Opponents of Bitcoin and cryptocurrencies take great pleasure in constantly associating this revolutionary world with money laundering. However, only the naive can believe that money laundering is more present in the cryptocurrency world than in the world of traditional finance.

Those who launder money have long made the banking world their ally in this area. The powerful in the current system prefer to attack Bitcoin and cryptocurrencies. It’s always easier to attack a scary opponent than to tackle real problems.

In any case, more and more governments are adopting Blockchain technology. This interest deserves to be highlighted. It is the observation of the American government which has called upon the services of Chainalysis and its government solution, for more than 10 million dollars. The objective here is to help the American government investigate crypto fraud.

The ambitions of Chainalysis are to become the global policeman of the Blockchain

Federal investigators in America will now be supported by the Blockchain security company Chainalysis. To do this, the latter has created a new subsidiary Chainalysis Government Solutions. In a blog post, the company confirms that this new subsidiary will provide:

• On-chain data analysis tools.
• Skilled and educated personnel to investigate alongside federal agents.

Still, according to the release, this partnership seems essential for governments. They would indeed be technically unable to investigate the Blockchain. Besides, limited by its ability, the federal staff does not know necessary for this type of investigation …

For example, 75% of public sector employees surveyed say they are not ready and informed to fight incidents related to the world of cryptocurrencies. The solutions proposed to support investigators include all types of fraud: ransomware, phishing attacks, and many others.

Thus Chainalysis continues to position itself as a real policeman of the Blockchain, the guarantor of security. Chainalysis becomes a globally recognized player. The company also confirms to increase the size of its business in the face of this success carried by recent fundraising of $179 million in May 2022. Now valued at 8.6 billion dollars, the sheriff of the Blockchain will continue to play the policeman and the thief around the world to help governments.

Because once this partnership with the American government has borne fruit, Chainalysis intends to provide the same type of services to other governments interested in the subject in the future. For Chainalysis, this is only the beginning of a great adventure.

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