Add to Favourites
To login click here
Elliptic, a British firm that specializes in cryptocurrency forensics, has developed a new method of detecting money laundering on the Bitcoin blockchain using machine learning. This technique has already identified proceeds of crime, novel patterns of money laundering, and previously-unknown illicit actors. The primary application is in anti-money laundering for crypto exchanges and businesses, but it could also be used by law enforcement agencies to identify new illicit services and actors using cryptocurrencies.