BitMex turns to Chainalysis to solve legal woes, or at least soften the CFTC’s blow


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Share on Pinterest Share Still facing a courtroom assault in the U.S. for allegedly facilitating money laundering, BitMex is trying to show regulators that it’s trying. On Jan. 12, the legally besieged crypto exchange released a blog post advertising further work with blockchain analytics firm Chainalysis. BitMex said its aim was “to identify, investigate, and stop illicit transactions.” Chainalysis is known as a go-to solution for government entities looking to track crypto transactions. The firm has been instrumental to the Department of Justice’s seizures of cryptocurrency , including over $1 billion in Bitcoin and its offshoots from an unnamed Silk...