Blockchain analytics

In a bid to combat sanctions evasion using cryptocurrency, the IRS criminal investigation division has announced its collaboration with blockchain analytics firm Chainalysis and Ukrainian investigators. The joint effort aims to identify Russian individuals who might be using digital assets to hide...

Illicit use of cryptocurrencies reached a record high of $20.1 billion in 2022, according to blockchain analytics firm Chainalysis. What Happened: Transactions involving companies targeted by U.S. sanctions skyrocketed during this time, as the value of crypto transactions related to illicit...