This start-up lets cryptocurrency firms know when terrorists are trying to raise money

Terrorist funding is just one area of illicit activity the firm's platform deals with. It's also used to track people trading child pornography and drugs, as well as hacks that result in

. Elliptic shows a different side of the crypto industry, in that its technology is seen as more favorable to financial services businesses and regulators.Smith said the cryptocurrency industry has seen more growth in the last 18 months than it has in previous years. It's enjoyed publicity from bitcoin more than doubling in value since the start of the year and

announcing plans to launch an asset-backed virtual currency called Libra, in partnership with other tech and finance firms.

Source: Digital Coin News (digitalcoinnews.net)

“One startup” absolutely not true.

Hopefully they report the IRS immediately!

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