Tron and Tether bring in Chainalysis after T3 crime unit folds
The group will focus on illicit USDT activity on Tron and help law enforcement investigate suspicious transfers and freeze funds faster.
Tron, Tether and Chainalysis announced a task force Thursday to identify and disrupt illicit activity involving USDT (USDT) stablecoin on the Tron blockchain.
The Digital Crime Task Force will use blockchain analytics firm Chainalysis’ data and AI tools to flag suspicious activity and give law enforcement leads to trace and freeze funds, according to an announcement shared with Cointelegraph.
Bloomberg reported on Nov. 4 that the T3 Financial Crime Unit, which Tron and Tether formed with TRM Labs in 2024, disbanded in late August. An unnamed source cited by the outlet said slow responses and poor coordination hampered the unit.
Cointelegraph contacted Tether, Tron and TRM Labs for comment but did not receive responses by publication time.