Country for PR: United States
Contributor: PR Newswire New York
Tuesday, July 28 2020 - 22:00
AsiaNet
Cellebrite Adds Cryptocurrency & Blockchain Investigations Solution to Industry Leading Digital Intelligence Platform
TYSONS CORNER, Virginia, July 28, 2020 /PRNewswire-AsiaNet/--

-- Cellebrite's Crypto Tracer Solution Gives Investigators Unparalleled 
Visibility into Cryptocurrency Movement 

Cellebrite ( 
https://c212.net/c/link/?t=0&l=en&o=2866408-1&h=2918654573&u=https%3A%2F%2Fwww.cellebrite.com%2Fen%2Fhome%2F&a=Cellebrite 
), the global leader in Digital Intelligence (DI) solutions for public and 
private sectors, today announced the launch of Cellebrite Crypto Tracer, a new 
comprehensive cryptocurrency investigation solution designed to accelerate 
investigations involving blockchain technology and cryptocurrency. The 
solution, powered by CipherTrace ( 
https://c212.net/c/link/?t=0&l=en&o=2866408-1&h=3375799927&u=https%3A%2F%2Fciphertrace.com%2F&a=CipherTrace 
), features powerful and easy-to-use tools, investigation services, and 
training programs designed for investigators, analysts and non-technical 
agents. The solution empowers teams to lawfully obtain evidence and trace 
criminals who use bitcoin and other cryptocurrencies for illicit activities, 
including money laundering, terrorism, drug and human trafficking, weapon 
sales, and ransomware schemes. 

Logo - https://mma.prnewswire.com/media/1193846/Cellebrite_Logo.jpg

Every year, an estimated $76 billion ( 
https://c212.net/c/link/?t=0&l=en&o=2866408-1&h=973602578&u=https%3A%2F%2Facademic.oup.com%2Frfs%2Farticle%2F32%2F5%2F1798%2F5427781%23133641257&a=%2476+billion 
) of illegal activities involve Bitcoin. Nearly one hundred percent of darknet 
market transactions, including the sale of ransomware, illegal drugs and 
phishing kits, involve cryptocurrencies, in large part due to their ease of 
transacting online and across borders. The use of cryptocurrencies among 
criminals may have been furthered by their perceived anonymity. Transactions 
are recorded on the blockchain, which is a public ledger, enabling anyone to 
see the transactions though not the identities of those executing said 
transactions. 

Cellebrite Crypto Tracer Solution:

The Cellebrite Crypto Tracer Solution is designed to reveal illicit 
transactions using cryptocurrencies and enables investigators to aggregate and 
curate millions of open source and private references, deception data and human 
intelligence, resulting in a dataset of over 522 million attributable points. 
These data points give investigators full visibility into the lifespan of 
cryptocurrency transactions, including where the money originated and where it 
went, in both wallets and exchanges. Graphic mapping and color-coded threat 
level transactions enhance the visualization and understanding of the 
activities and accelerate investigators' abilities to pinpoint primary and 
associated criminal activity and its perpetrators. 

Powered by CipherTrace Inspector, the world's most comprehensive cryptocurrency 
intelligence tool, the Cellebrite Crypto Tracer Solution gives investigators 
the ability to: 

    - Utilize a Blockchain Search Engine: Simply enter a cryptocurrency 
      address or transaction ID into an intuitive search bar that will 
      auto-complete long addresses. 
    - Conduct Risk Scoring: Profile hundreds of global exchanges, ATMs, 
      mixers, money laundering systems, gambling services, and known criminal 
      addresses and assign risk levels to transactions. 
    - Show a Deep Analysis of Potential Risks: Non-technical users can 
      visualize transaction flows to follow virtual money trails without 
      becoming a cryptocurrency or blockchain expert. 
    - Demonstrate High-Quality Advanced Attribution: Top entity typologies 
      and attribution collection methods are easily identifiable within 
      Inspector. 
    - Leverage a Massive Transaction Database: Allows users to understand 
      interactions with a powerful graph that traces the flow of funds over 
      time and through the blockchain ecosystem. 
    - Operate with Integrated Case Management: Gives investigators a 
      convenient way to save research, replay searches, export investigation 
      reports and collaborate with others involved in the investigation.

Also included in Cellebrite Crypto Tracer: 

    - Cryptocurrency Investigation Services: The Cellebrite Advanced 
      Services (CAS) team conducts criminal and civil cryptocurrency fraud 
      investigations for law enforcement and corporations. Cellebrite 
      certified forensics experts employ advanced techniques to expose 
      financial cybercrime and fraud schemes by analyzing cryptocurrency 
      artifacts and providing investigative teams with detailed documentation 
      and insights through analyst level reports.

    - Cryptocurrencies Investigation Training: A 3-day course in best-
      practices for cryptocurrency investigation techniques. The class 
      teaches investigators how to use CipherTrace Inspector to obtain and 
      analyze evidence about individuals committing crimes using 
      cryptocurrencies. 

"It has long been assumed that blockchain and cryptocurrency transactions 
remain untraceable and unknown," said Leeor Ben-Peretz, Chief Strategy Officer, 
Cellebrite. "This is a misconception. As a matter of fact, the essence of 
blockchain is to indelibly keep a record of each step of every transaction. 
We're enabling investigative teams to extract this information and use the 
power of Digital Intelligence to aid them in interpreting the data needed to 
identify illicit blockchain activity and keep communities safe."      

"We're very excited to offer our best-in-class cryptocurrency tracing and 
blockchain analytic capabilities to enhance Cellebrite's Digital Intelligence, 
training and investigative services," said Stephen Ryan, COO of CipherTrace. 
"As criminals increasingly utilize cryptocurrencies in their illicit activity, 
our partnership with Cellebrite will be that much more important to making the 
digital world a safer place."

To learn more about the Cellebrite Crypto Tracer, please visit: 
https://www.cellebrite.com/en/crypto-tracer/.

About Cellebrite
Cellebrite ( 
https://c212.net/c/link/?t=0&l=en&o=2866408-1&h=2918654573&u=https%3A%2F%2Fwww.cellebrite.com%2Fen%2Fhome%2F&a=Cellebrite 
) is the global leader of Digital Intelligence solutions for law enforcement, 
government and enterprise organizations. Cellebrite delivers an extensive suite 
of innovative software solutions, analytic tools, and training designed to 
accelerate digital investigations and address the growing complexity of 
handling crime and security challenges in the digital era. Trusted by thousands 
of leading agencies and companies in more than 150 countries, Cellebrite is 
helping fulfill the joint mission of creating a safer world. To learn more 
visit us at: www.cellebrite.com

About CipherTrace
CipherTrace ( 
https://c212.net/c/link/?t=0&l=en&o=2866408-1&h=3375799927&u=https%3A%2F%2Fciphertrace.com%2F&a=CipherTrace 
), leading cryptocurrency intelligence company, protects financial institutions 
from crypto laundering risk and is helping to grow the crypto economy by making 
virtual assets trusted by governments and safe for mass adoption. CipherTrace 
delivers the world's most comprehensive cryptocurrency intelligence to detect 
money laundering, inform law enforcement investigations, and enable regulatory 
supervision. CipherTrace founders are dedicated to protecting consumer privacy, 
while defending against illicit finance. Deep expertise in cybersecurity, 
eCrime, payments, banking, encryption, and virtual currencies form the 
foundation for CipherTrace's commercial offerings. For more information, visit: 
www.CipherTrace.com or follow us on Twitter @CipherTrace.

Contact:
Olga Shmuklyer, SVP 
Fusion PR
Mobile: +1-(917)-715-0329
Cellebrite@FusionPR.com 

Adam Jaffe, VP of Global
Communications, Cellebrite
Mobile: +1-609-502-6889
Adam.Jaffe@cellebrite.com


SOURCE: Cellebrite