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Mintable has recently developed an innovative NFT that has been used by investigators to trace millions of stolen cryptocurrencies.  Intelligent Sanctuary, an investigative firm advised by former Met Chief Lord Hogan-Howe, has been granted permission by a Singapore court to issue a global freezing order through the use of NFTs in a lawsuit.  See below for full details. Mintable revolutionises the tracking of millions of stolen cryptocurrencies  As expected, Mintable, a company focused on innovation and expansion in the non-fungible token (NFT) space, has developed a unique NFT designed to facilitate the recovery of millions of dollars in stolen crypto.  This new NFT was created on behalf of Intelligent Sanctuary (iSanctuary), a London-based financial investigative agency that identified, tracked and located millions of stolen cryptocurrencies following a major financial fraud.  The NFT includes a worldwide freezing order (WFO) granted by the Singapore High Court, setting a precedent in the Southeast Asian city-state’s legal system. iSanctuary, which counts former Metropolitan Police Commissioner Lord Hogan-Howe as Chairman of its Advisory Board, is working with Mintable’s B2B services brand, Mintology.app, as part of an ongoing investigation into international financial crime involving the theft of a cryptocurrency key known as a ‘private password’ and the subsequent fraudulent transfer of millions of cryptocurrency coins into private wallets. Lord Hogan-Howe, former Metropolitan Police Commissioner and Chairman of the Smart Sanctuary Advisory Board, said:  “Innovation and ingenuity have long been reliable allies in forensic investigation and recovery, and this is an excellent and exciting example of that. As technology evolves, so do criminal methods, and the pace of technological change is faster than ever.  It is therefore vital that we have people and organisations willing to work together to stay one step ahead and ensure that wrongdoing never pays. Criminals need to get the message loud and…

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Filed under: News - @ October 18, 2023 6:12 am