đš JUST IN: CHAINALYSIS IS TAKING THE U.S. GOVERNMENT TO COURT OVER A $94.6 MILLION CRYPTO CONTRACT.
Chainalysis is challenging an ICE contract awarded to rival TRM Labs.
The company says the deal was awarded without competition and received only a single bid calling the decision âarbitrary, capricious, and unreasonable.â
Now TRM Labs has joined the case to defend the contract.
And the deadline is getting close.
A ruling is expected by September 10.
This isnât just a legal fight.
Itâs a battle over who gets to power U.S. government crypto investigations and potentially tens of millions of dollars in future contracts.
The outcome could have major implications for the blockchain intelligence industry.
#Crypto #Bitcoin #Chainalysis #TRMLabs #Blockchain
Chainalysis is challenging an ICE contract awarded to rival TRM Labs.
The company says the deal was awarded without competition and received only a single bid calling the decision âarbitrary, capricious, and unreasonable.â
Now TRM Labs has joined the case to defend the contract.
And the deadline is getting close.
A ruling is expected by September 10.
This isnât just a legal fight.
Itâs a battle over who gets to power U.S. government crypto investigations and potentially tens of millions of dollars in future contracts.
The outcome could have major implications for the blockchain intelligence industry.
#Crypto #Bitcoin #Chainalysis #TRMLabs #Blockchain