Chainalysis Sues US Over $95M Sole-Source ICE Contract Awarded to Rival TRM Labs

Blockchain analytics giant Chainalysis has sued the US government over a $95 million contract. The company says ICE handed the deal to rival TRM Labs without competitive bidding. Chainalysis Government Solutions filed the challenge on July 27 in the US Court of Federal Claims. The Chainalysis TRM Labs contract targets a sole-source award granted to