TETHER, TRON, AND TRM LABS LAUNCH FINANCIAL CRIME UNIT
- Tether, TRON, and TRM Labs announced on Tuesday that they are joining forces to establish a new financial crime unit.
- This collaboration aims to fight illicit activity associated with the use of USDT on the TRON blockchain.
- TRM will support TRON and Tether in identifying transactions connected to illegal activities.
Tether, TRON and TRM Labs announced on Tuesday the creation of a new financial crime unit. This collaboration aims to combat illicit activity associated with the use of USDT on the TRON blockchain with the combined help of TRM Labs’ anti-financial crime expertise, TRON’s blockchain technology, and Tether’s investigations team.
Launch of first private-sector crime unit
Tether, TRON and TRM Labs said in a blog post on Tuesday that they have joined forces to establish the T3 Financial Crime Unit (T3 FCU), an initiative aimed at facilitating public-private collaboration to combat illicit activity associated with the use of USDT on the TRON blockchain.
This collaboration combines TRM Labs’ anti-financial crime expertise, TRON’s technical capabilities, and Tether’s external investigations team to enhance safety and security within the crypto community.
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