What You Need To Know About Crypto Market Manipulation

Mar 19, 2024

Ask episode

Chapters

Transcript

Episode notes

With Bitcoin reaching all-time highs we thought it would be best for us to revisit one of our most downloaded episodes on Public Key discussing Crypto Market Manipulation, with former Flashpoint founder, Evan Kohlmann and Ian Andrews (CMO, Chainalysis). Evan is now the Founder and CEO of Cloudburst Technologies, a company tasked with scraping the dark web to identify potential pump and dump schemes and the associated illicit actors.

In the episode recorded in February 2023, Evan explains the nuances of these targeted market manipulation attacks, who the orchestrators are, and the countries being targeted. He explains how his team’s technology can gather KYC information and shed some light on the extent these schemes have on the total illicit activity in the industry.

Evan even records an update to this episode highlighting the sudden rise of crypto prices, what are the biggest market manipulation concerns for 2024 and new data that his team is seeing that the general public should be aware of.

Minute-by-minute episode breakdown

(2:27) – Understanding market manipulation in the crypto world and what Cloudburst Technologies is doing about it
(4:35) – How to identify the illicit actors on dark web forums attempting to manipulate the markets
(12:30) – How Evan got the name “The Terrorist Search Engine” and how he helped build up leading dark web intelligence firm, Flashpoint
(15:21) – How millions of people in dark web forums and Telegram are organizing themselves to pump certain tokens 50% up to 500%
(20:49) – Applying Cloudburst technology to traditional commodity markets and large market cap tokens
(28:00) – Are illicit actors targeting decentralized exchanges and protocols or just centralized exchanges
(30:05) - How Cloudburst is able to identify KYC on illicit actors across the dark web using OSINT
(33:25) - Where are illicit actors operating and the biggest market manipulation concerns for 2024

Related resources

Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key.

Speakers on today’s episode

Ian Andrews * Host * (Chief Marketing Officer, Chainalysis)
Evan Kohlmann (Founder and CEO, Cloudburst Technologies)

This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein.

Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material.

Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.

Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.