Money Laundering Risks In The Crypto Sector & Web3 Metaverse

Web3 Metaverse economy / Blockchain transactions / Cryptocurrency / European guidelines for risk assessment

What you'll learn

The Web3-empowered metaverse

The Web3 metaverse economy and financial crime

Cryptoassets & blockchain transactions

Money laundering risks in the crypto sector and the Web3 metaverse

The European guidelines for performing a risk assessment in the crypto sector

Requirements

No experience needed, you will learn everything you need.

Description

I made this course because, irrelevant of the fact that you are a crypto enthusiast of not, it looks like the majority of people already agreed to a Web3 metaverse future, therefore studying and adapting became a necessity, not an option.In this course:- I define notions related to the Web3 economy such as, “metaverse”, “smart contract”, “DeFI” and many more;- I define the blockchain technology and provide a detailed picture of how blockchain transactions work;- I define cryptocurrency and crypto tokens and provide a lot of practical examples;- I provide a whole picture of the Web3 financial crime;- I provide an analysis of the money laundering risks for the crypto sector and the Web3 metaverse.Last, but not least, I added some written resources in which I go into more detail on the aspects presented in the videos. Make sure to check them, because I am much better at writing therefore you may find them useful. Also, I included a written, editable template for performing a crypto company risk assessment, which is in line with the European Banking Authority’s Guidelines for the crypto sector, issued in January this year. These guidelines will enter into force in December 2024, as part of a bigger package concerning AML and digital assets, and if you want to pursue a career in this field you should study them because they transpose the Financial Action Task Force guidelines and they seem to be trend setters in this sector.I hope you will find the information in this course helpful. Enjoy!PS:Find below my qualifications relevant for this field:Certificate:  AML Foundations for Cryptoasset and Blockchain - issued by ACAMS, February 2024Course: AML risk assessment – ​​ methodology - issued by the Romanian Banking Institute, April 2023Course: KYC, AML/CFT and anti-fraud: strategy and planning - issued by the Romanian Banking Institute, October 2021Graduation of  The National Institute for professional training and improvement of lawyers of Romania - 2018 Member of the Romanian Bucharest Bar - 2016Master's degree in Business law - Law School, University of Bucharest, 2015 - 2016Bachelor's degree in law - Law School, University of Bucharest, 2011 - 2015

Overview

Section 1: Introduction

Lecture 1 Introduction

Section 2: The phases of the Internet

Lecture 2 Web1

Lecture 3 Web2

Lecture 4 Web3

Lecture 5 Web4

Section 3: Web3-empowered metaverse

Lecture 6 What is the Web3-empowered metaverse?

Section 4: Web3 Metaverse economy

Lecture 7 Introduction

Lecture 8 Blockchain - introduction

Lecture 9 Blockchain – Consensus mechanism

Lecture 10 Blockchain – Transactions and bookkeeping

Lecture 11 Blockchain – The Unspent Transaction Output (UTXO) Model

Lecture 12 Blockchain – The Account-based Model

Lecture 13 Smart contracts – general

Lecture 14 Smart contracts – mechanism

Lecture 15 Smart contracts – applications

Lecture 16 Crypto assets - introduction

Lecture 17 Crypto assets - Cryptocurrency definition

Lecture 18 Crypto assets - Cryptocurrency use cases

Lecture 19 Crypto assets – Tokens: definition

Lecture 20 Crypto assets – Tokens: use cases

Lecture 21 Metaverse economy – Applications: Games

Lecture 22 Metaverse economy – Applications: Virtual worlds

Lecture 23 Metaverse economy – Applications: Social

Lecture 24 Metaverse economy – Applications: Decentralized Autonomous Organizations (DAOs)

Lecture 25 Metaverse economy – Applications: Introduction to Decentralized Finance (DeFi)

Lecture 26 Metaverse economy – DeFi use cases: Open lending platforms

Lecture 27 Metaverse economy – DeFi use cases: Stablecoins

Lecture 28 Metaverse economy – DeFi use cases: Decentralized insurance

Lecture 29 Metaverse economy – DeFi use cases: Synthetic Asset Issuance

Lecture 30 Metaverse economy – DeFi use cases: DEXs and CEXs

Lecture 31 Metaverse economy – DeFi use cases: Yield farming

Lecture 32 Metaverse economy – DeFi use cases: Crypto staking

Lecture 33 Metaverse economy – DeFi use cases: Cross-chain bridges

Section 5: Web3 Metaverse financial crime

Lecture 34 Web3 Metaverse financial crime - intro

Lecture 35 Web3 Metaverse financial crime – Financial fraud

Lecture 36 Web3 Metaverse financial crime – Phishing

Lecture 37 Web3 Metaverse financial crime – Money laundering and tax crime

Lecture 38 Web3 Metaverse financial crime – Wash Trading

Lecture 39 Web3 Metaverse financial crime – Scams

Section 6: Crypto laundering

Lecture 40 Money laundering general definition

Lecture 41 Case study: Crypto laundering by the Ragnar Locker ransomware gang

Section 7: Crypto AML Risk Assessment

Lecture 42 The AML risk assessment – introduction

Lecture 43 The AML risk assessment – Steps

Section 8: Money laundering risks specific to the crypto sector and the Web3 Metaverse

Lecture 44 Introduction

Lecture 45 Cryptoasset exchanges

Lecture 46 Mixers

Lecture 47 DeFi: DEXs, DeFi mixers and cross-chain bridges

Lecture 48 Privacy coins

Lecture 49 NFTs

Lecture 50 Laundering in the Web3 Metaverse

Lecture 51 Dark markets risk

Lecture 52 Addressing the risks

Section 9: Final remarks

Lecture 53 Final remarks

People interested in Web3, the metaverse, cryptoassets and blockchain technology & anti-money laundering regulations