PETA Tikva, Israel and Tysons Corner, VA and New York, July 05, 2022 (Globe Newswire) – Celebright DI Ltd. (NASDAQ:CLBT), a global leader in digital intelligence (DI) solutions for the public and private sectors, and blockchain data platform Chainalysis have enabled clients to easily identify and assess cryptocurrency criminal activity in digital investigations. The establishment of a partnership has begun. speed up their resolution.
The use of cryptocurrencies has increased significantly in recent years. While most of its usage is for legitimate purposes, it has also been used for illegal purposes in scams, money laundering, ransomware and more. As cryptocurrency artifacts are increasingly found and can be used as key pieces, digital evidence, cryptocurrency-related knowledge and tools can be used to assist law enforcement agencies and corporations in investigating criminal activity and solving cases. access required.
Celebrite and Chainalysis together enable clients to modernize investigation by leveraging blockchain transparency. The integrated solution will provide automated, efficient skills and knowledge to identify and assess cryptocurrency risks and to correlate this information with additional elements of each case. Cellebrite’s DI Suite solution will expose accurate, real-time cryptocurrency data and insights from Chainalysis’ data platform. As a result of this collaboration, auditors, investigators, analysts and compliance officers can identify illicit cryptocurrency-related activity in one place as part of their familiar digital investigative workflow.
Cellebrite and Chainalysis are also collaborating to enable customers to bridge the cryptocurrency knowledge gap. Together they will educate clients’ internal experts by providing cryptocurrency training and testing by cryptocurrency experts, as well as providing chainalysis reactors and testing equipment for advanced cryptocurrency tracking.
“Cryptocurrency, like any other financial instrument, has become a vehicle for crime and money laundering, and with its advent, our clients are armed with state-of-the-art solutions to identify this critical category of digital evidence. Must be equipped.” Said Lior Ben-Peretz, Celebright’s chief strategy officer. “By providing our clients with an integrated cryptocurrency investigation solution, automation will accelerate their investigations and help them seamlessly uncover a wide range of digital evidence within Celebrite’s suite of digital intelligence solutions. We’re excited to partner with Chainalysis to further enhance our customers’ tools and knowledge, streamline investigations, and accelerate justice.”
Thomas Stanley, President and Chief Revenue Officer of Chainalysis, said, “We are partnering with Celebrite, the leader in digital intelligence, to extend the reach of our public and private sector customers and give them access to the solutions, training and… to provide expertise of Chainalysis. Excited to be a partner.” , “Together, Cellebrite and Chainalysis are committed to fighting blockchain crime, improving trust and transparency on the blockchain, and making cryptocurrencies safer for everyone.”
First integrated solutions are expected to be available in Q3 2022. To learn more about partnership offers, please visit:
Celebrite’s (NASDAQ:CLBT) mission is to enable its clients to protect and save lives, expedite justice and protect privacy in communities around the world. We are a leading global provider of digital intelligence solutions for the public and private sectors, empowering organizations to master the complexities of legally recognized digital investigations by streamlining intelligence processes. Trusted by thousands of leading government agencies and corporations around the world, Celebright’s digital intelligence platforms and solutions are transforming the way clients collect, review, analyze and manage data in legally sanctioned investigations. To learn more, visit www.cellebrite.com or follow us on Twitter @Cellebrite.
About chain analysis
Chainalysis is a blockchain data platform. We provide data, software, services and research to government agencies, exchanges, financial institutions, insurance and cybersecurity companies in more than 70 countries. Our data is powerful investigation, compliance and market intelligence software that has been used to solve some of the world’s most notorious criminal cases and securely improve consumer access to cryptocurrency. Backed by Accel, Addition, Benchmark, Coatue, GIC, Paradigm, Ribbit, and other leading venture capital firms, Chainalysis builds trust in blockchain to drive greater financial freedom with less risk. Visit www.chainalysis.com for more information.
Caution with forward-looking statements
This document contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are identified by the use of words such as “forecast,” “intend,” “”find,” ” aim”, “anticipate”, “desire”, “manifest”, “estimated”, “anticipate”, “could”, “possible”, “probable”, “believe”, “could” is, “predict”, “should”. ‘, ‘could’, ‘continue’, ‘expect’, ‘estimate’, ‘could’, ‘plan’, ‘approach’, ‘future’ and ‘forecast’ and other similar expressions predicting projects or future events or trends or are not statements of historical matter. Such forward-looking statements include projected financial information. Sales, earnings, performance, strategies, Such forward-looking statements regarding prospects and other aspects of Celebrite’s business are based on current expectations, which are subject to risks and uncertainties. A number of factors could cause actual outcomes or results to differ materially from those indicated in such forward-looking statements. These factors include, among others: Celebrite’s ability to keep pace with technological advances and evolving industry standards; acceptance of its solutions by law enforcement and government agencies; Celebrite’s physical dependence on Ti; Actual or perceived errors, failures, defects or errors in Celebrite’s DI Solutions; failure to maintain the productivity of Celebrite’s sales and marketing personnel, including through hiring, onboarding and retention of personnel; uncertainty about the impact of COVID-19 and macroeconomic and/or global situations, including military actions involving Russia and Ukraine; intense competition in all Celebrite markets; accidental or intentional misuse of Celebrite Solutions; Political and reputational factors relating to the business or operation of the Celebrite; risks associated with market opportunity forecasting and market growth forecasting; Celebrite’s ability to properly manage his growth; risks related to Celebrite’s credit facilities and liquidity; Celebrite’s reliance on third party suppliers for certain components, products or services; challenges associated with large transactions and long sales cycles; the risk that Celebrite’s customers will fail to meet their contractual or payment obligations; The risks associated with a significant portion of Celebrite’s business stem from government customers around the world; risks associated with Celebrite’s intellectual property; security vulnerabilities or deficiencies, including cyber attacks, security breaches, failures or disruptions of information technology systems; mistreatment or alleged mismanagement of sensitive or confidential information; The complex and changing regulatory environment associated with Celebrite’s operations and solutions; regulatory restrictions to which we are subject; the risks associated with the various corporate governance requirements applicable to Israeli companies and the risks associated with being a foreign private issuer and an emerging growth company; market volatility of the price of Celebrite shares; changing tax laws and regulations; risks associated with joint, venture, partnership and strategic initiatives; risks associated with Celebrite’s significant international operations; risks related to Celebrite’s failure to comply with anti-corruption, corporate compliance, anti-money laundering and economic sanctions laws and regulations; risks related to Celebrite’s existing systems, procedures, policies, procedures, internal controls and human adequacy for Celebrite’s current and future operating and reporting needs; and other factors, risks and uncertainties in the section titled “Risk Factors” in Celebrite’s Annual Report on Form 20-F filed with the SEC on March 29, 2022 and others as filed by Celebrite with the US Securities and Exchange Commission have been submitted and are required in the documents. “SEC”), available free of charge at www.sec.gov. You are cautioned not to place undue reliance on any forward-looking statement, whether as of the date of this release or otherwise. Except as required by securities laws and other applicable laws, Cellebrite undertakes no obligation to update any of its forward-looking statements, whether as a result of new information, future developments or otherwise, should circumstances change.
Director of Public Relations and Corporate Communications
Anat Aron Halborne
Vice President Investor Relations
+972 73 394 8440
chain analysis media
Senior Communications Director