OKX Deploys Chainalysis Alterya To Block Scams

Cryptocurrency exchange OKX has deepened its collaboration with Chainalysis by integrating Alterya, an AI fraud-prevention tool that blocks suspicious transfers to scam addresses before they occur. Alterya merges with Chainalysis’s KYT, oversees over $23 billion in monthly transactions, and has helped thwart more than $300 million in potential losses, a move expected to reduce APP fraud and strengthen user trust.