POPA ReconChainalysis Sues US Over $95M ICE Deal to TRM Labs
Chainalysis Sues US Over $95M ICE Deal to TRM Labs Chainalysis is suing the US government after ICE handed a sole-source, roughly $95M blockchain-forensics contract to rival TRM Labs without open competition. Chainalysis Government Solutions filed the bid protest on July 27 in the US Court of Federal Claims, arguing ICE's decision to skip competition was "arbitrary, capricious, and unreasonable." It says it submitted a capability statement showing it could provide the same forensic software and support that ICE sought to buy solely from TRM. The complaint itself remains under seal because it…
The excerpt is quoted from a public Telegram channel, which owns its text.