The Web3 Watchdogs

Michael Pearl interviews Wee Siang Lee, Executive Director and Head of APAC compliance at Paxos. They discussed the intersection of compliance, regulation, and innovation in the crypto space. They also explore Wee-Siang's journey from traditional finance to the crypto world, the role of Paxos in the stablecoin ecosystem, and the regulatory challenges faced by stablecoin issuers. The conversation also delves into the mechanisms of stablecoin issuance, the importance of operational hygiene in preventing hacks, and the compliance measures necessary for cashing out stablecoins. Additionally, they discuss the evolving landscape of scams in the crypto industry and the differentiation between Pax Dollar and Pax Gold.(01:12) Wee Siang's Journey in Compliance(04:33) Paxos: Infrastructure and Regulatory Framework(08:46) Regulatory Landscape for Stablecoins(11:41) Challenges in Multi-Jurisdictional Regulation(14:56) On-Chain Mechanisms of Stablecoin Issuance(18:58) Protecting Smart Contracts and Operational Hygiene(23:25) Compliance Measures for Cashing Out Stablecoins(27:04) Understanding Scams and Fraud Prevention(30:46) Differentiating Pax Dollar and Pax GoldThe Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like Binance, Ledger, BitGo, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠⁠⁠

Michael Pearl interviews Sebastian Heine, Chief Compliance Officer and MLRO for UAE at Mantra Finance. They discuss the evolving landscape of compliance in the Web3 space, the unique position of Mantra in the blockchain ecosystem, and the importance of regulatory frameworks for tokenization and decentralized finance. Sebastian shares insights on the role of compliance in ensuring the safety and security of blockchain operations, the challenges of anti-money laundering in DeFi, and the future integration of traditional finance with decentralized finance.Chapters:(00:30) Introduction (03:00) Sebastian Heine's Journey in Crypto Compliance(05:59) Understanding Mantra's Unique Position in the Blockchain Space(09:00) The Role of Compliance in Decentralized Finance(11:47) Licensing and Regulatory Framework for Blockchains(14:47) Managing Risks and Liabilities in Blockchain Operations(18:09) Anti-Money Laundering Strategies in DeFi(21:01) Tokenization of Real-World Assets and Legal Implications(29:59) The Future of DeFi and TradFi IntegrationThe Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like Binance, Ledger, BitGo, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠⁠⁠

Michael Pearl interviews Alexey Tyupanov, CEO of Shift DeFi. They discuss Alexey's transition from traditional finance to the decentralized finance (DeFi) space, the unique risks associated with DeFi compared to traditional finance, and the importance of building a robust rating model for DeFi protocols. Alexey emphasizes the need for improved user experience and trust in the DeFi ecosystem to attract a broader audience. The conversation also covers operational risks, monitoring strategies, and the future of DeFi as it seeks to bridge the gap with traditional finance.Topics:(00:30) Introduction to Alexey Tyupanov(00:59) Journey from Mathematics to Crypto(04:20) Understanding the DeFi Landscape(06:02) Building Shift: A Bridge to DeFi(08:44) Liquidity Provisioning in DeFi(10:13) Risk Management in DeFi(21:06) Developing a Rating Model for DeFi(30:48) Monitoring and Reporting in DeFi(35:25) Making DeFi Accessible for Everyone(38:25) The Future of DeFi and User ExperienceThe Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like Ledger, BitGo, 21Shares, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠⁠

Michael Pearl interviews Ajinkya Tulpule, Managing Director of bitFlyer Europe. They discuss Ajinkya's transition from a financial regulator to the crypto industry, the compliance-focused ethos of bitFlyer, and the challenges posed by evolving regulations in Europe. The conversation also touches on security measures, consumer protection, and the potential impact of AI on user experience in crypto exchanges.(00:00) Introduction to Ajinkya's Journey in Crypto(03:26) Transitioning from Regulator to Industry(05:27) Overview of BitFlyer and Its Compliance Focus(07:08) User Base and Unique Features of BitFlyer(10:32) Regulatory Challenges with Stablecoins(14:09) Comparing Global Regulatory Approaches(18:00) Security Measures and Learning from Competitors(20:55) Consumer Protection and Regulatory Accountability(28:20) Impact of PSD3 on Crypto Exchanges(31:24) The Role of AI in Crypto ExchangesThe Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like Ledger, BitGo, 21Shares, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠⁠

Michael Pearl interviews James Toledano, COO of Unity Wallet. They discuss the evolution of cryptocurrency, the importance of user-friendly interfaces in wallets, and the integration of AI to enhance user experience. James shares insights on the features of Unity Wallet, including self-custody, security measures, and the regulatory landscape affecting DeFi. The conversation highlights the future of non-custodial wallets and the need for seamless usability to promote wider adoption of cryptocurrency.(00:30) Introduction to James Toledano(03:32) James Toledano's Journey to Unity Wallet(06:37) Understanding Unity Wallet's Features and User Experience(09:36) The Role of AI in Enhancing User Interaction(12:49) Swapping and Staking: Unity Wallet's Core Functions(15:29) Security Measures and User Protection in DeFi(18:44) Navigating Regulatory Challenges in the Crypto Space(22:36) The Future of Non-Custodial Wallets and Innovations(35:18) Conclusion and Final Thoughts on Crypto AdoptionThe Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like Ledger, BitGo, 21Shares, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠⁠

Michael Pearl interviews J.M. Porup, the CISO of Berachain, discussing the critical intersection of Web2 and Web3 security. They explore the importance of addressing Web2 vulnerabilities to prevent Web3 compromises, the evolving landscape of security in the crypto space, and the implications of high-profile hacks. J.M. shares insights on the security roles within blockchain projects, the regulatory environment, and the future of stablecoins, emphasizing the need for robust security measures as the industry grows.Chapters:(02:13) Why Web2 Security Still Matters in Web3(05:01) Inside Berachain’s Security Philosophy(10:51) The Real-World Challenges of Web3 Security(15:21) What CISOs Actually Do in Blockchain Projects(18:41) Post-Mortem: What Recent Hacks Tell Us(24:18) The Overlooked Web2 Threats in DeFi(26:30) Why Compliance ≠ Security(33:10) Stablecoins, Risk, and the Road AheadThe Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like Ledger, BitGo, 21Shares, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠⁠

Michael Pearl interviews Martins Benkitis, co-founder and CEO of Gravity Team. They discuss the evolution of Gravity, the importance of liquidity in crypto trading, the technology behind their trading operations, and the security risks associated with centralized exchanges. The conversation also covers the regulatory landscape for market makers, the rise of stablecoins, and the challenges of compliance and transparency in the crypto space.Chapters:(03:14) Martins Benkitis: Background and Founding Gravity(05:57) Gravity's Trading Operations and Technology(08:40) Understanding Market Makers and Liquidity Providers(11:07) Security Risks in Centralized Exchanges(15:18) Impact of Hacks on Token Value(17:54) Regulatory Landscape for Market Makers(21:12) The Rise of Stablecoins and Market Maker Incentives(26:08) Future of Stablecoins and Compliance ChallengesThe Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like Ledger, BitGo, 21Shares, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠⁠

Michael Pearl sits down with Ben Grolimund, General Manager of Flipster in the UAE. With over 17 years of experience in fintech and crypto, Ben brings deep insights into the fast-evolving landscape of digital asset trading. The conversation dives into Flipster’s unique approach to derivatives, and why the UAE is emerging as a global crypto hub.They explore key issues like security best practices, regulatory clarity, and real-time compliance monitoring—critical elements for any serious crypto exchange. Ben also shares his take on the future of stablecoins and how Flipster is positioning itself for continued growth. Chapters:(01:46) Ben Grolimund's Background and Experience(03:30) Understanding Flipster's Unique Proposition(06:39) The Rise of Perpetuals and Derivatives(11:29) Why the UAE is a Crypto Hub(15:06) Regulatory Landscape in the UAE(19:38) Security and Compliance in Crypto Exchanges(28:27) The Future of StablecoinsThe Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like Ledger, BitGo, 21Shares, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠⁠

Michael Pearl speaks with Oliver Linch, CEO of Bittrex, about the exchange’s final chapter and what it reveals about the state of regulation, compliance, and trust in Web3.A seasoned legal mind turned crypto executive, Linch reflects on Bittrex’s pioneering role in advocating for regulatory frameworks long before it was standard. The conversation covers everything from Bittrex’s emphasis on security and innovation, to the harsh realities of winding down an exchange in today’s turbulent market. Linch doesn’t shy away from hard truths - calling out the lag in regulation, the persistence of fraud and scams, and the importance of protecting users even during shutdown.A powerful episode on legacy, accountability, and what it really means to be compliant in crypto.Chapters:(01:54) Oliver Linch's Background and Transition to CEO(12:19) Bittrex at Its Prime: A Historical Overview(18:17) The Evolution of Crypto Exchanges and Regulation(23:56) Security vs. Regulation: The Ongoing Debate(29:05) Fraud, Scams, and Consumer Protection in Crypto(34:08) The Future of Bittrex and Closing RemarksThe Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like Ledger, BitGo, 21Shares, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠⁠

Michael Pearl interviews Carla Van Sintfiet, the Chief Financial and Risk Officer at Poolder. Carla shares her unique journey from a background in science to the world of finance and crypto. She discusses the challenges of balancing growth and risk management in the fast-paced DeFi space, the importance of robust AML systems, and how AI is revolutionizing risk management. Carla emphasizes the need for a hybrid approach to security and compliance, navigating complex global regulations, and fostering a culture of risk awareness within organizations.Episodes-(03:57) Carla's Journey from Science to Finance(04:45) Understanding Poolder: A New Crypto Investment Platform(06:54) Balancing Growth and Resilience in Risk Management(09:44) Mitigating Security Risks in Smart Contracts(12:35) Adapting to the Fast-Paced Crypto Environment(15:21) Building a Robust AML System(18:05) The Role of AI in Risk Management(21:07) Assessing Risks in DeFi Protocols(23:30) Navigating Global Regulatory Frameworks(26:48) Hybrid Approach to Security and Compliance(29:01) Fostering a Culture of Risk AwarenessThe Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like Ledger, BitGo, 21Shares, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠⁠

Michael Pearl interviews Noratip Dhanasarnsilp, the Chief Risk and Internal Control Officer of Bitkub - Thailand's largest centralized crypto exchange. They discuss Noratip's journey from IT security at Deloitte to leading risk management at Bitkub, the company's mission to democratize finance, and the growing Thai crypto landscape. Noratip elaborates on the importance of building a proprietary blockchain, the various risks associated with centralized exchanges, and the measures Bitkub takes to combat fraud and financial crimes. The conversation also touches on collaboration with telecom companies and banks to enhance security and compliance in the crypto space, as well as the evolving regulatory landscape in Thailand.Topics:(01:37) Noratip's Journey to Bitkub(03:49) The Thai Crypto Landscape(06:55) User Base and Expansion Plans(08:12) Building a Proprietary Blockchain(09:42) Understanding Risk Management(13:41) Centralized Exchange vs. DeFi Risks(15:59) Addressing Fraud and Money Laundering(20:46) Handling Illicit Funds(23:49) The Role of Money Mules(28:32) Collaboration with Banks and Telecoms(30:51) Consumer Protection in ThailandThe Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like Ledger, BitGo, 21Shares, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠⁠

Michael Pearl interviews Kevin Wysocki, Head of Policy at Anchorage Digital, the first federally chartered digital asset bank in the U.S. They discuss the regulatory landscape for crypto, the importance of custody services, and the role of stablecoins in the evolving financial ecosystem.Kevin shares insights on the challenges faced by crypto companies, the significance of the Genius Act, and the future of institutional adoption in the crypto space.Topics:(00:30) Introduction to Anchorage Digital and Kevin Wysocki(02:18) Navigating Regulation in Crypto vs. Social Media(05:04) Understanding Federal Charter and Its Implications(08:46) Clientele and Institutional Trust in Anchorage(09:57) Security Measures in Digital Asset Custody(12:40) Compliance and Regulatory Challenges in Crypto(15:57) The Growing Ecosystem of Stablecoins(18:29) Future of Stablecoins and Institutional Adoption(22:29) The Importance of Custody and Trading Separation(25:47) Debanking Issues and Regulatory Changes(27:59) The Future of Crypto: Institutionalization vs. DeFiThe Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like Ledger, BitGo, 21Shares, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

In this episode, Michael Pearl interviews Antonio Alvarez Lorenzo, Chief Compliance Officer of Crypto[.]com. They discuss the evolution of the cryptocurrency industry, the importance of compliance and security in Web3, and the challenges of anti-money laundering in a rapidly changing landscape. Antonio shares insights from his extensive career in finance and compliance, detailing how Crypto.com aims to make cryptocurrency accessible to everyday users while navigating complex regulatory environments. The conversation also touches on the future of stablecoins, consumer protection, and the ongoing battle against fraud in the crypto space.(00:59) Antonio's Career Journey(03:35) Crypto[.]com's Mission and Unique Offerings(07:26) Challenges of Anti-Money Laundering in Crypto(10:48) Differentiating Between Good and Bad Funds(15:44) Managing Illicit Funds and Regulatory Expectations(21:11) The Dark World of Fraud in Crypto(27:45) Navigating Regulation and Consumer Protection(33:32) The Evolution of Stablecoins and CBDCs(39:08) Crisis Management in Centralized Exchanges(41:53) The Future of Crypto in Financial SystemsThe Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like Ledger, BitGo, 21Shares, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Michael Pearl interviews Joanna Summers, the Chief Recovery Officer at Asset Reality. They discuss Joanna's unique role in asset recovery, particularly in the context of cryptocurrency and the challenges faced in managing crypto crime compared to traditional financial crime. Joanna shares her experiences with significant cases like the Silk Road and highlights the alarming rise of pig butchering scams. The conversation also touches on the regulatory landscape and the responsibilities of financial institutions in preventing fraud.Chapters(03:30) Joanna's Background and Role at Asset Reality(06:20) Differences Between Crypto and Traditional Asset Recovery(09:15) Challenges in Seizing and Recovering Crypto Assets(11:46) The Silk Road Case: A Landmark in Crypto Seizures(15:49) The U.S. Government's Crypto Holdings and Market Impact(17:26) Pig Butchering Scams: A Growing National Security Threat(21:19) The Role of Financial Institutions in Preventing Fraud(26:11) Advice for Users and Platforms on Minimizing FraudThe Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like Ledger, BitGo, 21Shares, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Michael Pearl interviews Pasi Koistinen, the Chief Information Security Officer of CoinHako, discussing his extensive background in cybersecurity and the unique challenges faced in the crypto industry. They explore the transition from traditional Web2 security to the complexities of Web3, the risks associated with centralized and decentralized finance, and the lessons learned from significant hacks like Bybit. Pasi emphasizes the importance of technology, awareness, and regulatory compliance in preventing fraud and safeguarding user assets. The discussion also touches on the future of cybersecurity in the crypto space, particularly the role of AI in enhancing security measures.(03:06) Pasi Koistinen's Background and Role at CoinHacko(05:31) Unique Security Challenges in the Crypto Industry(08:14) Lessons from the Bybit Hack(10:47) Preventing Future Hacks: Technology and Awareness(13:32) Fraud Prevention in Centralized Exchanges(16:12) Regulatory Landscape in Singapore(18:27) Consumer Protection and Asset Safeguarding(21:23) The Future of Cybersecurity in Web3(23:43) Pasi's Insights on AI and Cybersecurity(26:22) Conclusion and Book RecommendationsPasi's Books on AmazonThe Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like Ledger, BitGo, 21Shares, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Michael Pearl interviews Elise Soucie Watts, the Executive Director at Global Digital Finance. They discuss the evolving landscape of security, fraud, and compliance in the Web3 space, emphasizing the importance of a compliance-first approach for crypto firms. Elise shares insights from her background in counterterrorism and her work at the FCA, highlighting the need for regulatory frameworks that protect consumers while allowing for innovation. The conversation also touches on the challenges of fraud prevention, particularly in relation to pig butchering scams, and the role of regulators in ensuring cyber resilience within the industry.(00:30) Elise's Background(03:32) Understanding Global Digital Finance (GDF) and Its Role(06:35) The Importance of Compliance in the Crypto Industry(09:03) Navigating Regulatory Challenges in Transaction Monitoring(12:22) Addressing Fraud: The Case of Pig Butchering(18:03) Consumer Protection and Regulatory Frameworks(23:38) Insights from Elise's Time at the FCA(29:31) Cyber Resilience and Regulatory Expectations(34:19) Conclusion and Future Directions for GDFThe Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like Ledger, BitGo, 21Shares, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Michael Pearl interviews Vugar Usi Zade, COO of Bitget, discussing the importance of security, compliance, and fraud prevention in the cryptocurrency space. Vugar shares his personal journey into crypto, the role of Bitget in promoting financial inclusion, and the exchange's security practices to protect users from fraud and scams. The conversation highlights the challenges and responsibilities of crypto exchanges in ensuring user safety and the industry's evolution towards greater security measures.(01:39) Vugar's Journey into Crypto(05:21) The Importance of Financial Freedom in Crypto(08:38) Overview of BitGat's Operations and User Base(13:13) Security Challenges in the Crypto Space(14:24) Bitget's Security Measures and Protocols(24:54) Addressing Fraud and Scams in Crypto(35:37) Conclusion and Final ThoughtsThe Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like Ledger, BitGo, 21Shares, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Michael Pearl interviews Nick Wright, the Chief Legal Officer at VALR, South Africa's largest crypto exchange. They discuss Nick's unique journey from marine biology to the world of crypto law, the regulatory landscape in South Africa, and the challenges of compliance in the rapidly evolving crypto market. Nick shares insights into VALR's operations, user base, and the importance of anti-money laundering practices. The conversation also delves into fraud prevention strategies, the impact of mixers on transactions, and VALR's plans for global expansion.(03:37) Nick's Journey to VALR(06:28) Overview of VALR and South Africa's Crypto Landscape(09:47) Regulatory Framework for Crypto in South Africa(12:33) AML Practices and Monitoring Tools at VALR(15:43) Understanding Mixers and Their Risks(18:39) Scams and Fraud in the Crypto Space(21:41) Identifying and Preventing Fraud on VALR(24:45) Post-Hack Security Measures at VALR(27:49) VALR's Global Expansion PlansDownload Cyvers's Pig Butchering report.The Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like Ledger, BitGo, 21Shares, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠⁠

Michael Pearl interviews Anya Szpak, the Chief Legal Officer at Nexus Mutual. They discuss the unique insurance model of Nexus Mutual, which operates as a decentralized insurance platform where members insure one another. Anya shares insights on the challenges of risk assessment in decentralized finance, the transparent claims process governed by community voting, and the regulatory landscape for discretionary insurance in the UK. (05:45) Nexus Mutual: Revolutionizing Insurance in Web3(11:03) Understanding Coverage: Who and What is Insured(12:54) Risk Assessment in DeFi: Navigating Uncertainties(19:22) Claims Process: How Does It Work?(24:48) Regulatory Landscape: Navigating Compliance in Insurance(29:04) Ensuring Security: Protecting Nexus Mutual from ThreatsThe Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like Ledger, BitGo, 21Shares, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠⁠

Michael Pearl speaks with Ari Redbord, Global Head of Policy at TRM Labs, to discuss the complexities of security, fraud, and compliance in the Web3 space. They explore the challenges faced by law enforcement in tracking illicit activities in cryptocurrency, the evolving regulatory landscape, and the significant issue of pig butchering scams. The conversation highlights the need for better tools and training for investigators, the role of exchanges in preventing fraud, and the implications of recent shifts in enforcement focus. (03:05) The Challenges of Investigating Crypto Crimes(06:13) Understanding Regulatory Expertise in Crypto(09:24) The Balance of Regulation and Industry Growth(13:13) Shifting Focus: From Regulation to Targeting Bad Actors(16:37) The National Security Implications of Pig Butchering Scams(22:00) The Role of Exchanges in Preventing Fraud(24:11) Regulatory Responsibilities and Consumer Protection(27:42) Investigating Crypto Crimes: The Bitfinex Case(34:24) Terror Financing and Cryptocurrency(40:23) Challenges of Off-Ramping Crypto Funds(44:05) Conclusion and Future InsightsThe Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like Ledger, BitGo, 21Shares, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠⁠

Michael Pearl interviews Derek Hong, Head of Compliance at Matrixport Hong Kong, discussing the evolving landscape of compliance in the crypto space, particularly in Hong Kong. They explore Derek's extensive background in compliance across various financial sectors, the unique challenges faced by Matrixport as a comprehensive crypto financial service provider, and the regulatory framework in Hong Kong that aims to balance innovation with consumer protection. The conversation delves into the importance of security measures, transaction monitoring, and the proactive steps taken to prevent fraud and scams in the rapidly changing crypto environment.(00:44) Derek Hong's Background and Experience(02:25) Compliance in Different Financial Sectors(04:09) Matrixport's Unique Compliance Challenges(06:10) Regulatory Landscape in Hong Kong(09:27) Deemed Licensing Process and Compliance Operations(13:28) AML Requirements and Transaction Monitoring(15:58) Security Measures Against Hacks(20:28) Consumer Protection Regulations in Hong Kong(22:32) Budgeting for Reimbursements(23:35) Fraud Prevention Tools and Strategies(25:35) Current Threats in the Crypto Space(27:59) Real World Assets and Regulatory Considerations(30:06) Future of Hong Kong as a Crypto HubThe Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like Ledger, BitGo, 21Shares, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠⁠

In this conversation, Julie Fawcett, Head of Enterprise and Operational Risk at Flow Traders. Julie discusses her extensive background in finance and compliance, particularly in the context of market making and trading. She elaborates on the complexities of market risk management, compliance requirements, and the unique challenges posed by the crypto landscape. The discussion also covers the importance of transaction monitoring, the role of AI in enhancing compliance processes, and the current state of insurance in the crypto space.Chapters(02:50) Understanding Market Risk Management in Trading(06:24) Compliance Challenges for Market Makers(06:42) Navigating Crypto: C-Fi vs DeFi(08:41) Handling Illicit Funds in Crypto Transactions(13:25) Risk Management in Multi-Asset Trading(15:27) Responding to Security Incidents in Crypto(18:55) Regulatory Landscape for Flow Traders(21:03) Addressing Scams and Fraud in Crypto(23:13) ETPs vs ETFs: Understanding the Differences(25:51) The Role of AI in Transaction Monitoring(29:47) Insurance Challenges in the Crypto SpaceThe Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like Ledger, BitGo, 21Shares, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠⁠

Michael Pearl interviews Chris Groshong, president of Constructive and executive director at Crypto Recovery Alliance. The conversation delves into the tools and processes used in blockchain forensics, the challenges faced by law enforcement in recovering lost funds, and the heartbreaking stories of victims of crypto scams. Chris also shares insights into the mission of the Crypto Recovery Alliance, which aims to provide support and resources for victims of cryptocurrency fraud.Chapters:(01:30) From Genetics to Crypto: Chris's Journey(04:16) Entering the World of Compliance and Education(06:51) Tools for Blockchain Forensics and Investigations(09:32) The Process of Recovery: A Step-by-Step Guide(14:09) Challenges in Recovery and Law Enforcement Collaboration(17:42) The Role of Exchanges in Fund Recovery(20:32) Balancing Compliance and Business Objectives(24:10) The Interplay of Investigations and Compliance(25:41) Understanding Scams as a Business(27:01) Heartbreaking Stories of Victims(29:09) The Complexity of Modern Scams(33:05) Law Enforcement Challenges(37:12) Preventative Measures and Tools(42:02) The Mission of the Crypto Recovery AllianceThe Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like Ledger, BitGo, 21Shares, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠⁠

Michael Pearl interviews Chris DePow, the Principal Head of Compliance Advisory and KYC at Gemini. Chris shares insights from his journey in the crypto space, emphasizing the need for robust compliance programs to combat financial crime and scams, including the alarming rise of pig butchering scams. The conversation highlights the critical role of education and proactive measures in protecting clients and ensuring the integrity of the crypto ecosystem.(01:00) Chris DePauw's Journey in Compliance and KYC(06:22) Navigating Global Regulatory Frameworks(12:08) Understanding AML Obligations and Transaction Monitoring(20:14) The Impact of Hacks on Exchanges(28:16) Addressing Financial Crime and Fraud in CryptoThe Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like Ledger, BitGo, 21Shares, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠⁠

Michael interviews Charles Guillemet, CTO of Ledger, discussing the critical aspects of security in the Web3 space. They explore Guillemet's background in cryptography, the evolution of hacking, and the responsibilities of leading security at Ledger. The conversation delves into innovations like clear signing and transaction simulation and validation, the importance of enterprise-grade security solutions, and the ongoing battle against sophisticated threats, including nation-state actors. (00:37) Introduction to Web3 Security and Charles Guillemet(03:38) Charles Guillemet's Background and Journey in Cryptography(04:54) The Evolution of Hacking and Security Challenges(08:19) The Responsibility of Leading Security at Ledger(11:42) The Cat and Mouse Game of Security(13:42) Collaboration in the Ecosystem for Enhanced Security(17:23) Clear Signing: Enhancing User Experience and Security(19:03) Transaction Simulation: Proactive Risk Assessment(23:33) Enterprise-Grade Security Solutions for Large Organizations(28:06) Addressing Advanced Threats and Attack Vectors(33:49) The Future of Security Against Nation-State AttacksThe Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like BitGo, 21Shares, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠⁠

In this episode, Michael Pearl and Bitgo's Director of Cybersecurity, Manny Khan, discuss the recent $1.5B Bybit hack. They explored the mechanisms behind the attack, the lessons learned, and the importance of proactive security measures in the crypto industry. They emphasize the need for shared responsibility in security, the role of technology and processes, and the significance of automation and AI in enhancing security. The conversation concludes with a call for community collaboration to prevent future hacks and ensure the safety of digital assets.Chapters:(00:30) Introduction to the Bybit Hack(03:42) Understanding the Attack Mechanism(06:25) The Role of Blind Signing in Security Breaches(09:08) Shared Responsibility in Cybersecurity(12:01) Technology vs. Process Failures(14:45) The Importance of Clear Signing(17:36) Proactive Security Measures(20:33) Key Pillars of Secure Crypto Custodianship(23:06) The Role of AI in Cybersecurity(26:00) Conclusion and Community CollaborationThe Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like BitGo, 21Shares, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠⁠

Michael Pearl speaks with Head of Fraud Prevention at Sumsub, Dmitrii Emelianov, about the complexities of fraud prevention in the crypto space.They discuss the balance between overbanning and underbanning, emerging fraud tactics, the travel rule, the role of centralized exchanges in money laundering, KYC challenges, on-chain fraud prevention strategies, and the future of regulation and liability in the crypto industry. Dmitrii emphasizes the importance of continuous monitoring and adapting to new fraud techniques, as well as the need for compliance in an evolving regulatory landscape.(00:30) Introduction to Fraud Prevention in Crypto(03:06) Balancing Overbanning and Underbanning(07:45) Emerging Fraud Tactics in Crypto(11:11) Understanding the Travel Rule(17:11) KYC Challenges in the Age of AI(23:31) On-Chain Fraud Prevention Strategies(28:44) The Future of Regulation and Liability in CryptoThe Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like BitGo, 21Shares, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠⁠

In this conversation, Michael Pearl interviews Natalia Latka, a lawyer and expert in crypto regulation, discussing her journey into the field, the evolving landscape of crypto compliance, and the challenges faced by businesses in the industry. They explore the role of Merkle Science in providing compliance solutions, the importance of monitoring token ecosystems, and the impact of new regulations like DORA.The discussion also touches on the issues of unbanking, financial crime, and the future of crypto regulation in the US, highlighting the need for a balanced approach to consumer protection and regulatory clarity.Episodes(02:11) Natalia Latka's Journey into Crypto Regulation(05:05) Role of Merkle Science in Crypto Compliance(07:04) Understanding Token Ecosystem Monitoring(12:11) Impact of DORA on Crypto Firms(15:51) The Challenge of Unbanking in Crypto(22:40) Addressing Financial Crime and Fraud(29:10) Regulatory Changes and Consumer Protection(36:04) Future of Crypto Regulation in the U.S.The Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like BitGo, 21Shares, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠

Michael Pearl speaks with Eitan Katz, co-founder and CEO of Kima, about the challenges of interoperability in the blockchain space and how Kima aims to address these issues. He explains the limitations of existing solutions, particularly bridges, and highlights Kima's unique approach that prioritizes security and compliance. The discussion also touches on the integration of fiat currencies and the future of compliance in decentralized finance (DeFi).Chapters(00:30) Introduction to Eitan Katz(01:40) Eitan Katz's Background and Journey into Blockchain(04:31) Understanding Kima's Mission: Solving Interoperability(08:51) The Limitations of Existing Solutions: Bridges(15:44) Kima's Unique Approach to Interoperability(21:46) Kima's Infrastructure and B2B Partnerships(27:33) Integrating Fiat and Compliance in DeFi(34:50) Security Practices in Smart Contracts and DeFi(39:45) The Future of Compliance in DeFiThe Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like BitGo, 21Shares, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠

Michael Pearl interviews Scott Minneman, the CISO of ZeroHash, discussing the complexities of security and risk management in the Web3 space. They explore Scott's unique journey from law to information security, the interconnected nature of risks, and how ZeroHash simplifies crypto transactions while ensuring compliance. The conversation delves into current security threats, the importance of proactive measures, and the evolving landscape of regulation in the industry.The Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like 21Shares, Crypto[.]com, and ConsenSys prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠

In this episode, Michael Pearl and Ryan Mueller (the CEO of Phantom Compliance) discuss the complexities of compliance and risk management in the crypto industry. They explore the challenges faced by crypto companies in establishing banking relationships, the importance of KYC and transaction monitoring, and the evolving regulatory landscape. Ryan shares insights from his extensive experience in the field, emphasizing the need for perfect compliance to avoid severe consequences. The conversation also touches on the role of technology in compliance, the impact of fraud on consumers, and the future of crypto regulation.Chapters(00:30) Introduction to Ryan Mueller(04:44) The Banking Relationship: Challenges for Crypto Companies(07:45) Understanding Compliance: The Importance of KYC and Reporting(13:15) The Role of Technology in Compliance and Forensics(16:01) Fraud and Scams: Protecting Retail Investors(21:54) Regulatory Expectations: The Gap in Compliance Solutions(27:03) The Future of Crypto Compliance: Challenges AheadThe Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like 21Shares, Crypto[.]com, and ConsenSys prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠

Michael Pearl interviews Dr. Firas Nadim Habach, Revolut's Swiss Head of Financial Crime Compliance (MLRO), and a leading expert in financial crime compliance and blockchain technology.They discuss Dr. Habach's transition from traditional finance to compliance, the implications of the MICA regulation on the crypto industry, the challenges faced by stablecoins, and the importance of AI in preventing fraud.The conversation highlights the evolving landscape of compliance in the financial services sector and the need for effective regulatory frameworks to foster trust and sustainability in blockchain technology.Chapters(00:30) Introduction to Dr. Firas Nadim Habach(02:09) Transition from Traditional Finance to Compliance(07:16) Understanding Financial Crime Compliance(09:47) Exploring MICA Regulation in Crypto(16:35) The Stablecoin Landscape and MICA's Impact(21:40) The Role of Traditional Banks in Crypto(27:31) Combating Fraud in the Crypto Space(39:28) Regulatory Accountability and Proactive MeasuresThe Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like 21Shares, Crypto[.]com, and ConsenSys prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠

In this conversation, Michael Pearl interviews Delphine Forma, a leading expert in crypto compliance and regulations and the Policy Lead at Solidus Labs. She is also the host of the MiCA Masters Podcast and the manager of the Crypto Compliance and Legal Telegram community. They discuss the evolving landscape of crypto compliance, the challenges posed by varying AML regulations across jurisdictions, and the impact of the MiCA framework on the industry. Delphine shares insights on the importance of real-time monitoring for fraud prevention and the need for a community in the crypto compliance space. The conversation highlights the necessity for global standards and the proactive role of the industry in shaping regulations. Chapters (00:30) Introduction to Delphine Forma and Her Background(02:55) The Excitement of Crypto Compliance(04:43) Overview of AML Regulations in Crypto(09:52) Discrepancies in Compliance Tools(14:39) Impact of MiCA on Crypto Regulation(20:39) Understanding AML Requirements in the EU(23:42) The Role of DORA in Cybersecurity(25:45) Real-Time Monitoring and Fraud Prevention(28:23) Regulatory Responsibility in Fraud Cases(33:41) Building a Community in Crypto Compliance The Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like 21Shares, Crypto[.]com, and ConsenSys prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠

In this conversation, Michael Pearl interviews Shiran Kleiderman, co-founder and CEO of Kleiderman Security and the former CISO of Celsius, discussing the evolving landscape of cybersecurity in the Web3 and crypto space. Shiran shares his extensive background in both Web2 and Web3 cybersecurity. The discussion covers the unique challenges faced by CISOs in Web3, the importance of understanding both cybersecurity and financial aspects, and the need for continuous compliance with emerging regulations like DORA and NIS2. The conversation emphasizes the interconnectedness of security, compliance, and risk management, and the necessity for real-time monitoring in a 24/7 crypto environment. Chapters (01:50) Shiran's Journey in Cybersecurity (05:07) Innovations in Bitcoin Wallet Security (10:08) The Evolving Role of the CISO in Web3 (21:01) Lessons from Celsius: Security Philosophy (35:51) Understanding DORA and NIS2 Regulations (42:33) Future Directions for Cybersecurity in Web3 The Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like 21Shares, Crypto[.]com, and ConsenSys prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠

In this conversation, Michael interviews Valencia (Val) Harkless, a global financial crime specialist, about her extensive experience in fraud investigation (among others as part of the FBI). Val shares her journey into the field, the evolution of fraud schemes, and the challenges faced in tracing cryptocurrency transactions. They discuss the phenomenon of pig butchering scams, the role of exchanges in preventing fraud, and the regulatory landscape surrounding financial crime. Val emphasizes the need for more trained investigators and better tools to combat the rising tide of financial crime in the crypto space. Chapters (02:32) Val's Journey into Financial Crime Investigation (05:56) Evolution of Scams: From Nigerian Scams to Modern Fraud (09:13) Cryptocurrency vs. Traditional Finance: A Comparative Analysis (11:38) Challenges in Cryptocurrency Investigations (17:49) Understanding Pig Butchering Scams (19:14) The Role of Law Enforcement in Financial Crime (23:24) The Responsibility of Crypto Exchanges (26:46) Regulatory Perspectives on Financial Crime (29:28) The Case of Tigran Gambarian: Lessons Learned (33:31) Future Trends in Financial Crime and Prevention The Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like 21Shares, Crypto[.]com, and ConsenSys prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠

In this episode, Michael Pearl speaks with Katharine Wooller, Chief Strategist Banking & Financial Services at Softcat and a board advisor in the Web3 space. They discussed the growing awareness of security, the regulatory landscape, and the political implications of crypto regulation. Katharine shares insights on fundraising trends, the role of VCs, and the future of innovations in Web3, including the tokenization of real-world assets and the potential of NFTs. They also spoke about her journey in the industry, the evolution of crypto perception, the importance of disaster recovery, and the impact of layoffs in the Web3 sector. Chapters (00:30) Introduction to Web3 and Katharine Wooller's Journey (07:08) The Evolution of Crypto and Traditional Finance (13:43) Disaster Recovery in Crypto: Importance and Challenges (19:32) Regulatory Landscape: MICA and Global Trends (21:47) The Political Landscape of Crypto (23:20) Regulatory Challenges and Market Dynamics (24:45) Balancing User Protection and Decentralization (26:58) The Future of Regulation in Crypto (30:34) UK Regulation and Fraud Liability (36:27) Trends in VC Funding and the Bull Run The Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like 21Shares, Crypto[.]com, and ConsenSys prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠

In this episode, Michael interviews Alexandre Horvat, the Chief Information Security Officer and Data Protection Officer of Cryptix. Alexandre shares insights on modern banking solutions in the crypto space, the significance of educating customers about security risks, and the role of certifications in ensuring compliance. The conversation also touches on the complexities of blockchain security and offers advice for future CISOs. Chapters (04:51) Challenges in Cybersecurity and Customer Education (09:21) Regulatory Compliance and Security Measures (13:45) The Role of a CISO in Business Strategy (19:41) Layer One Blockchain Security and Ecosystem Challenges (28:21) Advice for Future CISOs and Industry Leaders The Podcast is sponsored by Cyvers - the leader in threat mitigation in Web3, leveraging AI-driven technology to help industry leaders like 21Shares, Crypto.com, and ConsenSys prevent hacks, fraud, scams, and compliance challenges. Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠⁠CyVers.ai⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠

In this conversation, Michael interviews Marc Krisjanous, CCSS Steering Committee Member at C4 (CryptoCurrency Certification Consortium) and an expert in IT security and cryptocurrency. Mark shares his journey into the world of cryptocurrency, highlighting the security challenges and the importance of standards like the Cryptocurrency Security Standard (CCSS). They discuss the need for better security practices in the crypto space, the benefits of CCSS certification, and the importance of user education and awareness regarding scams. The conversation also touches on the significance of monitoring and response mechanisms in enhancing security and the ongoing efforts to address scams through regulatory measures. (02:01) Mark Christianos: Journey into Cryptocurrency Security (07:25) The Importance of Security Standards in Crypto (10:45) Understanding the CCSS Standard (19:44) The Value of CCSS Certification for Companies (28:13) CCSS Version 9: Enhancements and New Requirements (35:57) Addressing Scams and Fraud in Cryptocurrency The Podcast is sponsored by CyVers - the leader in threat mitigation in Web3, leveraging AI-driven technology to help industry leaders like 21Shares and ConsenSys prevent hacks, fraud, scams, and compliance challenges. CyVers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠⁠⁠CyVers.ai⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠Book a call⁠⁠⁠

Michael interviews Ian Wallis, who has extensive experience in blockchain security and compliance. They discuss Ian's background, the compliance requirements for Layer 2 blockchains, and the balance between decentralization and compliance. Ian shares insights on the security measures implemented in the Linea ecosystem and MetaMask, as well as the challenges faced in Web3 security. The conversation also touches on the evolving threat landscape, the importance of user experience, and the role of regulation in the DeFi space. Takeaways - Compliance requirements for L2 blockchains often come from partners. - Balancing decentralization with compliance is a significant challenge. - Security measures in the Linea ecosystem focus on best practices. - MetaMask employs various security features to protect users. - Phishing and wallet draining are major concerns in Web3. - The threat landscape is continuously evolving with new techniques. - User experience is crucial for the adoption of Web3 technologies. - Regulation in DeFi is complex and requires collaboration with regulators. - Creating a safer environment for users is a priority for both Linea and MetaMask. (03:20) Ian's Journey in Web3 and Business Development (05:39) Compliance Requirements for L2 Blockchains (08:23) Balancing Security and Decentralization (11:08) Security Practices in the Linea Ecosystem (13:37) Challenges in Web3 Security (16:31) The Evolving Threat Landscape in Web3 (18:57) MetaMask Security Measures (21:35) User Education and Protection Strategies (24:21) The Future of Wallet Security (27:06) Regulatory Perspectives on Web3 (29:43) Conclusion and Future Outlook The Podcast is sponsored by CyVers - the leader in Web3 security, leveraging AI-driven technology to help industry leaders like 21Shares and ConsenSys prevent hacks, scams, and compliance challenges. CyVers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠⁠⁠CyVers.ai⁠⁠⁠ ⁠⁠⁠Book a call⁠⁠

In this episode Michael Pearl interviews cybersecurity expert Todd Wade, who shares insights from his extensive experience in both Web2 and Web3 environments. The conversation covers the current state of cybersecurity in the rapidly evolving Web3 landscape, the regulatory challenges faced by companies, and the importance of security awareness and education. Todd discusses the alarming rise of cybercrime, particularly pig butchering scams, and emphasizes the need for better practices among exchanges and organizations. The episode also touches on the implications of AI and quantum computing in cybersecurity, as well as the ongoing challenges of money laundering in the crypto space. Todd concludes with practical advice for organizations looking to improve their cybersecurity posture. Takeaways - Cybersecurity awareness is crucial for both individuals and organizations. - Many Web3 companies lack basic security measures, leading to vulnerabilities. - Regulatory oversight is necessary to ensure security standards in the crypto space. - Education on cyber threats can help individuals protect themselves and their families. - Pig butchering scams are a growing concern in the crypto world. - Exchanges need to take more responsibility in preventing cybercrime. - AI is increasingly being used by criminals to enhance their attacks. - Quantum computing poses potential threats to cryptographic security. - Money laundering in crypto is facilitated by the lack of regulation in certain jurisdictions. - Organizations must prioritize basic security practices to mitigate risks. Chapters (00:00) Todd Wade introduction (03:07) Cybersecurity practices in Web3 companies (06:30) The Need for Regulation in Cybersecurity (11:40) The Role of CISO in Web3 Companies (17:31) Understanding Cybercrime in the Crypto Space (23:25) The Role of Exchanges in Cybercrime Recovery (28:52) Money Laundering and Crypto Challenges The Podcast is sponsored by CyVers - the leader in Web3 security, leveraging AI-driven technology to help industry leaders like 21Shares and ConsenSys prevent hacks, scams, and compliance challenges. CyVers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: ⁠CyVers.ai⁠ ⁠Book a call⁠

In this episode, Michael interviews Tanisha Katara, a senior advisor in the Web3 space, focusing on blockchain governance, treasury management, security challenges, and reputation management. Tanisha explains the intricacies of blockchain governance, the importance of community inclusiveness, and the complexities of managing treasuries and grants in decentralized organizations. The conversation also delves into the security challenges faced by DAOs, the reputational impact of hacks, and the need for a balanced approach to governance that includes both security and community engagement. Key Takeaways Blockchain governance is about community inclusiveness. Managing a blockchain treasury involves complex decision-making. Security challenges in DAOs require layered approaches. Reputation management is critical after a hack. Community engagement is essential for effective governance. Zero knowledge technology can enhance privacy in governance. Time locks can help mitigate risks in decision-making. Transparency in grant allocation builds trust. Regulatory scrutiny increases after major hacks. Future governance must balance security and inclusivity. (00:38) Introduction to Web3 and Governance (09:17) Managing DAO Budget and Treasury (20:18) Reputation Management in the Wake of Hacks (37:39) Future of DAOs and Community Inclusiveness The Podcast is sponsored by CyVers - the leader in Web3 security, leveraging AI-driven technology to help industry leaders like 21Shares and ConsenSys prevent hacks, scams, and compliance challenges. CyVers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: CyVers.ai

In this conversation, Michael and Adam Healy delve into the critical issues surrounding cybersecurity in the Web3 space. They discuss the prevalence of data breaches, the importance of awareness among CTOs and CISOs, and the implications of these security challenges for the future of crypto. The dialogue highlights the need for improved security practices and the interconnectedness of Web2 and Web3 vulnerabilities. (00:00) Introduction to Web3 Security and Adam Healy (03:17) The Interplay of Web2 and Web3 Security (22:00) The Impact of ETFs on Crypto Security (30:31) Future Trends in Crypto Security The Podcast is sponsored by CyVers - the leader in Web3 security, leveraging AI-driven technology to help industry leaders like 21Shares and ConsenSys prevent hacks, scams, and compliance challenges. CyVers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: CyVers.ai

In this episode, Michael interviews Liat Shetret, Director of Global Policy and Regulation at Elliptic. They discuss the evolution of the crypto industry, the importance of compliance, and the challenges posed by scams like pig butchering. Liat shared insights on the North Korean cyber threat and the regulatory landscape, emphasizing the need for collaboration between the private sector and law enforcement. The conversation also touches on the political implications for crypto regulation as the US approaches elections. Key Takeaways The crypto industry has matured significantly since its early days. Compliance is now a priority for many companies in the crypto space. Pig butchering scams are a growing concern, affecting vulnerable individuals. North Korea's cyber activities are increasingly sophisticated and professionalized. Regulatory approaches vary widely, complicating cross-border transactions. Collaboration between law enforcement and the private sector is essential. The SEC's strategy involves regulation by enforcement to clarify jurisdiction. Political candidates are increasingly engaging with the crypto community. The need for a unified regulatory framework is more pressing than ever. The future of crypto regulation will depend on the next administration's approach. (00:00) Introduction to Web3 Security and Compliance (04:24) Liat's Journey into Crypto Compliance (10:07) The Evolution of the Crypto Industry (15:42) Understanding Compliance and Risk Management (16:11) Exploring Pig Butchering Scams (20:20) The Role of North Korea in Cybercrime (25:54) Insights on US Regulatory Approaches (32:05) The Impact of Upcoming US Elections on Crypto The Podcast is sponsored by CyVers - the leader in Web3 security, leveraging AI-driven technology to help industry leaders like 21Shares and ConsenSys prevent hacks, scams, and compliance challenges. CyVers’s solutions provide pre-emptive protection against malicious activity across the Web3 space. Learn more at: CyVers.ai