NewsHK
Against the backdrop of intensifying competition for federal blockchain analytics work, Chainalysis has taken its dispute with TRM Labs into court.
The company filed a sealed complaint against the United States challenging a $95 million contract that Immigration and Customs Enforcement awarded to TRM Labs, with the specific legal objections and the remedy sought remaining outside the public record while briefing continues.
The sealed nature of the filing limits what can be confirmed. Both the grounds for the legal challenge and the remedy Chainalysis is seeking are outside the public record.
Whether the firm is contesting the evaluation methodology, the procurement process, or some other aspect of the award remains unknown, and whether it is asking the court to void the contract, compel a re-evaluation, or provide some other form of relief is equally unclear.
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