{"id":31691,"date":"2020-11-12T18:10:55","date_gmt":"2020-11-12T16:10:55","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=31691"},"modified":"2025-08-28T04:56:40","modified_gmt":"2025-08-28T01:56:40","slug":"chainalysis-launches-program-to-sell-seized-bitcoins","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/chainalysis-launches-program-to-sell-seized-bitcoins\/","title":{"rendered":"Chainalysis launches program to sell seized bitcoins"},"content":{"rendered":"<p>The analytics firm Chainalysis is launching a programme to help government agencies store and sell seized cryptocurrency.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Following the US gov\u2019s record-breaking $1B seizure last week, we\u2019re announcing the launch of an asset realization program to help gov agencies &#038; insolvency practitioners handle, store, realize, and monitor seized assets: <a href=\"https:\/\/t.co\/aV3E3QVH9l\">https:\/\/t.co\/aV3E3QVH9l<\/a><\/p>\n<p>\u2014 Chainalysis (@chainalysis) <a href=\"https:\/\/twitter.com\/chainalysis\/status\/1326878104552402944?ref_src=twsrc%5Etfw\">November 12, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Asset Reality, a firm specialising in asset seizure management, is Chainalysis&#8217;s partner.<\/p>\n<blockquote>\n<p>\u201cAs our government partners press on in the fight against wrongdoing, assistance in recovering and realising assets is the next logical step\u201d, the statement said.<\/p>\n<\/blockquote>\n<p>Authorities in the United States had previously sold seized bitcoins at auction. In June, the U.S. Marshals Service issued a request for proposals to appoint a contractor to oversee digital assets from seizure to eventual sale.<\/p>\n<p>Chainalysis unveiled the new solution after November 3, when the U.S. Department of Justice <a href=\"https:\/\/u1f987.com\/en\/news\/u-s-authorities-seize-silk-road%e2%80%91linked-bitcoin-worth-more-than-1-billion-69370-btc\">confiscated<\/a> 69,370 BTC linked to Silk Road. The company aided authorities in tracing 54 transactions.<\/p>\n<p>In October, Chainalysis <a href=\"https:\/\/u1f987.com\/en\/news\/chainalysis-doubles-revenue-on-the-back-of-rising-u-s-authorities-interest-in-cryptocurrencies\">reported<\/a> revenue growth amid heightened demand for cryptocurrency-transaction-tracking tools from law enforcement agencies.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forkloglive\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog FEED<\/a> \u2014 the full feed of news, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The analytics firm Chainalysis will launch a program to help government agencies store and sell seized cryptocurrency.<\/p>\n","protected":false},"author":1,"featured_media":31692,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[274,1172,26],"class_list":["post-31691","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-chainalysis","tag-seized-bitcoins","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"12","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/31691","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=31691"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/31691\/revisions"}],"predecessor-version":[{"id":31693,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/31691\/revisions\/31693"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/31692"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=31691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=31691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=31691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}