Bitfinex Monitors Risk While Giving Customers the Best Trading Experience | Chainalysis Partners

Bitfinex Chief Compliance Officer Peter Warrack discusses their partnership with Chainalysis to improve regulatory compliance and cryptocurrency investigations while offering the best crypto trading experience for customers.

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Challenge:
Provide customers with the ultimate cryptocurrency trading experience while supporting, at scale, global regulatory compliance.

Solution:
-Bitfinex now takes a risk-based approach with Chainalysis that is highly customizable and tuned to the unique needs of its teams, multiple countries, and regulatory frameworks.
-Seamlessly integrated into the Bitfinex tech stack, Chainalysis is used by their compliance team to provide a safe and secure experience for customers.
-Compliance decisions and investigations programs are backed by the deepest and most reliable data in the industry.
-With Chainalysis, illicit activity is prevented on their platform while maintaining strong working relationships with the law enforcement community.

“Chainalysis is the proven solution in my eyes. It is the expected standard.”
-Peter Warrack, Chief Compliance Officer, Bitfinex

Additional Resources:

Bitfinex Customer Story: https://www.chainalysis.com/customer-story-bitfinex/

U.S. Government Seizes Bitcoin Worth a Record $3.6B Connected to the 2016 Bitfinex Hack: https://blog.chainalysis.com/reports/bitfinex-hack-seizure-arrest-2022/

Sign Up for the Free Chainalysis Public Academy: https://academy.chainalysis.com/

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Connect with Chainalysis
Website: https://www.chainalysis.com/
Contact Us: https://www.chainalysis.com/contact-us/
Blog & Insights: https://blog.chainalysis.com
Download the 2022 Crypto Crime Report:
https://go.chainalysis.com/2022-Crypto-Crime-Report.html
Download the 2022 Geography of Crypto Report: https://go.chainalysis.com/geography-of-crypto-2022-report.html
Chainalysis Podcast: https://blog.chainalysis.com/reports/chainalysis-podcast-episode-20-skiff-andrew-milich/

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