Ari Redbord
Crypto Hacks Are Down Significantly in 2023: TRM Labs
A new report from TRM Labs reveals crypto hacks are down significantly at the start of 2023. Roughly $400 million worth of crypto was stolen in the first quarter, that’s down roughly 70% from the same time period in 2022. Ari Redbord, TRM Labs Head of Legal and Government Affairs, joins "First Mover" to discuss the decline in crypto hacks so far this year.
TRM Labs Exec on Future of Crypto Regulation, Treasury’s Warning on DeFi
The U.S. Treasury Department is out with a new report warning that decentralized finance (DeFi) services that aren’t compliant with anti-money laundering and terrorist financing rules pose “the most significant current illicit finance risk” in that corner of the crypto sector. TRM Labs Head of Legal and Government Affairs Ari Redbord breaks down the Treasury Department's first analysis of hazards in the DeFi space. Plus, his outlook on the crypto regulatory framework in the U.S.
U.S. Treasury Says DeFi Needs to Comply With Anti-Money Laundering Rules in New Report
The U.S. Treasury Department released a 40-page report stating that DeFi needs to comply with anti-money laundering rules. TRM Labs Head of Legal and Government Affairs Ari Redbord unpacks this report titled "Illicit Finance Risk Assessment of Decentralized Finance." He added, "DeFi is disintermediated...and that's the paradox we have here."
Crypto Exploits in 2022
2022 was a record-setting year for exploits in the crypto space, with more than $3.6 billion in funds drained, according to San Francisco-based intelligence firm TRM Labs. Erin Plante, VP of Investigations at crypto sleuthing firm Chainalysis, and Ari Redbord, Head of Legal and Government Affairs at TRM Labs, discuss the past year in crypto exploits and how to protect against them in 2023.
How a Year of Exploits and Hacks Shaped Regulatory Responses to Crypto
Ari Redbord, Head of Legal and Government Affairs at TRM Labs, reflects on the record-setting year in crypto exploits. While millions of dollars drained from crypto protocols dominated headlines, he points to the "impactful regulatory response" following these hacks, namely the Office of Foreign Assets Control's (OFAC) sanctioning of crypto mixers.
Some Pro-Russian Groups Using Crypto to Fund Paramilitary Operations: TRM Labs
TRM Labs has found that roughy $400,000 has been raised in crypto since February for Russian paramilitary operations in Ukraine. TRM Labs Head of Legal and Government Affairs Ari Redbord says one of those groups has been identified as Task Force Rusich. Plus, he discusses why it’s hard for Russia to evade sanctions using crypto.
Pro-Russian Groups Raise $400K in Crypto To Support Russian Paramilitary: TRM Labs
The EU has confirmed a sweeping ban on providing crypto services to Russians as it tightens sanctions, but TRM Labs says $400K has been raised in crypto since February for Russian paramilitary operations in Ukraine. TRM Labs Head of Legal and Government Affairs Ari Redbord discusses the key takeaways from the research.
TRM Labs Exec on Crypto Mixer Tornado Cash Blacklisted by US Treasury
The Treasury Department has banned all Americans from using decentralized crypto-mixing service Tornado Cash. TRM Labs analysis shows North Korean cybercriminals used the service to launder funds in all 10 of their most recent heists, including the $620 million Ronin Bridge hack. TRM Labs Head of Legal and Government Affairs Ari Redbord explains why this is a "watershed moment" for crypto.
