terra 2.0 could open TFL up to further action from regulators and law enforcement Why more education is needed to overcome anxiety about DeFi regulations How hack nondisclosures could be subject to government investigation   Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021  Beefy Finance: https://beefy.finance/    Episode Links   Olta Avalanche https://www.avax.network/ Ava Labs https://www.avalabs.org/ LinkedIn https://www.linkedin.com/in/oltaandoni/ Twitter https://twitter.com/AndoniOlta   Ari TRM Labs Website:  https://www.trmlabs.com/ TRM Labs Twitter https://twitter.com/trmlabs?s=20&t=m24Ir0OerqPgEejlhL-bdQ TRM Talks https://www.trmlabs.com/category/trm-talks LinkedIn https://www.linkedin.com/in/ari-redbord-4054381b4/ Twitter https://twitter.com/ARedbord?s=20&t=m24Ir0OerqPgEejlhL-bdQ   Lummis-Gillibrand Bill Bill Introduction: https://www.gillibrand.senate.gov/news/press/release/-lummis-gillibrand-introduce-landmark-legislation-to-create-regulatory-framework-for-digital-assets Legal Memo from DLx Law: https://dlxlaw.com/wp-content/uploads/2022/06/DLX_FSV-summary_RFIA_060722.pdf Lummis-Gillibrand Section by Section Overview (summary by bill authors): https://www.gillibrand.senate.gov/imo/media/doc/Lummis-Gillibrand%20Section-by-Section%20%5bFinal%5d.pdf Responsible Financial Innovation Act (full text): https://www.gillibrand.senate.gov/imo/media/doc/Lummis-Gillibrand%20Responsible%20Financial%20Innovation%20Act%20%5bFinal%5d.pdf Blog post intro (by Senator Kirsten Gillibrand): https://gillibrandny.medium.com/the-responsible-financial-innovation-act-218a764abd6c   FINMA FINMA: https://www.finma.ch/en/ FINMA on Stablecoins: https://www.finma.ch/en/news/2019/09/20190911-mm-stable-coins/ FINMA Publishes Stablecoin Guidance: https://www.sif.admin.ch/sif/en/home/finanzmarktpolitik/digitalisation-financial-sector/stablecoins.html   NY DFS Guidance on Stablecoin Issuance: https://www.dfs.ny.gov/industry_guidance/industry_letters/il20220608_issuance_stablecoins Press Release: https://www.dfs.ny.gov/reports_and_publications/press_releases/pr202206081 CNBC Coverage: https://www.cnbc.com/2022/06/08/new-yorks-financial-watchdog-issues-stablecoin-guidance-calls-for-reserve-requirements.html   SEC Actions Against Terra SEC Investigating UST Stablecoin Blowup in Fresh Threat to Terra: https://www.bloomberg.com/news/articles/2022-06-09/sec-investigating-ust-stablecoin-blowup-in-fresh-threat-to-terra Terraform Labs Loses US Appeal over SEC Subpoena: https://finance.yahoo.com/news/terraform-labs-loses-us-appeal-150355500.html   Allegations against Do Kwon Seoul Police Probe Allegation of Embezzlement by Terraform Staff: https://www.bloomberg.com/news/articles/2022-06-09/seoul-police-probe-allegation-of-embezzlement-by-terraform-staff South Korea Launches Investigation into Company Behind Luna Crypto Crash: https://www.ft.com/content/a8319c03-3d49-4923-a51a-fc403dcce58a?list=intlhomepage   MICA Deloitte on MiCA Adoption: ​​https://www2.deloitte.com/lu/en/pages/financial-services/articles/digital-finance-european-parliament-adopts-mica-regulation-innovation-friendly-crypto-regulation.html Europe's Landmark Crypto Bill Passes Parliamentary Committee with Wide Majority: https://www.theblockcrypto.com/linked/137720/europes-landmark-crypto-bill-passes-parliamentary-committee-with-wide-majority   Facebook Libra Facebook Libra: The Inside Story of How the Company's Cryptocurrency Dream Died: https://www.ft.com/content/a88fb591-72d5-4b6b-bb5d-223adfb893f3 Mark Zuckerberg's Stablecoin Ambitions Unravel with Diem Sale Talks: https://www.bloomberg.com/news/articles/2022-01-25/zuckerberg-s-stablecoin-ambitions-unravel-with-diem-sale-talks?sref=ExbtjcSG  

It looks like Bitcoin is recovering from its recent steep sell-off, but many investors fear this could be a short-lived bounce. That reflects a broader market still assessing the damage done by the epic failure of the so-called algorithmic stablecoin TerraUSD and its sister token Luna. As Terra's founders try to revive the project, questions about lessons learned and security abound. Leslie Lamb, chief marketing officer at CoinFLEX, and Ari Redbord, head of legal and government affairs at TRM Labs, join Real Vision's Ash Bennington and Marco Olivera to talk about lingering fallout from the Terra meltdown, Tether's controversial modus operandi, and the latest buzz about mergers and acquisitions in the crypto space. Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to a special episode of the Solana Podcast focusing on Crypto & National Security featuring Ari Redbord (Head of Legal and Government Affairs, TRM Labs) and Sigal Mandelker (former Under Secretary of the Treasury for Terrorism and Financial Intelligence). Amira Valliani (Policy Lead, Solana Foundation) guest hosts.00:09 -  Intros02:11 - Origin Story05:53 - Correspondent Banks07:37 - Why crypto resonates personally09:54 - Use cases of Crypto in humanitarian applications12:13 - Looking at the opportunity vs the risk16:06 - Typical Day at Treasury17:14 - What it takes to stop bad actors in Crypto24:53 - BitFinex Hack and Large seizures29:05 - Compliance and self-policing31:13 - Advice to other people in regulationDISCLAIMERThe information on this podcast is provided for educational, informational, and entertainment purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose.The information contained in or provided from or through this podcast is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other advice.The information on this podcast is general in nature and is not specific to you, the user or anyone else. You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented on this podcast without undertaking independent due diligence and consultation with a professional broker or financial advisor. Amira (00:09):Hello and welcome to the Solana podcast. My name is Amira Valliani and I run public policy at the Solana Foundation. Today we're talking about an issue that's really been at the forefront of a lot of people's minds since war broke out in Ukraine earlier this year. And that's the topic of crypto and national security. We've brought two of the world's foremost experts to talk about how crypto links with foreign policy and the movement of money all over the world, and they are Sigal Mandelker and Ari Redbord.Sigal Mandelker is a general partner at Ribbit Capital where she deals with FinTech and crypto. But before this, she was Deputy Treasury Secretary and Under Secretary of Treasury for Terrorism and Financial Intelligence. She's joined by Ari Redbord who's the head of legal and government affairs at TRM Labs, the blockchain intelligence company. Before joining TRM, Ari was Sigal's senior advisor when she was the Under Secretary of Treasury and worked on a range of issues, including sanctions, anti-money laundering and a bunch of other scary and really important issues. Sigal and Ari, thank you so much for being here. We're excited to have you.Ari (01:15):Thank you so much for having us. I will say just to get things started, I'm a huge fan of sort of what you guys do at Solana and the team that's building with you and a huge fan of Sigal and just an amazing honor to be on a conversation like this with someone that I worked for when she was the under secretary and just really consider a close friend and colleague in the space now. So it's particularly cool. So thank you for having us.Sigal (01:40):Oh, it all goes back at both of you. I loved working with Ari then and I love being in this space with him now. It's pretty exciting.Amira  (01:48):I'm here for all of it. I think it's going to be a very exciting few minutes. I think the backgrounds are really interesting and you all know that this circle of people who come from government into crypto is growing, but it's small. And so very specific journeys I think got all of us into this space. I'm curious what got each of you interested in crypto? Why are you passionate about it? Ari, I don't know if you want to kick us off here. I know Sigal has a particular story.Ari (02:13):Sure. Yeah. No, happy to. Everyone has their sort of crypto origin story. And so many times you hear about "I bought Bitcoin 15 years ago." And for me it was really a lot different. We started to see it 2015 or so in a lot of our sort of large money laundering investigations that actually involve some of the sort of nation state actors like North Korea that we'll be digging into today. I think we sort of realized even then the power and promise of this technology, but also that if it was going to grow and flourish and they were going to build this new economy, that we needed to stop illicit actors from doing it. And that was sort of as a prosecutor and then honestly getting an opportunity to work with Sigal and the team at Treasury on some policy related issues in the space, I think really, really also got me interested in.At TRM labs, it's sort of like we sit in this sort of intersection, because I think we obviously believe very firmly in the potential and the growth of this new crypto economy, but at the same time, sort of understand that trust layer, anti-money laundering national security is critical infrastructure for it. And that intersection that we're going to be talking about today is really sort of where I see the most work that can be done.Amira (03:19):Yeah. I think that's incredibly important to remember that trust is really important to make sure that the space thrives. Sigal, I'm curious about your crypto origin story. Tell us how you got into it and why you're so excited about it.Sigal (03:31):When I was at Treasury, my job was very much a global job, so I would travel all over the world. In those travels, I would often meet with senior government officials from heads of state on down, central bankers, CEOs of banks, et cetera. And along the way, it became increasingly clear to me for a number of different reasons that our banks, US banks had massively de-risked all over the world. It became clear to me because in so many different countries, particularly in the developing world, in emerging markets, in so many different countries these senior officials and CEOs of banks would ask me if I could help them get access to US correspondent banking. We really studied to look at it and study it. And the trend is clear. Like if you start looking from 2012 to today, just as one example, the number of US correspondent, global correspondent relationships is very, very much on the decline.And so when I left Treasury, this became like an issue that I was very passionate about. How do we get great financial infrastructure and companies out of the US and elsewhere to be able to provide a variety of financial services in the developing world, in emerging markets, where in my opinion, in many respects, we had left them high and dry. And I came to the conclusion personally, that the only way we were going to do that was through disruptive financial technologies. And so I decided to find a place where I could pursue that passion. Along the way, I met our founder, Micky Malka, who has founded Ribbit along with Nick Shalek and some others about 10 years ago. I very quickly understood that really the mission of Ribbit is to change the world of finance and to do so exactly in this way through disruptive financial technologies that we're going to open up access to many, many more people in a much more efficient way all over the world.And so a week later, Micky called me and asked if I was open to having a conversation about joining Ribbit. It was definitely a road less traveled for a former undersecretary, but it was a super exciting path to go down.Amira  (05:36):I want to stay back on the beat that you mentioned about the drop of US correspondent banking all over the world. It would be helpful if you describe what exactly does that mean? What is a correspondent bank and why were you concerned about that as an undersecretary of Treasury? Why is that important to you?Sigal (05:54):For many reasons. First of all, correspondent banking, it basically allows banks all over the world in part to get access to US dollar accounts among other things. And when you don't have that correspondent banking relationship, when you're being de-risked, there's just less access to the US financial infrastructure in many different ways, which means a lot of things. One of the things that it means is that if you think about our various sort of tools of financial leverage, we're seeing that play out right now in Russia, right? Where sanctions has become a major tool of national security. But if you're issuing a sanction in a country or a region that has very little touch points with the US financial infrastructure, then that economic leverage no longer actually really works, or it's less likely to work. It's more complicated than that.Also, the US traditionally has been the exporter rate of democracy and American values. We have always prided ourselves in innovation and being like a center for ingenuity. And again, when you don't have US capital or those kinds of relationships all over the world, I think that's not only really to the detriment of the US, but also to the detriment of people all over the world. And then they're just going to go to alternatives. And that's definitely happening as well.Amira  (07:14):One of the things that we've chatted about before is, it's not just a whole for US national security, but there's a bunch of people out there who when US banks aren't abroad, they're still looking for financial services. One of the interesting things about crypto is it offers that.Amira (07:29):Sigal, I know you have a really personal story of why crypto and access to financial services are important to you. Now I was wondering if you could tell us a bit about that and why this industry resonates personally.Sigal (07:39):Yeah, so it's really in part because my parents are both Holocaust survivors. During the Holocaust, they were in hiding in a part of Poland that is now Ukraine. They were kids. So they were separate, but they happened to be relatively close to Lviv. And the only way at the time that my dad, for example, could have ate, had access to any food, was my grandfather would go out in the middle of the night and he would steal potatoes. Once he stole a pig ear and brought it to my dad and my dad said "It's not kosher dad, I can't eat this." And my grandpa said, "No, it's the only way for you to get nourishment." So when I think about, I imagine what would've happened back then if this technology existed and they had access to a phone and they had relatives far away who could actually send them some value that they could use to barter for food, something like that was just totally impossible back then. You couldn't get anything from your family members who were in another country.Actually when I was at Treasury, there was somebody who had brought this idea to me of being able to use crypto to provide humanitarian aid, for example, to refugees in Syria. And I thought it was a really fascinating concept. And of course, it's so prescient today because the crypto community, including very much the Solana community, has really stepped up and used crypto working with the Ukrainian government to do exactly what we couldn't do in the forties '40s, which is to provide aid to the government in their fight for freedom, to help people get access to food, medical supplies, and elsewhere. And for many reasons, we could, I know, get into. I don't think banking is really necessarily set up to provide that kind of access in that way. It's too difficult. It's too complicated. Our banks don't operate in those parts of the world often where people really need that assistance. But crypto is global. It's everywhere where you can get access to it. In many other respects, it's just like a really groundbreaking innovation.Amira (09:31):It's kind of amazing, I mean, how much history repeats itself and how much access to these tools they were needed 80 years ago, they're needed today. Ari, I remember you telling me an example of how the US government I think, maybe it wasn't, was able to get aid into Venezuela directly using crypto. I'd love it if you could tell us a little bit more about that example.Ari (09:51):I think that was Sigal's story so I'm going to give her that one.Sigal (09:56):Okay. Well, this actually happened after I left Treasury, but I think it's also incredible. So when we had very heavy sanctions on Venezuela because of Maduro and what he was doing in that country, when we had the sanctions program, I made sure, or at least when I oversaw it, I made sure that in the Venezuela context we had the most forward leaning general license for humanitarian aid in particular that we had ever had before. I basically told our team like, "Everything that's ever been on the cutting room floor, we need to put it in this program because we need to help people who were literally starving to get access to aid." The other challenge was that it was very, very difficult for the US government to get anything resembling humanitarian aid into the country. I mean, literally, there were shiploads of stuff that the US government had sent and Maduro wouldn't allow it in or accept it.I will say that even though we had these very forward leaning general licenses, NGOs would come to us, to me and to Ari, I had a call that Ari will remember at the state department where these NGOs would say, "Look, we know you've got this general license, but the banks were all de-risking us. They won't allow us to continue." And I said at the time, "Well, tell them to call me. I mean, this is why we had that such a forward leaning general license>" but banks are just very risk averse in that way.And so fast forward, actually after I left Treasury, what was the one way that the state department working with Treasury and I think with Airtm and maybe with Circle, they were able to get USDC to help something like 60,000 or 80,000 doctors and nurses who are fighting on the front lines of COVID in Venezuela. Again, it's just like Ukraine. It's another really amazing use case where our banks weren't able necessarily, maybe some did, but many weren't able to get humanitarian aid in. But boom, instantly you could send it in and you could account for it because it's transparent, so you can audit it. You can make sure that if it lands in the wrong hands, that they can't use it. So it's a really incredible tool to allow access to, again, just like Solana is doing to allow access to a very fast payment system or a transfer of value for humanitarian purposes while also ensuring, helping to ensure at least, that it's used for the right reasons.Ari (12:14):I think what's so interesting is there's this narrative that crypto with these sort of qualities, decentralized permission list, cross border value transfer at the speed of the internet, somehow it's only used by illicit actors. But the fact is those are the qualities that allow it to sort of move outside of traditional financial systems to provide aid to people that would otherwise not have access to it. And I think this Ukraine moment in this really horrific situation is this incredible example of how communities, decentralized communities have developed in order to support a resistance movement in a government. I mean, Zelensky talks about Twitter being a tool of the resistance or a tool of Ukraine in this moment. Well, what you see happening on Twitter is communities developing to send cryptocurrency to support movements there.Admittedly, I think Sigal and I are often talking about sort of the financial crime and the money laundering risks and the things in sort of that space, but you do have to step back and say like, "We have to stop bad actors from using it because it's so good and there's so much power and promise of it to do good." I do think we're having sort of a watershed moment in Ukraine where you're having this sort of global event where we're seeing hundreds of millions of dollars ultimately will flow to Ukraine in cryptocurrency and really arguably sort of the first maybe use case at scale of what the power of this technology can do. I think it's an exciting moment. Obviously, it's a moment you never wanted to see, but I think this will be an example that will be able to use as to why this technology has so much promise.Sigal (13:47):Yeah. And I would say just to add to that really quickly, what I like to talk about when I'm talking to policy makers and regulators, et cetera, is that you have to stop looking at everything through the lens of risk. Risk is important. We want to mitigate risk, but really what you need to do is start looking at the opportunity and how this technology will enable so much opportunity. Because what we have today are a bunch of developers, innovators, builders, dreamers, right? Who are literally thinking about how to build out a more efficient financial infrastructure for the future that many more people ultimately will be able to access and use.That part of the infrastructure that deals with illicit finance and investor protection, that's being built too. So you can do those things really in parallel and therefore really drive out. In many ways more successfully than what we have in traditional finance, the illicit part of it as what we're seeing is like the vast, vast majority of people in crypto, they're just builders. They want to grow new things whether it's NFTs, games, payments, access, Ukraine, et cetera.So if you only look at things as a regulator from the perspective of risk, then you're never going to let anything grow. You really have to start talking about how to use this technologies as a great opportunity, including one of the reasons that I came into this space, right? Which is because I thought like this is this great opportunity to build out potentially much better financial infrastructure, which many, many more people will be able to access in the future. And if a portion of that remains in the United States, then the United States will be able to continue to be a center of financial innovation for years to come. If it doesn't, that's a different story.Amira (15:29):A lot of folks in the audience have never actually been in your shoes or anywhere close to it. I want to take a second to dig into sort of like that Carrie Mathison type stuff, which is like, let's look behind the shroud and see what it looks like to walk into your desk at Treasury every morning and understand what's coming past your desk from the risk perspective. Let's help figure out why regulators might be so concerned and help listeners understand what it was like to track down bad actors when you were in Treasury. So what did that look like for traditional finance specifically? What would you see? What does the process look like? How do you start your days even?Sigal (16:06):I used to start my day every day with an intel briefing. Basically with a briefing, where I would learn about all the potential terrible things, terrible things around the world that were happening and potential terrible things that could happen. So when you're in a job whose title is terrorism and financial intelligence, that's just the way your day is going to start. You're constantly thinking about how to protect not only Americans, but people all over the world from bad actors. So that's how you start. Literally, the framing of your day really starts with hearing about bad stuff that could potentially happen. And then in many respects, you said about your day in part to ensure that that bad stuff doesn't actually come into place. There are all kinds of different ways in which that happens.Another big part of my job was also to think about how do we reform, how do we provide much more guidance to the private sector which we did really with the FinCEN guidance in 2019 and in lots of different ways through our sanctions programs, through advisories that we issued to help the private sector also work with us to better protect themselves against being abused by bad actors.Amira (17:15):What does it actually look like when you're stopping bad actors? So you talk on sort of vagueness, but think about a case where maybe you had to take traditional tools of finance to stop a bad actor and what that process looks like. And then how does that actually contrast when you're thinking about a crypto bad actor? What are the differences in that process?Ari (17:32):One thing that we did at Treasury and at DOJ when I was in AUSA is you put together great teams and you reached out to all kinds of different pieces of the inner agency, the executive branch. So when we were prosecuting a case, we would want to ensure that we had a team of the best IRS CI agents and HSI and FBI. It was very similar at Treasury, right? I mean, if you were going to do a sanctions' designation on North Korea for example, you would want to ensure that you had the right policy people in the room from TFFC, and that you'd have the right intelligence from OIA, that you'd have exactly the right subject matter experts from OFAC on sanctions and FinCEN on money laundering and financial crime. And you would put them all together. And I think this is what, why Sigal was frankly so successful, is that you basically would reach out to teams of subject matter experts. And you'd put these teams together and they would inform great policy.I think one thing that sometimes is missing is that there's this sense that sort of like from the private sector that the government doesn't know what it's doing and this sense from the government that the private sector just has a certain agenda. I really do think at the end of the day, some of the best subject matter experts in the world are in both places. When you have those public-private partnerships, you're going to have much, much more success. So to me, it really is about putting together great teams of subject matter experts. I think we're seeing that today quite frankly. I mentioned North Korea.For example, you have this hack of the Ronin, Axie infinity blockchain a few weeks ago. And very, very quickly, Treasury essentially identified Lazarus group, a state actor from North Korea as having engaged in that attack. I'm not there anymore. Sigal's not there anymore. But what I imagine happened is they put together teams of experts from those different places who were using blockchain analytics tools to watch the flow of funds in that attack. And then you saw the designation, the sanction of a specific address for the first ever time associated with Lazarus group. And then you saw those funds flow to three other addresses, and immediately you saw those addresses sanctioned. And then you saw those funds flow through mixing services, which are basically exchanges on blockchains that mix funds and send them out, sort of clean the other side. And you saw those funds flow through a mixer called Blender.io that was ultimately designated sanctioned by OFAC.So again, while we're not there anymore, when I see these actions, I sort of picture a skiff, a secure facility within Treasury a few steps from where Sigal and I sat. I picture this group of true subject matter experts sitting around and laying out game planning, these types of actions. I think that's as inside baseball as I could do here. But I do think that like the key is great teams, and we were always very lucky to work with great teams.Sigal (20:22):Speaking of which, I was also really smart to bring brilliant people to work with me in my front office. And of course, Ari was very much at the center of that. We're in war mode all the time at Treasury, right? You're always dealing with really bad actors.Ari (20:40):I picture Sigal running when I think of Sigal, in heels down.Sigal (20:45):Clicking.Ari (20:45):And I remember actually ended up buying shoes that had sort of sneaker styles soles on the bottom because you were so constantly running up and down the hallways of these marble floors, because that's exactly what it was. You were always in a rush. It was always because the work you were doing was important.Sigal (21:01):I lost a lot of shoes that way. One thing I will say when Ari's talking about Lazarus, the first time that I really understood the power of blockchain analytics and blockchain technology was actually when we had sanctioned a big network. I think it was the first time we sanctioned... I actually included wallet addresses. Literally within a day, maybe it was that same day, I don't even remember, Chainalysis had put out a piece that literally identify all the different addresses that were linked to the ones that we had sanctioned so that people could very, very quickly know what to stay away from, like what was really bad news and actually protect themselves from interacting. Ideally, we could freeze funds.I remember at the time saying to a different senior advisor, Leah Bressack, like, "Yes, this is what we want industry to do. We don't ever see this kind of analysis from the banking industry." And that was really in part because that capability doesn't exist in the same way. I mean, sure, we saw lots of SARS and sophisticated SARS from banking, but for somebody, a Chainalysis or now TRM to go out and very quickly publish reports much more quickly than we may have been able to do that really helped immediately track, detect, and deter illicit activity was really quite extraordinary.Ari (22:25):Yeah. I mean, it seems so obvious to probably most of your audience and certainly to us, but the ability to follow the money to watch financial flows in cryptocurrency is extraordinary compared to the traditional financial system. I mean Sigal and I both cut our teeth as prosecutors doing bulk cast smuggling cases and networks of hawalas and shell companies and Russian real estate and London and high value art, right? There's no TRM or Chainalysis for those things. Those are very hard. And in crypto you can follow the funds with great financial crime investigators at US law enforcement and globally can follow the funds using these kinds of tools in ways that were unimaginable before. So yes, you can certainly move money faster in larger amounts in many respects, but you have tremendous visibility. I think a lot of times that's missing still even from the conversations around sort of fraud and financial crime in crypto.Amira (23:22):So let me push on both points because I think this is really textured and no one knows more about this than you two, I think. So there are two people that might push back on what you just said. One is, I would say the folks that I think are especially concerned about crypto's usage for money laundering. Those people might say, "Yeah, but you're seeing the rise of privacy focused chains, of blending services, these things just make it impossible to obscure the movement of money. It's only a matter of time before we see these things succeed." And so maybe the technology's working for us now, but you're the first to say that this tech is early. How are we going to be able to catch terrorists and oligarchs once stuff advances?Ari (24:02):Yeah. No, it is still a little bit sort of a whack-a-mole. But it always has been in sort of the cat and mouse game between law enforcement and bad actors. I will say that so many of the big crypto investigations over the last few years involve mixing services, they involve privacy coins. Law enforcement ultimately was able to make those investigations using a combination of blockchain analytics like TRM, like Chainalysis, but then just great police work, off chain police works, subpoenas and search warrants, putting together the pieces.Amira (24:30):Is there an example that you can go into on that front?Ari (24:33):Yeah. I would say the Bitfinex case is a tremendous example actually. So I mean, essentially what you had there was a 2016 hack of an exchange where the money just sat there in a wallet. And then all of a sudden you started to see it move over the course of years across blockchains.Amira (24:49):And for background, for folks who aren't familiar, tell us what the broad strokes, the Bitfinex hack.Ari (24:54):Sure. Yeah, so really just that until recently, right? It was at the time one of the largest crypto hacks. About $70 million of Bitcoin was stolen from the Bitfinex exchange. A hacker breached these cybersecurity and stole about $70 million in Bitcoin. That money basically sat on an account for a while and then started to move in these individuals. They basically used every office station technique in the book, from mixers to privacy coins, to dark net markets and automating transactions which means you programmatically move funds across blockchains in order to obfuscate. Well, ultimately law enforcement used blockchain analytics tools to trace and track those funds through mixers and dark net markets. And ultimately, to be able to seize what grew to be about $4.2 billion, the largest seizure in US history, ultimately sees those funds.What's so interesting about crypto, and I think Sigal made this point earlier, is the blockchain is forever. So you don't just have to be ready for whatever the analytics tools and whatever the investigation tools is when you do the hack and when you start to launder funds. You have to worry about what it's going to look like five years down the road, what the technology is going to look like. Because law enforcement was able to follow those funds across years and across blockchains, ultimately actually arresting a couple in New York city a couple of months ago and charging them with laundering the largest seizure in US history. So there are definitely powerful, anonymity enhancing tools out there, but I will say that law enforcement is still making a lot of these cases.Sigal (26:38):Yeah, I would just add. I mean, like in this very early days, still nascent technology, the reason that some of the largest seizures of illicit assets in history has come from crypto is not because there's more illicit activity in crypto. For all of the reasons that Ari just mentioned, it's just in many respects easier to trace and ultimately to disrupt than what you have when people move all kinds of assets through shell companies and like all sorts of different parts of the world. That's really important because if you just look at the headlines and you say "Bitfinex, largest money laundering seizure in history," then you may just jump to like, "Oh, of course, because it was crypto." But no, people are just using crypto for bad things. It's really because law enforcement now with blockchain analytic firms, et cetera, and prosecutors have all these amazing tools at their disposal.Silk Road was another example. I mean there was a seizure last year or the year before of a billion dollars worth of, I think it was Bitcoin, that traced all the way back to maybe the earlier days of Silk Road. And boom! All of a sudden, money moved and they were able to pounce. I mean, frankly, if you're a bad actor, I would say as more of these cases are like coming to a fruition, stay away from crypto. There's a very decent chance you're going to get caught.There's also this narrative that I think has largely tamped down, but there was a narrative that crypto was going to be used on mass for sanctions evasion in the Russia context. And for a number of different reasons, I just don't think that, and I think Ari would probably agree, that's just not going to be the case. It's not that it couldn't be used for some, but Russia has been very good at money laundering for a very long time through things like real estate and shell companies and all kinds of different mechanisms that we've investigated for many, many years. With crypto, there isn't like the liquidity to move assets at the volume or scale that they would need to do that. Plus, if they try to, boom, the TRMs and Chainalysis and law enforcement kind of actors would likely be able to, at some point, quickly detect it, plus you have all these regulated exchange who have done really a terrific job working with law enforcement to be able to help trace and track and disrupt this activity.Ari (29:06):The only thing I would just kind of add to that, I think Sigal makes a great point at the end there in particular around compliance. I think there's this sort of sense that, "The wild west" is what you hear thrown around in terms of sort of the regulatory landscape. And at least on what we're talking about today, sort of that AML national security space, look, crypto businesses that operate in the United States are treated as like any other money service business for purposes of this. When you're looking at sort of the large exchanges where so much of the liquidity is today, they have robust compliance controls in place. They have compliance officers, they have policies and procedures. They use tools like TRM and Chainalysis in order to monitor transactions. This is not the wild west when it comes to stopping sanctions evasion when it comes to stopping bad guys.Ari (29:51):I mean, look, I think the reality is, there is certainly illicit activity occurring in crypto, but honestly, illicit activity occurs in any thriving financial system. Bad actors would not want to use it if it wasn't working, that's certainly true of cash. That's certainly true of sort of anything else. And as we see the growth of this economy, we're going to see more illicit activity just by the nature of it. But as an overall percentage, it's going to remain very, very low because I think as Sigal mentioned, it's not a great way to launder funds. It's not a great way for illicit actors to move money because we're watching it all the time. It's not just blockchain analytics and law enforcement. I mean, the coolest thing is when you jump on some of these Discords or on Twitter and you watch these super sleuths and parts of these different communities develop that are in these like open source tools that are following the funds in a hack. There is a self-policing element too, in this community that has never existed before when it comes to sort of following the money, watching financial flows.Amira  (30:50):I think the headline from this episode's going to be advice from former Treasury officials, if you're a terrorist financeer, don't use blockchain.Ari (30:57):100%. Never use crypto. Yeah.Amira (30:59):This has flown by, and I feel like I have a million more things I could talk to you both about. But in our last couple minutes, maybe any advice you have for your peers who are in your shoes today, talking about sort of the growth of this new industry. What would you tell them? What do you wish you could whisper in their ear? Or maybe you've already whispered in their ear.Sigal (31:14):Look, what I say is, number one, you have to interact with the technology. You have to meet the entrepreneurs, the developers, the founders, to really understand what's being built. I mean, I had amazing folks around me in the government, but there's nothing to teach me to talk to me about this stuff. But there's nothing like interacting with someone like Anatoly or what have you to really see and envision what the future can look like with this infrastructure. So if you really want to understand what's happening, get out there, interact with the technology if you can. There's all kinds of ethical restrictions that don't allow enough people to be able to do that, but there should be mechanisms to allow you to interact with the technology, number one.Sigal (31:55):And number two, be open minded. Learn what's happening, what can the future look like, why do we think ultimately, why are there so many of us who've left government who are investing so much of our time and energy in these technologies because we actually believe that it's quite possible that this is where the future of finance lies. That's number one. Number two, if you're looking at how to regulate it, don't just put your mind around all the old tools that you know that you've come to rely on for the last century, right? This is a fundamentally new technology. It's transparent in a way that we haven't seen before. It's open source. There's so many different attributes of the technology that can help mitigate risk. And so be open to fresh new frameworks that potentially in my opinion not only, let's say on the AML side, can continue to drive illicit activity out, but really, really importantly can bring many more people around the world access to the financial ecosystem.There's 1.7 billion people, at least as of 2017, who didn't have access to banking. We got to solve that problem. It's not enough to go to inter agency or multilateral meetings all over the world and talk about it in five minute interventions, which is often what happens in these meetings. We got to really find the technology that can help solve those. And then US people, they need to really focus on how can they maintain that leadership. It's not going to be by calling things wild west and it's not going to be by only seeing things through the lens of old boxes and old frameworks that were built up when we were using the telegram. I mean, not the app Telegram, like those telegrams that they used in the '30s. And then also, perhaps not the same frameworks that we were using when we were still using the rotary phone. I mean, this is fundamentally new technology. Let's understand it and regulate it in a way that makes sense in light of the technology and allow it to experiment and grow so that we can build something out really together that can be truly extraordinary.Ari (34:13):I think that's so beautifully said. I share a lot of those sentiments. I've been lucky to have really the coolest jobs that you can ever have, so don't take this personally, Sigal. But I have the coolest job that I've ever had now. I think it's because I've just gotten to sort of engage with this incredible community of builders and innovators. And they all understand, I think, uniquely that we're building essentially a new financial system. I think it's so important that regulators sort of also embrace that moment, that this doesn't have to be the same. We don't have to do what we've done before. We can work with the technology. We can work with these builders sort of build something new. I think Solana is an amazing example of this because the focus on speed and the focus on sort of that incredibly strong community of NFT builders and gaming, and really I think all the things that are starting to develop to me are like really the future not just of kind of the technology, but really also compliance and regulation.The metaverse is not going to be a place that is entirely unregulated. It's going to be regulated, but it needs to be done in a super smart pro innovation kind of way. I'm so hopeful that these communities that I feel like I have been lucky enough to engage with over the last year or so, that regulators and policy makers are also engaging with them. So yeah, no, it's an incredibly exciting time. I don't know, I get up every morning kind of feeling that. I think it's sort of like, how do we inspire regulators and policy makers to kind of feel that same way.Amira (35:39):I'm revved up just hearing you about talk about this. Let's go.Ari (35:41):Let's go.Amira (35:41):All right.Ari (35:45):Sigal and Ari, thank you both so, so much for your time. We really appreciate it, and in giving us the inside view of what it's like to be a regulator dealing with these issues. I think I've learned a lot and I think our listeners have too. Thanks a bunch.Sigal (35:56):Thank you so much. And thanks for bringing us back together.Ari (35:59):Thank you so much. I loved it. Thank you so much.Sigal (36:02):Thank you. 

Some of the most skeptical crypto-investors have been drawn to "Stablecoins," a sub-class of cryptocurrency that by design should always be worth $1 USD. So how did one of the most popular Stablecoins, called "TerraUSD," crash overnight? Fortune Magazine joins us to explain stablecoins, what made this one unique, and what caused the coin to lose $42 Billion in value within days. Plus we're joined by Ari Redbord, a "Crypto-cop" and the Head of Legal and Government Affairs at TRM Labs, to learn how the blockchain is actually making it easier in some ways for law enforcement to trace and identify fraud online.

Interest in crypto is growing rapidly around the world. As more and more consumers start using cryptocurrencies and tokens, they expect fast, seamless, and safe blockchain transactions. But safety is a big problem in the crypto space—fraud and crime seem omnipresent, as funds get stolen, platforms get hacked, and headlines regularly report the latest crypto scams. TRM works to build a safer financial system by helping crypto businesses, financial institutions, and governments fight crypto fraud and crime. Focusing on digital asset compliance and risk management, they provide a platform to screen cryptocurrency wallets, transactions, and entities. Join TRM Labs' ​​Head of Legal and Government Affairs, Ari Redbord, in a fireside chat hosted by Cardstack's Founding Director Chris Tse on May 12, 2022 at 9:00 am EDT. In this interactive session, they will discuss how TRM uses blockchain solutions to detect, monitor, and investigate crypto fraud and crime. Agenda: The fireside chat will focus on these central points: Fraud and financial crime in the crypto space Regulations to prevent crypto crime and money laundering Current challenges in crypto crime prevention How TRM helps detect, monitor, and investigate financial crime What's next for TRM

Financial sanctions are being used against Russia for its invasion of Ukraine so we're exploring the role of cryptocurrency in the war. Is crypto being used to evade sanctions as assets are sezied and bank transactions blocked? Or is it simply a means of survival for millions of people in the region who can't access any other forms of money? We find out by talking to Gaby Hui from Merkle Science, former US government advisor Ari Redbord head of legal and government affairs at TRM labs, Artem Afian a Ukrainian lawyer who has compiled a blacklist of crypto wallets connected to Russian politicians, Sir Julian Lee, former EU commissioner for the Security Union and Sandra Ro, CEO of the Global Blockchain Business Council - a non-profit organisation focused on developing the blockchain industry. Presented by Tamasin Ford and produced by Clare Williamson. (Image: Representation of Bitcoin and Russian flag, Credit: Getty Images)

Kevin and Adam are privileged to be joined by Ari Redbord, Head of Legal and Government Affairs at TRM Labs, who took a break from what we suspect is his usual March routine of painting his face Duke Blue Devil blue and binge-watching the NCAA tournament to chat with us about President Biden's recent Executive Order on crypto and the role that crypto is playing (or not playing) in Russia's effort to evade international sanctions for their invasion of Ukraine. The coffee cake thing... you'll have to listen to find out. Claim 50 FUTR on Roll – https://app.tryroll.com/claim/FUTR-JUuhwhGSLfFA Join our Discord – https://discord.gg/NEbzX4z6 Twitter – @futurefolio, @kevinlum, @kadambloom Email: futurefoliopodcast@gmail.com DISCLAIMER – Opinions are solely our own until we change our minds. Not financial or legal advice. Entertainment purposes only. And possibly not even that.

Earlier this week, President Biden signed an executive order on cryptocurrencies, directing federal agencies to focus regulatory attention on six areas, protecting U.S. consumers and mitigating the risk of illicit activity. It also called for “urgency” around research and development efforts into a possible central bank digital currency (CBDC). For more, we spoke to Ari Redbord, head of legal and government affairs at TRM Labs, a cryptocurrency compliance firm. Congress has overhauled the U.S. Postal Service, but what kind of effects can actual postal workers expect? Diane Swonk wades through market activity with us. Keep independent journalism going strong. Give today to support Marketplace Morning Report. 

Earlier this week, President Biden signed an executive order on cryptocurrencies, directing federal agencies to focus regulatory attention on six areas, protecting U.S. consumers and mitigating the risk of illicit activity. It also called for “urgency” around research and development efforts into a possible central bank digital currency (CBDC). For more, we spoke to Ari Redbord, head of legal and government affairs at TRM Labs, a cryptocurrency compliance firm. Congress has overhauled the U.S. Postal Service, but what kind of effects can actual postal workers expect? Diane Swonk wades through market activity with us. Keep independent journalism going strong. Give today to support Marketplace Morning Report. 

Ari Redbord is the head of legal and government affairs for the blockchain intelligence firm, TRM Labs. Prior to joining TRM Labs, Ari held public sector roles involving cryptocurrency and national security at the Department of Justice and U.S. Department of the Treasury. In this episode, Ari and Lee break down President Biden's executive order on cryptocurrency. Ari Redbord's Twitter: @ARedbord TRM Labs Twitter: @TRMLabs  Lee's Twitter: @leereiners GFMC Twitter: @DukeGFMC Related Links *Executive Order on Ensuring Responsible Development of Digital Assets* https://www.whitehouse.gov/briefing-room/presidential-actions/2022/03/09/executive-order-on-ensuring-responsible-development-of-digital-assets/ *FACT SHEET: President Biden to Sign Executive Order on Ensuring Responsible Development of Digital Assets* https://www.whitehouse.gov/briefing-room/statements-releases/2022/03/09/fact-sheet-president-biden-to-sign-executive-order-on-ensuring-responsible-innovation-in-digital-assets/ *Background Press Call by Senior Administration Officials on the President's New Digital Assets Executive Order* https://www.whitehouse.gov/briefing-room/press-briefings/2022/03/09/background-press-call-by-senior-administration-officials-on-the-presidents-new-digital-assets-executive-order/  

Ari Redbord, former Treasury Department Senior Advisor & Head of Legal and Government Affairs at TRM Labs, checks in to discuss potential sanctions against Russia's oil and gas industries.

In the wake of the invasion of Ukraine, we have seen a wave of U.S. and European sanctions targeting Russia. Key financial institutions, the Russian Central bank, elites, key sectors such as energy, mining, telecommunications, and transportation have all been hit. Will Russia turn to cryptocurrency to evade sanctions?In this TRM Talks, Ari Redbord, Head of Legal and Government Affairs at TRM, is joined by Carole House, Director for Cybersecurity and Secure Digital Innovation for the White House National Security Council (NSC) and Todd Conklin, Counselor to the Deputy Secretary of the U.S. Treasury, to discuss Russia sanctions, the possibility of sanctioned Russian actors using crypto to evade sanctions, and how Treasury, the White House, and the U.S. government intend to enforce escalating sanctions on Russia.

Ari Redbord is Head of Legal & Government Affairs at TRM Labs & Former Senior Advisor for Terrorism & Financial Intelligence at the U.S. Treasury *Follow him on Twitter: @ARedbord. The idea of sanctioning a government, how it works, how these sanctions are being put into effect and whether they really have their intended effect.

Ryan talks to Ari Redbord, head of legal and government affairs at TRM Labs and former Senior Advisor for Terrorism and Financial Intelligence at the U.S. Treasury, about the sanctions levied against Russia.

Ari Redbord is the Head of Legal and Government Affairs at TRM Labs, the blockchain intelligence company. TRM provides next generation blockchain analytics software to governments, financial institutions and cryptocurrency businesses. Prior to joining TRM, Ari was the Senior Advisor to the Deputy Secretary and the Undersecretary for Terrorism and Financial Intelligence at the United States Treasury where he worked with teams from the Office of Foreign Assets Control (OFAC), the Financial Crimes Enforcement Network (FinCEN), and other Treasury components to use sanctions and other regulatory tools effectively to safeguard the financial system from illicit use. Prior to Treasury, Ari was an Assistant United States Attorney for the District of Columbia for eleven years. 2021 was the year of the NFT and it looks like 2022 might be a repeat! From Bored Apes to CryptoPunks, Top Shot to SNL, non-fungible tokens have exploded into pop culture, sports, and finance. But like anything that allows for value transfer at the speed of the internet, NFTs present unique risks from illicit actors who want to use emerging technology for money laundering and other illicit activity. Ari Redbord of TRM Labs joins us to talk about the NFT regulatory landscape, illicit finance risks and ultimately the power and promise of NFTs to solve complex problems way beyond art and collectibles.

More than a decade since Bitcoin's emergence, cryptocurrency continues to shake up the financial sector, keeping regulators on alert and intriguing the public. It simultaneously causes excitement about its possibilities, as well as concern about its illicit finance risks. But where are we exactly on crypto? Host Anton Moiseienko is joined by Ari Redbord of TRM Labs and CFCS's Allison Owen to take stock of cryptocurrency's evolution and what we might expect next.

John Byrne sits down with Jeffrey Alberts of Pryor Cashman LLP and Ari Redbord of TRM Labs to discuss the latest guidance from the Financial Action Task Force about a risk-based approach to virtual assets and virtual asset service providers. They discuss the importance of the definitions in the guidelines, how the proliferation of virtual assets is impacting the risk landscape, and how the guidance will impact participants in the virtual asset space.

TRM Labs delivers cryptocurrency fraud detection and anti-money laundering (AML) solutions to financial institutions and governments worldwide.  Ari Redbord (@ARedbord) is Head of Legal & Government Affairs at TRM. Prior to joining TRM, Ari served at the United States Department of the Treasury as a Senior Advisor to the Deputy Secretary and the Under Secretary for Terrorism and Financial Intelligence (TFI). In this capacity, Ari worked with teams from the Financial Crimes Enforcement Network (FinCEN), Office of Foreign Assets Control (OFAC), and other Treasury and interagency components on issues related to cryptocurrency, sanctions, the Bank Secrecy Act, and anti-money laundering strategies. Drew Morris (@Drew_Morris) is Legal Counsel at TRM. Prior to TRM, Drew was General Counsel at WorkJam and an Associate at Wilson Sonsini Goodrich and Rosati LLP.  Show highlights: - Ari's introduction to crypto through experience with North Korea - Why TRM Labs is an important part of the crypto ecosystem - TRM Talks - Comparing the startup environment with work as a prosecutor - What they both learned in previous roles - FATF's final version of its Updated Guidance for a Risk-Based Approach for Virtual Assets and Virtual Asset Providers - VASP - What makes a top calibre lawyer - How to network in the legal profession & much more.

How To Be Crypto Compliance Ready In 2022 For Less Than $250Welcome to the episode 13 of the 2nd season of “WE WERE ON A BREAK” - Ross Voice. The series where the host, Stephen Brent Sargeant (Compliance Consultant to Bitfinex) talks to industry professionals during the CoronaVirus (COVID-19) quarantine and gains industry insights and expertise. Before we get into to the holidays, its only tradition to dress up like Santa Clause and Deliver as much value as possible, to help future crypto compliance professionals prep for 2022. In this session, Stephen talks about some of the free and less expensive resources to be prepared to get into blockchain analytics, to possibly use the blockchain investigation tools and to get up to speed with everything crypto compliance and blockchain investigations for less than the cost of Eth Gas fees on your favorite NFT project. Listen carefully to reveal how to get discounts on great courses and access to investigation tools **This interview was recorded on Dec. 19, 2021**Disclaimer**The views and opinions expressed in this episode (and all episodes) are those of the host and the guests. They do not purport to reflect the opinions or views of their employers, contractors or any organization they may be affiliated with now or in the future. Time Stamps (Return back to your favorite point of the episode):•(1:20) – Why The Crypto Crime Report Is One Of The Best In The Industry (mentioned: Chainalysis) •(3:50) – The Elliptic Typologies Report Is One Of The Most Underrated Reports In The Industry (mentioned: Elliptic, Liat Shetret, Tom Robinson, ManchesterCF)•(5:18) – What If You Don't Like To Read And You Want To Listen To Great Crypto Compliance Content (mentioned: TRM Labs, Ari Redbord, OFAC) •(7:01) - The Sleeper Crypto Investigations Course (mentioned: Udemy, Victor Fang, Steven Yang) •(10:33) The Best Blockchain And Cryptocurrency Compliance Books To Read (mentioned: Lorne Lantz, Nick Furneaux, Asset Realty, Aidan Larkin) •(12:20) – What Is The First Course You Should Take For Blockchain Investigations (mentioned: C4, Peter Warrack, Michael Perklin, Shapeshift, Andreas Antonopolous, Rodney McInnes, Amber Scott, Joshua McDougall) •(15:05) – Summary Of All The Courses And Reports (mentioned: TCAE, Melanie Lefebvre, Ciphertrace) Stephen Brent Sargeant (Host)•LinkedIn (Best way to reach me) - linkedin.com/in/stephen-brent-sargeant-cams•Instagram (Everyday type stuff) https://www.instagram.com/stephen_b_sargeant/•Twitter (I communicate in GIFs) - https://twitter.com/lifesgt•Business Related Matters (Let's Collab): stephenbsargeant@gmail.comResources: •The Chainalysis Crypto Crime Report: https://go.chainalysis.com/2021-Crypto-Crime-Report-demo.html?aliId=eyJpIjoiSFhodzNcL0tGMFkySzV5TlUiLCJ0IjoibE1TWFwvTDM2Y0lENHJhVFpOekVQeUE9PSJ9•The Elliptic Typologies Report https://www.elliptic.co/resources/typologies-concise-guide-crypto-leaders•TRM Talks – Short 10 minute webinars: https://www.trmlabs.com/category/trm-talks•Intro To Cryptocurrency Forensics & Investigation: https://www.udemy.com/course/intro-to-cryptocurrency-forensics-investigation/•Certified Bitcoin Professional: https://cryptoconsortium.org/certifications/cbp/•Mastering Blockchain: https://www.amazon.ca/Mastering-Blockchain-Cryptocurrencies-Decentralized-Applications/dp/1492054704/ref=sr_1_4?crid=1RHT8RMV0SRDY&keywords=mastering+blockchain&qid=1639972556&s=books&sprefix=mastering+blockc%2Cstripbooks%2C74&sr=1-4•Investigating Cryptocurrencies: https://www.amazon.ca/Investigating-Cryptocurrencies-Understanding-Extracting-Blockchain/dp/1119480582Background Music (beat name: Leslie)•Goose Goddi (Music Producer) - https://instagram.com/goosegoddi?igshid=1paia8lwy2x3o•Beats Can Be Found On Amazon Music - https://www.amazon.com/Music-Station-Goose-Goddi/dp/B08B4BLCH1

How To Get Mentored By The Best Crypto Compliance Professionals In The IndustryWelcome to the episode 10 of the 2nd season of “WE WERE ON A BREAK” - Ross Voice. The series where the host, Stephen Brent Sargeant (Compliance Consultant to Bitfinex) talks to industry professionals during the CoronaVirus (COVID-19) quarantine and gains industry insights and expertise. I'm going back-to-back this week and dropping another episode discussing how to get mentored by the best compliance professionals in the industry without actually having to talk to them or asking them for mentorship. In this session, Stephen talks about some of the steps you can take to gain mentorship and get to know the best in the industry, even before meeting them in person or connecting with them on social media. I give you the tips and strategies to approach industry allstars with more meaningful conversations and deeper discussions. This episode could single handledly change your career. Hope this helps that one person that is tired of looking at themselves in the mirror and wants to take control of their life **This interview was recorded on Dec. 08, 2021**Disclaimer**The views and opinions expressed in this episode (and all episodes) are those of the host and the guests. They do not purport to reflect the opinions or views of their employers, contractors or any organization they may be affiliated with now or in the future. Time Stamps (Return back to your favorite point of the episode):•(0:40) – Disclaimer – You Shouldn't Ask Anyone To Become Your Mentor Without A Plan•(2:05) – The Best Way To Gain Mentorship Is Follow The Professional's Content (mentioned: ACAMS and ACFCS) •(3:08 – Determine If You Have Any Common Personal Interests / Hobbies (mentioned: Ari Redbord, Liat Shetret, Nkrumah Pierre, Shelley Schachter-Cahm, Peter Warrack, Leonardo Real, Timea Nagy, Dev Odedra, Journey Li, Nansen, Elliptic, Dante Disparte, Jeremy Allaire, Souzan Esmaili )•(5:30) – Pay To Sit Beside The Industry Leaders (mentioned: Chainalysis, Elliptic, Fintrail, CIFCA, Samky Mak, Tiffany Tsang, Faisel Saeed) •(8:58) - Find The Passion Project That These Industry Professionals Are Working On (mentioned: Rodney McInnes, David Vijan, Amber D. Scott, Outlier, Dante Disparte, Circle) •(13:45) Mentorship Should Be Mutually Beneficial (mentioned: Souzan, TCAE) •(16:05) – How To Add Value When You May Not Have All The Skills Necessary Stephen Brent Sargeant (Host)•LinkedIn (Best way to reach me) - linkedin.com/in/stephen-brent-sargeant-cams•Instagram (Everyday type stuff) https://www.instagram.com/stephen_b_sargeant/•Twitter (I communicate in GIFs) - https://twitter.com/lifesgt•Business Related Matters (Let's Collab): stephenbsargeant@gmail.comBackground Music (beat name: Leslie)•Goose Goddi (Music Producer) - https://instagram.com/goosegoddi?igshid=1paia8lwy2x3o•Beats Can Be Found On Amazon Music - https://www.amazon.com/Music-Station-Goose-Goddi/dp/B08B4BLCH1

Ari Redbord is the head of legal and government affairs at TRM Labs, the leading blockchain intelligence company in the industry. Prior to joining TRM, Redbord was the senior adviser to the deputy secretary and the undersecretary for terrorism and financial intelligence at the US Treasury. In this episode of Cybersecurity Unplugged, Redbord discusses: Tacking down criminals by tracing the flow of funds from ransom payments; Threats in crypto and the blockchain; Modernizing laws regarding cybercrime.

Ari Redbord is the head of legal and government affairs for the blockchain intelligence firm, TRM Labs. Prior to joining TRM Labs, Ari held public sector roles involving cryptocurrency and national security at the Department of Justice and U.S. Department of the Treasury. In this episode, Ari discusses the first time he encountered cryptocurrency as a federal prosecutor, how crypto is being used to evade and undermine US economic sanctions, and how firms like TRM Labs can leverage public blockchains to trace illicit activity.   Ari Redbord's Twitter: @ARedbord   TRM Labs Twitter: @TRMLabs   Related Links   *Ban Cryptocurrency to Fight Ransomware   https://www.wsj.com/articles/ban-cryptocurrency-to-fight-ransomware-11621962831   *Crypto Isn't the Cause of Ransomware. It Might Be the Cure   https://www.coindesk.com/policy/2021/09/14/crypto-isnt-the-cause-of-ransomware-it-might-be-the-cure/

How To Fight Ransomware in Cryptocurrency And Understand OFAC SanctionsWelcome to the episode 7 of the 2nd season of “WE WERE ON A BREAK” - Ross Voice. The series where the host, Stephen Brent Sargeant (Compliance Consultant to Bitfinex) talks to industry professionals during the CoronaVirus (COVID-19) quarantine and gains industry insights and expertise. On the heels of the Department of the Treasury's Office of Foreign Assets Control's (OFAC) designation of SUEX OTC, (SUEX), a virtual currency exchange, special guest Ari Redbord (Head of Legal and Government Affairs) of leading Blockchain Intelligence Company, TRM Labs and Stephen breakdown the historic approach of Sanctioning a cryptocurrency exchange and how the industry stakeholders react to the concentrated efforts of USA law enforcement and regulators to counter Ransomware. In this session, we go deep into the mind of the USA regulators, VASPs and Ransomware victims to determine the implications on such a huge Sanctions announcement and how updated guidance from US Dept. of Treasury could put pressure on illicit actors and VASPs alike in complying with the emerging interest of Ransomware by International Law Enforcement and Regulators. **This interview was recorded on Oct. 8, 2021**Disclaimer**The views and opinions expressed in this episode (and all episodes) are those of the host and the guests. They do not purport to reflect the opinions or views of their employers, contractors or any organization they may be affiliated with now or in the future. Time Stamps (Return back to your favorite point of the episode):•(1:50) – Who Is Ari Redbord And The Man Behind The Million Dollar Smile•(03:20) – Understanding How Dept. Of Treasury And Other Agencies Align Approach Against Illicit Actors•(6:50) – There Is No Such Thing As An Unregulated Exchange Only Non-Compliant Exchanges•(8:05) – What Is A Physical Crypto Exchange Doing In A Decentralized World •(9:00) – Explaining What Are Nested Exchanges And Parasite VASPS •(11:35) – What Role Do Larger Exchanges Have In Monitoring Their Exchange Customers •(14:40) – Why Did They Stop At SUEX And Not Go After Other Exchanges By Same Operator•(17:40) – How Much Reach Do USA Regulators Have When Enforcing SANCTIONS On Foreign Crypto Operators•(20:05) – What Is The Impact Of Regulations And Sanctions On Cryptocurrency •(23:38) – What Happens In The First 48 Hours Of Crypto Hacks, Scams And Thefts (mentioned Rich Sanders from Cipherblade)•(26:15) – How Does TRM Labs Guide Their Clients On Ransomware Risk Mitigation•(30:16) – Are NFTs Unlicensed Securities And How Do NFT Projects Prepare For Regulation •(33:16) – Why Is There More Focus On NFTs Than Traditional Art / Luxury Goods Re: AML•(36:52) – How Do Victims Of Ransomware Avoid Contributing To Sanctions Evasion / Terrorist Financing •(41:25) – How To Protect Yourself From Phishing Attacks And Social Engineering •(45:06) – Highlights From ACAMS Las VegasStephen Brent Sargeant (Host)•LinkedIn (Best way to reach me) - linkedin.com/in/stephen-brent-sargeant-cams•Instagram (Everyday type stuff) https://www.instagram.com/stephen_b_sargeant/•Twitter (I communicate in GIFs) - https://twitter.com/lifesgt•Business Related Matters (Let's Collab): stephenbsargeant@gmail.comAri Redbord (Guest)•LinkedIn (Fabolous Posts) - https://www.linkedin.com/in/ari-redbord-4054381b4•LinkedIn (TRM Labs) https://www.linkedin.com/company/trmlabs/•Twitter (TRM Labs) - https://twitter.com/trmlabs?s=20•Company Website (TRM Labs): https://www.trmlabs.com/Resources •Treasury Comments On Release of Ransomware-Related Data and Guidance: https://www.trmlabs.com/post/watch-the-interview-treasury-comments-on-release-of-ransomware-related-data-and-guidance•OFAC takes first action against cryptocurrency exchange and issues updated ransomware advisory: https://www.trmlabs.com/post/ofac-takes-first-action-against-cryptocurrency-exchange-and-issues-updated-ransomware-advisory•Behind Suex.io: the first sanctioned cryptocurrency exchange: https://www.trmlabs.com/post/behind-suex-io-the-first-sanctioned-cryptocurrency-exchange•Ransomware & Cyberattacks in the Age of Crypto: https://www.trmlabs.com/post/register-now-ransomware-cyberattacks-in-the-age-of-crypto•OFAC Sanctions SUEX.io Cryptocurrency Exchange: What Every AML / Compliance Professional Needs To Know: https://www.linkedin.com/posts/stephen-brent-sargeant-cams_ofac-sanctions-suexio-crypto-exchange-activity-6849691432601600001-KG_z•US Department of Treasury Press Release: https://home.treasury.gov/news/press-releases/jy0364•US Department of Treasury :Updated Advisory on Potential Sanctions Risks for Facilitating Ransomware Payments:https://home.treasury.gov/system/files/126/ofac_ransomware_advisory.pdfBackground Music (beat name: Leslie)•Goose Goddi (Music Producer) - https://instagram.com/goosegoddi?igshid=1paia8lwy2x3o•Beats Can Be Found On Amazon Music - https://www.amazon.com/Music-Station-Goose-Goddi/dp/B08B4BLCH1

Former U.S. Treasury Official and current Head of Legal and Government Affairs at TRM Labs, Ari Redbord, takes a close look at the reasons why stamping out cryptocurrency to stall ransomware attacks would be a big mistake. Read the story here. This episode is sponsored by Kava, Nexo.io and Bitstamp.This episode was edited & produced by Adrian Blust with music production by Doc Blust & Colin Mealey-Kava lets you mint stablecoins, lend, borrow, earn and swap safely across the world's biggest crypto assets. Connect to the world's largest cryptocurrencies, ecosystems and financial applications on DeFi's most trusted, scalable and secure earning platform with kava.io.-Nexo.io lets you borrow against your crypto at 6.9% APR, earn up to 12% on your idle assets, and exchange instantly between 100+ market pairs with the tap of a button. Get started at nexo.io.-Bitstamp is the world's longest-running cryptocurrency exchange, supporting investors, traders and leading financial institutions since 2011. With a proven track record and dedication to personal customer service with a human touch, Bitstamp's fast, secure and reliable crypto investing platform is trusted by over four million people worldwide. To learn more, visit www.bitstamp.net.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The Success Advisor Blueprint: How To Make $25,000 In One Month As An AML / Compliance ProfessionalWelcome to the episode 6 of the 2nd season of “WE WERE ON A BREAK” - Ross Voice. The series where the host, Stephen Brent Sargeant (Compliance Consultant to Bitfinex) talks to industry professionals during the CoronaVirus (COVID-19) quarantine and gains industry insights and expertise. It has been a while since I have just come on the podcast and gave my raw thoughts about how to be successful and after earning over $25,000 in One Month, I decided to share some of the lessons that have contributed to this success. For those that think success and money is only promised to a special few or those who were ultra talented, born into financial freedom or got lucky, this episode will teach you how someone completely new to AML / Compliance like myself, was able to becomes successful just by the way I show up and by my beliefs. If you aren't earning the money that you want, not living the life you had aspired for or are waking up every day frustrated, this is a must listen.For those that are looking for links to my coaches:•Professional / Personal Development Coach (Hina Khan - https://www.hinakhan.ca/) •Body composition Fitness coach (Jase Stevens - http://www.manthefup.com/). **This interview was recorded on July 18, 2021**Disclaimer**The views and opinions expressed in this episode (and all episodes) are those of the host and the guests. They do not purport to reflect the opinions or views of their employers, contractors or any organization they may be affiliated with now or in the future. This podcast contains strong language which may be offensive to some listeners/viewers and / or inappropriate for children. This podcast is intended for a mature audience only Time Stamps (Return back to your favorite point of the episode):•(:55) – Do You Have Limiting Beliefs or Expired Beliefs About Money •(2:25) – Why Do I Call This A Success Advisor “Blueprint”•(3:53) – Stop Asking People For Advice (mentioned: CIFCA / Peter Warrack) •(6:00) – Investing Money On Coaches (mention Hina and Jase Stevens) •(8:50) – The Expensive Part Of Coaching Is The Trial and Error Of Finding The Coach That Works For You•(10:02) – Why Making Money Is A Good Thing (mention: TCAE) •(11:30) – Money Is Energy. How To Add Value In Every Interaction•(12:27) – Why Investing In An Interview Process Is A Way To Stand Out Of The Crowd (mentioned: Simon / Chainalysis) •(15:37) – How Much Time Are You Spending On Yourself•(18:55) – How TCAE Is Going To Help Impact Thousands Of People (mention: Souzan, TCAE, Chainalysis)•(19:58) – You Don't Have To Pay For Mentorship In The Information Age (mention: Dante Disparte, Ari Redbord, Liat Shetret, Amber Scott)•(22:45) – How To Get Your Level Of Awareness To Have Multiple Sources Of Income •(23:55) – Why Are We Applying To Jobs We Don't Even Want (mention: Mel Lefebvre) •(26:25) – IDGAF About What People Think About Me •(29:29) – What Does Having “No Budget” Actually Mean •(30:25) – Why Was The Pandemic A Blessing In Disguise•(32:21) – How Can Serving Others Turn Into A Successful Strategy (mention: David Metlzer, FINTRAIL) •(34:42) – If You Think AML Education Is Too Expensive, Why Are You Still Buying •(37:30) – You All Didn't Tell Me I Was Fat Stephen Brent Sargeant (Host)•LinkedIn (Best way to reach me) - linkedin.com/in/stephen-brent-sargeant-cams•Instagram (Everyday type stuff) https://www.instagram.com/stephen_b_sargeant/•Twitter (I communicate in GIFs) - https://twitter.com/lifesgt•Business Related Matters (Let's Collab): stephenbsargeant@gmail.comResources •Hina Khan (Coaching, Therapy, Mastermind, Couple's Coaching): http://www.hinakhan.ca/ and hina@hinakhan.ca•Stand Out Of The Crowd To Elevate Your Career (Webinar): https://tcae.ca/stand-out-of-the-crowd-to-elevate-your-career•5 Ways To Get Started In AML (Guide): https://www.linkedin.com/posts/stephen-brent-sargeant-cams_a-5-step-guide-to-get-you-started-in-aml-activity-6496345660709830656-95sZ•Dream Job Checklist (Post): https://www.linkedin.com/posts/stephen-brent-sargeant-cams_dream-job-checklist-activity-6625374417709080577-kZpV•Ten Reasons You Aren't Being Considered For The Job: https://www.linkedin.com/pulse/ten-reasons-you-arent-being-considered-job-sargeant-cams-cbp•The More You Connect, The More Opportunities You Get: https://www.linkedin.com/posts/stephen-brent-sargeant-cams_aml-compliance-activity-6676091997528330240-2pDpBackground Music (beat name: Leslie)•Goose Goddi (Music Producer) - https://instagram.com/goosegoddi?igshid=1paia8lwy2x3o•Beats Can Be Found On Amazon Music - https://www.amazon.com/Music-Station-Goose-Goddi/dp/B08B4BLCH1

Ari Redbord is the Head of Legal and Government Affairs at TRM Labs, the blockchain intelligence company. Prior to joining TRM, Ari was the Senior Advisor to the Deputy Secretary and the Undersecretary for Terrorism and Financial Intelligence at the United States Treasury. In that position, Ari led teams from the Office of Foreign Assets Control (OFAC), the Financial Crimes Enforcement Network (FinCEN), and other Treasury components to use sanctions and other regulatory tools effectively to safeguard the financial system from illicit use by terrorist financiers, weapons of mass destruction proliferators, drug kingpins, and other rogue actors, including Iran, Syria, North Korea and Venezuela. In addition, Ari worked closely with regulators, the Hill and the interagency on issues related to the Bank Secrecy Act, cryptocurrency, and anti-money laundering strategies. Prior to Treasury, Ari was an Assistant United States Attorney for the District of Columbia for eleven years where he investigated and prosecuted terrorism, espionage, threat finance, cryptocurrency, export control, child exploitation and human trafficking cases. In this episode, we discuss Ari's background as a federal prosecutor and his work at the blockchain intelligence company. What made him choose to join a tech startup after a career in government? What is his to lawyers navigating the transition?

Every other week, TRM's Global Head of Policy, Ari Redbord, sits down with business leaders, policy makers, and investigators from across the globe to talk about the key crypto policy, regulatory and enforcement issues of the day.