Posts

Showing posts from April, 2022

Asset Reality to Help Victims of Crypto Crime Get Justice in New Industry Collaboration

Image
Asset Reality is proud to announce a new collaboration designed to help victims of crypto-related fraud overcome the unnecessary barriers they face within the justice system. Together with Grant Thornton UK LLP, Outer Temple Chambers, Rahman Ravelli and Sandton Capital, we have established a triage system to assess claims at the outset. A team of experts trained in investigation techniques and corporate intelligence will then examine the claims for merit and further legal assessment.  Successful claims will be assessed and financed on a portfolio basis by Sandton Capital. They’ve dedicated £50m towards crypto-related litigation cases and their new portfolio facilities will allow them to finance multiple claims at once that would otherwise not have been possible. Though crypto-related crime reached an all-time high last year, with fraudulent addresses receiving over $14 billion during 2021, cases brought before the courts are still shockingly low. This is largely because the majorit...

Asset Reality Announces Strategic Partnership With Solidi

Image
Asset Reality is pleased to announce that we’re expanding our network of FCA registered digital custodians through our new strategic partnership with Solidi, a leading crypto asset exchange and custody provider based in the UK. Solidi’s platform uses a secure cold storage system and multiple layers of security to fully safeguard any of the digital assets under their protection. Their cold storage vault has been operating flawlessly for over 7 years without incident, during which they’ve guarded hundreds of millions of crypto assets. This collaboration, and those with our other strategic digital custodians like Digivault, will help law enforcement and asset recovery practitioners to properly recover, store and manage stolen virtual assets like cryptocurrency, NFTs or other virtual investments.  Our bespoke platform is the world’s first end-to-end solution that covers the whole life cycle of seized assets. Handling the entire process in one place saves investigators time, reduces ris...