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How does the FBI think about bitcoin? with Ren McEachern

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Manage episode 440421503 series 3516333
Content provided by Unchained Capital, Inc and Unchained Capital. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Unchained Capital, Inc and Unchained Capital or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode, former FBI agent Ren McEachern breaks down financial crime and fraud in the digital age. We cover how criminals use different monetary tools for money laundering, whether the FBI can reverse wire transfers, and their work on the dark web. Ren explains asset seizures, including high-value items like yachts, and the unique challenges of seizing and liquidating bitcoin. We also discuss the FBI’s evolving stance on bitcoin, tracing crypto transactions, and using off-chain data to prevent fraud. Lastly, we tackle the potentially fraudulent NFT market, and Ren shares what he sees as the biggest risk to bitcoin today.

SUPPORT THE PODCAST:

→ Subscribe

→ Leave a review

→ Share the show with your friends and family

→ Send us an email [email protected]

TIMESTAMPS:

01:30 Introduction and Background

06:00 Most common monetary tool used in money laundering?

09:08 Can the FBI reverse wire transfers?

12:48 FBI and the dark web

15:12 Brazil banning X.com

17:15 Seizing assets and chasing yachts

21:55 Liquidating seized assets and yachts

24:00 The difficulty of seizing bitcoin

29:00 Government seizure of bitcoin and liquidation

37:00 Trump’s strategic bitcoin stockpile

40:00 The FBI's perspective on bitcoin

50:10 Future of fraud with bitcoin and crypto?

01:01:25 Is the NFT market just money laundering?

01:04:30 Most commonly used crypto for fraud?

01:08:13 Biggest risk to bitcoin?

WHERE TO FOLLOW US:

→ Unchained Twitter: https://twitter.com/unchainedcom

→ Unchained LinkedIn: https://www.linkedin.com/company/unchainedcom

→ Unchained Newsletter: https://unchained.com/newsletter

→ Joe Burnett’s Twitter: https://twitter.com/IIICapital

→ Ren McEachern’s LinkedIn: https://www.linkedin.com/in/george-ren-mceachern

  continue reading

90 episodes

Artwork
iconShare
 
Manage episode 440421503 series 3516333
Content provided by Unchained Capital, Inc and Unchained Capital. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Unchained Capital, Inc and Unchained Capital or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode, former FBI agent Ren McEachern breaks down financial crime and fraud in the digital age. We cover how criminals use different monetary tools for money laundering, whether the FBI can reverse wire transfers, and their work on the dark web. Ren explains asset seizures, including high-value items like yachts, and the unique challenges of seizing and liquidating bitcoin. We also discuss the FBI’s evolving stance on bitcoin, tracing crypto transactions, and using off-chain data to prevent fraud. Lastly, we tackle the potentially fraudulent NFT market, and Ren shares what he sees as the biggest risk to bitcoin today.

SUPPORT THE PODCAST:

→ Subscribe

→ Leave a review

→ Share the show with your friends and family

→ Send us an email [email protected]

TIMESTAMPS:

01:30 Introduction and Background

06:00 Most common monetary tool used in money laundering?

09:08 Can the FBI reverse wire transfers?

12:48 FBI and the dark web

15:12 Brazil banning X.com

17:15 Seizing assets and chasing yachts

21:55 Liquidating seized assets and yachts

24:00 The difficulty of seizing bitcoin

29:00 Government seizure of bitcoin and liquidation

37:00 Trump’s strategic bitcoin stockpile

40:00 The FBI's perspective on bitcoin

50:10 Future of fraud with bitcoin and crypto?

01:01:25 Is the NFT market just money laundering?

01:04:30 Most commonly used crypto for fraud?

01:08:13 Biggest risk to bitcoin?

WHERE TO FOLLOW US:

→ Unchained Twitter: https://twitter.com/unchainedcom

→ Unchained LinkedIn: https://www.linkedin.com/company/unchainedcom

→ Unchained Newsletter: https://unchained.com/newsletter

→ Joe Burnett’s Twitter: https://twitter.com/IIICapital

→ Ren McEachern’s LinkedIn: https://www.linkedin.com/in/george-ren-mceachern

  continue reading

90 episodes

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