Bitfury signs former Justice Department official to promote his Blockchain tool against crime

A veteran with 11 years of experience in the US Department of Justice, will take over the reins of Crystal, a product dedicated to Bitcoin blockchain tracking from the Blockchain Bitfury service provider.

The appointment was announced by the company this Friday, where he presented Michael DuBose, a veteran in charge of the Computer Crime and Intellectual Property section of the Justice Department between 2000 and 2011, who will have the mission of promoting the product among the responsible for public order in the country and other important audiences for the company.

DuBose is optimistic in her new role in charge of Crystal, noting further that:

Crystal greatly facilitates the identification and tracking of criminal activities in the blockchain, thus providing a vital service to law enforcement agencies, financial institutions and other groups throughout the United States.

Bitfury, launched Crystal as a product in January, presenting it as a way for companies and other institutions in charge of compliance with the law to use it in tracking the transactions carried out in the Bitcoin blockchain.

One of the characteristics of the tool is to make a rating of the addresses and transactions according to the risk of the operations carried out, indicating in this way which of them may be linked to illegal activities.

The company also points out that the tool can be very useful, for the official agencies in charge of carrying out the corresponding investigations, in this type of illegal activities related to cryptocurrencies.

At the same time, Bitfury not only focuses its product on research entities, but also maintains the offer to companies that have been affected in some way by the acceptance of Bitcoin that have been linked to activities with the black market, so that they can avoid relating to this type of assets from illicit sources.