Tron, Tether and Chainalysis announced a task force to identify and disrupt illicit activity involving USDT on the Tron blockchain. According to the announcement, it will use Chainalysis data and AI tools to flag suspicious activity and give law enforcement leads to trace and freeze funds. The announcement does not report results from the new task force.
Bloomberg reported on Nov. 4 that an earlier crime-fighting unit formed by Tron, Tether and TRM Labs in 2024 disbanded in late August. An unnamed source told Bloomberg that slow responses and poor coordination hampered that unit. Cointelegraph said the three companies had not responded to requests for comment by publication time.
