Tron, Tether and TRM Pivot to New Crypto Crime-Fighting Alliances After T3 Shutdown
By PYMNTS
AI summary of the source article
The T3 Financial Crime Unit, a joint initiative to combat financial crime formed by Tron, Tether, and TRM Labs, was dissolved in August. Binance had joined the coalition a year after its September 2024 founding.
Key facts
- The T3 Financial Crime Unit (T3 FCU) was quietly dissolved in August.
- The initiative was launched by Tron, Tether, and TRM Labs in September 2024, with Binance joining a year later.
- The coalition united four crypto companies to fight financial crime.
Source excerpt · PYMNTS
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 […] Th…