Chainalysis Says They’ve Found the Missing $1.7 Billion Dollar Mt Gox Bitcoins

U.S. officials and blockchain company representatives held a subcommittee hearing on the implications of virtual currencies and illicit financing on June 8. Members of the blockchain subcommittee who testified at the congressional hearing include Jerry Brito (Coin Center), Scott Dueweke (Identity and Payments Association), Kathryn Haun (Stanford Law School), Jonathan Levin (Chainalysis), and Luke Wilson (Elliptic). Both Chainalysis and Elliptic are blockchain monitoring companies that are well known for helping law enforcement with digital currency surveillance.

“This hearing will explore terrorists and illicit use of financial technology (FinTech), the national security implications of virtual currencies such as Bitcoin, and the use of “blockchain” technologies to record transactions and uncover illicit activities,” details the congressional memo.

Read more here: https://news.bitcoin.com/chainalysis-says-theyve-found-the-missing-1-7-billion-dollar-mt-gox-bitcoins/