Sandy Springs proposes $14,260 grant application for cryptocurrency-tracing software

Sandy Springs staff recommends joining a federal Justice Assistance Grant application to obtain a $14,260 allocation for blockchain-analysis software. Council's Oct. 6 agenda includes an agreement with Atlanta, which would submit the joint application and serve as fiscal agent.

The proposed $15,000 purchase would provide one year of analysis and investigative tracing software for the Criminal Investigations Division. It would replace a platform that supports a limited number of cryptocurrencies and cannot follow funds through decentralized exchanges. The package includes vendor training, certification and three additional triage licenses; police funds would cover the estimated $740 balance.