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Chainalysis Sues ICE Over Exclusive $94.6M Blockchain Analytics Contract to TRM Labs

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Blockchain analytics firm Chainalysis has filed a lawsuit against U.S. Immigration and Customs Enforcement (ICE), challenging the agency’s decision to award a $94.6 million contract exclusively to competitor TRM Labs. The suit alleges the procurement process was unfair and may have violated federal contracting rules, potentially impacting the competitive landscape for blockchain intelligence services.

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