Outrider Institute Course Catalog

1. 01Welcome to Digital Asset Foundations
2. 02Blockchain Fundamentals
3. 03Basics of Blockchain Technology
4. 04Crypto Wallets and Keys Explained
5. 05Bitcoin Fundamentals
6. 06How to Read a Blockchain: Using Block Explorers
7. 07Ethereum, EVM & Smart Contracts
8. 08Decentralized Finance (DeFi) Overview
9. 09Are Digital Assets More Risky than TradFi?
10. 10Regulation in Digital Assets
11. 11Foundations of Digital Asset Compliance
12. 12Foundations of AML and Financial Crime Risk in Digital Assets

Crypto-Asset & Product Essentials

1. 01Understanding Crypto as an Asset Class
2. 02Stablecoins & Tokenized Assets 101
3. 03How Crypto Markets Work — CEX vs DEX
4. 04Cybersecurity, Custody & Key Loss
5. 05Transfer Risk, Wrong-Network Risk & Slippage
6. 06Guided Reading: Read a Token - Product & Risk Profile
7. 07Knowledge checkKnowledge Check: Crypto-Asset & Product Essentials

AML & Financial Crime

8. 08Red Flags Unique to Crypto
9. 09Understanding Digital Asset Obfuscation
10. 10Layering on the Blockchain
11. 11Understanding Exposure vs Direct Interaction
12. 12What Is KYT and How Is It Different from TM?
13. 13Decision drillDecision Drill: Red Flag & Exposure Triage
14. 14Knowledge checkKnowledge Check: AML & Financial Crime

Sanctions, KYC & Alerts

15. 15Sanctions Risk in Wallet Screening
16. 16Sanctions & Crypto
17. 17KYC, CDD - The Concepts
18. 18What an Analyst Is Thinking During an Alert
19. 19Case labCase Lab: Sanctions & KYC Casework
20. 20Knowledge checkKnowledge Check: Sanctions, KYC & Alerts

Customer Risk, Monitoring & Reporting

21. 21Onboarding a Crypto Business: What’s Different?
22. 22Source of Funds in a Crypto World
23. 23Risk Rating a Crypto Customer (Step-by-Step)
24. 24Blockchain Analytics Tools: How Analysts and Investigators Use Them
25. 25Open-Source Intelligence (OSINT) in Compliance
26. 26Writing a Crypto SAR Without Overcomplicating It
27. 27Travel Rule in 10 Minutes
28. 28Decision drillDecision Drill: Onboarding & Risk-Rating Calls
29. 29Knowledge checkKnowledge Check: Customer Onboarding & Risk

Markets & Client Communication

30. 30On-Chain & Financial Data for Clients
31. 31Sentiment, Social Media & Finfluencers
32. 32Past vs Future Performance; Why Forecasts Fail
33. 33Cost Types - Transaction, Network/Gas & Service Fees
34. 34Communication Drill: Compliant Client Communication
35. 35Knowledge checkKnowledge Check: Reporting & Client Communication
36. 36DACP FINAL EXAM

Regulations — EU/MiCAR

37. 37MiCAR in Plain English
38. 38MiCAR vs Applicable Frameworks - Direct Comparison
39. 39MiCAR Asset Classifications - ARTs, EMTs, Other Coins
40. 40EU Travel Rule Requirements Explained

Regulations - US

41. 41FinCEN’s View on Virtual Currency
42. 42GENIUS Act 101 (2026 updates?)
43. 43CLARITY Act (US)
44. 44OFAC (US) Regs

Regulations - Global

45. 45UK FCA Crypto Supervision Basics
46. 46Singapore MAS Framework Explained
47. 47Hong Kong’s VASP Regime
48. 48Japan’s FSA Model
49. 49Canada’s MSB Framework Simplified
50. 50LATAM: Why Adoption Is So High
51. 51Where Global Regulation Is Converging
52. 52Australia
53. 53El Salvador

Crypto-Asset Analysis

1. 01Price Formation — Supply, Demand & Market Structure
2. 02Tokenomics — Supply, Issuance, Unlocks & Incentives
3. 03How Crypto-Assets Are Valued
4. 04Volatility - Drivers & Compliant Communication
5. 05Consensus, Governance & Network Security
6. 06Anatomy of a White Paper - Key Sections & Red Flags
7. 07Case labCase Lab - Valuation & Market-Structure Read
8. 08Knowledge checkKnowledge Check: Market Structure & Trading

Market Dynamics & Special Assets

9. 09Order Books, Spreads & Market Makers
10. 10Whales, Liquidity & Concentration
11. 11Macro Drivers — Rates, Liquidity, Geopolitics, Flows
12. 12Privacy, Governance & Memecoins
13. 13Guided Reading - Read a White Paper Critically
14. 14Knowledge checkKnowledge Check: Asset, Network & Macro Analysis

Advanced Monitoring & Market Integrity

15. 15Recognizing Market Abuse
16. 16Recordkeeping in Digital Asset Environments
17. 17End-to-End Crypto Compliance Investigation
18. 18AI in Blockchain Compliance
19. 19The Future of On-Chain Monitoring
20. 20Decision drillDecision Drill: Surveillance & Market-Abuse Calls
21. 21Knowledge checkKnowledge Check: Advanced Monitoring & Market Integrity

DeFi & Liability

22. 22How On-Chain Tracing Actually Works
23. 23Beneficial Ownership Challenges with DAOs
24. 24What Makes DeFi Hard to Regulate
25. 25Smart Contract Risk in Plain English
26. 26Who Is Liable in DeFi?
27. 27Case labCase Lab: DeFi Liability Case
28. 28Knowledge checkKnowledge Check: DeFi & Liability

Systemic & Market Risk

29. 29Market-Moving Events & Black Swans
30. 30MEV, Bridges & Layer 2 Simplified
31. 31Stablecoin & Reserve Risk
32. 32Fractional Risk & Exchange Insolvency: Could It Happen?
33. 33Integrated Scenario: Systemic-Risk Case
34. 34Knowledge checkKnowledge Check: Systemic & Market Risk
35. 35DASCP FINAL EXAM

1. 01MiCAR & the Information-Advice Boundary
2. 02MiCAR & the Information-Advice Boundary (Dutch)
3. 03MiCAR & the Information-Advice Boundary (French)
4. 04MiCAR & the Information-Advice Boundary (German)
5. 05What a CASP Is - Role, Conduct & Ethical Duties
6. 06Inform, Decline, Escalate - Decision Drill
7. 07Compliant Statements - Communication Drill
8. 08Chapter 1 Knowledge Check
9. 09Borderline Conversation - Case Lab
10. 10Blockchain Fundamentals
11. 11MiCAR Asset Classifications - ARTs, EMTs, Other Coins
12. 12Stablecoins & Tokenized Assets 101
13. 13Token Obligations & Conduct - Scenario Workshop
14. 14Bitcoin Fundamentals
15. 15Crypto Wallets and Keys Explained
16. 16Ethereum, EVM & Smart Contracts
17. 17Consensus, Governance & Network Security
18. 18Decentralized Finance (DeFi) Overview
19. 19Bitcoin Whitepaper Guided Reading
20. 20Are Digital Assets More Risky than TradFi?
21. 21Volatility - Drivers & Compliant Communication
22. 22Cybersecurity, Custody & Key Loss
23. 23How Crypto Markets Work — CEX vs DEX
24. 24Price Formation — Supply, Demand & Market Structure
25. 25Investor Protection - MiCA vs MiFID II
26. 26What Reduced Protection Means for Clients
27. 27Foundations of AML and Financial Crime Risk in Digital Assets
28. 28Red Flags Unique to Crypto
29. 29Understanding Digital Asset Obfuscation
30. 30KYC, CDD - The Concepts
31. 31Sanctions & Crypto | Sanctions Risk in Wallet Screening
32. 32Writing a Crypto SAR Without Overcomplicating It
33. 33Tokenomics - Supply, Issuance, Unlocks & Incentives
34. 34How Crypt-Assets are Valued

Risk Assessment & Methodology

1. 01Building a Crypto Risk Assessment (Step-by-Step)
2. 02Enterprise-Wide Risk Assessment Methodology
3. 03Mapping Controls to Digital Asset Risks
4. 04How to Document a Risk-Based Approach
5. 05Case labCase Lab - Build & Defend a Risk Assessment
6. 06Knowledge checkKnowledge Check: Risk Assessment & Methodology

Program & Framework Design

7. 07Designing a Crypto Monitoring Framework
8. 08Building a Crypto Compliance Program from Scratch
9. 09Rules, Configuration, and Tuning
10. 10Compliance for Novel Products (Staking, RWAs, DeFi Offerings)
11. 11New-Product Risk Assessment & Approval
12. 12Decision drillDecision Drill - Program & New Product Design Calls
13. 13Knowledge checkKnowledge Check: Program & Framework Design

Licensing, Reserves & Cross-Border

14. 14Licensing vs Registration: What’s the Difference?
15. 15State MTLs: What You Actually Need to Know
16. 16Reserve Accounts: What Banks Need to Understand
17. 17Cross-Border Compliance Coordination
18. 18Regulatory Change Management
19. 19Decision drillDecision Drill - Licensing & Jurisdiction Calls
20. 20Knowledge checkKnowledge Check: Licensing, Reserves & Cross-Border

Governance, Assurance & Reporting

21. 21Compliance Governance: Board & Regulator Reporting
22. 22Independent Testing & Audit of a Crypto Compliance Program
23. 23Metrics, MI & Program Effectiveness
24. 24Managing a SAR/STR Program at Scale
25. 25Case labCase Lab - Program Assurance Review
26. 26Knowledge checkKnowledge Check: Governance, Assurance & Reporting

Operations, Vendor & Team

27. 27Vendor & Blockchain-Analytics Tool Governance
28. 28Third-Party, Correspondent & VASP Risk Management
29. 29Incident Response & Crisis Management
30. 30IP & Device Metadata
31. 31Travel Rule Operationalization in Practice
32. 32Talent & Skills for Next-Gen Compliance Teams
33. 33Integrated Scenario - Stand Up a Crypto Compliance Program (Capstone)
34. 34Knowledge checkKnowledge Check - Operations, Vendor & Team
35. 35DACL FINAL EXAM

Investigative Foundations & Workflow

1. 01Turning an Address into an Investigative Lead
2. 02Open-Source Intelligence (OSINT) for Crypto Investigations
3. 03The Investigative Workflow & Case Management
4. 04Requesting Data from Exchanges & VASPs
5. 05Documenting Findings & Evidence Basics
6. 06Decision drillDecision Drill: Investigative Triage Calls
7. 07Knowledge checkKnowledge Check: Investigative Foundations & Workflow

Illicit Finance Foundations

8. 08Red Flags Unique to Crypto
9. 09Understanding Digital Asset Obfuscation
10. 10Layering on the Blockchain
11. 11Understanding Exposure vs Direct Interaction
12. 12Source of Funds in a Crypto World
13. 13Blockchain Analytics Tools: How Analysts and Investigators Use Them
14. 14How On-Chain Tracing Actually Works
15. 15Case labCase Lab: Follow the Flags: A First Case
16. 16Knowledge checkKnowledge Check: Illicit Finance Foundations

Bitcoin & UTXO Tracing

17. 17Bitcoin Transaction Anatomy
18. 18Common-Input-Ownership Heuristic & Its Limitations
19. 19Change Address Identification Techniques
20. 20Peeling Chains, Fan-Outs & Fan-Ins: Recognising Patterns
21. 21Case labCase Lab - Trace a Bitcoin Transaction
22. 22Knowledge checkKnowledge Check: Reading UTXO Chains for Tracing

Ethereum & EVM Tracing

23. 23Ethereum Transaction Anatomy: EOAs, Contract Accounts & Gas
24. 24Tracing ETH vs. ERC-20 Token Transfers
25. 25Tracing Through Exchange Deposits
26. 26Reading Smart Contract Interactions
27. 27Case labCase Lab - Trace an Ethereum / Token Flow
28. 28Knowledge checkKnowledge Check: Reading Account-Based Chains for Tracing

Case Types & Typologies

29. 29NFT Fraud, Wash Trading & Proceeds Tracing
30. 30Ransomware & Extortion: Payment Tracing
31. 31Darknet Markets: Vendor & Marketplace Investigations
32. 32Investment, Romance & "Pig-Butchering" Scams
33. 33Cybersecurity, Custody & Key Loss
34. 34Sanctions & Crypto
35. 35Integrated Scenario - Following the Money: End-to-End Trace
36. 36Knowledge checkKnowledge Check: Case Types & Typologies
37. 37DAI FINAL EXAM

Advanced Bitcoin & UTXO Forensics

1. 01Exchange Deposit Address Attribution
2. 02Bitcoin Mixing & CoinJoin
3. 03Lightning Network Tracing
4. 04Advanced Input/Output Heuristics
5. 05Tracing Through Mixers, CoinJoin & CoinJoin Variants
6. 06Case labCase Lab: Bitcoin Attribution Lab
7. 07Knowledge checkKnowledge Check: Advanced Bitcoin & UTXO Frameworks

Advanced Account/EVM Forensics

8. 08Internal Transactions & Smart Contract Call Tracing
9. 09DEX & Liquidity Pool Tracing on Ethereum
10. 10Stablecoin Flows: USDT, USDC & Freezing Requests
11. 11Layer 2 Networks: Tracing on Optimism, Arbitrum & Polygon
12. 12Smart Contract Forensics & Internal Transaction Tracing
13. 13Decision drillDecision Drill - Freeze/Escalate/Clear
14. 14Knowledge checkKnowledge Check: Advanced Account/EVM Forensics

Graph Analysis & Attribution

15. 15UTXO Graph Analysis & Cluster Attribution
16. 16Account-Based Graph Analysis & Contract Interactions
17. 17Entity Resolution & Wallet Clustering at Scale
18. 18Attribution Confidence & Evidentiary Standards
19. 19Attribution to Real-World Identity: OSINT Fusion
20. 20Case labCase Lab: Cluster & Attribute an Actor
21. 21Knowledge checkKnowledge Check: Graph Analysis & Attribution

Cross-Chain & Exploit Investigation

22. 22DeFi Protocol Investigations: AMMs, Lending & Bridges
23. 23Cross-Chain & Bridge Transaction Analysis
24. 24Investigating High-Throughput Chains: Tron & Solana
25. 25Bridge Exploits & Hack-Proceeds Tracing
26. 26DeFi Exploit & Flash-Loan Attack Investigations
27. 27Integrated Scenario: Cross-Chain Investigations
28. 28Knowledge checkKnowledge Check: Cross-Chain & Exploit Investigation

Casework, Coordination & Reporting

29. 29Sanctions-Evasion Typologies & Tracing
30. 30Cross-Border Coordination, MLATs & Info Requests
31. 31Timeline Reconstruction & Case Visualization
32. 32Courtroom-Ready Reporting for Investigators
33. 33Recognizing Market Abuse
34. 34Case labCase Lab: Build a Defensible Case File
35. 35Knowledge checkKnowledge Check: Casework, Coordination & Reporting
36. 36DASI FINAL EXAM

Privacy-Coin & Protocol Forensics

1. 01Tracing Through Zero-Knowledge Proof Systems: Zcash & Tornado Cash
2. 02Re-Identifying Monero Transactions
3. 03Advanced Privacy Protocols: Wasabi, Samourai & JoinMarket
4. 04Emerging Privacy Tech: FHE, Stealth Addresses & Confidential Transactions
5. 05Case labCase Lab: De-anonymize a Privacy-Coin Flow
6. 06Knowledge checkKnowledge Check: Privacy-Coin & Protocol Frameworks

De-anonymization Techniques

7. 07Statistical & Heuristic Attacks on Anonymity Sets
8. 08Timing & Amount Correlation Analysis
9. 09Machine Learning for De-anonymization
10. 10Lightning Network Forensics
11. 11Case labCase Lab: Break an Anonymity Set
12. 12Knowledge checkKnowledge Check: De-anonymization Techniques

Advanced Structuring & Linkage

13. 13MPC Wallets & Threshold Signatures
14. 14Cross-Chain Atomic Swaps & DEX Aggregator Tracing
15. 15Deposit Address Reuse & Actor Linkage
16. 16Forensic Deconstruction of Peel Chains & Layered Structuring Schemes
17. 17Decision drillDecision Drill: Linkage & Confidence Calls
18. 18Knowledge checkKnowledge Check: Advanced Structuring & Linkage

Elite Casework & Testimony

19. 19Chain-Hopping & Multi-Asset Laundering Reconstruction
20. 20Nation-State & APT Laundering
21. 21Expert-Witness Testimony & Defensible Elite Findings
22. 22Integrated Scenario: Elite Multi-Technique Case
23. 23Knowledge checkKnowledge Check: Elite Casework & Testimony
24. 24DAEI FINAL EXAM

Seizure Strategy & Legal Authority

1. 01Seizure Strategy & Legal Authority Across Jurisdictions
2. 02Legal Instruments: Warrants, Forfeiture & Restraint Orders
3. 03Pre-Seizure Intelligence & Target Development
4. 04Evidence Integrity & Chain of Custody
5. 05Decision drillDecision Drill: Seizure Authority Check
6. 06Knowledge checkKnowledge Check: Seizure Strategy & Legal Authority

Acquisition & Asset Control

7. 07Wallet Access & Key Acquisition Techniques
8. 08Cold Wallet & Hardware Seizure Handling
9. 09Multi-Sig & Smart Contract-Controlled Asset Seizure
10. 10Working with Exchanges & Custodians on Seizure
11. 11Case labCase Lab: Plan an Acquisition
12. 12Knowledge checkKnowledge Check: Acquisition & Asset Control

Valuation, Custody & Liquidation

13. 13How Crypto-Assets Are Valued
14. 14Custody Models & Asset Control Post-Seizure
15. 15Asset Management, Liquidation & Volatility Risk
16. 16Managing Seized Asset Portfolios & Market Impact
17. 17Decision drillDecision Drill: Liquidation & Custody Calls
18. 18Knowledge checkKnowledge Check: Valuation, Custody & Liquidation

Execution, Recovery & Testimony

19. 19Executing a Seizure: End-to-End Playbooks
20. 20International Asset Recovery & Repatriation
21. 21Victim Restitution & Asset Distribution
22. 22Integrated Scenario: End-to-end Seizure Simulation
23. 23Knowledge checkKnowledge Check: Execution, Recovery & Testimony

Regulations

24. 24Seizure & Forfeiture Law - US
25. 25Seizure & Forfeiture Law - EU
26. 26Seizure & Forfeiture Law - UK
27. 27Seizure & Forfeiture Law - APAC
28. 28Evidence & Admissibility - US
29. 29Evidence & Admissibility - EU
30. 30Evidence & Admissibility - UK
31. 31Evidence & Admissibility - APAC
32. 32Asset Recovery & Restitution - US
33. 33Asset Recovery & Restitution - EU
34. 34Asset Recovery & Restitution - UK
35. 35Asset Recovery & Restitution - APAC

Crypto as an Asset Class

1. 01Understanding Crypto as an Asset Class
2. 02How Crypto Markets Work — CEX vs DEX
3. 03Price Formation — Supply, Demand & Market Structure
4. 04Tokenomics — Supply, Issuance, Unlocks & Incentives
5. 05How Crypto-Assets Are Valued
6. 06Anatomy of a White Paper - Key Sections & Red Flags
7. 07Privacy, Governance & Memecoins
8. 08Knowledge checkKnowledge Check: Crypto as an Asset Class
9. 09Client Suitability & Risk Profiling
10. 10Portfolio Construction with Digital Assets
11. 11Evaluating Crypto Products & Platforms
12. 12Wallets, Custody & Client Risk
13. 13Stablecoins, Yield & Income Strategies
14. 14Knowledge checkKnowledge Check: Suitability, Portfolios & Products
15. 15Transfer Risk, Wrong-Network Risk & Slippage
16. 16Volatility - Drivers & Compliant Communication
17. 17Whales, Liquidity & Concentration
18. 18Macro Drivers — Rates, Liquidity, Geopolitics, Flows
19. 19Sentiment, Social Media & Finfluencers
20. 20Past vs Future Performance; Why Forecasts Fail
21. 21On-Chain & Financial Data for Clients
22. 22Cost Types - Transaction, Network/Gas & Service Fees

Crypto as an Asset Class — Global

23. 23Crypto Tax - Core Concepts & Why it's Jurisdiction-Specific
24. 24Advisor Regulation - The Global Landscape

Regulations

25. 25US: Crypto Tax & IRS Reporting for Advisors
26. 26US: Advisor Regulation - SEC, FINRA, RIA & Fiduciary Duty
27. 27EU: Crypto Tax Treatment for Advisors
28. 28EU: Advisor Regulation - MiFID II Suitability & MiCAR Advice Rules
29. 29UK Crypto Tax - HMRC Treatment
30. 30UK Advisor Regulation - FCA Rules
31. 31Other: Canada, Australia, Singapore & other jurisdictions

1. 01Building Crypto into Client Portfolios
2. 02Managing Downside Risk & Market Cycles
3. 03Advanced Planning Strategies
4. 04Evaluating New Opportunities
5. 05Client Communication & Education
6. 06Compliance & Documentation for Advisors
7. 07CapstoneCapstone: Client Portfolio Case Study

1. 01Understanding Digital Assets in Legal Contexts
2. 02Source of Funds & Asset Tracing for Legal Use
3. 03Reading Blockchain Evidence Without Being Technical
4. 04Working with Investigators & Forensic Experts
5. 05Discovery & Subpoena Strategy in Crypto Cases
6. 06Evidence Collection & Admissibility
7. 07Asset Freezes, Restraining Orders & Recovery Strategy
8. 08Legal Writing for Crypto Cases
9. 09(LI) Valuation & Source of Funds

1. 01Case Strategy for Digital Asset Disputes
2. 02Depositions & Expert Witness Handling
3. 03Defending Against Obfuscation & Mixing Claims
4. 04Litigation Scenarios: Fraud, Theft, Divorce, Bankruptcy
5. 05Trial Strategy & Narrative Building
6. 06Cross-Border & Jurisdictional Challenges
7. 07CapstoneCapstone: Full Case & Trial Simulation