5 reasons why criminals & terrorists turn to cryptocurrencies With $10 billion worth of cryptocurrency transactions in 2020 1 associated with illicit purposes, it’s crucial to understand the appeal of cryptocurrencies for criminals and terrorists. Cognyte’s unique crypto-intelligence solution leverages analytics to enable security organizations to associate cryptocurrency transactions with the individuals who made them and reveal their identities. To learn more, contact us at https://www.cognyte.com/contact/ Sources: 1. Chainalysis 2021 Cognyte is the global leader in security analytics software that empowers governments and enterprises with Actionable Intelligence for a Safer World. Confidential and proprietary information of Cognyte Software Ltd. © All rights reserved worldwide #1 ANONYMITY A crypto address cannot be linked to the owner’s real identity, enabling them to conduct illicit transactions and remain anonymous #2 NO TRUST REQUIRED No former acquaintance between parties required, enabling trustless trade of illicit goods #3 UNMATCHED ACCESS & SPEED Crypto wallets are easy to use and accessible to all, with cryptocurrencies transferred immediately #4 EASY TO STORE & TRANSFER No physical storage space is required, and no risk of accounts being frozen or seized #5 BORDERLESS GLOBAL TRADE Cryptocurrencies are transferred quickly and easily across international borders