Fraud prevention champion, co-founder and CAO of Simplex, spoke to the Bank of Lithuania on how to detect and combat fraud

Simplex, the largest fiat infrastructure for digital currencies globally, has added SEPA Instant to its growing list of payment methods, allowing users to seamlessly move between the fiat banking system and crypto in mere seconds. For Simplex partners and their users, the SEPA Instant integration is a major milestone that dramatically reduces friction and costs

Crypto is reaching greater heights every day, with millions of new adopters joining the ecosystem in the last two months alone. However, as crypto enters the mass market, fraudsters are finding new methods and opportunities to scam users, who are often unaware that their stolen funds cannot be retrieved. While crypto going mainstream may be