Tron, Tether and TRM Pivot to New Crypto Crime-Fighting Alliances After T3 Shutdown
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According to a Bloomberg report, the T3 Financial Crime Unit, initiated by several leading companies in the crypto industry, has quietly disbanded, with no specific reasons disclosed. The alliance was jointly established in September 2024 by the organization behind the Tron blockchain, stablecoin issuer Tether, and blockchain analytics firm TRM Labs, aiming to create a "safer and more reliable" crypto industry. Binance joined in September 2025, …
Tron, Tether and TRM Pivot to New Crypto Crime-Fighting Alliances After T3 Shutdown
An initiative that brought together four crypto industry companies to fight financial crime was quietly dissolved in August, Bloomberg reported Wednesday (Nov. 4), citing unnamed sources. The T3 Financial Crime Unit (T3 FCU) was set up by Tron, Tether and TRM Labs in September 2024 and added Binance a year later, according to the report. The initiative was dedicated to creating a “safer and […] The post Tron, Tether and TRM Pivot to New Crypto C…
The T3 unit, created by Tron, Tether and TRM Labs to fight cryptocurrencies, ended after coordination problems, according to a Bloomberg report. The closure comes as funds linked to illicit activities increase and large-scale thefts are recorded.
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