Follow the digital money: 4 federal use cases for blockchain analytics

Cryptocurrencies and other blockchain-based digital assets play an increasingly central role in financial markets. They’re also becoming a more frequent source of regulatory concern, as well as criminal activity.

This summer, the Justice Department announced enforcement actions in cryptocurrency fraud cases involving over $100 million in intended losses. The cases included a fraudulent investment fund trading on cryptocurrency exchanges, a global Ponzi scheme involving the sale of unregistered crypto securities, and a fraudulent initial crypto…

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Cryptocurrencies and other blockchain-based digital assets play an increasingly central role in financial markets. They’re also becoming a more frequent source of regulatory concern, as well as criminal activity.

This summer, the Justice Department announced enforcement actions in cryptocurrency fraud cases involving over $100 million in intended losses. The cases included a fraudulent investment fund trading on cryptocurrency exchanges, a global Ponzi scheme involving the sale of unregistered crypto securities, and a fraudulent initial crypto coin offering.

For federal agencies, blockchain analytics offer a roadmap to navigating this increasingly hazardous landscape. Specialized analytical tools deliver real-time visibility into these often-chaotic markets, exploding the myth of anonymity on blockchain and bringing…

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