Format: On-demand
Cryptocurrency has a unique place in the financial world. Since crypto arrived on the global stage with the launch of Bitcoin in 2009, it has become an almost inescapable phenomenon. Crypto has also enabled some of the largest and most notorious frauds in its comparatively short time as an alternative to the traditional financial system. As crypto matures and cements its position, fraud examiners must be aware of the basic elements of cryptocurrencies and how cryptocurrency frauds are perpetrated. This course will attempt to demystify some of the most infamous cryptocurrency frauds and connect the dots between financial fraud as we have always known it and the new era of digital assets.
This course will cover the basics of cryptocurrencies, the blockchains that host them, and other forms of digital assets. With the basics down, learners will walk through some of the largest crypto frauds in history. This course will focus not only on the frauds that caused the most damage, but also frauds unique to the world of digital assets.
Learning Objectives
You will learn how to:
- Compare different types of digital assets, including cryptocurrencies and tokens.
- Identify the major parties involved in infamous crypto frauds and the methods they used to perpetrate their fraud.
- Relate cryptocurrency frauds to traditional financial industry fraud schemes.
- Recall the process by which to conduct effective vendor audits.