Blockchain analysis: Difference between revisions - Wikipedia

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== Method ==

Data in most blockchains are public meaning that anyone can harness the addresses. By using common-spend clustering algorithms, it is possible to map the spendings of certain entities on the [[blockchain]]. This is how criminals have been caught moving illicit funds using various cryptocurrencies.<ref>{{Cite web|url=https://www.forbes.com/sites/jasonbloomberg/2017/12/28/using-bitcoin-or-other-cryptocurrency-to-commit-crimes-law-enforcement-is-onto-you/|title=Using Bitcoin Or Other Cryptocurrency To Commit Crimes? Law Enforcement Is Onto You|last=Bloomberg|first=Jason|website=Forbes|access-date=2019-05-29}}</ref><ref>{{Cite web|url=https://www.inc.com/will-yakowicz/startups-law-enforcement-agencies-catch-criminals-who-use-cryptocurrency.html|title=Startups Helping the FBI Catch Bitcoin Criminals|last=Yakowicz|first=Will|date=2018-01-09|website=Inc.com|access-date=2019-05-29}}</ref>

== Uncovered cases ==

Blockchain analysis has played a role in several high interest cases. In 2018 an analysis of [[bitcoin]] transactions uncovered that there was a link between major cryptocurrency exchange [[BTC-e]] and [[Fancy Bear]].

== References ==