Chainalysis Inc., a maker of anti-money-laundering software, is widening the reach of its products that monitor cryptocurrency trading amid heightened demand for secure transactions.
The startup, which spent months refining Bitcoin-tracing software, today can begin detecting criminal activity and money laundering in Bitcoin Cash, co-founder Jonathan Levin said in a phone interview. The company plans to support investigations and monitoring of 10 cryptocurrencies by year-end. Customers are interested in tracing Ether, Litecoin, Ripple and Ethereum Classic, among others, he said.
“We think about our brand as being the trust provider between the people, the companies and the government in transacting ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.