Compliance at Plume
How we monitor for compliance purposes
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How we monitor for compliance purposes
Plume Network prioritizes compliance with sanctions enforcement (OFAC) to ensure a secure and lawful ecosystem and also works to combat money laundering through anti-money laundering (AML) measures.
Sanctions compliance: preventing transactions with individuals, entities, or countries sanctioned by OFAC.
AML and transaction monitoring: scanning transactions for anomalies or red flags tied to fraud, laundering, or sanctions violations.
Network analysis: analyzing blockchain activity at a network level to identify high-risk participants and complex schemes.
Plume uses leading blockchain analytics providers to meet AML and sanctions requirements:
Forta: real-time AML and threat monitoring at sequencer level.
Predicate: real-time risk monitoring for protocols and apps, at smart contract and frontend level
TRM: wallet screening and threat detection for enterprise customers using Plume.
Chainalysis: wallet, transaction, and risk monitoring for EOA wallets on other chains.
Elliptic: comprehensive wallet analytics for risk management, sanction, threat actors, and crimes.
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