jehrenhofer@naxo.com

Justin Ehrenhofer is a decentralized systems technologist and blockchain expert who specializes in privacy protocols. Justin has applied his expertise to a broad range of investigations and regularly helps legal teams, law enforcement and companies analyze transactions involving privacy coins and other crypto assets, including Monero. Justin also has extensive experience developing and supporting compliance programs, most notably at DV Chain and Cake Wallet where he spent the early part of his career.  

Prior to joining NAXO, Justin founded Moonstone Research, which NAXO acquired in 2024. At Moonstone, Justin developed the company’s flagship product, Crescent Discovery, which helps investigative teams deanonymize Monero transactions. Before starting Moonstone, Justin handled operations and strategy for a self-custody wallet provider that served over 300,000 users and prior to that served in a compliance role at a financial services platform that offered liquidity and market maker services to crypto exchanges.  

Throughout his career, Justin has been recognized as a thought leader on crypto assets. He served as a moderator of the r/CryptoCurrency subreddit and his insights have been featured in the New York Times, the Financial Times, VICE, CoinDesk, and Bitcoin Magazine. Justin also regularly speaks at conferences on privacy and compliance issues related to crypto assets and has presented at a FinCEN Innovation Hour on tracing Monero ransomware payments. 

Justin holds a BSB in Management Information Systems and a BSB in Finance from the University of Minnesota. He currently sits on the board of MAGIC Grants, a 501(c)(3) nonprofit that issues scholarships to undergraduate students who are interested in cryptocurrencies and issues grants for public blockchain infrastructure projects

EDUCATION

B.S., Business, University of Minnesota, Carlson School of Management