Question 1

Which of the following are red flag indicators specifically related to anonymity? (Select Two.)

Options :

A : Use of decentralized or hardware wallets to transport cryptoassets across borders

B : Users utilizing mixing services

C : Use of privacy-orientated email services

D : Use of cryptoassets that are linked to fraudulent schemes

E : Users exhibiting unusual sign-on activity

Answer: A,B

Question 2

What is the intention of the Financial Action Task Force's (FATF's) Travel Rule?

Options :

A : To enhance customer due diligence (CDD) procedures to ensure high quality data

B : To slow down cryptoasset transactions to allow law enforcement to intervene

C : To mitigate money laundering and terrorist financing (ML/TF) risk by increasing the ability to follow funds via different financial institutions

Answer: C

Question 3

What is indirect exposure in regards to blockchain analytics transaction monitoring?

Options :

A : The cryptoassets are absolutely linked to a specific user and identity on the blockchain.

B : The cryptoassets have a connection to risky activity via another crypto address or addresses.

C : The cryptoassets went through a mixing protocol to conceal source of funds.

D : The fiat currency is not immediately linked to a known bank account.

Answer: B

Question 4

Which risk category best reflects the risks associated with payment methods (e.g., cash, wires, credit cards, virtual assets)?

Options :

A : Geographical

B : Customers

C : New technologies

D : Products and services

Answer: D

Question 5

In the context of forensic cryptocurrency investigations, which statement best describes how attribution data are collected?

Options :

A : Taken from business-maintained records.

B : Derived from public and non-public sources.

C : Gathered from a publicly available blockchain.

D : Obtained automatically from the darknet.

Answer: B

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