The US government hired CRA experts in a lawsuit that alleged an investment fund manager had made misleading public disclosures about fund share redemptions during the real estate market collapse. CRA’s expert used prior academic research to develop a statistical model that assessed whether bond share redemptions were abnormally large around the time of the public disclosures. The expert also measured the portion of the manager’s bonus compensation attributable to the performance of the bond fund. Subsequent to the CRA expert’s testimony, the defendant entered into a settlement and accepted all remedies sought by the US government.
Detecting financial crimes through blockchain analytics
The Trump administration has prioritized their interest in digital assets and have fostered initiatives such as the Strategic Bitcoin Reserve and US Digital...