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Crypto exchange Kraken unveiled figures on law enforcement inquiries, revealing nearly 5,000 data requests spanning 69 countries in the past year. 
<a href="https://crypto.news/tag/kraken/" target="_blank" rel="noreferrer noopener">Kraken</a> revealed in a <a href="https://blog.kraken.com/news/announcing-the-2023-kraken-transparency-report" target="_blank" rel="noreferrer noopener">blog post</a> on Monday it had received a total of 4,923 data requests in 2023, with the U.S. issuing the highest number at 1,393, consistent with figures from 2022. Among U.S. agencies, the Federal Bureau of Investigation (FBI) emerged as the most active, accounting for over 33% of all requests. 
Despite representing only 1.8% of total U.S. agency requests, the U.S. Securities and Exchange Commission was responsible for nearly 60% of all regulatory agency requests within the country, according to Kraken. The exchange noted a notable increase of 33% in combined global law enforcement and regulatory agency requests in 2023 compared to 2022, with the British Virgin Islands and Australia experiencing the largest percentage spikes at 400% and 341%, respectively. 
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 <img loading="lazy" decoding="async" width="1024" height="622" src="https://crypto.news/app/uploads/2024/02/siudfhliuasdhf-1024x622.png" alt="US law enforcement accounted for nearly 30% of data requests in 2023, Kraken says - 29" class="wp-image-14247907">
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 Data requests by law enforcement agencies to Kraken | Source: Kraken
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<a href="https://crypto.news/tag/coinbase/" target="_blank" rel="noreferrer noopener">Coinbase</a>, another major cryptocurrency exchange, <a href="https://crypto.news/crypto-exchange-coinbase-discloses-over-13000-inquiries-from-law-enforcement-agencies-in-2023/" target="_blank" rel="noreferrer noopener">reported</a> receiving a total of 13,079 requests from law enforcement agencies between October 2022 and September 2023, marking a 6% increase from the previous year. However, Coinbase emphasized that its reported figures do not necessarily correspond to the number of requests fulfilled. 
While the extent of data provided by Coinbase to law enforcement remains unclear, the exchange stated its intention to offer “anonymized or aggregated data.” Similarly, Kraken affirmed its commitment to supplying data “when we have a legal obligation to do so.” 
In December 2023, blockchain forensic firm TRM Labs <a href="https://crypto.news/trm-labs-99-of-u-s-law-enforcement-wants-more-crypto-training/" target="_blank" rel="noreferrer noopener">released</a> findings indicating that over 60% of crypto investigations conducted by the organizations it surveyed yielded positive outcomes, with 99% of them seeking more crypto training. 
 Read more: <a href="https://crypto.news/new-york-ag-lawsuit-dcg-3-billion-genesis-settlement/"> New York extends lawsuit against DCG to $3b after Genesis settlement </a>

US law enforcement accounted for nearly 30% of data requests in 2023, Kraken says

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