William McCormick
David Jevans, CEO of CipherTrace, was named to the list of 2022 Wash100 Award recipients, the most coveted award in all of government contracting (GovCon), for his visionary leadership as Cipher Trace CEO as well as driving innovative blockchain capabilities and being one of the first to adopt cryptocurrency in the late-90s.
Executive Mosaic is pleased to recognize Jevans as a Wash100 winner for the first time in his long career in industry and cryptocurrency. Visit Wash100.com to cast a vote for David Jevans as one of your TEN votes to advocate for your favorite leaders in the federal and government sectors.
In addition, Jevans will act as a panelist at the Potomac Officers Club’s Digital Currency and National Security Forum on Thursday to give his perspective on the potential implications, risks, challenges and opportunities digital currencies pose to the future of U.S. economy and national security along with several other crypto experts and industry leaders.
Visit PotomacOfficersClub.com to learn more about the future of decentralized cryptocurrency from industry leaders like David Jevans who has been involved with digital currencies since the late-90’s. Click here to register for Thursday’s Digital Currency and National Security Forum.
During an appearance on CNBC’s Squawk on the Street, Jevans detailed the challenges of maintaining crypto hygiene and provided an introduction to CipherTrace as a market leader in blockchain and cryptocurrency anti-money laundering software.
“At CipherTrace, we provide a capability to effectively de-anonymize, not at the individual level, but to track the funds all the way from crypto exchanges through banks,” Jevans explained. “We look at money laundering services, criminal activity, ransomware, and we help companies, banks, cryptocurrency exchanges, government regulators or law enforcement, to keep the bad guys out of the system.”
More recently, CipherTrace was acquired by Mastercard in order to create an integrated offering that combines AI, cyber and blockchain capabilities to provide businesses with greater transparency to identify and understand the risks and manage compliance obligations. Since the acquisition, Jevans has joined Mastercard as an executive vice president to continue the mission.
Back in July, CipherTrace began a partnership with BAE Systems Applied Intelligence to integrate the company’s market-leading cryptocurrency intelligence software and transaction risk rating with BAE’s NetReveal transaction monitoring solution.
The combination offers financial institutions additional protection from cryptocurrency laundering risks and crypto-related threats, while providing detailed information that can be used to achieve regulatory compliance.
“Identifying risky crypto transactions using blockchain analytics services and flagging cross border payments to offshore VASPs are now a business imperative,” Jevans elaborated. “CipherTrace’s technology allows financial institutions and cryptocurrency exchanges to detect unauthorized money movements and helps to prevent potential sanction violations.”
As an industry expert on cybersecurity, blockchain security, internet fraud and more, Jevans is an elite leader and is a pivotal driving force to lead CipherTrace with strong growth, top-name customers and a wide range of capabilities in cyber, eCrime and will continue to be one of the first and most significant drivers of blockchain across the federal sector and other critical areas.
Executive Mosaic is proud to recognize CipherTrace and David Jevans for being named a 2022 Wash100 Award recipient. As a first-time winner of the most coveted award in GovCon, Jevans has demonstrated a level of success and recognition that can only be recognized by the Wash100 Award and the GovCon community.
Visit Wash100.com to vote for David Jevans and others who you believe deserve the recognition as the most significant leader to the GovCon community and federal landscape.
