Is your cryptocurrency exchange or bank suddenly demanding proof of source of funds? When does this apply, what does "Proof of Source of Funds" mean, and why is a tax report insufficient? This article explains the thresholds, typical pitfalls, and what a forensic proof of source actually achieves.
The German Federal Financial Supervisory Authority (BaFin) has officially warned against blue-invest.org: The operators are offering financial services without authorization, and hundreds of investors have lost money. Anyone who has transferred cryptocurrencies to the platform should secure their records before they are lost. This article explains how forensic blockchain analysis and wallet checks can help now.
