On the 12th of November, TRON, Tether, and blockchain intelligence firm Chainalysis jointly launched the Digital Crime Task Force (DCTF), an initiative aimed at identifying and disrupting illicit financial activities involving Tether’s USDT stablecoin on the TRON blockchain.

In this plan, TRON will contribute its blockchain network expertise, and Tether will provide support as the issuer of USDT. Meanwhile, Chainalysis will bring its blockchain intelligence, investigative expertise, and AI-powered monitoring tools.

The scam epidemic spreads like wildfire

One of the major reasons behind the initiative is the growing sophistication of crypto-related financial crime. According to Chainalysis, AI-enabled scam operations were 4.5x more…