{"id":154575,"date":"2023-09-13T00:26:06","date_gmt":"2023-09-12T18:56:06","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=154575"},"modified":"2023-09-13T00:26:06","modified_gmt":"2023-09-12T18:56:06","slug":"petition-hopes-to-stop-us-government-agencies-from-using-chainalysis-forensics-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/petition-hopes-to-stop-us-government-agencies-from-using-chainalysis-forensics-crypto-news\/","title":{"rendered":"Petition hopes to stop US government agencies from using Chainalysis\u2019 forensics – Crypto News"},"content":{"rendered":"
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A petition was created on Change.org on Sept. 12 to oppose the use of Chainalysis forensic services by federal agencies. The petition questioned Chainalysis\u2019 accuracy and raised legal issues related to the activities of the blockchain data analysis firm.\u00a0<\/p>\n

The petition, started by \u201cStop Chainalysis,\u201d stated that Chainalysis\u2019 software assists law enforcement crime prevention efforts \u201cby linking the real world to crypto payments.\u201d It stated:<\/p>\n

\u201cIt is our belief that the use of non-scientifically proven software and alleged inaccurate methodologies to implicate individuals in the occurrence of crimes puts the people\u2019s right to financial privacy at risk.\u201d <\/p><\/blockquote>\n

The petition claimed that Chainalysis\u2019 findings do not meet the Daubert Standard for expert testimony in U.S. courts established by the U.S. Supreme Court in 1933, that its error rate is unknown, that it has not been subject to peer review, and that it uses potentially faulty methodology.<\/p>\n

Related: Chainalysis exec touts blockchain analysis to Senate homeland security committee<\/a><\/em><\/strong><\/p>\n

The technical problems with the service lead to potential privacy violations, the petition argued:<\/p>\n

\u201cAs anyone can be implicated by such software regardless of their involvement in criminal activity, individuals and entities cannot expect that their financial information is kept private.\u201d<\/p><\/blockquote>\n

The use of unreliable technology constitutes a violation of the Fourth Amendment requirement of probable cause for the issuance of a warrant for search and seizure and the Bank Secrecy Act, to which exceptions are granted based on the presence of suspicious activity, it said.<\/p>\n

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Hey @chainalysis<\/a>, next time you try to call someone unqualified for being denied a FED membership, maybe make sure that the very letter of denial doesn’t cite insufficiencies to prevent AML violations in your own software as a reason for rejection https:\/\/t.co\/eqv7KtXcU7<\/a> pic.twitter.com\/i6wh8qJy4E<\/a><\/p>\n

\u2014 L0la L33tz (@L0laL33tz) September 9, 2023<\/a><\/p><\/blockquote>\n

The petition listed seven U.S. federal agencies that had used Chainalysis\u2019 services.<\/p>\n

The petition was first publicized<\/a> by Lola Leetz, a pseudonym stylized as L0la L33tz, who has been a vocal critic of the company. She is not alone in her criticism. In August, CipherTrace director of investigations and intelligence Jonelle Still submitted a report in the case<\/a> of the United States v. Roman Sterlingov that claimed Chainalysis’ technology was used incorrectly to link Sterlingov to the Bitcoin Fog cryptocurrency mixer. <\/p>\n

Magazine: Tornado Cash 2.0: The race to build safe and legal coin mixers<\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

A petition was created on Change.org on Sept. 12 to oppose the use of Chainalysis forensic services by federal agencies. The petition questioned Chainalysis\u2019 accuracy and raised legal issues related to the activities of the blockchain data analysis firm.\u00a0 The petition, started by \u201cStop Chainalysis,\u201d stated that Chainalysis\u2019 software assists law enforcement crime prevention efforts […]<\/p>\n","protected":false},"author":2,"featured_media":154576,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-154575","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/154575","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=154575"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/154575\/revisions"}],"predecessor-version":[{"id":154578,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/154575\/revisions\/154578"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/154576"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=154575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=154575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=154575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}