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Chainalysis accuses US ICE of unfairly steering $95 million blockchain contract to TRM Labs
The lawsuit, filed publicly Friday, asks a federal court to block the $95 million contract awarded to TRM Labs and require ICE to conduct a full and open competition. Chainalysis alleges that the U.S. Immigration and Customs Enforcement (ICE) judged it against undisclosed requirements, some of which closely tracked TRM Labs' existing products and commercial relationships. The contract, for forensic software and support services, is set to run from July 1, 2026, through June 30, 2027.
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