Ex-special agent raises $4M for her crypto cybersecurity startup

CAT Labsa start-up founded by a former special agent of the DoJ who develops tools to fight against the cybercrime in the sector cryptohas just completed a round of financing of 4.3 million dollars.

Based in Miami and recently in operation, CAT Labs Develops digital asset recovery and cybersecurity tools to help governments combat cybercrime.

Read:  The future of crypto influencers hangs on a Senate vote

The startup was spurred on by a former special agent of the U.S. Department of Justice. Lilita Infantewho says she discovered Bitcoin in 2012 on a TV show, has spent more than a decade working for the U.S. government. Among other things, she founded the first federal task force focused on cryptocurrencies.

This Tuesday, CAT Labs announced its official launch and a fundraising of 4.3 million dollars. The company’s funding round attracted several large and well-known players in the crypto ecosystem with Castle Island Ventures, Brevan Howard Digital and CMT Digital among others.

Crypto has made it very easy to monetize hacks, scams and fraud. There are still many gaps in law enforcement investigative technology,” the former special agent said in an interview with Fortune.

CAT Labs focuses on designing services and tools for government agencies around the world as well as for the private sector.

Read:  Coinbase wants to create a crypto-exchange abroad : Bloomberg

Several blockchain startups, such as Chainalysis and Elliptic, are already helping governments track crypto-criminals.

Follow Corners.en on Twitter, Linkedin, Facebook or Telegram to not miss anything.

The Best Online Bookmakers May 19 2024

BetMGM Casino