BIG Blockchain Intelligence Group Launches Crypto Fusion Center to Notify and Protect the Market When Thefts Occur

Big Blockchain intelligence group CSE:BIGG
Published on: Feb 19, 2019

Vancouver, British Columbia–(Newsfile Corp. – February 19, 2019) – BIG Blockchain Intelligence Group Inc. (CSE: BIGG) (OTC: BBKCF) (WKN: A2JSKG) (“BIG” or “the Company”), a leading developer and provider of cryptocurrency risk-scoring and data analytics tools, training and investigation services – has launched the Crypto Fusion Center (CFC) to serve as a community resource dedicated to fighting the criminal use of cryptocurrencies. The CFC’s mission is to maintain and promote the legitimacy of cryptocurrencies while protecting the market as a whole by identifying and isolating criminal events as they occur. The CFC is a direct result of BIG’s greater mission of bringing cryptocurrencies mainstream through social responsibility.

With the launch of the Crypto Fusion Center, BIG represents the most comprehensive suite of services in the cryptocurrency security space, from compliance to forensic data analytics, professional investigation services, training, and now community-wide awareness and protection regarding illicit cryptocurrency activities.

The first and most high-profile hack of a cryptocurrency exchange, Mt. Gox, resulted in the loss of $473 million in cryptocurrency market value. Other significant instances of cryptocurrency theft include Coincheck, DAO, Bitfinex, and more recently, the QuadrigaCX scandal, where the founder, supposedly the only person with access to the Canadian exchange’s cold wallets, reportedly died unexpectedly, resulting in loss of access to $190 million worth of cryptocurrencies, though it is now questioned whether the exchange ever had cold wallets in place. All these instances have similarly exposed a major gap in the ability for Law Enforcement, the Financial Sector and Regulators to respond in a timely and coordinated manner, which has undermined the market’s collective ability to track, isolate, and recover stolen funds.

With the launch of the Crypto Fusion Center, entities in all sectors will be able to notify major participating exchanges, financial institutions, and law enforcement agencies in a timely manner when cryptocurrency thefts occur. The Crypto Fusion Center will be the go-to resource for learning exactly which blacklisted addresses to be on the lookout for, which will facilitate preventing would-be hackers from using an unsuspecting exchange to liquidate their proceeds following a successful hack. In turn, the CFC aims to decrease the criminal element’s motivation to hack cryptocurrency exchanges by removing the ability to quickly liquidate their illicit proceeds through other exchanges. The community will be able to defend itself and others through cooperation, communication and collaboration.

BIG’s Director of Forensics and Investigations, Robert Whitaker, led the development of the Crypto Fusion Center. Robert commented: “As a former Supervisory Special Agent with Homeland Security Investigations, I know the effectiveness and reach that can be realized through coordinated effort toward the security and protection of law abiding individuals and entities. That’s why we are extending a standing invitation to cryptocurrency exchanges, law enforcement agencies, financial institutions, regulators, and any other entities to become members of the CFC community. If you want to protect yourself and your colleagues from preventable illicit activities involving cryptocurrency, we look forward to building this community with your support. Together we can stop these attacks before they start or, at the very least, mitigate their impact.”

The Crypto Fusion Center is designed to offer several solutions:

  • A comprehensive Point of Contact database to include exchange compliance officers and International, federal, state and local law enforcement personnel using the CFC’s in-service communication manager, which will not reveal direct contact information.
  • An address alert feed via API that provides real-time blacklist updates for addresses from participating members.
  • Involvement of law enforcement at an early stage in cryptocurrency thefts and hacks.
  • Facilitating much-needed communication worldwide between law enforcement, exchanges, financial institutions and regulatory persons involved in the cryptocurrency space to freeze stolen funds.
  • Easy access to comprehensive tracing software and services offered by BIG Blockchain Intelligence Group.

Entities interested in learning more about the Crypto Fusion Center, or considering participating in the community, can contact BIG’s Director of Forensics and Investigations, Robert Whitaker, by email at [email protected].

In other news, BIG’s proprietary forensic cryptocurrency investigation platform, QLUETM, now provides supports for Ethereum (ETH), and the Company has launched a new website designed to communicate our services in a more cohesive manner and through a style that is unique to BIG’s updated branding. To learn more, visit

On behalf of the Board,

Lance Morginn
Chief Executive Officer

About BIG Blockchain Intelligence Group Inc.

BIG Blockchain Intelligence Group Inc. (BIG) brings security and accountability to the new era of cryptocurrency. BIG has developed from the ground up a Blockchain-agnostic search and analytics engine, QLUETM, enabling Law Enforcement, RegTech, Regulators and Government Agencies to visually trace, track and monitor cryptocurrency transactions at a forensic level. Our commercial product, BitRank Verified®, offers a “risk score” for cryptocurrency, enabling RegTech, banks, ATMs, exchanges, and retailers to meet traditional regulatory/compliance requirements. Our Forensic Services Division brings our team of investigative experts into action for cryptocurrency investigations that require in-depth expertise and experience, either in conjunction with or supplemental to our user-friendly search, risk-scoring and data analytics tools. Based on industry demand, we created our Cryptocurrency Training Academy ( to help Law Enforcement, the Financial Sector and Regulators learn how to bring security and accountability to cryptocurrency; our Cryptocurrency Investigator Certification Course is a one-stop solution to understanding the world of cryptocurrency, how to reduce associated risk, and investigate cryptocurrency crime.

About BitRank Verified®

BIG developed BitRank Verified® to be the industry gold standard in ranking and verifying cryptocurrency transactions. BitRank Verified® offers the financial world a simple risk score, enabling consumer-facing bank tellers, exchanges, eCommerce sites and retailers to know whether a proposed transaction is safe to accept, questionable, or should be denied. BitRank Verified® and its API are custom tailored to provide the RegTech sector with a reliable tool for meeting their regulatory requirements while mitigating the risk of money laundering or other criminal activities.


QLUE™ (Qualitative Law Enforcement Unified Edge) enables Law Enforcement, RegTech, Regulators and Government Agencies to literally “follow the virtual money”. QLUE™ incorporates advanced techniques and unique search algorithms to detect suspicious activity within cryptocurrency transactions (Bitcoin, Ethereum), enabling investigators to quickly and visually trace, track and monitor transactions in their fight against terrorist financing, human trafficking, drug trafficking, weapons trafficking, child pornography, corruption, bribery, money laundering, and other cyber crimes.

About Our Expert Training

We offer custom on-site and 24/7 online training, enabling Law Enforcement, the Financial Sector and Regulators to understand cryptocurrency risk and successfully investigate suspicious activity. Our in-person, on-site training solutions are designed to fit our clients’ scheduling, location and learning needs. Through our online Cryptocurrency Training Academy (, clients can take our Cryptocurrency Investigator Certification Course to earn their Certified Cryptocurrency Investigator credential from BIG to validate their new knowledge.

About Our Forensic Services Division

Our Forensic Services Division provides Law Enforcement, Financial institutions and Regulators with expert support to help trace, track and monitor illicit activity involving cryptocurrencies. Our services range from quick and simple due diligence case reviews, to providing in-depth forensic support for ongoing investigations, and providing expert witness testimony from unbiased third-party investigators.

BIG Investor Relations

Anthony Zelen
D: +1-778-819-8705
email: [email protected]

For more information and to register to BIG’s mailing list, please visit our website at Follow@blocksearch on Twitter. Or visit SEDAR at

Forward-Looking Statements:

Certain statements in this release are forward-looking statements, which include completion of the search technology software and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording 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 can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific that contribute to the possibility that the 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 capital markets in particular, and other factors, many of which are beyond the control of BIG. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Undue reliance should not be placed on the forward-looking information because BIG can give no assurance that they will prove to be correct. Important factors that could cause actual results to differ materially from BIG’s expectations include, consumer sentiment towards BIG’s products and Blockchain technology generally, technology failures, competition, and failure of counterparties to perform their contractual obligations.

The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, BIG disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, BIG undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

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