Case Study: Buda.com strengthens crypto compliance and scam prevention with Chainalysis

Buda.com empowers LATAM in the digital economy

Buda.com, a cryptocurrency exchange serving Chile, Colombia, Peru, and Argentina, needed a stronger way to combat scams and meet compliance obligations as crypto adoption grew across Latin America. To address this challenge, the company turned to Chainalysis and its KYT and Reactor solutions to add prescreening and transaction monitoring capabilities.

With Chainalysis, Buda.com was able to identify risky activity before transactions went through, alert users exposed to scams, and support law enforcement and regulators with better tracing and reporting. In the first nine months, Chainalysis helped Buda.com flag more than 1,100 scam-related cases and avoid nearly 1,500 risky transactions, while also strengthening trust for new customers and partnerships.

Buda.Com

María Jesús Bustamante

Chief Compliance Officer