How the analysis chain turned into encryption criminals to major business

When Levin participated in the establishment of a series in 2014, most people did not hear about Bitcoin and understood much fewer Blockchain. This included almost every person in law enforcement. However, this began to change when the agents began to investigate the so -called dark websites where a wide range of illegal goods and services can be purchased and pushed for the use of bitcoin.

Soon after the start of Levin’s first agent: the US agency known as the alcohol, tobacco and firearms office. ATF agents asked Levin to come from England and show them how bitcoin – from being unknown – hand over an uncomfortable trail with the transfer of money from a portfolio to a wallet, and provide evidence about the site and is often the identity of the criminal actors.

CHINALYSIS has helped track the potential Hitmen steps to land on its first contracts, which Levin says has been paid as credit card expenses instead of a contract of a full contract. However, Business was really launched when a startup company showed us an application of the law application how its tracking tools can help identify the perpetrators of MT. Gox Hack, a notorious event in the first days of encryption that the Russian criminals witnessed a large part of Bitcoin and then in trading.

“We helped them know where the money went, and when we discovered that the money was actually stolen from the stock exchange, it is clear that law enforcement agencies in the United States were very interested in discovering the place where this money went and how it was washed.”

Today, it includes a series of difference on Earth in more than 30 countries, and works with about 330 government agencies around the world. The company also has a set of flourishing works that meet the needs of the private sector, assist companies in compliance, more generally, keep the bad guys on their platforms. It helped all of this to raise more than $ 536 million in financing, and to achieve billions of dollars in a position that allows it to allow the public.

The encryption world has changed dramatically because Levin helped ATF agents to chase Hitmen on the dark web. It is clear that it is not primarily seen as a tool for criminals, but instead as a prevailing technology used by banks, brokerage firms and Fortune 500 companies. However, this criminal component remains, and the tactics of bad actors have become more advanced, which means that the Blockchain investigator’s work for companies like Chainalysis is still as always as it was always.

To hear the full interview with Levin and a broader date of criminals and encryption, check the entire PlayBook episode Spotifyand apple or YouTube.