Blockchain analytics firm Chainalysis has filed a lawsuit against U.S. Immigration and Customs Enforcement, or ICE, over the award of a $95 million blockchain analytics contract to rival TRM Labs. According to the report cited by Techub News, Chainalysis claims the contract was unfairly granted to its competitor. The company is asking a federal court to block the contract and require ICE to reopen the process under what it describes as full and open competition. The item was attributed to The Block. No additional details about the filing, the court, or the procurement process were disclosed in the source brief.
Blockchain analytics firm Chainalysis has sued U.S. Immigration and Customs Enforcement, or ICE, alleging that the agency unfairly awarded a $95 million blockchain analytics contract to rival TRM Labs.
In the lawsuit, Chainalysis asked a federal court to block the contract and require ICE to conduct full and open competition.
The item was attributed to The Block.
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