TRM Labs Wins a $95 Million Contract from the US Department of Homeland Security, Sued by Chainalysis
2026-09-01 23:51:51
According to CoinMeta, and as reported by Bloomberg, the U.S. Department of Homeland Security signed a one-year non-competitive contract worth $95 million with TRM Labs in July, aimed at providing cryptocurrency tracking software and data analysis services. Competitor Chainalysis filed a lawsuit against the Trump administration regarding this contract, alleging that the bidding process was arbitrary, capricious, and unreasonable. The U.S. Department of Homeland Security stated in a public statement that TRM Labs was the only qualified supplier.
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Source:Internet
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