The new Chainalysis program aims to help sort the cryptocurrencies confiscated by Cointelegraph

In the 11 years since the cryptocurrency industry began, attackers have used digital assets for a range of illegal activities, from drug payments to money laundering. Blockchain analytics firm Chainalysis is launching a new service to help authorities track, hold and sell cryptocurrencies associated with crime after their capture. The company calls the initiative its Asset Realization Program.

“Chainalysis has created an end-to-end solution for track and trace, pre-seizure planning, management, archiving, realization and monitoring of assets seized by law enforcement”, Chainalysis general manager of the European, Middle Eastern and African region, Duncan Hoffman told Cointelegraph.