Elliptic, a leading provider of blockchain analytics and data intelligence, is expanding its public sector practice in response to the increasing demand from U.S. national security and law enforcement agencies for crypto identity data. With the aim of empowering national security and investigative teams to track down bad actors and neutralize threats, Elliptic has hired Tom McDivitt as Chief Revenue Officer and Matthew Price as Public Sector Strategic Engagement Lead.
McDivitt, a US Army Veteran with extensive experience in crypto laundering, cyber threats, and open-source intelligence, brings a valuable skillset to the team. On the other hand, Price has years of expertise in conducting high-profile cryptocurrency investigations, having previously worked at the IRS-CI Cyber Crimes Unit and in the virtual currency industry. His experience includes leading cases targeting illicit mixing services, darknet markets, ransomware, exchange hacks, and national security issues.
Elliptic CEO Simone Maini emphasized the importance of the public-private sector partnership in supporting the growth of the crypto industry. Maini underlined that collaboration between these sectors is crucial for ensuring the continued success and development of the industry while effectively combating crypto-related crime. By partnering with national security and law enforcement agencies, Elliptic demonstrates its commitment to advancing the industry and uncovering illicit activity on the blockchain.
McDivitt highlighted the need for national security and law enforcement teams to rapidly scale their investigative capabilities in response to the ever-changing crypto industry. He acknowledged that the crypto identity data provided by Elliptic’s blockchain analytics and intelligence tools have become mission-critical for detecting and investigating crypto-related crimes.
Similarly, Price expressed his excitement to contribute to Elliptic’s mission by delivering operational excellence and consistent growth across the law enforcement, defense, and intelligence community markets.
As the global leader in cryptoasset risk management, Elliptic has assessed risk on transactions worth trillions of dollars, helping uncover activities tied to money laundering, terrorist fundraising, fraud, and other financial crimes. Backed by investors including J.P. Morgan, Wells Fargo Strategic Capital, SBI Group, and Santander Innoventures, Elliptic is recognized as a WEF Technology Pioneer. The company is headquartered in London with offices in New York, Singapore, and Tokyo.
The source of the article is from the blog elperiodicodearanjuez.es