Irdeto, a digital security subsidiary of African Entertainment Platform Multichoice, partners with Coinbase to combat cybercriminals using cryptocurrencies for copyright infringement and other illegal activities. Irdeto’s intelligence-driven investigation shows an increase in cryptocurrency use by illegal service providers, up from 13% in 2022 to 19%. This collaboration will help Multichoice subsidiary provide Coinbase in a detailed report, helping to eliminate the ability of criminals to receive payments for illegal services. The initiative also supports law enforcement in tracing criminals and recovering illegal crypto assets. The companies emphasize their commitment to protecting their digital ecosystem. Irdeto is expanding its partnerships with digital transaction providers and law enforcement agencies around the world, disrupting criminal infrastructure and preventing financial enablers of cybercrime.
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