Case Study: Flipster strengthens compliance and scales globally with Chainalysis

Flipster expands to 180 countries with Chainalysis

Flipster, a fast-growing crypto exchange, faced the challenge of navigating complex global regulations to sustain its rapid expansion. With a small team, they needed to enhance their capabilities for monitoring market manipulation, money laundering, and sanctions risks. To address this, they turned to the vendor Chainalysis and its Crypto Compliance solution.

By implementing Chainalysis, Flipster gained deeper insights into on-chain transactions, enabling automated monitoring and improved risk detection. The solution provided by Chainalysis increased the percentage of transactions flagged for investigation from 0.5-1% to 2-3%, aligning with industry benchmarks. This strengthened compliance program allowed Flipster to expand its global reach to 180 countries and secure new regulatory licenses.

Flipster