Tron, Tether and Chainalysis Launch Digital Crime Task Force, Replacing $450M-Freezing T3 Unit

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Tron, Tether, and blockchain analytics firm Chainalysis announced Wednesday the Digital Crime Task Force to identify illicit USDT activity on the Tron blockchain and help law enforcement freeze funds before criminals move them. The move replaces the T3 Financial Crime Unit, which Tron and Tether operated with rival analytics firm TRM Labs and quietly disbanded in late August over coordination problems, according to Bloomberg. T3 had frozen more than $450 million in tainted assets. The new task force will use Chainalysis's AI-powered investigative tools to proactively trace criminal networks, a shift from waiting for victims to report crimes or investigators to flag suspicious funds.
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