Cryptoasset Anti-Financial Crime Specialist (CCAS) Certification Practice Test

Which hypothetical scenario best supports the suspicion that an individual is selling narcotics on the dark web and receiving payments in cryptoassets?

1. Several other suspects are willing to testify

2. The suspect pays down the business's credit card monthly

3. The suspect's business account shows incoming wire transfers from known fentanyl-producing locations

4. The suspect's account shows transfers from cryptoasset exchanges without purchases

The correct answer is: The suspect's business account shows incoming wire transfers from known fentanyl-producing locations

The scenario that involves the suspect's business account showing incoming wire transfers from known fentanyl-producing locations robustly supports the suspicion of selling narcotics on the dark web in exchange for cryptoassets. This is grounded in the clear linkage between financial transactions and illicit drug production, particularly specified fentanyl, which is commonly associated with illegal drug trafficking. It indicates a direct engagement with suppliers or operations that are involved in dangerous and illegal activities related to narcotics. When analyzing this situation, the relationship between the financial activities and a known illegal substance highlights a probable intent to facilitate or benefit from narcotic sales. It raises red flags for authorities, prompting further investigation into the suspect's business dealings and potential connections to drug trafficking networks. Other scenarios might suggest irregular financial behavior, but they do not establish the same level of direct connection to narcotic sales. For example, willingness by other suspects to testify could be seen as an indication of criminal activity but lacks specific details about the individual’s actions. Paying down a business credit card monthly could reflect financial responsibility but is not inherently suspicious without further context. Additionally, showing transfers from cryptoasset exchanges without purchases does not provide clear evidence of criminal intent or activity related to narcotics. Therefore, the scenario involving wire transfers from known fent