CoinFlip, a number one monetary companies platform targeted on the digital economic system, formally introduced right this moment its partnership with the Anti-Human Trafficking Intelligence Initiative’s (ATII) Cryptocurrency Consortium (ATCC) to fight and lift consciousness round human trafficking.
The corporate is a Silver-level Sponsor and can have entry to ATII’s Hades darkweb intelligence platform to assist fight human trafficking. Hades is a collaborative platform that enables monetary establishments, companies and legislation enforcement to share data for proactive investigations with out accessing the darkish internet straight.
“As a number one cryptocurrency supplier, we’re dedicated to aiding ATCC of their battle in opposition to human trafficking by monitoring those that search to make use of Bitcoin and different cryptocurrencies for felony conduct,”
mentioned Ben Weiss, CEO and Co-Founding father of CoinFlip.
“We make it our precedence to work diligently to maintain this business safe and compliant.”
Human trafficking is a worldwide concern, however its scale and prevalence in America is commonly overshadowed. Though many human trafficking incidences go unreported, making it tough to web site correct statistics, the ATCC makes use of publicized numbers to emphasise that human trafficking is a profitable business that, across the globe, rakes in $150 billion yearly – with roughly 300,000 kids in danger every year. Working with the ATCC is essential in order that CoinFlip may also help decrease the opportunity of cryptocurrency transactions contributing to these statistics.
“The ATCC is honored to work with CoinFlip to proceed driving consciousness, correct dialogue, the sharing of knowledge and reporting exercise to assist fight human trafficking by way of their extensive community of relationships throughout the cryptocurrency business,”
mentioned Aaron Kahler, Founder and Chief Govt at ATII.
“CoinFlip has pioneered many firsts within the crypto group, and we consider the corporate will probably be a robust associate in bolstering our efforts to place an finish to trafficking worldwide.”
This sponsorship highlights CoinFlip’s core values of specializing in social good, company duty, and compliance. Because it grows its enterprise and expands its attain, CoinFlip will proceed to drive relationships, just like the one with ATCC, that serve to raise and propel the cryptocurrency group in the direction of constructive change.
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