ACFCS Financial Crime SpecialistExam CFCS Question # 11 Topic 2 Discussion

ACFCS Financial Crime SpecialistExam CFCS Question # 11 Topic 2 Discussion

CFCS Exam Topic 2 Question 11 Discussion:
Question #: 11
Topic #: 2

You are conducting a due diligence review of one of your firms’ high-risk clients He runs an international import/export business and transacts in multiple currencies including Bitcoin. You notice a suspicious outgoing transaction Irom your firm and know your client often converts his currency to Bitcoin Since all transactions are public on the Bitcoin blockchain. you conduct research online and find the following string that coincides with the date, time and approximate amount of your client's transaction.

CFCS Question 11

You want to contact Bitcoin to learn if this is, in fact your client.

Which part of the encrypted transaction can Bitcoin confirm for you?


A.

Bitcoin cannot confirm any information


B.

If either party is a merchant and the purpose of the transaction


C.

The ISP identifier


D.

The type of the currency converted to Bitcoin


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