DECRYPT · 2026-11-12 16:36 UTC

Tron, Tether and Chainalysis Form a New Crypto-Crime Task Force—Replacing One That Just Collapsed

Tron, Tether and Chainalysis launched a Digital Crime Task Force to identify and disrupt illicit activity involving USDT on the Tron blockchain and refer it to law enforcement. Tether says it has frozen more than $7 billion tied to illicit activity and works with over 360 law enforcement agencies in 73 countries; USDT on Tron circulates at over $94 billion. The alliance replaces T3 Financial Crime Unit, formed in 2024 with TRM Labs and later joined by Binance, which Bloomberg reported was quietly disbanded in late August after froze over $450 million.

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