TRM Labs, a blockchain intelligence solutions provider, recently expanded its team with the hiring of Chirs Janczewski, the former IRS-Criminal Investigations (IRS-CI) Special Agent, as Head of Global Investigations.

In his broad career, Janczewski led some of the most important crypto-related criminal investigations. In his new role, Janczewski will lead a team of individuals from former law enforcement and private sector organizations, including the US Secret Service, FBI, Europol, Homeland Security Investigations (HSI) and Refinitiv.

Amid the growing adoption of digital assets, TRM Labs has seen a jump in demand for its products and services during the past few months. In December 2021, the company raised $60 million in its Series B funding round. The blockchain intelligence firm recently received investment from JPMorgan.

The Global Investigations Team of TRM helps the company's customers including digital exchanges in the detection of illegal crypto activities. According to TRM, the appointment of Janczewski will help in the creation of an efficient and secure crypto ecosystem.

“Chris is one of the world’s most accomplished cryptocurrency investigators; most importantly, he is passionate about our mission and shares our values,” said TRM’s CEO Esteban Castano. “At TRM Labs, we are building a first-class team to innovate on our industry-leading product. We’re thrilled to have Chris joining our mission to build a safer crypto-economy for all.”

Crypto Crime

Fraudulent activities related to cryptocurrencies have jumped in the past few years. Earlier this year, Chainalysis, a blockchain data platform, published a research report and mentioned that illegal crypto transactions touched a record high in 2021.

“I am devoted to making crypto safer and more accessible for everyone. In joining TRM Labs, I will leverage my experience working on challenging cases, and together with equally passionate and skilled teammates, we will assist public and private entities worldwide to drive the sector forward using the best blockchain forensics tools,” Janczewski said.