Chainalysis, a serious international cryptocurrency analytics agency, is increasing its presence worldwide to embrace extra jurisdictions for its crypto investigations.

Offering companies to federal businesses just like the Inside Income Service and the FBI, Chainalysis is launching new places of work in Singapore and Tokyo to higher service clients within the Asia-Pacific area, the corporate announced on Sept. 27.

By establishing the 2 new places of work, Chainalysis is doubling down on its dedication to totally assist native crypto companies, authorities businesses and monetary establishments. The brand new places of work will function hubs for gross sales, skilled investigative companies, and coaching, the corporate’s consultant stated. Ulisse Dell’Orto, managing director of APAC at Chainalysis, will relocate to Singapore to spearhead the brand new operations because the Managing Director of APAC.

Announcing the information on Twitter, Chainalysis highlighted that the brand new places of work in APAC will function an essential location for native crypto investigations. Apparently, the agency is aspiring to be intently investigating the $200 million hack of KuCoin crypto change, which is purportedly headquartered in Singapore. Chainalysis tweeted:

KuCoin hack is one more ex that crypto exchanges, legislation enforcement & monetary establishments all around the world want investigations & compliance instruments. We’re thrilled to announce new places of work in Singapore & Tokyo to higher service clients in APAC.”

As beforehand reported by Cointelegraph, KuCoin stated in 2018 that it was headquartered in Singapore. Nevertheless, KuCoin is not licensed in Singapore and didn’t file with the Financial Authority of Singapore — which is required to function legally within the nation. It stays unclear the place KuCoin’s headquarters really are. KuCoin’s firm profile states that it “operates within the Seychelles.”

Chainalysis didn’t instantly reply to Cointelegraph’s press inquiry. This text shall be up to date pending any new data from the agency.