As successful crypto-based investigations and prosecutions have increased, criminals’ creativity has expanded accordingly. The latest twist? Bypassing established (and regulated) crypto exchanges in favor of DIY “domestic off-market exchanges” to launder money. These private, unregulated crypto exchanges using private wallets seemed to be a perfect workaround. There was just one problem that the criminals seemed unaware of: Running an unlicensed money transmitting business is against the law.

In a follow-up to last year’s popular Operation Crypto Runner session, hear how the United States Secret Service and Department of Justice, in partnership with financial institutions, ingeniously used a decades-old law to dismantle digitized defenses. This case study will benefit attendees from both the public and private sectors — because criminals aren’t the only ones who can get creative.