In total, investors, users, and exchanges have lost some $4.3 billion from illicit activity.
CipherTrace is teaming with Shyft on a blockchain solution to help crypto firms meet tough new standards from the Financial Action Task Force.
E-commerce giant Rakuten has partnered with blockchain analytics firm CipherTrace to ensure AML compliance for its soon-to-launch exchange platform.
Losses arising from cryptocurrency hacks and fraud may have reached as high as $1.2 billion in the first quarter of 2019, CipherTrace estimates.
Binance is partnering with the blockchain analytics firm CipherTrace to beef up its anti-money laundering procedures.
Malta is turning to crypto sleuthing startup CipherTrace for technical help addressing the risk of financial crimes in its digital asset industry.