The USACIDC is looking to track and trace illicit crypto transactions. They will be working alongside the major cybercrime unit and the FBI The USACIDC (United States Army criminal investigation division command) is looking into software as a service web application to help them track and trace illicit crypto transactions. According to a recent statement of work published earlier this month on the 10th of July, the USACIDC Will be working alongside the major cybercrime unit and the Federal Bureau of investigation and will be using the application to detect activities such as fraud, money laundering and any other wrongful activity in regards to the crypto space. The organisation is taking bids for developed, tested and are ready to deploy web applications for the purpose until the 20th of July. The document further explains that the cloud application should help the USACIDC with the quick detection of any kind of suspicious and criminal activities and help identify suspicious crypto transactions. It will be interesting to see how this situation plays out. For more news on this and other crypto updates, keep it with CryptoDaily! Post fetched from this article
