New findings suggest 7 wallets may have played a major role in UST collapse.
How a bug in the Anchor Protocol allowed a user to earn $800k at the Launch of Luna 2.0.
Analysis
Many crypto investors are wondering whether they should invest in the new Terra Luna, dubbed Luna 2.0. The gigantic collapse of Terra Luna left many wounded on the crypto battlefield, some lost their entire life savings in the South Korean project.
Reviving the project via a hard fork was questioned by key figures in the industry such as the Binance CEO, Changpeng Zhao.
Before diving into Luna 2.0, an investigation was carried out by Nansen, a blockchain analytics platform. Nansen investigated what really happened to Terra Luna and identified just 7 Ethereum wallets that may have triggered the collapse of the Terra Luna network.
The 7 Wallets
Rather than 'an attack' on the network, Nansen's findings suggest 7 wallets capitalized over arbitraged vulnerabilities in the network. The 7 ETH wallets that may have lead to the collapse of Terra Luna according to Nansen are:
Additionally, Nansen investigated social media reports that UST-3pool on Curve, a liquidity pool that allowed swapping UST for USDC / DAI / USDT was drained out of liquidity by a single user, which was the main cause for the de-pegging.
In March 2022, multiple inflows over 60 million UST were seen but had no significant impact on UST peg to the US Dollar.
Luna Foundation Guard Greatest Battle
On 7 May, 21:44 UTC, one of the Luna Foundation Guard (LFG) wallets withdrew approximately 150 million UST from Curve. It was met by 85 million UST inflows from a single address, 0x8d47f08ebc5554504742f547eb721a43d4947d0a (EIP 1559 User).
The address was created prior to the 85 million UST transaction and only used in Curve for swapping UST for USDC as well as for the receipt of and subsequent transfer of the USDC to the exchange, Coinbase.
4 wallets (one is related to Celsius) followed the address above with inflows of approximately 150 million UST to Curve. LFG wallets countered the transactions with withdrawals of 189.6 million UST. The battle between inflows and outflows continued until the morning of 8 May.
The top 18 wallets by net flows over 7 May and 8 May were responsible for 77% of UST inflows to Curve. Nansen marked these wallets:
These 4 addresses are behind the largest inflows to Curve using 1inch DEX Aggregator:
0x6b3d1a37b5c01901341f01f4975d31bc5e6c3d81 (masknft.eth) 0x4f5f3d3f8eb2896e0e865cde934fe5103f979771 (Heavy Dex Trader, NFT Collector) 0x1df8ea15bb725e110118f031e8e71b91abaa2a06 (hs0327.eth) 0x66b870ddf78c975af5cd8edc6de25eca81791de1 (Oapital, also interacted with Curve directly)
Later on, address 0x99fd1378ca799ed6772fe7bcdc9b30b389518962, which is associated with Hodlnaut joined the above addresses in what Nansen refers to as 'early followers'.
The Wormhole Bridge
The investigation then continued to the interaction between Terra Luna and Wormhole bridge. Between 7 May to 10 May, approximately 347 million UST were withdrawn from Anchor in 8 transactions.
The top 20 wallets withdrew 2 billion UST from anchor via 5,051 transactions. The addresses that were flagged by Nansen commenced their withdrawal in April 2022.
Address terra1vca36gazapns38mvupa2pfjz0g39ekdgk0wnea (ETH address 0x41339d9825963515e5705df8d3b0ea98105ebb1c, labeled as Smart LP: 0x413) made the most UST withdrawals from Anchor between 1 April and 6 May.
The above wallets had the greatest volume from the Anchor Protocol during UST de-pegging from USD between 7 May to 10 May, which was approximately 420 million UST in 15 transactions.
UST to Ethereum
Crossing the above wallets with bridging UST from Terra ecosystem to Ethereum, the two addresses above were the top addresses that bridged using the Wormhole.
Nansen discovered an uptick in UST tokens in Wormhole, which began on 5 May.
Moreover, data revealed significant activity in Terra to Ethereum during the de-peg. Large amounts of UST were bridged to Ethereum, which can be seen in the chart below:
Between 5 May to 8 May, 984 unique addresses were very active. The top 10 addresses accounted for 57% of UST transfers. Nansen suggests that rather than a single 'attacker' on the network, 7 wallets may have strived to capitalize on Curve's liquidity, which was insufficient.
Significant selling pressure was placed on centralized exchanges, such as Binance and FTX. Below is an example of how Oapital may have profited while arbitraging in UST.
Most of the arbitraging took place on centralized exchanges (CEX).
To conclude, 7 wallets swapped substantial amounts of UST for other stablecoins on Curve on 7 May. The 7 wallets withdrew large amounts of UST from the Anchor Protocol on 7 May and bridged UST to ETH via Wormhole.
6 out of the 7 wallets interacted with centralized exchanges to send UST or USDC that was swapped from Curve. Further, Nansen's findings may rule out a single attacker or hacker that destroyed the ecosystem. Although, 7 wallets may have capitalized over the low liquidity of Curve (pools) that were meant to defend UST peg to other stablecoins.
As UST was losing its peg, some of these wallets may have noted the price differentials between Curve, DEX and CEX by buying and selling between CEX and DEX.
There is no evidence that Do Kwon, the Founder and CEO of Terra Luna is related to the above.
Celsius did not reply to the findings of Nansen. In the event a reply is received it will be updated here.
The prior version of Luna will remain operational under the name 'Luna Classic' or LUNC for short. Binance will distribute the new Luna in the following manner:
Pre-Attack 1 aUST = 0.01827712143 LUNA Pre-Attack 1 LUNC = 1.034735071 LUNA Post-Attack 1 USTC = 0.02354800084 LUNA Post-Attack 1 LUNC = 0.000015307927 LUNA
Some opposed the hard fork including the Binance CEO. According to CoinMarketCap (which is owned by Binance), the new Terra or Luna 2.0 daily high was $19.53. The coin was immediately sold, taking the price down to $5.
A bug in the Anchor Protocol allowed a user in the Terra ecosystem to walk away with approximately $800,000, which may have contributed to the new Luna's sell-off.
The price oracle of LUNC rose to $5, which was the wrong price. Noticing the bug, the user deposited 20,000,000 Lido Bonded Luna tokens (approx.), which were valued at $100,000,000 due to the bug.
The user then took a loan of 40,000,000 UST and withdrew with a profit of $800,000.
Other users who noticed the profit was made due to the bug then attempted to do the same, but they were rejected by the system. The developers may have immediately noticed the bug and implemented a fix.
Can Luna 2.0 Succeed?
Prior to the launch of the new Terra, projects within the Terra Luna ecosystem were reached out by other projects. Ryan Wyatt, the CEO of Polygon announced on Twitter that he will assist Terra's projects with migrating to the Polygon network.
"We have put together a multi-million dollar fund to provide relief to Terra developers to help them stay on their feet and migrate," wrote Wyatt on Twitter.
Wyatt has disclosed that between 50 to 60 projects on the Terra ecosystem reached out to him for assistance in migrating to Polygon. Moreover, he added that the fund will be financed using the $450 million that Polygon has raised and a $100 million ecosystem fund. Wyatt assured that more capital will be added if required.
If more projects will desert the Terra Luna ecosystem, Luna 2.0 may struggle to regain investors' confidence. Despite the high supply in Luna Classic (over 6 trillion due to the mint), more attention may be placed on the token in the short term, especially by bargain hunters.
The immediate selling of Luna 2.0 on its first day may not be a valid indication. Also, many investors dumped the tokens that they received from presales at the launch, similar to ApeCoin and many other tokens.
In fact, Terra Luna 2.0 has a market cap of approximately $2 billion with a daily volume that exceeds $500,000,000 (approx.).
The main indicator of a successful 'revival' of the ecosystem is attracting new and big projects to Luna 2.0 while limiting the mass desertion of existing projects.
Time will tell.
Many crypto investors are wondering whether they should invest in the new Terra Luna, dubbed Luna 2.0. The gigantic collapse of Terra Luna left many wounded on the crypto battlefield, some lost their entire life savings in the South Korean project.
Reviving the project via a hard fork was questioned by key figures in the industry such as the Binance CEO, Changpeng Zhao.
Before diving into Luna 2.0, an investigation was carried out by Nansen, a blockchain analytics platform. Nansen investigated what really happened to Terra Luna and identified just 7 Ethereum wallets that may have triggered the collapse of the Terra Luna network.
The 7 Wallets
Rather than 'an attack' on the network, Nansen's findings suggest 7 wallets capitalized over arbitraged vulnerabilities in the network. The 7 ETH wallets that may have lead to the collapse of Terra Luna according to Nansen are:
Additionally, Nansen investigated social media reports that UST-3pool on Curve, a liquidity pool that allowed swapping UST for USDC / DAI / USDT was drained out of liquidity by a single user, which was the main cause for the de-pegging.
In March 2022, multiple inflows over 60 million UST were seen but had no significant impact on UST peg to the US Dollar.
Luna Foundation Guard Greatest Battle
On 7 May, 21:44 UTC, one of the Luna Foundation Guard (LFG) wallets withdrew approximately 150 million UST from Curve. It was met by 85 million UST inflows from a single address, 0x8d47f08ebc5554504742f547eb721a43d4947d0a (EIP 1559 User).
The address was created prior to the 85 million UST transaction and only used in Curve for swapping UST for USDC as well as for the receipt of and subsequent transfer of the USDC to the exchange, Coinbase.
4 wallets (one is related to Celsius) followed the address above with inflows of approximately 150 million UST to Curve. LFG wallets countered the transactions with withdrawals of 189.6 million UST. The battle between inflows and outflows continued until the morning of 8 May.
The top 18 wallets by net flows over 7 May and 8 May were responsible for 77% of UST inflows to Curve. Nansen marked these wallets:
These 4 addresses are behind the largest inflows to Curve using 1inch DEX Aggregator:
0x6b3d1a37b5c01901341f01f4975d31bc5e6c3d81 (masknft.eth) 0x4f5f3d3f8eb2896e0e865cde934fe5103f979771 (Heavy Dex Trader, NFT Collector) 0x1df8ea15bb725e110118f031e8e71b91abaa2a06 (hs0327.eth) 0x66b870ddf78c975af5cd8edc6de25eca81791de1 (Oapital, also interacted with Curve directly)
Later on, address 0x99fd1378ca799ed6772fe7bcdc9b30b389518962, which is associated with Hodlnaut joined the above addresses in what Nansen refers to as 'early followers'.
The Wormhole Bridge
The investigation then continued to the interaction between Terra Luna and Wormhole bridge. Between 7 May to 10 May, approximately 347 million UST were withdrawn from Anchor in 8 transactions.
The top 20 wallets withdrew 2 billion UST from anchor via 5,051 transactions. The addresses that were flagged by Nansen commenced their withdrawal in April 2022.
Address terra1vca36gazapns38mvupa2pfjz0g39ekdgk0wnea (ETH address 0x41339d9825963515e5705df8d3b0ea98105ebb1c, labeled as Smart LP: 0x413) made the most UST withdrawals from Anchor between 1 April and 6 May.
The above wallets had the greatest volume from the Anchor Protocol during UST de-pegging from USD between 7 May to 10 May, which was approximately 420 million UST in 15 transactions.
UST to Ethereum
Crossing the above wallets with bridging UST from Terra ecosystem to Ethereum, the two addresses above were the top addresses that bridged using the Wormhole.
Nansen discovered an uptick in UST tokens in Wormhole, which began on 5 May.
Moreover, data revealed significant activity in Terra to Ethereum during the de-peg. Large amounts of UST were bridged to Ethereum, which can be seen in the chart below:
Between 5 May to 8 May, 984 unique addresses were very active. The top 10 addresses accounted for 57% of UST transfers. Nansen suggests that rather than a single 'attacker' on the network, 7 wallets may have strived to capitalize on Curve's liquidity, which was insufficient.
Significant selling pressure was placed on centralized exchanges, such as Binance and FTX. Below is an example of how Oapital may have profited while arbitraging in UST.
Most of the arbitraging took place on centralized exchanges (CEX).
To conclude, 7 wallets swapped substantial amounts of UST for other stablecoins on Curve on 7 May. The 7 wallets withdrew large amounts of UST from the Anchor Protocol on 7 May and bridged UST to ETH via Wormhole.
6 out of the 7 wallets interacted with centralized exchanges to send UST or USDC that was swapped from Curve. Further, Nansen's findings may rule out a single attacker or hacker that destroyed the ecosystem. Although, 7 wallets may have capitalized over the low liquidity of Curve (pools) that were meant to defend UST peg to other stablecoins.
As UST was losing its peg, some of these wallets may have noted the price differentials between Curve, DEX and CEX by buying and selling between CEX and DEX.
There is no evidence that Do Kwon, the Founder and CEO of Terra Luna is related to the above.
Celsius did not reply to the findings of Nansen. In the event a reply is received it will be updated here.
The prior version of Luna will remain operational under the name 'Luna Classic' or LUNC for short. Binance will distribute the new Luna in the following manner:
Pre-Attack 1 aUST = 0.01827712143 LUNA Pre-Attack 1 LUNC = 1.034735071 LUNA Post-Attack 1 USTC = 0.02354800084 LUNA Post-Attack 1 LUNC = 0.000015307927 LUNA
Some opposed the hard fork including the Binance CEO. According to CoinMarketCap (which is owned by Binance), the new Terra or Luna 2.0 daily high was $19.53. The coin was immediately sold, taking the price down to $5.
A bug in the Anchor Protocol allowed a user in the Terra ecosystem to walk away with approximately $800,000, which may have contributed to the new Luna's sell-off.
The price oracle of LUNC rose to $5, which was the wrong price. Noticing the bug, the user deposited 20,000,000 Lido Bonded Luna tokens (approx.), which were valued at $100,000,000 due to the bug.
The user then took a loan of 40,000,000 UST and withdrew with a profit of $800,000.
Other users who noticed the profit was made due to the bug then attempted to do the same, but they were rejected by the system. The developers may have immediately noticed the bug and implemented a fix.
Can Luna 2.0 Succeed?
Prior to the launch of the new Terra, projects within the Terra Luna ecosystem were reached out by other projects. Ryan Wyatt, the CEO of Polygon announced on Twitter that he will assist Terra's projects with migrating to the Polygon network.
"We have put together a multi-million dollar fund to provide relief to Terra developers to help them stay on their feet and migrate," wrote Wyatt on Twitter.
Wyatt has disclosed that between 50 to 60 projects on the Terra ecosystem reached out to him for assistance in migrating to Polygon. Moreover, he added that the fund will be financed using the $450 million that Polygon has raised and a $100 million ecosystem fund. Wyatt assured that more capital will be added if required.
If more projects will desert the Terra Luna ecosystem, Luna 2.0 may struggle to regain investors' confidence. Despite the high supply in Luna Classic (over 6 trillion due to the mint), more attention may be placed on the token in the short term, especially by bargain hunters.
The immediate selling of Luna 2.0 on its first day may not be a valid indication. Also, many investors dumped the tokens that they received from presales at the launch, similar to ApeCoin and many other tokens.
In fact, Terra Luna 2.0 has a market cap of approximately $2 billion with a daily volume that exceeds $500,000,000 (approx.).
The main indicator of a successful 'revival' of the ecosystem is attracting new and big projects to Luna 2.0 while limiting the mass desertion of existing projects.
Kraken Taps Alpaca for xStocks After Backed Finance Acquisition
Featured Videos
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
