If you haven’t had a good laugh at Chainalysis’ attempts to defend the use of its blockchain forensics software for law enforcement purposes in light of recent court proceedings, now may be the time.
After having to admit to the lack of scientific evidence for the accuracy of its software and the publication of an expert report describing the use of Chainalysis’ heuristics as “reckless”, Chainalysis finds itself trying to evade an audit of its software’s source code.
Chainalysis’ source code is requested by the defense in the case US vs. Sterlingov, an early Bitcoin adopter currently awaiting trial for the alleged operation of the custodial bitcoin mixer Bitcoin Fog, to reproduce the software’s findings in light of the lack of corroborating evidence.
Sterlingov’s defense defines access to Chainalysis’ source code as “critical to Mr. Sterlingov’s due process rights given the fact neither the Government nor Chainalysis is able to produce any evidence involving Cha
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