AML Failures in the Cryptocurrency Sector: Binance and Beyond
This webinar forms part of the 2025 AML Case Studies Series.
Description
This webinar will examine key anti-money laundering (AML) failures within the cryptocurrency sector, focusing on high-profile case studies such as Binance and FTX. It will explore regulatory lessons learned, including whether red flags at FTX could have been identified earlier. The session will also cover evolving regulatory approaches to platforms like TornadoCash and consider the potential direction of crypto oversight under the Trump administration, with particular attention to emerging FCC challenges.
This webinar provides one-hour of CPD and offers insights and updates from a leading industry-expert speaker.
Delegates places are interchangeable with colleagues from the same organisation.
Content
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Binance AML Lapses – case study
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FTX – could we have seen it coming – case study
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Evolutions in treatment of TornadoCash by regulatory bodies
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Crypto in the Trump administration – evolving FCC challenges
Presenter
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David Soiles Financial Crime Compliance Advisory at Capgemini |
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David is Capgemini’s FCC Fintech Practice Lead based in the New York office. David specializes in digital asset FCC compliance, and has both (i) conducted AML audits of digital asset firms of all sizes, and (ii) helped build out FCC compliance programs at many digital asset firms. David helps clients to enhance their financial crime compliance control frameworks through advice and tech-enabled solutions across the three lines of defence. This includes assisting Front Office, Operations, Compliance and Internal Audit functions to transform their programmes through process automation, AI/ML, analytics and expert advice. He provides support to regulated firms by undertaking quality assurance reviews, proactive programme reviews in advance of regulatory visits, on-site audits, benchmarking reviews, program design and implementation projects, process re-engineering and automation, issue management and validation and specialist training. Through his work, David has assisted clients to manage risk more effectively, sustainably and in line with applicable regulatory requirements, industry guidance and best practice, whilst making proportionate and practical recommendations that deliver desired risk management outcomes. |