US Government Paid Over $500,000 To Blockchain Oversight in 2017

US Government Paid Over $500,000 To Blockchain Oversight in 2017

For the past time, authorities all over the globe have been trying to regulate crypto markets. Among them are the governments of China, South Korea, Russia and so on. But interestingly, according to whereabouts of the deficient $650,000 of bitcoin. At that time, the firm’s representative claimed to the American member of the Senate that Chainalysis managed to find the lost Mt. Gox bitcoins. Later in summer 2017, the co-founder of the firm stated that Chainalysis was the established interrogator of Mt. Gox bankruptcy.

Good or Evil?

The company has claimed on its website that it endorses blockchain and virtual currencies. However, as it is widely accepted by governments, the perspectives of cyber money might be troubled due to privacy concerns. But, anyway, all technologies, including those which are connected with cryptos, are just a double-edged sword.

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