The increase in individuals looking to use digital currencies to evade the law has led to many innovative solutions, such as the creation of blockchain analytic tools and teams dedicated to combatting such crimes.
The body is on the lookout for “one to two tools that provide access to five (5) users each, either as individual licenses or one concurrent license.”
Ian lee, now VP of business development at Merkle Science, tells The Bitcoin Bridge the story of how he started in the blockchain analytics and forensics business.
Roman Sterlingov, the Russian-Swedish citizen suspected of being the administrator of Bitcoin Fog, was charged with his involvement in laundering some 1.2 million BTC over the period.
Patrick Thompson talks to Lance Morginn about Blockchain Intelligence Group, and the future of blockchain analytics sector.
The growth has been fueled by an increase in demand from public sector agencies as more governments become interested in the digital currencies space.
The IRS is offering a $625,000 contract to any individual or firm that can create a tool that tracks Monero or Layer 2 transactions.
The one-year deal, signed on May 19, 2020, is described as a “cryptocurrency data subscription” and is worth $799,000.
A CipherTrace report indicated that LocalBitcoins received the most criminal funds—over 99%—in the first half of 2020.
BIG has tailored its services to serve different business models, and provides blockchain forensics training for its users and others.
The Ukraine government has signed a deal with Crystal Blockchain that allows them to track digital currency transactions.
