Well, I think the open part is covered. It's an open block chain and it's not surprising to have analysis tools to work with the blockchain. These types of tools are used by exchanges, federal agencies, even divorce lawyers.
The geolocation part is still not clear to me. They claim to not have sold customer data, so that means said data is on the blockchain itself, or can be derived from it. If that reading is correct, even the word "selling" is incorrect.
Further, an open financial system does not mean a total lack of regulation or tracking of bad actors. I would also assume that "economic freedom" is less applicable to criminals, assuming the tool is used for that.
The geolocation part is still not clear to me. They claim to not have sold customer data, so that means said data is on the blockchain itself, or can be derived from it. If that reading is correct, even the word "selling" is incorrect.
Further, an open financial system does not mean a total lack of regulation or tracking of bad actors. I would also assume that "economic freedom" is less applicable to criminals, assuming the tool is used for that.