Chainalysis Sues US Government Over $94.6M TRM Labs Crypto Contract

Chainalysis is suing the U.S. government over a $94.6 million contract awarded to TRM Labs without a competitive bidding process, challenging the Department of Homeland Security and Immigration and Customs Enforcement's decision. The litigation could force a review of the contract award amidst previous sole-source contracts given to Chainalysis.

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