The Federal Bureau of Investigation’s (FBI) Virtual Assets Unit Chief Patrick Wyman, joins Ari on this episode of TRM Talks to explore the Bureau’s evolving strategy for combating crypto-related crime.
Patrick shares his unconventional journey from mortgage fraud investigator to leading the FBI’s work on virtual assets. He explains how the Virtual Assets Unit operates as a cross-programmatic force multiplier — supporting investigations from terrorism financing to child exploitation to ransomware.
Their conversation highlights real-world cases, including a proactive victim outreach initiative tied to crypto investment fraud. This effort has already helped over 4,300 victims avoid further losses — saving an estimated USD 285 million.
Key discussion points include:
Patrick also discusses the critical importance of interagency collaboration, public-private partnerships, and why education — not just enforcement — is essential to staying ahead of bad actors who move at the speed of the internet.