Max Braun, director of the FIU, put it plainly: including crypto exchanges in the alert system will make it harder for international fraud rings to “cash out” illicit funds. How the Alert System Actually WorksThe FIU is rolling out the alert mechanism through a secure IT framework. When the FIU flags a fraudulent account, the alert goes cross-institution — banks and crypto exchanges get it at the same time, not sequentially. So the alert system is one piece, not the whole puzzle. It’s a broad mandate for a relatively small unit, which makes the IT-driven alert system more important, not less.