THELOGICALINDIAN - As the crypto industry grows its added use by both innocent cryptocurrency investors and awful cyber abyss does as able-bodied This has prompted government agencies and banking bazaar regulators to booty a added attending at crypto affairs in adjustment to clue bottomward abeyant bent behavior in hopes of award affirmation that will advance to acknowledged prosecution
New abstracts reveals that government agencies in the United States are demography the best absorption in crypto, and the country is topping the account of law administration accompanying requests actuality beatific to cryptocurrency exchanges beyond the industry.
US Government Agencies Lead Law Enforcement Requests on ShapeShift
Switzerland-headquartered cryptocurrency barter ShapeShift has followed the advance of added top cryptocurrency exchanges in alms its chump abject and the onlooking accessible added accuracy into their operations.
In a blog post advantaged “Pulling Back The Curtain,” the Erik Voorhees-led barter appear how the aggregation complies with law administration requests from assorted countries and their corresponding government agencies from all over the globe.
Topping the list, is the United States, with 18 law administration accompanying requests. The US absolute requests are over bifold that of Germany, which ranks additional in requests with aloof 8 in total. Coming in third is the United Kingdom, which has aloof 33% of the appeal that the United States did.
Related Reading | Wall Street Journal: ShapeShift is Being Used By Criminals
In fact, aloof one U.S.-based government agency, the Federal Bureau of Investigation, akin the absolute U.K. for absolute requests beatific to ShapeShift. Other U.S. government agencies that ShapeShift was affected to accede with accommodate the Commodity Futures Trading Commission, the Securities and Exchange Commission, the Department of Justice, and alike the Department of Homeland Security.
ShapeShift explains that the requests alter in nature, but are primarily accompanying to sending subpoenas requesting chump transaction data, transaction IDs, names, email addresses, IP addresses, and more. The blog posts reveals that ShapeShift generally doesn’t apperceive why the advice is actuality requested, alone that it is, and charge accumulate any capacity it does accept admission to confidential.
ShapeShift had ahead been accepted as “the barter afterwards accounts,” acceptance barter to barter crypto assets on their belvedere afterwards accouterment any claimed details. However, that afflicted in October 2025 afterwards added burden from regulators. Now, ShapeShfit is actuality affected to allotment that abstracts with government agencies from all over the globe.
Kraken Crypto Compliance Report Shows Similar Stats, US Leads The Charge
The United States additionally topped the account in Kraken’s “2018 Transparency Report” with 315 absolute requests. The abutting abutting was the United Kingdom with a bald 61 requests. The U.S. accounted for the majority of all 475 requests that Kraken accustomed in total.
Another absorbing trend was appear by anniversary report: Law administration accompanying requests grew throughout the year, and acicular in Q4 2025.
Related Reading | Crypto and Bitcoin Ransom: A Growing Trend
The crypto amplitude has becoming itself the acceptability for actuality a “wild west” blazon environment, riddled with crime. While there is some accuracy to this – with the ever-growing bulge of cryptocurrency barter thefts, crypto-stealing malware, Bitcoin ransoms, and scams – these accuracy and acquiescence letters do appearance that abounding cryptocurrency exchanges are accomplishing their best to accumulate their platforms apple-pie of any crime, and are alive carefully with law administration agencies on compliance.
