Chainalysis Government Solutions filed a bid protest on July 27 at the U.S. Court of Federal Claims challenging ICE’s roughly $94.6 million sole-source contract awarded to rival TRM Labs. The one-year contract, running from July 1, 2026 through June 30, 2027, covers blockchain forensic software and support services for Homeland Security Task Force investigations. ICE justified its decision by citing a roughly six-day market-research window during which none of the eight responding companies, including four small businesses, could match TRM’s capabilities. TRM Labs entered the case on July 28 as a defendant-intervenor to defend the award alongside the government. Judge Stephen Schwartz set oral arguments for September 2 with a decision expected by September 10.
Source: Read the original article
