Lessons from the Bitfinex Hack and Mars Stealer Malware Threats, Justin Choo, Cabital

How to Launder Billions in Bitcoin and Hide in Plain Sight - Lessons from the Bitfinex Hack and Mars Stealer Malware Threats

Justin Choo - Cabital

Justin currently heads the global Compliance function at Cabital, a global cryptocurrency company based in Singapore with business presence in Lithuania, Malaysia and China. He is responsible for global licensing and Compliance risk management initiatives for the company’s cryptocurrency business, and is the point of contact for Compliance matters for the company’s banking partners and venture capital investors.A seasoned Compliance professional with global experience in the crypto, fintech and banking industry, Justin has led successful fintech licensing and registration initiatives in Singapore (Payment Services License) and the European Union.

Having held regional Compliance leadership roles in leading fintech firms YouTrip and Airwallex, as well as previously heading the Global AML/CFT Policy & Governance function at United Overseas Bank (UOB), Justin is familiar and conversant with the regulatory requirements on AML/CFT/Sanctions in the APAC region (Singapore, Malaysia, Hong Kong, Australia), as well as various financial crime risk management technology solutions.He has, over the years, had regular engagements with regulators, particularly on new Compliance initiatives. 

Being one of the first payment services companies licensed under the Payment Services Act, Justin was (when at YouTrip) consulted by the Monetary Authority of Singapore (MAS) extensively  on key areas of risks that the new law should address when regulating fintech companies. As the lead policymaker for the UOB Group, he represented the bank in the National KYC Utility Project, which was initiated and sponsored by the MAS to align the AML/CFT Compliance policies and workstreams amongst the major banks in Singapore.

Jamil Hasan is a crypto and blockchain focused podcast host at the Irish Tech News and spearheads our weekend content “The Crypto Corner” where he interviews founders, entrepreneurs and global thought leaders.

Prior to his endeavors into the crypto-verse in July 2017, Jamil built an impressive career as a data, operations, financial, technology and business analyst and manager in Corporate America, including twelve years at American International Group and its related companies.

Since entering the crypto universe, Jamil has been an advisor, entrepreneur, investor and author. His books “Blockchain Ethics: A Bridge to Abundance” (2018) and “Re-Generation X” (2020) not only discuss the benefits of blockchain technology, but also capture Jamil’s experience on how he has transitioned from being a loyal yet downsized former corporate employee to a self sovereign individual.

With over one hundred podcasts under his belt since he joined our team in February 2021, and with four years of experience both managing his own crypto portfolio and providing crypto guidance and counsel to select clients, Jamil continues to seek opportunities to help others navigate this still nascent industry.

Jamil’s primary focus outside of podcast hosting is helping former corporate employees gain the necessary skills and vision to build their own crypto portfolios and create wealth for the long-term.