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Tron, Tether and Chainalysis Form a New Crypto-Crime Task Force—Replacing One That Just Collapsed

Tron, Tether and Chainalysis Form a New Crypto-Crime Task Force—Replacing One That Just Collapsed

In brief

  • Tron, Tether and Chainalysis launched the Digital Crime Task Force to proactively identify illicit USDT activity on Tron and help law enforcement freeze funds before criminals move them, using Chainalysis’s AI-powered tools.
  • It replaces the T3 Financial Crime Unit, a near-identical effort Tron and Tether ran with rival analytics firm TRM Labs that froze $450 million but was quietly disbanded in late August over coordination problems.
  • Swapping TRM for competitor Chainalysis is pointed given the rivalry—Chainalysis sued the U.S. over an ICE contract awarded to TRM.

Tron, Tether, and blockchain analytics firm Chainalysis have launched a joint effort to hunt down and disrupt criminal activity involving the USDT stablecoin, just…

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