At a meeting with Vladimir Putin, Director of Rosfinmonitoring Yuri Chikhanchin reported on the development of a service for tracking cryptocurrency transactions related to criminal activities.
The system was named “Transparent blockchain” and allows you to track and analyze cryptocurrency transactions, as well as identify the participants in the operation. At the same time, the official did not say which blockchains the service works with.
“We, together with law enforcement agencies and the Academy of Sciences, first of all developed a digital service that allows us to analyze crypto transactions. This will enable us to track these transactions in cryptocurrency, and most importantly, we are now working out signs and criteria that, in the general flow of transactions, could show us where the crime is. There are already criminal cases, ”Chikhanchin said.
He stressed that when developing the service, Rosfinmonitoring worked with foreign colleagues, including those from Finland, Luxembourg, Liechtenstein, Belarus and Malta. Chikhanchin also spoke about the department’s struggle with various cryptocurrency fraudulent firms:
“Taking into account the fact that several incomes of the population have fallen, various companies have emerged that offer the opportunity to make money quickly. In particular, together with the bank, the General Prosecutor’s Office, the Ministry of Internal Affairs and the FSB, the activity of the foreign company Antares Limited, which offered to invest money, invest in cryptocurrency, was suppressed.
The development of a system for tracking cryptocurrency transactions became known last summer. Then it was reported that 760 million rubles would be spent on the development of the service.
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