Almost 110,000 Americans died from drug overdoses in 2023 and 80 percent of those deaths were attributed to fentanyl, which is unprecedented in American history. In this episode, Ian Andrews (CMO, Chainalysis) discusses these horrific stats with respect to fentanyl trafficking and the technology-driven evolution of drug cartels with Jim Schrant (Director of Strategy and Growth, CACI International) Jim provides a comprehensive look at his extensive career in the DEA, offering insights into the evolving landscape of drug trafficking facilitated by cryptocurrency and how their new solution, CluesAI and other technology, gives law enforcement a fighting chance against modern day drug traffickers. He also provides in-depth analysis of the role darknet markets and precursors like Xylazine add to the fentanyl crisis and identifies the role Cartels and Chinese money launderer organizations play in moving crypto and cash around internationally. Minute-by-minute episode breakdown 2 | Jim’s law enforcement journey beginning with investigation Colombian drug cartels 4 | Evolution of technology used by criminals and the emergence of sophisticated Fentanyl production and trafficking 8 | How the Darknet Market’s role in fueling the Xylazine and Fentanyl crisis 12 | Crypto becomes main way that drug cartels are moving the proceeds of Fentanyl sales 18 | Challenges and innovations in law enforcement's technical evolution in investigating drug trafficking 22 | Revolutionizing Darkweb investigations with CluesAI for law enforcement 30 | Modernizing Federal law enforcement through technology and expertise Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website: DarkBlue: AI-Enhanced Dark Web AnalysisVideo: CluesAI: The newest tool in the DarkBlue Intelligence Suite to identify threats on the dark and open webWhitepaper: Disrupting Fentanyl and precursor trafficking with dark web intelligenceFree Trial:: DarkBlue: Experience the DarkBlue Difference: Request unlimited access to a free 30‑day trial account and discover why experts trust DarkBlue.One-Pager: DarkBlue Intelligence Suite: Unlock new leads with CluesAIReport: Archetyp Market: A Haven for US-Based Fentanyl TraffickersBlog: Anatomy of an Address Poisoning ScamBlog: Crypto and the Opioid Crisis: What Blockchain Analysis Reveals About Global Fentanyl Sales (UPDATED 3/7/24)Reports: The 2024 Geography of Crypto Report (Download now!)YouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: Building trust in blockchain Speakers on today’s episode Ian Andrews *Host* (Chief Marketing Officer, Chainalysis) Jim Schrant (Director, Strategy and Growth, CACI International) This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material. Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.
