Bit2Me sets up specialized unit to help law enforcement track down crypto assets
Crypto exchange Bit2Me has launched a specialized unit called Bit2Shield to assist law enforcement with blockchain forensics and asset seizures. The unit will provide technical support for investigations, fraud detection, and the management of seized digital assets.
Why it matters
This move highlights the growing integration of private crypto firms into public sector financial crime enforcement and regulatory compliance.
The new unit, Bit2Shield, is legally registered as CryptoShield S.L and will assist investigators during searches and seizures by extracting wallet data, locating crypto and producing digitally signed forensic reports for use in court, Bit2Me said in a statement shared with CoinDesk.
Bit2Shield will also investigate fraud, certify the source of funds and train police officers, judges and banks.
The move formalizes work Bit2Me was already carrying out for public authorities. The company processed 1.5 million euros ($1.74 million) of seized crypto in 2025 for agencies including Interpol, Europol and Spanish police. It used blockchain analytics firm Chainalysis to trace the assets before converting them into euros for the state.
Bit2Shield will arrange for seized assets to be stored in cold wallets that require multiple signatures and arrange their sale when ordered by authorities. The proceeds will be sent in euros to government bank accounts.
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