OKX launches fraud detection platform with Chainalysis

OKX has launched a fraud detection platform, Alterya, in partnership with blockchain analytics firm Chainalysis. According to Cointelegraph, Alterya analyzes fraudulent activity across websites and social media, linking it to financial identifiers such as cryptocurrency wallet addresses and bank accounts to detect risk signals. The platform enables exchanges to proactively block transfers to addresses implicated in fraud or issue warnings before withdrawals are processed.