- The FBI released a request for proposal.
- The request is for software that can be used for the detection of illicit crypto use.
- The FBI recently launched a crypto crime unit.
The Federal Bureau of Investigation (FBI) recently released a request for proposals (RFP). In this request, the organization asked for the supply of cutting-edge software to track the illegal use of cryptocurrencies. The Criminal Investigative Division (CID) says that they are looking for new software because of changes in the usage of virtual currency by illicit actors.
Moreover, the FBI said that they are looking for modern tracking and analysis tools that are competent enough to keep up with fast, ever-changing technologies that are used by illegal entities to avoid detection by law enforcement.
In particular, the RFP needs the private contractor to provide software for virtual currency tracing, graphing, clustering, and attribution of virtual currency transactions. Also, the RFP calls for software that can support tracing of virtual currencies that compri ...