FraudLens

Cryptocurrency crime has grown rapidly, with an estimated $20 billion involved in thefts, hacks, and scams in 2022 alone. The pseudonymous nature of cryptocurrencies like Bitcoin allows criminals to operate multiple wallets, making tracking transactions across networks extremely challenging. .

FraudLens provides a comprehensive software platform to support end-to-end investigation of cryptocurrency-related crime.The platform leverages state-of-the-art AI and deep learning algorithms to associate and identify criminal transactions more effectively than existing solutions. It also provides a centralised database for law enforcement to consolidate victim complaints and statements, enabling data mining to identify patterns and guide ongoing investigations.

The key objectives for FraudLens are:

1.Developing an AI-based platform capable of tracing and deanonymising cryptocurrency transactions across complex networks.
2.Creating a centralised database for law enforcement to manage cases, victim complaints, and transaction logs, enabling advanced data mining for crime pattern detection.
3.Automating critical investigative and reporting tasks.