CipherBlade, a leading global digital asset investigation agency, has announced the opening of its first office in the Asia Pacific region. The new office, based in Singapore, will serve as a hub for CipherBlade's operations in the region, providing investigative and analytical services to clients and partners.
The decision to open an office in Singapore was driven by the growing demand for CipherBlade's services in the Asia Pacific region, the firm said in a statement over the weekend.
The new office will be led by a highly qualified team of professionals with over a decade of experience in the field of cryptocurrency investigations, and will work closely with clients throughout the region, the announcement said.
The expansion of CipherBlade into the Asia Pacific region is a reflection of the growing importance of blockchain and digital asset investigation in the region.
The rise of cryptocurrencies and blockchain technology in the region has come a surge in illegal activities related to these new digital assets, such as money laundering, fraud, and hacking. As a result, the need for blockchain and digital asset investigation services has grown rapidly in the APAC region in recent years.
CipherBlade works closely with law enforcement, regulators, cryptocurrency exchanges, intelligence communities, and law firms on digital asset investigations. The company's services cover a range of ways to tackle cryptocurrency-related crimes, from basic scam cases to extensive cryptocurrency exchange hacking incidents.
"Singapore is a perfect location for us, with its strong reputation as a financial hub and its commitment to technological innovation," CipherBlade's CEO of Americas, Justin Maile, said.
With the expansion, CipherBlade is also looking to hire more professionals for various positions to support its expanding operations.
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