TRON DAO's newly formed T3 Financial Crime Unit (T3 FCU) task force has frozen over $12 million in USDT linked to illicit activities on the TRON blockchain. The task force, in collaboration with law enforcement, took proactive action to ensure better security and strengthen trust in the crypto industry. This comes after Circle, the issuer of stablecoin USDC, faced criticism for its delayed action in blacklisting a wallet connected to the North Korea-backed Lazarus Group. TRON's partnership with TRM Labs and Tether aims to combat financial crime involving USDT, the largest stablecoin.
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