New and unique asset classes with novel fraud and money laundering risks. Heightened regulatory scrutiny and coordinated global enforcement with minimal frameworks or guidance. Increased cybersecurity threats from an ever-growing list of threat actors. Cryptocurrencies and blockchain technology offer significant opportunities but also present a rapidly growing list of challenges and risks.

In a fast-paced and unprecedented industry, companies and consumers need a global and nimble team. Enter StoneTurn’s Digital Assets and Blockchain team. Our multidisciplinary team of compliance experts, forensic investigators, data scientists and cybersecurity professionals tackle a wide range of issues, enabling stakeholders to seize opportunities with greater confidence and helping clients balance innovation with security and transparency.

 

Turn to us when:

  • Theft, disappearance or misuse of cryptocurrency or other digital assets occur
  • Suspicions or allegations of fraud related to cryptocurrency investments or initial coin offerings (ICOs)
  • Needing intelligence of an acquisition target or potential private investment
  • A regulator or potential investor requests a review of your AML or conduct risk programs
  • A risk assessment reveals gaps or inconsistencies in controls or compliance
  • Needing assistance with transaction monitoring or a backlog of transactions for review
  • Considering adding digital assets to your balance sheet

How We Help


Forensic Investigations and Cryptocurrency Lifecycle Intelligence

Our digital assets experts investigate concerns of fraud, misappropriation, misconduct, or in response to a government inquiry. We help companies, investors, and counsel to quickly and efficiently identify, assess, remediate, and resolve these sensitive matters.

StoneTurn professionals also assist in the identification and recovery of cryptocurrency lost to theft or fraud through targeted flow of cryptocurrency analyses and blockchain lifecycle tracing. StoneTurn can work with and provide assistance to law enforcement when asset seizure or prosecution is involved.

Due Diligence and Intelligence

Knowing your investors, your investment targets, your vendors, and other stakeholders is no longer optional, especially when it can have an adverse impact on a company and its reputation. StoneTurn is committed to helping clients mitigate risk through strengthening due diligence efforts where potential clients, vendors, or executives hold digital assets or cryptocurrencies.

Data Analytics

StoneTurn’s experts evaluate, format and structure large amounts of information from multiple structured and unstructured data sources to help our clients understand relationships, trends and outliers. Our data analytics team assists in lifecycle tracing analyses during investigations to identify the origin and follow movement of digital assets. We also analyze the results of detective controls to timely assess and identify exceptions and trends.

Cybersecurity

StoneTurn’s Cybersecurity experts help to ensure that your organization is protected from threats and attacks, both on and off the blockchain. We take a proactive view of internal controls to evaluate whether your data and systems can withstand compromise by the most sophisticated of cyber criminals. In the event an incident does occur, StoneTurn’s team helps minimize the impact of loss. Our experts perform root cause analysis to identify the source of a threat or attack, investigate its extent, and contain the impact to recover quickly.

Anti-Money Laundering and Sanctions Compliance

In the ever-expanding world of digital assets, StoneTurn can help firms navigate the requirements of robust anti-money laundering and sanctions policies, procedures, and controls. From designing, remediating, or assessing AML and sanction programs, we have worked with crypto firms to make sure their programs answer both business and regulatory needs. StoneTurn’s experts in Know Your Customer (KYC), ongoing and enhanced due diligence, transaction monitoring, and customer risk ratings have deep experience working with companies employing blockchain technology or deploying digital assets. Our professionals also help firms understand and comply with sanctions, embargoes, tariffs, and the increasing requirements of crypto firms to know their customer’s customers.

Remediate and Monitor

Our experts work with organizations to remediate compliance programs after misconduct is discovered so wrongdoing does not recur. We serve as court- and government-appointed monitors to oversee and assess the design and implementation of effective policies and controls around cryptocurrencies and digital assets. When anticipating regulatory or prosecutorial action, financial institutions engage StoneTurn proactively as remediation consultant to demonstrate the firm is “a step ahead” in fixing any wrongdoing.