Crypto-Assets & Crime

Crypto-Assets & Crime

Exploiting Opportunities and Exercising Control in Fraud, Ransomware Attacks, and Money Laundering

von Kerime Toprak

This book examines the rise of fraud, ransomware attacks, and money laundering within the crypto-asset ecosystem. It introduces the innovative “Control-Opportunity Nexus” (CON) framework to explain how criminals exploit technological opportunities when regulatory and governance controls are weak.

Drawing on 15 expert interviews and analysis of international policy documents and private sector reports, the volume explores why crypto-asset exchanges and related platforms have become crime promoters. It highlights the systemic gaps that allow crime promoters to thrive and offers practical strategies for rebalancing control through improved governance, legal adaptation, and global cooperation.

Representing a unique contribution to criminological theory and cyber and economic crime research, this book will be of interest to scholars, policymakers, financial regulators, and practitioners seeking to understand and mitigate risks in digital financial ecosystems.

This book examines the rise of fraud, ransomware attacks, and money laundering within the crypto-asset ecosystem. It introduces the innovative “Control-Opportunity Nexus” (CON) framework to explain how criminals exploit technological opportunities when regulatory and governance controls are weak.

Drawing on 15 expert interviews and analysis of international policy documents and private sector reports, the volume explores why crypto-asset exchanges and related platforms have become crime promoters. It highlights the systemic gaps that allow crime promoters to thrive and offers practical strategies for rebalancing control through improved governance, legal adaptation, and global cooperation.

Representing a unique contribution to criminological theory and cyber and economic crime research, this book will be of interest to scholars, policymakers, financial regulators, and practitioners seeking to understand and mitigate risks in digital financial ecosystems.

Highlights

• Introduces a Control-Opportunity Nexus showing how crypto control gaps create new crime opportunities Holistically analyses financial fraud, ransomware, and money laundering, showing how they exploit the same loopholes Offers governance strategies based on 15 expert interviews and comprehensive analysis of global policy documents

Über den Autor

Dr. Kerime Toprak is a lawyer and criminologist specialising in the intersection of economic crime, crypto-assets, and regulatory governance. She holds a PhD in Criminology from Swansea University, where her research investigated crypto-assets, fraud, ransomware, and money laundering. A qualified lawyer in Türkiye, Dr. Toprak earned her LL.B. from İ.D. Bilkent University and Master degree from Ibn Khaldun University. Her professional background combines legal practice at Mustafa Tırtır Law Firm in Istanbul with academic experience as a Senior Teaching Assistant at Swansea University, where she delivered modules on criminal justice and media criminology. She has published on the legal dimensions of ransomware and holds advanced certifications in crypto-asset analysis, OSINT, digital economy.