US federal law enforcement are using the blockchain to track financial crime
Federal law enforcement officials have said that the are increasingly using blockchain analysis and other techniques to trace illegitimate transactions conducted in Bitcoin and other cryptocurrencies, but that they need companies to put in place effective anti-money laundering controls in order to help them fight crime. Kathryn Haun, an assistant US attorney who heads digital currency regulatory initiatives in northern California, said in reference to a case, that,&ldquo;At first, we thought we were looking at one person. It was the blockchain that allowed us to see there were different patterns, different trade craft being employed&rdquo;.
By Evan Weinberger (September 10, 2015, 2:17 PM EDT) -- Federal law enforcement officials on Thursday said they are increasingly using blockchain analysis and other techniques to trace illicit transactions using bitcoin and other virtual currencies, but that they need companies to put in place effective anti-money laundering controls in order to do their work....

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