Chainalysis in Action
Operation Bonanza: Chainalysis Helps Spanish National Police Recover $21 Million in Crypto During Global Ponzi Scheme Investigation
TL;DR: Chainalysis played a critical role in Operation Bonanza, an investigation led by the Spanish National Police. The action disrupted…
Asset Seizure and Cryptocurrency: How Chainalysis Creates Opportunities for Self-Sustaining Law Enforcement
As cryptocurrency moves further into the mainstream, an increasingly diverse and professional array of bad actors are following suit. Every…
Chainalysis in Action: Landmark Case in U.S. Sets Precedent for Crypto-Centric Tax Fraud Investigations
In December 2024, Texas resident Frank Richard Ahlgren III was sentenced to two years in prison and to pay $1,095,031…
Operation Spincaster lands in Delta: Local police equipped to trace and freeze millions from scam wallet
In 2024, scams with a crypto nexus surged, becoming one of the most lucrative areas of illicit activity YTD, earning…
Chainalysis in Action: Illicit Residential Proxy Service Shut Down by Law Enforcement, Three Administrators Sanctioned by OFAC
Today, the U.S. Department of Justice announced the arrest of Chinese national Yunhe Wang for his alleged control of a…
Chainalysis in Action: Department of Justice Announces Second-Largest Ever Crypto Seizure, with $3.36 Billion in Bitcoin Seized from Silk Road Hacker
In November 2021, IRS Criminal Investigations (IRS-CI) seized 50,676 Bitcoin from James Zhong, an American who pled guilty to wire…
Security First in a Decentralized World: ZetaChain’s Collaborative Approach with Chainalysis and Halborn
In the rapidly evolving landscape of blockchain technology, security stands as a paramount concern. 2022 witnessed a surge in hacking…
Chainalysis in Action: How Law Enforcement Tracked Millions’ Worth of Illicit Bitcoin in the Harmon Brothers Cases
Within the span of a few years, two brothers from Ohio were imprisoned for cryptocurrency-related crimes. The first, Larry Dean…
Chainalysis In Action: Israeli Authorities Disrupt Hezbollah and Iran Quds Force Terrorism Financing Crypto Infrastructure, Seize $1.7 Million in First [Updated 3/26/24]
Update, 3/26/24: OFAC sanctions Al-Law, highlights cryptocurrency address previously identified by NBCTF On March 26, 2024, OFAC sanctioned Syria-based hawala…
Crypto Crime Has Hit Main Street. Here’s How Local Law Enforcement Can Take Action.
There’s a common misconception that tackling cryptocurrency-based crime is solely in the domain of large national-level law enforcement agencies or elite cybercrime units.
$30 Million Seized: How the Cryptocurrency Community Is Making It Difficult for North Korean Hackers To Profit
One of the most troubling trends in crypto crime right now is the stunning rise in funds stolen from DeFi…
Chainalysis Takes the Stand: How Expert Testimony Helped Convict the Creator of Two Fraudulent ICOs
On July 21, 2022, Ryan Felton pleaded guilty to multiple counts of wire fraud, securities fraud, and money laundering. Here’s how Chainalysis testimony helped secure his guilty plea.
Chainalysis In Action: How FBI Investigators Traced DarkSide’s Funds Following the Colonial Pipeline Ransomware Attack
This blog is a preview of our 2022 Crypto Crime Report. Sign up here to download your copy now! On May 7,…
Chainalysis in Action: OFAC Sanctions Russian Cryptocurrency OTC Suex that Received Over $160 million from Ransomware Attackers, Scammers, and Darknet Markets
Want to learn more about the sanctions against Suex and what this means for the larger fight against ransomware? Watch…
Applying Counterterrorism Strategies to Ransomware
Last month, national leaders in the U.S. compared the global surge in ransomware events to the terrorism threat following the…