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HomeCryptocurrencyKraken Donates $100,000 to Anti-Human Trafficking Intelligence Initiative

Kraken Donates $100,000 to Anti-Human Trafficking Intelligence Initiative

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Kraken is proud to announce that it has turn into a Diamond Sponsor of the Anti-Human Trafficking Intelligence Initiative (ATII), a U.S.-based nonprofit that harnesses intelligence to assist monetary establishments, expertise corporations and cryptocurrency exchanges fight human trafficking and baby exploitation. 
“Kraken’s partnership with ATII will present us with actionable information on illicit darkish net use so our compliance staff can higher detect and reply to potential prison exercise,” mentioned Ian Mynot, Senior FIU Supervisor at Kraken. “Kraken’s mission has been to speed up the adoption of digital belongings globally by providing a secure and safe route for shoppers to entry with certainty and confidence. Cryptocurrencies have by no means been a secure haven for criminals and thru this partnership, we’re taking a proactive step to make sure that digital belongings traded on Kraken are usually not used to facilitate human trafficking and baby exploitation.”
“The Anti-Human Trafficking Intelligence Initiative is honored to have Kraken as a proper sponsor and company associate within the struggle towards trendy slavery,” mentioned Aaron Kahler, ATII Founder & Chief Govt. “ATII is grateful to have the ability to leverage Kraken’s experience and business relationships throughout the crypto and finance world in our efforts to disrupt the operations, economics, and anonymity of human trafficking on the supply.” 
There are an estimated 40.3 million victims of contemporary slavery world wide, the bulk being girls and ladies. One in 4 individuals compelled into slavery are kids. 
ATII is solely centered on figuring out the proceeds of human trafficking, monitoring them by way of the monetary system and notifying related events to allow them to take motion. By working with a spread of companions, ATII hopes to finish the commerce of human beings for good. Kraken’s donation will allow ATII to proceed offering monetary establishments with the coaching and instruments wanted to stop using digital belongings in human trafficking. 
By partnering with ATII, we’re furthering our mission to create an inclusive, clear and trustless monetary system by way of the adoption of cryptocurrency. Along with our $100,000 donation, we are going to use our shared experience in investigations and blockchain expertise to assist ATII strengthen its digital monetary crime prevention efforts and bolster Kraken’s proactive investigations technique.
Kraken’s partnership with ATII showcases our ongoing dedication to a excessive stage of company social duty and highlights how Kraken’s platform stays off-limits to dangerous actors. We hope this may encourage different crypto corporations to comply with our instance.
In the event you’re engaged on a mission that’s driving innovation within the crypto business, right here’s how one can apply for a grant from Kraken.
Be a part of us in our efforts to stop using digital belongings in human trafficking.
 

 

These supplies are for basic info functions solely and are usually not funding recommendation or a suggestion or solicitation to purchase, promote or maintain any digital asset or to interact in any particular buying and selling technique. Some crypto merchandise and markets are unregulated, and also you might not be protected by authorities compensation and/or regulatory safety schemes. The unpredictable nature of the cryptoasset markets can result in lack of funds. Tax could also be payable on any return and/or on any enhance within the worth of your cryptoassets and you need to search unbiased recommendation in your taxation place.
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