CipherTrace Team
Strong founding team with deep expertise in eCrime, Fintech and bitcoin technologies
Sold 3 security startups, Holds 15 cyber security patented technologies
Involved in crypto currencies since 2000, Bitcoin since 2011
Chairman of the APWG Electronic Crime Symposium
Early bitcoin miner, patented inventor, large graph data expert
6 years in blockchain engineering
Google Android architect
Part of Operating System team at Apple Computer
Stephen RyanVisa, First Data, ACI,Bank of America
Digital payments, online banking,security, authentication
Inventor of 3-D Secure (used by Visa, MasterCard, JCB, American Express)
Cyber security patent inventor
© 2018 CipherTrace Inc. - All Rights Reserved.
+ Rockstar research and development team of experts in blockchain investigations, crypto assets, attribution harvesting, malware analysis, huge data and machine learning
Case Study on Crypto-Assets:Canada’s Largest Bitcoin Forfeiture
Dina Mainville
Sales Director, Canada | Bermuda | Caribbean
June 26 2019
Agenda
Overview
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• Case Study:
• Investigation Overview
• Seizure
• CipherTrace Demo
• Capability Overview
• Forfeiture Ruling
Case Study on Crypto-Assets: Canada’s Largest Bitcoin Forfeiture
DHS searching dark web for weapons traffickers, and find “weaponsguy” on “Agora” marketplace
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Case Study on Crypto-Assets: Canada’s Largest Bitcoin Forfeiture
DHS assumes online identify of weaponsguy and is contacted by “vacheron”
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Case Study on Crypto-Assets: Canada’s Largest Bitcoin Forfeiture
Vacheron (Matthew Phan) enters negotiations to purchase a glock and silencer
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Case Study on Crypto-Assets: Canada’s Largest Bitcoin Forfeiture
Conversations between weaponsguy and vacheron
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Case Study on Crypto-Assets: Canada’s Largest Bitcoin Forfeiture
Conversations between weaponsguy and vacheron
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weaponsguy
vacheron
Case Study on Crypto-Assets: Canada’s Largest Bitcoin Forfeiture
Conversations between weaponsguy and vacheron
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weaponsguy
vacheron
Case Study on Crypto-Assets: Canada’s Largest Bitcoin Forfeiture
Controlled delivery of dummy parcel is arranged
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Case Study on Crypto-Assets: Canada’s Largest Bitcoin Forfeiture
Delivery is surveilled and target arrested; attempt to import firearm and prohibited device 05/28/15
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Case Study on Crypto-Assets: Canada’s Largest Bitcoin Forfeiture
Search warrant obtained for Phan’s Mississauga condo
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Case Study on Crypto-Assets: Canada’s Largest Bitcoin Forfeiture
A number of controlled substances located
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Case Study on Crypto-Assets: Canada’s Largest Bitcoin Forfeiture
A number of controlled substances located
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Case Study on Crypto-Assets: Canada’s Largest Bitcoin Forfeiture
As well as shipping supplies and equipment
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Case Study on Crypto-Assets: Canada’s Largest Bitcoin Forfeiture
And a rental agreement for a storage locker
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Case Study on Crypto-Assets: Canada’s Largest Bitcoin Forfeiture
Which was found to contain a quantity of MDEA and cocaine
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Case Study on Crypto-Assets: Canada’s Largest Bitcoin Forfeiture
A number of electronics were seized including computer
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Case Study on Crypto-Assets: Canada’s Largest Bitcoin Forfeiture
Bitcoin wallet containing 288 bitcoin is discovered by Toronto Police Cyber Crime
© 2019 CipherTrace Inc. - All Rights Reserved.19
CipherTrace Team
Strong founding team with deep expertise in eCrime, Fintech and bitcoin technologies
Sold 3 security startups, Holds 15 cyber security patented technologies
Involved in crypto currencies since 2000, Bitcoin since 2011
Chairman of the APWG Electronic Crime Symposium
Early bitcoin miner, patented inventor, large graph data expert
6 years in blockchain engineering
Google Android architect
Part of Operating System team at Apple Computer
Stephen RyanVisa, First Data, ACI,Bank of America
Digital payments, online banking,security, authentication
Inventor of 3-D Secure (used by Visa, MasterCard, JCB, American Express)
Cyber security patent inventor
© 2018 CipherTrace Inc. - All Rights Reserved.
+ Rockstar research and development team of experts in blockchain investigations, crypto assets, attribution harvesting, malware analysis, huge data and machine learning
Demo
Capability Overview : What We Do
© 2019 CipherTrace Inc. - All Rights Reserved.27
• Intelligence Community
• Law Enforcement
• Regulators
• Attorneys and Auditors
• Banks
• Brokerages
• Funds
• Security Researchers
Financial Crime Investigations Blockchain Threat Intelligence
CipherTrace Team
Strong founding team with deep expertise in eCrime, Fintech and bitcoin technologies
Sold 3 security startups, Holds 15 cyber security patented technologies
Involved in crypto currencies since 2000, Bitcoin since 2011
Chairman of the APWG Electronic Crime Symposium
Early bitcoin miner, patented inventor, large graph data expert
6 years in blockchain engineering
Google Android architect
Part of Operating System team at Apple Computer
Stephen RyanVisa, First Data, ACI,Bank of America
Digital payments, online banking,security, authentication
Inventor of 3-D Secure (used by Visa, MasterCard, JCB, American Express)
Cyber security patent inventor
© 2018 CipherTrace Inc. - All Rights Reserved.
+ Rockstar research and development team of experts in blockchain investigations, crypto assets, attribution harvesting, malware analysis, huge data and machine learning
Forfeiture Ruling
Case Study on Crypto-Assets: Canada’s Largest Bitcoin Forfeiture
Justice Kelly renders her decision – 281.41 BTC forfeited 04/03/19
© 2019 CipherTrace Inc. - All Rights Reserved.30
CipherTrace Team
Strong founding team with deep expertise in eCrime, Fintech and bitcoin technologies
Sold 3 security startups, Holds 15 cyber security patented technologies
Involved in crypto currencies since 2000, Bitcoin since 2011
Chairman of the APWG Electronic Crime Symposium
Early bitcoin miner, patented inventor, large graph data expert
6 years in blockchain engineering
Google Android architect
Part of Operating System team at Apple Computer
Stephen RyanVisa, First Data, ACI,Bank of America
Digital payments, online banking,security, authentication
Inventor of 3-D Secure (used by Visa, MasterCard, JCB, American Express)
Cyber security patent inventor
© 2018 CipherTrace Inc. - All Rights Reserved.
+ Rockstar research and development team of experts in blockchain investigations, crypto assets, attribution harvesting, malware analysis, huge data and machine learning
Thank youModerated Q&A
Dina Mainville