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Crypto Regulation

Chainalysis Sues ICE Over $94.6M Sole-Source Contract to TRM Labs

Chainalysis has filed a lawsuit against U.S. Immigration and Customs Enforcement (ICE) over the agency’s decision to award a $94.6 million blockchain analysis contract exclusively to rival TRM Labs. The suit alleges the procurement process was flawed and unfair, potentially impacting the competitive landscape of the crypto compliance sector.

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