Merkle Science and Carahsoft Partner to Combat Illicit Crypto Activity
June 19 2024 - 9:00AM
Merkle Science, the leading predictive crypto risk intelligence
platform, and Carahsoft Technology Corp., The Trusted Government IT
Solutions Provider®, today announced a partnership to equip U.S.
Government agencies with advanced tools to counter illicit activity
within the cryptocurrency space. Under the agreement, Carahsoft
will serve as Merkle Science’s public sector distributor, making
its crypto forensics solution, Tracker, available to the public
sector through Carahsoft’s reseller partners and NASA Solutions for
Enterprise-Wide Procurement (SEWP) V, Information Technology
Enterprise Solutions – Software 2 (ITES-SW2) and National
Association of State Procurement Officials (NASPO) ValuePoint
contracts. The partnership marks a significant step forward in
addressing the evolving challenges posed by criminal exploitation
of digital assets.
“As illicit actors increasingly
gravitate towards Ethereum Virtual Machine (EVM) chains such as
Tron, a blockchain-based operating system, the need for effective
solutions to detect and investigate criminal behavior has become
paramount,” said Mriganka Pattnaik, CEO of Merkle Science. “Our
partnership with Carahsoft ensures that Government agencies have
access to reliable tools capable of swiftly identifying and
attributing illicit activity, including providing support in
emerging areas such as Tron investigations, demixing and
cross-chain bridges, with high-quality attribution.”
Criminals today are leveraging
cross-chain bridges and mixers to obfuscate their trails, making
traditional investigative methods less effective. This underscores
the importance of strengthened public and private partnerships to
decipher between illicit activity and funds sent to conflict zones
for legitimate causes. Merkle Science’s Tracker solution offers the
ability to track and trace cryptocurrency transactions with several
additional features. These include tools to navigate DeFi and smart
contact crimes, analyze chain hopping, accelerate investigations
and more. With Tracker, Government agencies gain enhanced coverage
for EVM chains and Tron, 24/7 monitoring and real-time alerting and
access to on-demand investigators and training.
“The rapid growth of criminal
cryptocurrency activity poses a significant threat to national
security and financial stability,” said Steve Jacyna, Director of
Emerging Cybersecurity Solutions at Carahsoft. “Merkle Science's
platform offers advanced insights, attribution and coverage of EVM
chains, enabling Government agencies to crack even the most complex
cases. Carahsoft and its reseller partners are excited to bring
these capabilities to the public sector through our partnership,
ensuring that Government agencies have the solutions they need to
combat crypto crime effectively.”
Merkle Science’s solutions are
available through Carahsoft’s SEWP V contracts NNG15SC03B and
NNG15SC27B, ITES-SW2 Contract W52P1J-20-D-0042 and NASPO ValuePoint
Master Agreement #AR2472. For more information, contact the
Carahsoft team at (888) 662-2724 or merklescience@carahsoft.com; or
sign up for Merkle Science's Crypto Investigator Certification
course to learn more about crypto investigation strategies.
About Merkle ScienceMerkle Science is a
predictive crypto risk intelligence platform that enables crypto
companies, financial institutions, and government agencies to
detect illegal activities involving cryptocurrencies. By leveraging
blockchain transaction monitoring and forensic analysis, Merkle
Science provides actionable insights to mitigate ever-evolving
crypto crime risks. Learn more at www.merklescience.com.
ContactMriganka Pattnaik(917)
331-3415mriganka@merklescience.com
About CarahsoftCarahsoft Technology Corp. is
The Trusted Government IT Solutions Provider, supporting Public
Sector organizations across Federal, State and Local Government
agencies and Education and Healthcare markets. As the Master
Government Aggregator® for our vendor partners, we deliver
solutions for Law Enforcement Technology, Cybersecurity,
MultiCloud, DevSecOps, Artificial Intelligence and Machine
Learning, Open Source, Customer Experience and Engagement and more.
Working with resellers, systems integrators and consultants, our
sales and marketing teams provide industry leading IT products,
services and training through hundreds of contract vehicles. Visit
us at www.carahsoft.com.
ContactMary Lange(703)
230-7434PR@carahsoft.com