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Tron, Tether and Chainalysis Launch New Crypto-Crime Task Force After Previous One Disbanded

(2 hours ago) · 1 source · Summarized by CryptoBipto

Tron, Tether, and blockchain analytics firm Chainalysis have formed a new task force focused on combating crypto-related crime. The new collaboration replaces a previous similar initiative that recently collapsed. The partnership aims to coordinate efforts to track and address illicit activity on blockchain networks.

WHY IT MATTERS

When people use cryptocurrency for illegal purposes like fraud or money laundering, it can be difficult to stop because transactions happen across borders on decentralized networks.

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SOURCES

  • decrypt.co

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