Learn about Chainalysis's new system for tracking and seizing illegal digital currencies. Discover the tools aiding law enforcement in uncovering fraudulent activities.
Blockchain data analysis company Chainalysis has announced the development of an integrated solution to assist law enforcement in tracking stolen digital currencies. The system consists of two main tools: Chainalysis Reactor software, aiding authorities in tracking digital currencies, and a new wallet scanning tool that automatically uncovers derivation paths. Additionally, the company recently acquired Alterya, an AI-based fraud detection system that monitors over $8 billion in transactions monthly and identified over $10 billion in payments to scammers last year.
