Tron, Tether and Chainalysis Form a New Crypto-Crime Task Force—Replacing One That Just Collapsed

Tron, Tether and blockchain analytics firm Chainalysis have launched the Digital Crime Task Force to identify and disrupt illicit activity involving Tether’s USDT on the Tron blockchain. The group says it will proactively trace criminal networks and coordinate asset freezes with law enforcement, aiming to act before funds can be moved.

The initiative follows the quiet disbanding of a similar unit, T3, which Tron and Tether formed with rival analytics firm TRM Labs in 2024 and later joined by Binance. T3 froze more than $450 million in tainted assets, but people familiar with its closure cited slow responses and poor coordination. Tether says it has frozen more than $7 billion linked to illicit activity and works with over 360 law enforcement agencies across 73 countries; more than $94 billion of USDT circulates on Tron.