Key Takeaways:
Coinbase, a leading cryptocurrency exchange, has partnered with Irdeto, a digital platform security specialist and subsidiary of MultiChoice.
The collaboration aims to combat the illicit use of cryptocurrencies, with a particular focus on disrupting payments for content piracy and other cybercrimes.
Irdeto’s investigations show a rising trend in crypto-based payments by illicit service providers, increasing from 13% in 2022 to 19% by the end of 2024.
Under the partnership, Irdeto will provide Coinbase with intelligence and investigative reports to help identify and remove bad actors using the crypto platform for illegal activities.
This initiative is also intended to support law enforcement agencies in tracking offenders and potentially recovering illicitly obtained crypto assets.
A Strategic Alliance Against Digital Crime
In a significant move to address the growing use of digital currencies in illegal activities, cryptocurrency ex ..
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