The ability to identify the entities behind blockchain transactions could have prevented the loss of billions of dollars in crypto, claims the CEO of Arkham, a controversial company dedicated to “deanonymizing the blockchain.”

“This is exactly the kind of thing that would have been extremely valuable during every single crisis or scam,” said Miguel Morel, Arkham’s Chief Executive Officer on a Twitter Spaces today, adding that his company could counter “every piece of negative information that has destroyed the reputation of the crypto industry over the past years.”

His appearance was an attempt to address the crypto community’s wrath after the company unveiled an unsettling “dox-to-earn” program that involves trading users’ on-chain information. Doxxing is the act of revealing identifying details about individuals online against their wishes.

“Arkham basically focuses on analyzing strictly publicly available information, to then make connections about what sort of entities own which particular wallets,” he said.

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Author: Pedro Solimano

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