Curated News
By: NewsRamp Editorial Staff
September 10, 2024

TRON, Tether, and TRM Labs Join Forces to Combat Crypto Crime

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Source News Release

TLDR

  • TRON, Tether, and TRM Labs collaborate to combat illicit activity associated with USDT on TRON, safeguarding the integrity of the blockchain.
  • The T3 Financial Crime Unit (T3 FCU) leverages anti-financial crime expertise and technology to identify and disrupt illicit activity on the TRON blockchain.
  • The T3 FCU aims to promote security and prosperity across the TRON network and beyond by proactively identifying and disrupting illicit activity.
  • The T3 FCU collaboration represents a pioneering effort to combat illicit activity and ensure a secure environment for all users in the blockchain industry.

Impact - Why it Matters

This news matters as it demonstrates a proactive approach to combatting illicit activity in the crypto industry, safeguarding the integrity of the blockchain and promoting security for all users.

Summary

TRON, Tether, and TRM Labs have partnered to establish the T3 Financial Crime Unit (T3 FCU) to combat illicit activity associated with USDT on the TRON blockchain. This collaboration aims to disrupt criminal activity and safeguard the integrity of the blockchain. The initiative has already facilitated the freezing of over USDT 12 million in funds associated with various scams.

Source Statement

This curated news summary relied on this press release disributed by News Direct. Read the source press release here, TRON, Tether, and TRM Labs Join Forces to Combat Crypto Crime

blockchain registration record for the source press release.