Comprehensive crypto tracing announced with 87% coverage through CipherTrace

posted about 2 months ago
Crypto tracing firm CipherTrace announced “comprehensive” virtual asset tracing capabilities and claims 87% of the volume of the top 100 cryptocurrencies can be tracked by its clients (regulators, exchanges, investors etc.) The company reportedly employs advanced proprietary algorithms to delve deeper into previously inaccessible blockchain information. CipherTrace has 522 million attribution data points such as account type, account holders, contract types, contract owners, and other metadata on cryptocurrency addresses.

CipherTrace CEO said “Until now, large swaths of the cryptocurrency ecosystem have remained opaque to AML and CTF monitoring. By delivering the most comprehensive cryptocurrency intelligence, we are helping to create a multi-trillion-dollar global crypto economy.” The development process involved collaboration with regulators and financial investigators. Company clients can explore complete BTC addresses and view extensive details via the CipherTrace API.
Tags: bitcoin, blockchain, news