Cointime

Download App
iOS & Android

Chainalysis' Head of Investigations Unaware of Scientific Evidence for Accuracy of Flagship Software, Testifies in Case Challenging Its Use in Criminal Investigations

Elizabeth Bisbee, head of investigations at Chainalysis Government Solutions, testified in a case between the U.S. government and Roman Sterlingov, the alleged creator of Bitcoin Fog, a cryptocurrency mixer used to anonymize bitcoin transactions. Chainalysis’ Reactor software was used to track cryptocurrency payments in Sterlingov’s criminal investigation, and is now being challenged by Sterlingov’s defense. Bisbee was unable to provide the court with statistical error rates for Chainalysis’ Reactor software and denied being aware of any scientific evidence for its accuracy. Chainalysis reportedly judges its software’s accuracy using customer feedback.

Comments

All Comments

Recommended for you