CipherTrace Scout App Takes Crypto Investigations Mobile
Blockchain forensics firm CipherTrace has developed a mobile tool for flagging bitcoin and ethereum tokens with a criminal past.
The blockchain security firm has partnered with the Anti-Human Trafficking Intelligence Initiative (ATII) to fight human trafficking.
CipherTrace revealed research Monday showing that the top 10 retail banks by assets managed in the U.S. worked with unregistered crypto money services businesses by transmitting funds on their payment networks.
Crypto businesses are figuring out how to comply with the Financial Action Task Force’s “Travel Rule.” And putting technical solutions in place is proving to be just as tricky as the legal and operational issues involved.
CipherTrace is now providing AML compliance on Binance Chain, which supports both the exchange's BNB token and DEX.
The blockchain analytics provider now offers a window into the data of more than 87 percent of the top 100 cryptocurrencies.