Tether stablecoin issuer and Tron launch financial crime unit

Tron, the largest network for the USDT stablecoin, will provide its technical expertise to identify and freeze illicit USDT transactions within the new financial crime unit.

Tether (USDT) stablecoin issuer has joined forces with Justin Sun-founded Tron network and the blockchain intelligence firm TRM Labs to establish a new private financial crime unit.

Called the T3 Financial Crime Unit (T3 FCU), the financial crime unit aims to promote public-private collaboration to combat illicit activity associated with the use of USDT on the Tron blockchain, the firms said in a joint announcement on Sept. 10.

The collaboration will combine TRM Labs’ anti-financial crime expertise and proprietary technology with technical expertise from Tron, while Tether is expected to contribute through its external investigations team.

Tron, the largest network for the USDT stablecoin, will provide its technical expertise to identify and freeze illicit USDT transactions within the new financial crime unit.
Tether (USDT) stablecoin issuer has joined forces with Justin Sun-founded Tron network and the blockchain intelligence firm TRM Labs to establish a new private financial crime unit.Called the T3 Financial Crime Unit (T3 FCU), the financial crime unit aims to promote public-private collaboration to combat illicit activity associated with the use of USDT on the Tron blockchain, the firms said in a joint announcement on Sept. 10.The collaboration will combine TRM Labs’ anti-financial crime expertise and proprietary technology with technical expertise from Tron, while Tether is expected to contribute through its external investigations team.Read more