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outdated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
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