Asset Reality is delighted to announce a new partnership with Metamask, the world’s largest digital wallet provider. This partnership represents an industry-first approach to improving digital asset recovery around the world. Metamask is a non-custodial software that run’s on the user’s device, similar to a web browser. In January, they exceeded over 30 million monthly active users, making them the most popular Web3 wallet and browser globally. Just like a physical wallet in somebody’s back pocket, Metamask doesn’t have any access to users’ funds so the most important member of the security team is the user themselves.  Over the last few years, economic activity on web3 has grown exponentially. While this growth has attracted a number of highly innovative applications that will help redefine the future of financial services and the creator economy, it has also drawn the attention of online scammers and thieves. Due to the high number of users on the platform, Metamask is a c...

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 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...

  As digital asset trading gains more prevalence in society, it presents a unique new challenge for law enforcement agencies, asset recovery practitioners and regulatory bodies in both the public and private sector. We’ve been appointed by the Belgian authorities to provide comprehensive management services for seized crypto assets. We’ll be working closely with law enforcement agencies, public prosecutors and investigating judges across Belgium to improve their asset management capabilities and mitigate risk. Alongside one of our digital custodian partners, Digivault, our team of experienced crypto practitioners will be using our bespoke platform to provide recovery, storage and management services for seized digital assets like cryptocurrency, NFTS and other virtual investments. The platform was custom-built to provide the world’s first end-to-end solution for investigating, recovering, managing and selling these complex assets.  It will allow investigators to save time, red...

  Asset Reality is proud to announce that we’ve been appointed by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) to conduct a series of international technical assessments as a part of their Global Program for Combating Illicit Financial Flows project. This project is researching how the connectivity between international financial systems promotes both economic growth and gives rise to illicit financial flows. The project focuses on collaborative efforts between participating countries to create working systems at regional, national and international levels. Recently, our Co-Founder & CEO Aidan Larkin moderated several sessions for GIZ’s Asset Management Forum.  At these sessions, the panelists discussed the international standards of solid asset management and disposal, the legal framework, set-up and operational processes of an asset management office, and the disposal of assets with a particular focus on the social re-use cases. In line with our miss...

  Asset Reality is proud to announce a new strategic partnership with Digivault, a leading digital asset custody provider. Their expertise in this area will help us to achieve our mission to make crypto easier and fairer for everyone. As cryptocurrencies and digital assets like NFTs continue to gain prevalence in society, the need for global law enforcement agencies to keep up with the rapid development has never been higher. The public and private sector are both struggling with the challenges of managing seized assets, particularly those of a complex nature like crypto. By combining the unique abilities of Asset Reality and companies like Digivault, we can continue to support law enforcement agencies and asset recovery professionals to gain better results for the victims and creditors. Digivault is the industry’s first standalone FCA registered custodian of digital assets. Their platform combines multiple layers of security to give their clients the best possible protection. They...

  From seizure to sale, seized cryptocurrency assets are yet to have a streamlined professional process. As cryptocurrency gains prevalence in today’s society, the need for a comprehensive way to resolve crypto disputes is growing steadily.  Asset Reality is teaming up with Chainalysis and Grant Thornton to create a ground-breaking end-to-end solution for simultaneously investigating, managing and resolving disputes involving seized cryptocurrency assets.  Grant Thornton is the largest dedicated contentious insolvency team in the UK with a sole focus on asset recovery. Although the crypto space has always been dominated by Tech and Analytical companies, Asset Reality is thrilled that established asset recovery practitioners such as Grant Thornton are now entering this industry to help victims and creditors recover their funds.  This new initiative will be spearheaded at Grant Thornton by Insolvency and Asset Recovery director Carmel King and Digital Forensic Group pa...

 Asset Reality has been chosen by the Anti-Corruption Commission of Seychelles to provide services to the law enforcement agencies on the island. We’ll be supporting their efforts and implementing solutions to help the country build on the excellent work that is already being done. Many smaller island jurisdictions like the Seychelles find it difficult to balance the economic opportunities brought by embracing the crypto ecosystem against the need to tackle illicit crypto, especially against the backdrop of corruption. The work being carried out by the various law enforcement agencies on the island is invaluable in the fight against financial crime. Our Co-Founder & CEO, Aidan Larkin, is delighted with the new appointment: “Getting to work in the Seychelles for the second time in a month is a real treat. Not just because of the spectacular location, but getting to work with the dedicated officers of the Anti-Corruption Commission, Financial Intelligence Unit and Financial Crime...

  As crypto-related frauds continue to rise in scale and sophistication, the need for the legal industry to respond to cases robustly and effectively in this new area requires a joint approach that provides victims of fraud with the best possible means of redress. The ‘Crypto Fraud and Asset Recovery’ network will bring together some of the world's leading names in crypto fraud investigations and asset recovery. These professionals include lawyers, barristers and forensic accountants as well as corporate intelligence and asset recovery professionals. Through meeting regularly to discuss their practical experiences, the group will develop best practises for this rapidly evolving sector. By building the knowledge and experience in this area throughout the legal community, the UK and common law jurisdictions will be placed at the forefront of global crypto dispute resolution. The group aims to become a valuable resource for sensible advice in relation to crypto fraud and asset recover...

  Asset Reality and Chainalysis are proud to announce a new Partnership with the law firm Brandsmiths.  Their unique litigation capability recently won a landmark case confirming the status of crypto assets as property and they have helped a range of clients, particularly leading digital platform businesses, to make the most of their creative ideas and their most valuable assets. This new partnership aims to protect such clients, helping them to exercise their right to recovery in a field known for its complexity. It will seek to deliver a brand new service for the recovery of digital assets like cryptocurrency and NFTs all under one roof, giving clients peace of mind knowing that a single expert team is working together for a single goal. As explained by our co-founder Aidan Larkin (Co-founder and CEO): “Crypto assets present unique challenges when trying to recover and seize them and having an experienced network of professionals at each key stage of the process is vital. We...

  We are proud to announce a new partnership with Chainalysis, whose mission is to promote the safe adoption of cryptocurrencies by building trust among financial institutions, governments, and cryptocurrency businesses. Speaking of the appointment, Aidan Larkin (Partner and Chief Executive) commented: "We’re delighted to partner with Chainalysis given their strong links to supporting enforcement agencies and their clear position as market leaders in their field. Investigation and enforcement activity around cryptocurrency is not something that should be taken lightly." "Demonstrating the importance of public and private sector partnership, many crypto seizures would simply not have been possible were it not for the collaborative approach between the agencies at pooling resources and expertise to achieve the desired outcome in the most effective way possible. We’ve seen excellent examples of this; most notably the Silk Road seizure where over $1 billion dollars worth of...