Chainalysis Launches 24-Hour Hotline for Crypto Crime Victims

Blockchain Research Firm Chainalysis Launchesnew hotlineTo support organizations that are targeted for cyberattacks involving Crypto or ransomware.

The Crypto Incident Response hotline will operate 24/7 and victims will be able to speak to the investigative team from Chainalysis, who will track and label the funds. If funds are transferred or stolen, the Chainalysis team will “coordinate with law enforcement and recovery advisors.”

hotline service It is separate from Chainalysis’ analytics product, with a Chainalysis spokeswoman saying that the victims were not necessarily current Chainalysis customers at the time of the attack.

Chainalysis’s head of research, Kim Grauer, said that ransomware gangs are becoming increasingly vulnerable.more complicated The average ransomware payout is up 34% in 2021 as criminals turn to bigger targets. and there was no sign of slowing down.

This 24-hour hotline program aims to make it harder for criminals to withdraw their money – and law enforcement agencies to catch them more easily.

“We invest in this service. which not only to help the organization in times of need but also help bring the offenders to justice And it shows that crypto is not an anonymous and criminal asset,” the statement said.

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