In a blockchain 51% attack, what does 51% refer to?

1. A. Governance tokens
2. B. Wallets
3. C. Computational power required for mining
4. D. Exchanges

Correct Answer: C

Which first step should a VASP take upon detecting repeated transactions to a high-risk wallet?

1. A. Immediately freeze the account.
2. B. Conduct internal investigation and enhanced due diligence.
3. C. Publicly disclose the wallet.
4. D. Notify all customers.

Correct Answer: B

Which of the following would you review as part of standard due diligence? (Select Two.)

1. A. Negative news
2. B. Dark web forums
3. C. Beneficial ownership
4. D. Blockchain exposure

Correct Answer: AC

Which is an example of ??structuring?? in crypto transactions?

1. A. Sending multiple sub-threshold transactions to avoid reporting.
2. B. Exchanging one crypto for another.
3. C. Using a decentralized exchange.
4. D. Engaging in staking.

Correct Answer: A

Which FATF Recommendation specifically addresses virtual assets and VASPs?

1. A. R.12
2. B. R.15
3. C. R.20
4. D. R.22

Correct Answer: B