New tech streamlines investigations into illicit crypto use

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Law enforcement agencies in the US have been rapidly onboarding cryptocurrency investigative tools.
A new offering on the market aims to condense chains of crypto transactions into easily viewable timelines — perfect for showing to a jury, for example.
On May 18, at a conference in New York City, Jacob Illum, a chief scientist for blockchain sleuthing firm Chainalysis, announced a new investigative technology dubbed Storyline.
Launched in 2014 and with a recent funding round valuing the firm at $8.6 billion, Chainalysis is the current market leader in crypto investigations. Chainalysis’ flagship investigation tool has historically been Reactor, which visualizes crypto wallets and their transactions in extensive webs.
While Reactor aims to improve upon publicly available block explorers, in cases of more intricate transaction histories, those webs can be hard to examine. For someone less familiar with blockchains, they are difficult to decipher. This is especially true when it c

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