The post Building Trust in Crypto: Separating Perception from Reality appeared on BitcoinEthereumNews.com. Crypto often makes mainstream headlines for the wrong reasons, but beneath the surface lies a story of innovation, resilience and a community working to build a safer financial future. This week’s episode of the Clear Crypto Podcast, brought to you by StarkWare and Cointelegraph, takes a hard look at one of the most pressing, and misunderstood, issues in digital assets: crime in the crypto ecosystem. Crypto crime reality check While mainstream headlines often associate blockchain with hacks, scams and fraud, the reality is more complex.  Guest Ari Redbord, global head of policy at TRM Labs and a former U.S. federal prosecutor, joined host Nathan to cut through the perception gap.  “The reality is that we’ve seen real scam activity in the crypto ecosystem over the last two years, about 50 billion in scams and fraud,” he said. “But illicit activity still makes up about 1% of all activity within the crypto ecosystem. So we’re talking about 99% lawful activity” For Redbord, the takeaway is clear: Crypto is not inherently flawed, but like any transformative technology, it attracts opportunistic actors. Related: DC attorney general sues Athena Bitcoin over alleged hidden fees  “Bad actors are always early adopters of transformative technology, and cryptocurrency and blockchain are just that,” he said. “The promise of cryptocurrency is cross-border value transfer at the speed of the internet … but you know who else likes to move funds faster and in larger amounts is bad actors” Still, the same transparency that enables illicit use also gives investigators powerful tools. He emphasized:  “Every transaction is traceable, trackable and immutable on a public ledger. And that means we can do compliance. We can do investigations better than we ever could before.” Privacy, security, innovation The discussion also explored how privacy and security can coexist through innovation. Redbord pointed… The post Building Trust in Crypto: Separating Perception from Reality appeared on BitcoinEthereumNews.com. Crypto often makes mainstream headlines for the wrong reasons, but beneath the surface lies a story of innovation, resilience and a community working to build a safer financial future. This week’s episode of the Clear Crypto Podcast, brought to you by StarkWare and Cointelegraph, takes a hard look at one of the most pressing, and misunderstood, issues in digital assets: crime in the crypto ecosystem. Crypto crime reality check While mainstream headlines often associate blockchain with hacks, scams and fraud, the reality is more complex.  Guest Ari Redbord, global head of policy at TRM Labs and a former U.S. federal prosecutor, joined host Nathan to cut through the perception gap.  “The reality is that we’ve seen real scam activity in the crypto ecosystem over the last two years, about 50 billion in scams and fraud,” he said. “But illicit activity still makes up about 1% of all activity within the crypto ecosystem. So we’re talking about 99% lawful activity” For Redbord, the takeaway is clear: Crypto is not inherently flawed, but like any transformative technology, it attracts opportunistic actors. Related: DC attorney general sues Athena Bitcoin over alleged hidden fees  “Bad actors are always early adopters of transformative technology, and cryptocurrency and blockchain are just that,” he said. “The promise of cryptocurrency is cross-border value transfer at the speed of the internet … but you know who else likes to move funds faster and in larger amounts is bad actors” Still, the same transparency that enables illicit use also gives investigators powerful tools. He emphasized:  “Every transaction is traceable, trackable and immutable on a public ledger. And that means we can do compliance. We can do investigations better than we ever could before.” Privacy, security, innovation The discussion also explored how privacy and security can coexist through innovation. Redbord pointed…

Building Trust in Crypto: Separating Perception from Reality

Crypto often makes mainstream headlines for the wrong reasons, but beneath the surface lies a story of innovation, resilience and a community working to build a safer financial future.

This week’s episode of the Clear Crypto Podcast, brought to you by StarkWare and Cointelegraph, takes a hard look at one of the most pressing, and misunderstood, issues in digital assets: crime in the crypto ecosystem.

Crypto crime reality check

While mainstream headlines often associate blockchain with hacks, scams and fraud, the reality is more complex. 

Guest Ari Redbord, global head of policy at TRM Labs and a former U.S. federal prosecutor, joined host Nathan to cut through the perception gap. 

“The reality is that we’ve seen real scam activity in the crypto ecosystem over the last two years, about 50 billion in scams and fraud,” he said.

For Redbord, the takeaway is clear: Crypto is not inherently flawed, but like any transformative technology, it attracts opportunistic actors.

Related: DC attorney general sues Athena Bitcoin over alleged hidden fees

 “Bad actors are always early adopters of transformative technology, and cryptocurrency and blockchain are just that,” he said. “The promise of cryptocurrency is cross-border value transfer at the speed of the internet … but you know who else likes to move funds faster and in larger amounts is bad actors”

Still, the same transparency that enables illicit use also gives investigators powerful tools. He emphasized: 

Privacy, security, innovation

The discussion also explored how privacy and security can coexist through innovation. Redbord pointed to “zero knowledge proofs, around privacy pools, around digital identity” as examples of technologies. 

He said zk-proofs “allow us to thread that needle between ensuring lawful users of this technology have the privacy they need, but also stopping bad actors like North Korea who threaten the ecosystem.”

Despite the challenges, Redbord stressed optimism: 

To hear the complete conversation on the Clear Crypto Podcast, listen to the full episode on Cointelegraph’s Podcasts page, Apple Podcasts or Spotify. And don’t forget to check out Cointelegraph’s full lineup of other shows! 

Magazine: Crypto scam hub expose stunt goes viral, Kakao detects 70K scam apps: Asia Express

Source: https://cointelegraph.com/news/the-truth-crypto-scams-hacks-blockchain-security?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound

Market Opportunity
Union Logo
Union Price(U)
$0.002416
$0.002416$0.002416
-11.63%
USD
Union (U) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Vitalik Buterin Supports Native Rollup Integration on Ethereum

Vitalik Buterin Supports Native Rollup Integration on Ethereum

The post Vitalik Buterin Supports Native Rollup Integration on Ethereum appeared on BitcoinEthereumNews.com. Key Points: Vitalik Buterin supports ZK Rollups for
Share
BitcoinEthereumNews2026/01/19 15:43
Fan Token Firm Chiliz Acquires 2-Time ‘Dota 2’ Champions, OG Esports

Fan Token Firm Chiliz Acquires 2-Time ‘Dota 2’ Champions, OG Esports

The post Fan Token Firm Chiliz Acquires 2-Time ‘Dota 2’ Champions, OG Esports appeared on BitcoinEthereumNews.com. In brief The Chiliz Group has acquired a controlling stake in OG Esports, a prominent competitive gaming organization. OG Esports unveiled its own fan token on Chiliz’s Socios.com platform back in 2020. It recently hit an all-time high price. Chiliz has teased various future team-related benefits for OG token holders, along with a new Web3-related project. The Chiliz Group, which operates the Socios.com crypto fan token platform, announced Tuesday that it has acquired a 51% controlling stake in OG Esports, the competitive gaming organization founded in 2015 by Dota 2 legends Johan “nOtail” Sundstein and Sébastien “Ceb” Debs. OG made history as the first team to win consecutive titles at The International—the annual, high-profile Dota 2 world championship tournament—in 2018 and 2019, and has since expanded into multiple games including Counter-Strike, Honor of Kings, and Marvel Rivals. The team was also the first esports organization to join the Socios platform with the 2020 debut of its own fan token, which Chiliz said recently became the first esports team token to exceed a $100 million market capitalization. OG was recently priced at $16.88, up nearly 9% on the day following the announcement. The token’s price peaked at a new all-time high of $24.78 last week ahead of The International 2025, where OG did not compete this year. Following the acquisition, Xavier Oswald will assume the CEO role, while the co-founders will turn their attention to “a new strategic project consolidating the team’s competitive foundation [and] driving innovation at the intersection of esports and Web3,” per a press release. No further details were provided regarding that project. “Bringing OG into the Chiliz Group is a major step toward further strengthening fan experiences, one where the community doesn’t just watch from the sidelines but gets to shape the journey,” Chiliz CEO Alex Dreyfus…
Share
BitcoinEthereumNews2025/09/18 09:40
NEAR Price Prediction: Testing Critical $1.88 Resistance with $2.10-$2.35 Targets by February 2026

NEAR Price Prediction: Testing Critical $1.88 Resistance with $2.10-$2.35 Targets by February 2026

The post NEAR Price Prediction: Testing Critical $1.88 Resistance with $2.10-$2.35 Targets by February 2026 appeared on BitcoinEthereumNews.com. Rebeca Moen
Share
BitcoinEthereumNews2026/01/19 15:34