XRP Scams and Hacks on Top 70 Exchanges Now Handled by Chainalysis

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Sat, 02/15/2020 - 17:49
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Yuri Molchan
Blockchain sleuth Chainalysis has made an announcement that it supports XRP from now on and is going to help investigate cybercrime cases to do with this coin
XRP Scams and Hacks on Top 70 Exchanges Now Handled by Chainalysis
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The blockchain analytical firm Chainalysis has taken to its Twitter account to make an important announcement. The blockchain sleuth now supports XRP.

The company has stated that they will be working with the top 70 exchanges identified that support XRP trading and are going to identify major scams and hacks that involve XRP.

The company promises to reveal the data within the coming weeks.

“Announcement: Chainalysis now supports XRP! We're launching with the top 70 XRP exchanges identified and plan to roll out identifications of major XRP scams and hacks in the coming weeks.”

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Earlier, U.Today reported that the financial ratings agency Weiss Ratings had criticized Chainalysis for spying on people via public blockchains and getting paid from the US government for that.

As per Weiss Ratings that cites public data, over the last five years Chainalysis has received over $10 mln for this work and is about to receive another $14 mln.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.

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