Financial advisory firm AlixPartners and blockchain analytics firm Chainalysis have partnered to enhance compliance and forensic investigation services in the cryptocurrency industry. AlixPartners will join the Chainalysis Services Provider program to expand its offerings in cryptocurrency tracing, forensic analysis, compliance assessments, data analytics, and expert witness testimony. The collaboration aims to address the growing fraud and regulatory challenges in the industry, with crypto-based illicit transactions reaching $24.2 billion in 2023. AlixPartners' consultants, now Chainalysis Certified Investigators, will utilize the firm's blockchain tracing tools to improve clients' crypto tracking and compliance capabilities.
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