• Shravya S
• Fouzia I
• Kasiba Affrien
• N Arshiya Almas
• Syed Houzaifa

Cryptoguard is a pioneering software solution designed to detect illegal activities facilitated through the use of cryptocurrency. In response to the escalating prevalence of digital currencies, the imperative to monitor and regulate transactions to prevent unlawful actions like gambling and drug purchases becomes increasingly urgent. Leveraging advanced algorithms, the software scrutinizes blockchain data, exploiting the inherent transparency of distributed ledgers to identify suspicious activities. Noteworthy is its identification of transactions involving substantial Bitcoin sums, exceeding 5 bitcoins, as potentially dubious, recognizing the heightened risk of exploitation in such cases. Through its innovative methodology, Cryptoguard emerges as a crucial instrument in combating financial crimes and upholding the integrity of the digital economy.

Cryptocurrency, Drug Purchases, Gambling, Five Bitcoin Threshold, Blockchain Data, Illegal activities

"CRYPTOGUARD: SAFEGUARDING THE CRYPTOCURRENCY ECOSYSTEM", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 5, page no.440-445, May-2024, Available :http://www.jetir.org/papers/JETIRGG06069.pdf

"CRYPTOGUARD: SAFEGUARDING THE CRYPTOCURRENCY ECOSYSTEM", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 5, page no. pp440-445, May-2024, Available at : http://www.jetir.org/papers/JETIRGG06069.pdf