OKX integrates Chainalysis Alterya to combat crypto fraud Cryptocurrency exchange OKX has expanded its partnership with blockchain analytics firm Chainalysis by implementing Alterya, an advanced AI tool designed to prevent fraudulent activities before they occur. This proactive approach allows OKX to block suspicious transfers to known scam addresses in real time, marking a significant shift toward preventing financial crimes rather than addressing them after the fact. Alterya analyzes transaction patterns across crypto wallets and traditional bank accounts, identifying emerging scam networks and money mules involved in authorized push payment fraud. The system integrates with Chainalysis's Know Your Transaction platform for comprehensive pre-withdrawal verification.
