PANews
PANews|Nov 04, 2026 15:49
[TRM Labs, Tether, and TRON's T3 Financial Crime Unit (T3 FCU), a coalition against illicit activities, disbanded in August, according to Bloomberg. Sources familiar with the matter said the disbandment was due to slow response times and poor coordination. Established in September 2024, the T3 FCU was primarily responsible for tracking and freezing USDT on the TRON blockchain related to illicit activities. In May of this year, the coalition announced it had frozen over $450 million in illicit assets, with its law enforcement partners covering 23 jurisdictions across five continents.
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