Jog Hiller
February 13th, 2025, 17:28
Chain melting introduces asset attack authentication, providing the skills to effectively seize crypto assets on law enforcement agencies and address the challenges of modern financial crime.
Chainalysis has announced the launch of Asset Sheizure Certification (CASC), a program designed to assist law enforcement professionals with the knowledge and tools they need to effectively seize cryptocurrency assets. The initiative has revealed $40 billion in illegal activities in response to the increasing complexity of financial crimes involving digital currencies, as highlighted in the recent Crypto Crime Report.
Addressing the complexity of crypto crime
The report shows criminals are using cryptocurrency to blur their activities, often driving illegal funds between digital and traditional financial systems. An example of this complexity is the volatile operations in which the UK’s national criminal institutions disrupt Russia’s money laundering networks across more than 30 countries. This case highlights the need for law enforcement to become proficient in tracking and seizing crypto assets.
Chain dialysis asset seizure certification
The CASC program offers a comprehensive curriculum that combines traditional research methods with blockchain expertise. Participants receive practical training in chain dialysis techniques such as reactors and wallet scans to manage recovery seeds and efficiently process evidence. This training is intended to address common challenges faced by investigators, such as limited training opportunities and the complexity of crypto wallets.
Phil Larratt, former senior manager of the NCA and global services director at Chainalysis, highlighted the importance of professional tools and training. The CASC program seeks to alleviate these challenges by providing actionable guidance and practical training.
Real-world impacts and technical solutions
Chainalysis integrates advanced software solutions into the CASC program to help law enforcement research. Chain melting furnaces allow investigators to track funds across the blockchain, and wallet scans automate wallet recovery and streamline the process of identifying and seizing assets. These tools have already proven effective, and wallet scans can help you recover a significant amount of money previously overlooked.
As governments around the world introduce new laws to better manage crypto assets, including the UK’s recent authority to seize crypto assets used by criminals, the CASC programme is the one that law enforcement agencies have. It is positioned to effectively handle the challenges of The program is supported by Chainalysis experts and offers a complete solution for cryptographic investigations.
I’m looking forward to it
The CASC program aims to build a community of certified experts equipped to handle cryptocurrency as there is growing recognition of the role of cryptocurrency in financial crime. Participants will learn to identify, secure and manage crypto assets, ensuring best practices are followed during the investigation. Chainalysis offers additional support through global services that provide expert-driven solutions for complex investigations.
For more information, please visit the ChainAlysis website.
Image source: ShutterStock
