FBI to monitor cryptocurrency transactions related to illegal activities
The bureau is looking for an analytics software provider to track the activity of most liquid cryptocurrencies
24.02.2022 - 12:40
226
1 min
0
What’s new? A contract has been published on the US government’s official website in which the Federal Bureau of Investigation requires a private software provider to monitor cryptocurrency transactions. It is necessary to ensure integration with the agency’s systems. The contract with the provider is scheduled to be concluded on March 25, 2022, with the condition of annual renewals in the next four years.
What are the requirements? The provider will need to demonstrate the tool. The software has to provide monitoring of 95% of the largest cryptocurrencies in CoinMarketCap’s rankings. The software is required to be able to track the geographical binding of TOR servers and alert on the detection of suspicious transactions. The need for such software is dictated by the popularity of cryptocurrencies among criminals for drug trafficking and terrorist financing.
What preceded it? Earlier, the FBI formed a unit to analyze suspicious blockchain transactions, which will deal with the confiscation of digital assets. The reason for the new unit was the precedent of the largest seizure of 94 000 BTC by the law enforcement agencies and the US Department of Justice.
Useful material?
Telegram 
Twitter Crypto regulations
Instead, it is planned to develop rules for the functioning of such platforms
May 29, 2023
Market
Global platform services for local residents will be discontinued on November 30
May 29, 2023
Market
Analysts see this as a sign of a future bull market
May 26, 2023
Technologies
#USD is issued based on the Ordinals protocol and is backed by US dollars
May 26, 2023
Market
The platforms currently support operations with a limited number of digital assets
May 26, 2023
Market
The company’s CEO said that hardware wallet makers “should, at no stage, make the seed phrase accessible to anyone but the user”
May 26, 2023
Cryptocurrency rates
-
Bitcoin
$27 745
BTC
-0.56%
-
Ethereum
$1 899.64
ETH
-0%
-
Ripple
$0.5
XRP
+4.21%
-
Cardano
$0.38
ADA
+0.23%
-
Dogecoin
$0.07
DOGE
-0.99%
-
Polkadot
$5.46
DOT
-0.28%
-
Litecoin
$91.33
LTC
-0.07%
-
Solana
$10.15
SOL
-9.47%
-
Monero
$153.5
XMR
-1.07%
-
Stellar
$0.09
XLM
+0.66%