"Looking at KYE (know your ecosystem), you’re able to essentially review the transaction that is not directly with you, and so you can see where the tokens are landing before potentially they’re going toward some sort of illicit flow or to an illicit actor.”
-Jasleen Bains on how to mitigate counter-terrorist financing risks
Recorded at ACAMS’ The Assembly Las Vegas, in this latest episode of the Sanctions Space podcast, Justine Walker sat down with Jasleen Bains, compliance consultant with Ondo Finance and founder of Bains Labs. They discuss the terrorism financing landscape and how the illicit financial flows are evading sanctions, the evolution of crypto-related terrorist financing risks and how regulations could be strengthened to make sanctions relating to crypto more effective.
