VANCOUVER, British Columbia, March 27, 2023 (GLOBE NEWSWIRE) — BIGG Digital Assets Inc. (“BIGG” or the “Company”) (CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W) subsidiary Blockchain Intelligence Group, a global leader in cryptocurrency and blockchain investigative technology supporting law enforcement agencies, received the 2022 Homeland Security Investigations (HSI) Private Sector Partnership Award at the 6th annual HSI New York Awards ceremony held Friday at John Jay College of Criminal Justice in New York City.
During the annual awards ceremony, acts of bravery and service, investigative achievements and partnerships with law enforcement agencies throughout the New York City area and internationally were recognized by HSI New York leadership.
Blockchain Intelligence Group CEO Lance Morginn attended the ceremony to accept the award presented by HSI NY Special Agent in Charge Ivan J. Arvelo. In attendance were agency heads from a number of federal, state and local law enforcement agencies, and the keynote address was delivered by former US Congressman Peter King, former chairman of the Homeland Security Committee.
Blockchain Intelligence Group and its employees assisting HSI New York were the recipients of the HSI Private Sector Partnership Award.
The award was presented to the Blockchain Intelligence Group for significant cooperation with HSI and other law enforcement agencies that resulted in the first federal arrests related to a non-fungible token (NFT) rugpull scam and preventing more victims from being defrauded according to Assistant Special Agent Thomas Acocella who introduced the award to the guests present.
“When our team identified suspicious behavior across social media channels related to what appeared to be an apparent rug pull involving Frostie’s NFT, we not only notified the police, but we placed our investigative tool, QLUE™, in their hands without hesitation,” said Morginn, who traveled to New York to accept the award and meet with the area’s law enforcement community. “Cryptocurrency and NFT money laundering investigations present unique challenges for law enforcement, and with QLUE™, as demonstrated in the Frosties investigation, investigators quickly traced and tracked the flow of money as well as NFT on one graph, a first for digital development. asset investigation industry.”
Last June, Blockchain Intelligence Group launched NFT Explorer, a graphical analysis tool that tracks an NFT from the point of theft to subsequent sale and liquidation of the proceeds on a single graph. NFT Explorer, part of the QLUE™ investigative suite, solved this significant challenge faced by law enforcement and cryptocurrency money laundering investigators.
Along with NFT Explorer, the QLUE™ suite of investigative resources covers 13 of the most widely used cryptocurrency blockchains used by money launderers and cybercriminals, including Bitcoin, Dash and TRON, and over 700,000 tokens and NFTs on the Ethereum blockchain.
Morginn praised the entire Blockchain Intelligence Team for building QLUE™, an affordable and easy-to-use tool that helps law enforcement agencies around the world easily and quickly track and trace the flow of crypto-funds and NFTs.
For the latest on Blockchain Intelligence Group and QLUE™, please visit website or follow along LinkedIn and Twitter.
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 on 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 there is no guarantee 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 that 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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