Weiss Crypto Ratings has published a post on Twitter, criticizing the famous DLT analytical agency, Chainalysis. The former has criticized the latter for spying on regular users and getting paid for that.

Earlier this week, Chainalysis co-founder mentioned that full transparency is not good for crypto, while the firm had previously supported privacy. Weiss Crypto ratings describes this as a hypocrisy on the part of Chainalysis.

Full transparency is not ideal for #cryptocurrency, says #Chainalysis exec, no doubt while counting the money the governments gave them to spy on people using public open #blockchains. The hypocrisy is strong with this one. — Weiss Crypto Ratings (@WeissCrypto) February 14, 2020

Weiss Crypto Ratings has presented information from public records that within 5 years Chainalysis has received more than $10 million from the US government for spying on people using public blockchains. The tweet claims Chainalysis is about to receive $14 million more.

Public records show #Chainalysis made +$10 m in 5 years from the U.S. government and stands to take in +$14 m more. Government institutions are the only ones who want stronger surveillance on #blockchain. This will only make privacy tech on public open blockchains more robust. — Weiss Crypto Ratings (@WeissCrypto) February 12, 2020

Weiss Ratings claimed that government institutions are the only agencies interested in sponsoring surveillance of the blockchain. It added that, this state of things will only make privacy tech on public open blockchains more robust.

Chainalysis is the major source of data for authorities such as the FBI and IRS. Weiss Ratings claims that speaking against privacy and decentralization is easy, especially when you get paid by the government.