Blockchain Asset Recovery Firm PrudenSolve Joins Coinfirm’s AMLT Token Network

To help fight crypto scams Blockchain Asset Recovery firm PrudenSolve joins Coinfirm’sAMLT Token Network

One of the first companies focused on the recovery of blockchain assets, PrudenSolve has been helping address a serious issue in the cryptocurrency space as seen recently with the Quadriga controversy among others. The problem though affects countless individuals and companies and stands as one of the key issues related to the lack of widespread adoption of cryptocurrencies. For many a lack of knowledge and skills on the part of the user, as well as irregularities lying on the technological side stand as the reasons for the loss of access to funds. With that said a very large number of reports PrudenSolve receives is related to nefarious activities that are extremely difficult to solve due to their specificity and the circumstances in which they occur.

For Coinfirm, the leading RegTech company focused on blockchain and cryptocurrencies, Prudensolve marks another synergistic Member added to Coinfirm’s AMLT Network

What seems to be one of the first if not the first company providing asset recovery services exclusively focused on blockchain and cryptocurrency, Prudensolve will start off their collaboration with the AMLT Network by submitting data it has collected on nefarious action related addresses in the past. After initial data submission of past cases, PrudenSolve will have an ongoing program that submits relevant data into the Network via API. For each submission deemed valid by the AMLT and Coinfirm data science team, PrudenSolve will receive AMLT tokens as a reward in return that they will then use for payment for Coinfirm’s tools that PrudenSolve will use to better investigate lost blockchain assets.

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