Cryptocurrency exchange Kraken sees 49% yearly increase in law enforcement information requests

Jan 7, 2020😶Neutral

In its yearly compliance report, cryptocurrency exchange Kraken says that global data requests from law enforcement agencies in 2019 are up 49 percent over 2018.

The crypto exchange says it received a total of 710 information requests in 2019 which impacted 1,222 accounts.

Across 2019, law enforcement agencies from the US made 432 information requests. The US was followed by law enforcement agencies from Great Britain which made 86 requests.

While Kraken has provided a small snapshot, it's probably fair to say that the growth in requests from law enforcement agencies is indicative of an industry wide trend.

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