Blockchain Intelligence Group Announces Growth Milestones
Crypto research and education leader expands customer ecosystem, offerings and employee base towards 2023
VANCOUVER, British Columbia, Jan. 31, 2023 (GLOBE NEWSWIRE) — Blockchain Intelligence Groupthe leader in blockchain research and education, owned by BIGG Digital Assets, Inc. (“BIGG”) (CSE: BIG, OTCQX: BBKCF, WKN: A2PS9W), announces that it has achieved significant company and industry milestones in global crypto research. It added new customers, including enabling real-time clearing and Embedded Banking for financial institutions ClearBank Ltd.additional blockchain support and new management hires.
“Rising security concerns, fraud and other nefarious activity have driven demand for tools and training for crypto investigations,” said Lance Morginn, president of Blockchain Intelligence Group. “By equipping the investigative community with comprehensive tools coupled with education, we can ensure continued trust and adoption in crypto and blockchain. The Blockchain Intelligence Group is poised to build on this progress and act as a resource as the industry matures, and it will more.”
Global investigative contributions: Notable research leveraged Blockchain Intelligence Group’s QLUE™ globally and helped win two major court cases, resulting in tens of millions of dollars in assets recovered for customers in Europe and Africa. In fact, in South Africa the solution helped set the case law for the seizure of crypto assets. The court used QLUE™ evidence to issue preservation orders proving that crypto assets belonged to the defendants.
In Norway, an independent investigator, Adcudo, used QLUE™ to uncover 220 Bitcoin and a mix of altcoins kept in cold storage for half a decade – claimed to have been lost. At its highest valuation in November 2021, a few months before the court date, the combined value of the cryptocurrencies passed 15 million dollars, making this the largest cryptocurrency case measured in monetary value to ever reach the courts in Norway.
The Adcudo consultant and expert witness for the case stated: “QLUE made it possible to uncover the pattern of transactions that made the case, and to create a visual presentation to the court that was essential to relay this important information.”
Major client gains and additional blockchain support: Blockchain Intelligence Group is pleased to sign notable clients in the areas of finance, investigations and law enforcement, including financial innovators ClearBankdozens of federal, state/provincial and local law enforcement and prosecutorial offices in the United States and internationally.
“ClearBank is thrilled to announce Blockchain Intelligence Group as our provider to mitigate crypto risk for our clients using Entity Explorer and BitRank Verified,” said Farhad Chowdhury, head of financial crime at ClearBank. “Blockchain Intelligence Group is the ideal partner. The support of their team is outstanding and we are closely aligned with our mission to provide safe and secure banking services to the cryptocurrency world.”
The company has also added several independent investigators as clients, such as Guideposts Solutions, a global leader in compliance, investigations and security consulting. Guidepost added QLUE™ to its digital asset tracking toolbox.
Blockchain Intelligence Group added support for new blockchains in 2022, including Cardano, Stacks, Doge, Monero, Zcash and more. By expanding its ecosystem of supported blockchains, Blockchain Intelligence Group is able to better serve its investigators in their efforts to follow transactions wherever they may lead.
Most recently, the company launched TRON (TRX) in QLUE™, and now supports 15 blockchains. The company has risk-scored more than 13.7 billion addresses and transactions covering approximately 500,000 tokens, digital assets and NFTs.
Blockchain Intelligence Group became the first blockchain analytics company to fully support NFTs. NFT Explorer enables investigators to fully search the trading and ownership history of NFTs on Ethereum.
New management: Blockchain Intelligence Group recently added new expertise to provide additional regulatory and compliance expertise with the hiring of Timothy Cradle as Director of Regulatory Affairs. Cradle has nearly fifteen years of experience as a financial crime compliance officer with a background in the payments, banking, cryptocurrency, data and network security industries. He previously served as Chief Compliance Officer at Baanx Group Ltd. and held several compliance roles during his time at Celsius Network from 2019 to 2021, adding to his wealth of prior compliance experience.
“I am ready to help drive Blockchain Intelligence Group’s mission to be the largest crypto investigative and training company serving global and financial institutions, law enforcement, cryptocurrency companies and financial investigators,” Cradle said. “This expertise will be particularly important as regulatory requirements develop.”
Learn more about blockchain research and training at
On behalf of the board
Mark Binns
CEO
Investor Relations
Victoria Rutherford
T: 1.480.625.5772
For media inquiries
Maija McManus
Red Lorry Yellow Lorry for Blockchain Intelligence Group
T: + 1 857 217 2925
About BIGG Digital Assets Inc.
BIGG Digital Assets Inc. (BIGG) believes the future of crypto is a safe, compliant and regulated environment. BIGG invests in products and companies to support this vision. BIGG has three portfolio companies: Netcoins (netcoins.ca), Blockchain Intelligence Group (blockchaingroup.io) and TerraZero (terrazero.com).
Blockchain Intelligence Group is the crypto investigation and training company. Founded in 2015, the company helped invent the Blockchain Analytics category. Our flagship QLUE™ software helps win lawsuits and recover digital assets. AML, independent and law enforcement investigators rely on the company’s toolset to track nefarious activity and de-risk digital asset transactions. The Certified Cryptocurrency Investigator (CCI) course is approved by the US government and used by top law enforcement and Fortune 500 banks.
Online coins develops brokerage and exchange software to make the buying and selling of cryptocurrency easily accessible to the mass consumer and investor with a focus on compliance and security. Netcoins uses BitRank Verified® software at the heart of the platform and facilitates crypto trading via a self-service crypto broker portal at Netcoins.app.
TerraZero is a vertically integrated Metaverse development group and leading Web 3.0 technology company specializing in the Metaverse space. The company’s Metaverse agnostic vision is to develop, acquire and finance the Metaverse’s most promising companies, entrepreneurs and developers. TerraZero also owns digital real estate and offers offices and services to those interested in the Metaverse. BIGG owns ~30% of TerraZero.
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Forward-looking statements:
Certain statements in this release are forward-looking statements, which include the completion of the search technology software and other matters. Forward-looking statements consist of statements that are not purely historical, including statements of beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forward-looking words such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. Readers are cautioned not to place undue reliance on forward-looking statements, as no assurance can be given that the plans, intentions or expectations on which they are based will occur. By their nature, forward-looking statements involve a number of assumptions, known and unknown risks and uncertainties, both general and specific, which contribute to the possibility that predictions, estimates, forecasts, projections and other forward-looking statements will not occur. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and the capital markets in particular, and other factors, many of which are beyond BIGG’s control. Forward-looking statements in this press release are expressly qualified by this cautionary statement. Undue reliance should not be placed on forward-looking information because BIGG cannot give any guarantee that it will prove to be correct. Important factors that could cause actual results to differ materially from BIGG’s expectations include consumer sentiment towards BIGG’s products and Blockchain technology in general, technology failure, competition and failure of counterparties to fulfill their contractual obligations.
The forward-looking statements in this press release are made as of the date of this press release. Except as required by law, BIGG disclaims any intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In addition, BIGG undertakes no obligation to comment on the expectations of, or statements from, third parties in relation to the matters discussed above.
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