Evolving Threats: Deepfakes (fake videos/audios), self-custody wallets (digitally controlled wallets), and cross-chain money laundering (washing dirty money through various crypto networks)
Using advanced tools like Artificial Intelligence (AI) and blockchain analytics (analysis of digital transactions), Bariscream (the Indonesian police's crime investigation agency) is enhancing its capabilities to track complex flows of funds, investigate wallet groups (groups of multiple digital wallets), and expose suspicious activities. These capabilities are particularly important as criminals are widely abusing self-custody wallets (which are solely controlled by the owner), cross-chain money laundering (hiding illegal money through various blockchains), and high liquidity stablecoins (stable value digital coins).
To be continued...
