CipherTrace Develops Monero (XMR) Tracking Tool for the US Security Agency

Leading cryptocurrency intelligence company CipherTrace has developed a tool that will enable the United States Department of Homeland Security (DHS) to track illicit transactions involving Monero (XMR).  The cryptocurrency intelligence company made this known today in a press release stating that the newly developed forensic tool would help the security agency eliminate the difficulties associated with tracking XMR transactions.  According to CipherTrace, the tool has been integrated with its Inspector financial investigations product and equipped with several functions, including transaction search, exploration, and visualization tools of all Monero transactions.  The firm noted that the tracking tool would also help restore the