RATE Group | Analytics Firm Training Students to Detect Cryptocurrency Scams
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Analytics Firm Training Students to Detect Cryptocurrency Scams

Analytics Firm Training Students to Detect Cryptocurrency Scams

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Cryptocurrency analytics firm CipherTrace has launched “Defenders League,” a program designed to provide students with the training and tools necessary to investigate crypto-related scams. 

On Jan. 13 CipherTrace announced partnerships with the Middlebury Institute of International Studies at Monterey, Middlesex University London, and the Blockchain Acceleration Foundation (BAF). The Defenders League will initially consist of graduate students from Middlebury and Middlesex, along with BAF students at nine universities located across California.

CipherTrace’s chief financial analyst, John Jeffereies, told Cointelegraph that the Defenders League’s objective is to make the crypto economy safer for consumers and investors.

CipherTrace reported that the cost of thefts, scams and fraud has already reached over $4 billion by the end of Q3 2019, emphasizing the urgent need for proper solutions to be brought to market to combat crypto crime and protect individual investors. Jefferies…

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