Siren’s Role in Combating Transnational Crypto Crime on Public Key Podcast

In
the
latest
episode
of
the
Public
Key
podcast,
John
Randles,
CEO
of
Siren,
joins
Chainalysis’s
CMO
Ian
Andrews
to
discuss
how
Siren’s
investigative
platform
is
revolutionizing
the
fight
against
transnational
crypto
crime,
according
to

Chainalysis.

Unifying
the
Digital
Battlefield

The
conversation
delves
into
the
challenges
faced
by
law
enforcement
due
to
outdated
technology
stacks,
which
hinder
their
ability
to
investigate
sophisticated
transnational
crime
organizations.
Randles
explains
how
Siren’s
platform
unifies
multiple
data
sources,
including
blockchain
and
social
media,
to
streamline
complex
investigations.
He
highlights
the
importance
of
having
state-of-the-art
tools
to
keep
pace
with
the
evolving
nature
of
global
crime.

Key
Insights
from
the
Episode

Randles
emphasizes
the
escalating
complexity
of
criminal
investigations
and
the
need
for
advanced
tools.
He
shares
that
92%
of
law
enforcement
analysts
are
dissatisfied
with
their
current
tech,
which
can
take
up
to
18
months
to
train
new
recruits.
Siren
aims
to
alleviate
these
issues
by
providing
a
comprehensive
investigative
platform
that
integrates
various
data
sources
seamlessly.

Randles
also
discusses
the
significant
technological
shift
in
criminal
investigations,
noting,
“The
sophistication
in
the
criminal
world
at
hiding
their
fingerprints
across
the
digital
footprint
is
incredibly
sophisticated
now
as
well.”

Minute-by-Minute
Breakdown

• 2:
  Introduction
  to
  Siren
  and
  improving
  the
  law
  enforcement
  analyst
  experience
• 6:
  Challenges
  in
  modern
  police
  investigations
  with
  the
  rise
  of
  social
  and
  crypto
• 13:
  Building
  a
  tech
  company
  in
  Galway,
  Ireland,
  and
  attracting
  VC
  funding
• 18:
  Data
  processing
  challenges
  faced
  by
  law
  enforcement
• 22:
  Utilizing
  AI
  to
  assist
  in
  explaining
  knowledge
  graphs
  to
  law
  enforcement
• 26:
  Understanding
  policing
  intelligence
  from
  strategic
  to
  tactical
• 29:
  Evolution
  of
  criminal
  activity
  over
  the
  last
  decade
• 33:
  Future
  of
  Siren
  and
  the
  evolution
  of
  AI
  and
  data

Related
Resources

Chainalysis
provides
additional
resources
that
complement
this
episode
of
the
Public
Key
podcast,
offering
further
insights
into
the
tools
and
strategies
used
in
combating
transnational
crypto
crime.

Conclusion

The
episode
underscores
the
critical
role
of
advanced
investigative
platforms
like
Siren
in
modern
law
enforcement.
By
integrating
various
data
sources
and
employing
AI,
Siren
enhances
the
capability
of
law
enforcement
to
tackle
increasingly
sophisticated
criminal
activities.
As
transnational
crime
continues
to
evolve,
platforms
like
Siren
will
be
indispensable
in
unifying
the
digital
battlefield.

Image
source:
Shutterstock