

Tron, Tether, and TRM Labs Join Forces to Create T3 Financial Crime Unit Targeting USDT-Related Scams
This T3 Unit is a collaboration between Tron, a blockchain network; Tether, the company behind the stablecoin; and TRM Labs, a firm that specializes in blockchain intelligence.
Tron, Tether, and TRM Labs have joined forces to create T3 Financial Crime Unit (T3 FCU), a group aimed at reducing illegal activities involving USDT (popular stable coin) on the Tron Blockchain. This initiative is taken up to make the crypto world safer by tracking down scams and other illegal activities.
What is T3 Financial Crime Unit?
This T3 Unit is a collaboration between Tron, a blockchain network; Tether, the company behind the stablecoin; and TRM Labs, a firm that specializes in blockchain intelligence. TRM’s blockchain intelligence helps to identify and flag suspicious activity, while Tether and Tron’s teams take action based on those findings.
As Tron Blockchain is widely used with over 247 million user accounts and 8 billion transactions processed. This makes it the target for illegal activities such as money laundering and scams.
In fact, in 2023, USD on Tron encountered 19.3 billion illicit transactions which is 1.63% of its total volume.
Early Success and Future Impact
To stop criminal activities in the crypto space, this collaboration was initiated and since its launch in July 2024, T3 FCU has frozen over 12 million in USDT linked to illegal activities across the three continents.
Paolo Ardoino, CEO of Tether highlights how quickly the system can respond to the crime and that the collaboration between these three organizations shows promise in making crypto space safer and secure.
The T3 launch timing is noteworthy as it coincides with the arrest of Telegram’s Parel Durov. Despite these circumstances, Tether and Tron’s leaders are confident in their compliance, bringing to light their collaboration with 140 law enforcement agencies and 40 countries.
As these three continue to work closely together along with law enforcement agencies around the world, the alliance aims to push the number of illegal crypto activities closer to zero.
The above is the detailed content of Tron, Tether, and TRM Labs Join Forces to Create T3 Financial Crime Unit Targeting USDT-Related Scams. For more information, please follow other related articles on the PHP Chinese website!

The decision was made in part because a “path to profitability” was unrealistic, Gitcoin co-founder Kevin Owocki said in a statement.

The XRP price has stabilized at $2.13, with a 24-hour trading volume of $2.33 billion. However, its momentum has slowed, leaving investors seeking the next top crypto pick.

Investor and CEO Cathie Wood's ARK Invest firm projects that Bitcoin could reach $1.5 million per coin by 2030

"For cryptocurrencies, market liquidity, even if it may seem ok at times, is especially during crises naturally called into question"

As the US President Donald Trump announced a 90-day delay for the tariffs on cryptocurrency imports, speculators and investors began to outline potential risks to the broader cryptocurrency market.

This Olympics-themed coin is highly sought after by collectors if it features a specific design.

This coin is highly prized by collectors if it features a specific design.

This Olympics-themed coin is highly sought after by collectors if it features a specific design.

Hot AI Tools

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Undress AI Tool
Undress images for free

Clothoff.io
AI clothes remover

Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Hot Tools

Safe Exam Browser
Safe Exam Browser is a secure browser environment for taking online exams securely. This software turns any computer into a secure workstation. It controls access to any utility and prevents students from using unauthorized resources.

SublimeText3 Chinese version
Chinese version, very easy to use

VSCode Windows 64-bit Download
A free and powerful IDE editor launched by Microsoft

Atom editor mac version download
The most popular open source editor

SublimeText3 English version
Recommended: Win version, supports code prompts!
