PANews|Aug 17, 2026 01:19
[Chainalysis Sues U.S. Government Over Exclusive Contract, TRM Labs Voluntarily Joins as Co-Defendant]
Chainalysis Government Solutions has filed a lawsuit against the U.S. government in the U.S. Federal Claims Court over an exclusive contract. Chainalysis alleges that the Department of Homeland Security/Immigration and Customs Enforcement (DHS/ICE) bypassed the standard competitive process and directly awarded the contract to TRM Labs. They are requesting the court to block this action. TRM Labs has joined the lawsuit as an intervenor to defend the awarding of the contract, with oral arguments scheduled for September 2. The U.S. Federal Claims Court handles nationwide claims against the U.S. government, typically involving contract disputes and bid protests.
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