News
Cyber-extortion and ransomware: Is it new?
Ransomware incidents continue to cause disruption throughout the world with several high-profile incidents occurring in 2021. An attack on Colonial Pipeline brought the U.S. fuel
Insights from the first quarter to support LEAs in tracing illicit money flows, TRACE Consortium Meeting – Lisbon 2022
After a long period of meeting over Zoom, the TRACE consortium was finally able to meet in person to discuss the progress of TRACE project
Concealed identities: money laundering with stolen art and antiquities
The modern art and antiquities markets are particularly vulnerable to money laundering. This is partly explained by the changing character of art and the global
Connections between money laundering, real estate development and the property market
Recent years have seen a drastic spike in suspected use of real estate development and property transactions for money laundering. In 2020, Germany’s Financial Intelligence
Terrorist financing under the TRACE microscope
Terrorism has been damaging the social fabric at intra- and inter-EU borders. It causes significant economic losses that, since 2004, have amounted to €185 billion
Crypto-asset trading business: links to Money Laundering and Terrorist Financing?
The crypto-asset trading business facilitates increasing illicit money flows, inter alia, for terrorist financing purposes. Decentralised exchanges allow users with unhosted wallets to exchange crypto-assets
TRACE attends CCI Final Conference: Designing Security Futures
TRACE is delighted to have participated in the EU-funded Cutting Crime Impact (CCI) projects final conference Designing Security Futures hosted in Brussels on the 24-25th of November. TRACE
Online gambling: the perfect disguise to transfer illicit profits
Online gambling and money laundering have become the perfect partners. In 2020 the Online Gambling Gross Income in Europe reached approximately 24 billion Euros. According
TRACE Focus Group Discussions with Law Enforcement Agencies (LEAs)
Every year, cross-border investigation into illicit money flows (IMFs) are hindered by fragmented e-evidence. The TRACE project addresses this issue by delivering a modular open-source
