Events
Beating Crypto Fraud: Can Your Digital Assets Be Recovered?
August 18, 2022
| Webinar
| Duane Morris & Selvam
Webinar Replay
Duane Morris and Selvam will present a webinar, Beating Crypto Fraud: Can Your Digital Assets Be Recovered? on Thursday, 18 August 2022, from 3:00 p.m. to 4:30 p.m. Singapore time.
About the Programme
In March 2022, the Singapore High Court allowed an application to freeze over US$7 million in crypto assets that an American entrepreneur claimed to have been stolen by unknown individuals and entities. In a separate case in February, a Singaporean woman reportedly lost S$1.2 million worth of her life savings in a cryptocurrency investment scam.
Cases like these are becoming more frequent as more people venture into cryptocurrency investments. Cryptocurrencies are also often used in financial crimes such as money laundering and embezzlement, making it highly challenging to detect fraud and conduct investigations.
With individuals and businesses increasingly turning to blockchain enabled transactions, the ability to investigate wrongdoing in public and private blockchains has never been more critical. What can investors do when they fall victim to crypto fraud? Are there any forms of legal recourse for those who have lost money to scams involving digital asset transactions? Can we make use of forensic tools or cryptocurrency algorithms to trace and track stolen or lost cryptocurrencies?
Join us in this upcoming programme as we discuss the various types of cryptocurrency fraud, how the Singapore courts deal with such cases, and some of the ways that companies and individuals trace, freeze and recover their stolen digital assets. We will also explore how the latest blockchain forensic tools are being used to analyse, identify and prevent cryptocurrency crimes.
Moderator
Leon Yee Chairman, Duane Morris & Selvam LLP
Presenters
Krishna Ramachandra,Founder & Chairman, Digital Insights Ventures (Former Chairman, Selvam LLC)
Clement Tan, Director, Selvam LLC
Ramesh Moosa, EY Asean and Singapore, Forensic & Integrity Services Leader
About Duane Morris & Selvam LLP
Duane Morris & Selvam LLP is a joint venture between Duane Morris LLP and Selvam LLC, with its headquarters in Singapore. It offers both Singapore and international legal solutions. By way of its global platform and extensive range of legal services, the firm helps companies conduct business in and out of Asia, the United States, Latin America, Europe and beyond. In addition to the excellent skills of its lawyers, clients benefit from the cultural fluency and key relationships that the firm has developed over many years of practising law throughout the region. The firm has a presence in the key markets of Southeast Asia, including Singapore, Hanoi, Ho Chi Minh City and Yangon as well as in Shanghai, China. The firm is known for its commercial and entrepreneurial approach and acts as its clients’ trusted advisor. It is a firm with local knowledge and a global outlook.
About EY
EY exists to build a better working world, helping create long-term value for clients, people and society and build trust in the capital markets.
Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.
Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.