• 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.