Arkham ‘deanonymizes blockchains,’ obscures its own ARKM token sales
The slogan for Arkham Intelligence is ‘Deanonymizing the Blockchain’ — providing public access to real names associated with crypto wallets. On its social media, the company periodically doxxes blockchain wallets, naming sales and holdings by individuals like Donald Trump or companies like Tesla, NYDIG, Marathon, or ETF sponsors. Last week, however, Arkham moved millions of dollars worth of its proprietary token ARKM into a number of third-party wallets — a move that will make it difficult to trace those token s’ ownership and sale on the blockchain . On July 17, Arkham admitted that it intended to move ARKM to ‘an intermediary address.’ Later, that wallet would transfer tokens to ‘Coinbase Custody addresses.’ Coinbase Custody is ‘directly integrated’ with Coinbase’s over-the-counter (OTC) trading desk. Moreover, price and trade confirmations inside Coinbase Custody may occur before moving funds. Although funds held at Co...