As part of our long-term partnership with Chainalysis, we are deepening our integration with this leading blockchain intelligence provider to bolster our ability to identify, investigate, and stop illicit transactions. By layering Chainalysis’ highly regarded KYT (Know Your Transaction) screening capabilities over our existing processes, we are broadening our compliance capabilities to continue to ensure the BitMEX platform is as secure as possible.
Chainalysis is a global data, software, services, and research provider trusted by government agencies, exchanges, financial institutions, and insurance and cybersecurity companies. Their technology reinforces our transaction monitoring and anti-money laundering detection capabilities by detecting and flagging risky or suspicious activity.
Malcolm Wright, Chief Compliance Officer of 100x Group, said: “As a responsible player in the crypto space, it’s imperative for us to maintain a well-rounded, agile compliance function to detect bad actors and illicit transactions. Chainalysis offers a highly innovative solution that supports our vigilance to these threats, and we are glad to partner with them.”
Jonathan Levin, Co-founder and Chief Strategy Officer of Chainalysis said: “100x has made great strides with its compliance efforts, and Chainalysis is enhancing their ability to detect and stop illicit transactions on the BitMEX platform. This partnership reflects our dedication to protecting the integrity of exchanges and their users.”
We also recently partnered with Refinitiv and Eventus to enhance our compliance function. Please contact Support if you have any further queries.