Arkham CEO Miguel Morel responded to recent criticism that the project may leak private information, saying that “the lack of privacy is considered to be the inherent operation mode of most public chains today”, he said: “You are actually conducting transactions and sending A decentralized network of millions of people broadcasts, all of whom can see on-chain which transactions are being broadcast.
A publicly available blockchain is probably the worst way to keep private information private. “
Morel also said, “Arkham’s main clients are traders and hedge funds, people who make money by getting information about large buy and sell positions in a particular token.”