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Chainalysis
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Chainalysis

How Chainalysis built blockchain analytics that traced cryptocurrency transactions governments couldn

In twenty fourteen, cryptocurrency existed in shadows. Bitcoin enabled transactions without government monitoring. Transactions were public but pseudonymous. Nobody knew who sent funds. Cryptocurrency was untraceable. Crime moved there. Chainalysis launched blockchain analytics. Software traced transactions across public ledgers, identifying patterns. As cryptocurrency grew, illicit activity increased. Money laundering, ransomware, evasion flourished. Governments needed investigation tools. Chainalysis offered exactly that. Over seven hundred agencies adopted it. Law enforcement traced criminal funding. Revenue comes from annual subscriptions. The more crypto grows, the more regulation becomes necessary. Cryptocurrency promised anonymity.

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