#TRON Fights Crime#

80
2
Posts
Hot Topic Details

Hot Topic Overview

Overview

Global cryptocurrency trading volume surpassed $10.6 trillion in 2024, but illicit trading volume decreased by 24% to $45 billion, representing only 0.4% of overall trading. Among them, TRON achieved remarkable success in combating crypto crime, with the largest reduction in illicit trading volume, decreasing by approximately $6 billion, almost halving the proportion of illicit activities. This is attributed to the T3 Financial Crime Unit (T3 FCU), jointly established by TRON, Tether, and TRM Labs, which has successfully frozen over $130 million in suspected criminal assets since its launch in August 2024. The T3 FCU has also worked closely with global law enforcement agencies to combat money laundering, investment fraud, and other illegal activities. Despite these efforts, TRON remains the primary blockchain for illicit activities, accounting for 58% of total illicit trading volume, primarily due to its low transaction fees and popular stablecoins attracting criminals. Moving forward, TRON will continue to collaborate with global law enforcement agencies to promote the transparent, secure, and compliant development of the blockchain ecosystem.

Ace Hot Topic Analysis

小 A

Analysis

TRON has made significant strides in combating cryptocurrency crime. Global cryptocurrency transaction volume surpassed $10.6 trillion in 2024, while illicit transaction volume dropped by 24% year-on-year to $45 billion, representing 0.4% of the total, a 51% reduction compared to 2023. The TRON network saw the most substantial decline in illicit transaction volume, with a decrease of approximately $6 billion, almost halving the proportion of illegal activity. This achievement is attributed to TRON's persistent efforts to combat crypto crime, particularly driven by the T3 Financial Crime Unit (T3 FCU) established in collaboration with Tether and TRM Labs. Since its launch in August 2024, T3 FCU has successfully frozen over $130 million in suspected criminal assets and worked closely with global law enforcement agencies to analyze and track illicit financial flows involving money laundering, investment fraud, and other illegal activities. Despite this, TRON remains a prominent blockchain for illicit activities, accounting for 58% of total illegal transactions, attracting criminals with low transaction fees and popular stablecoins. The report also reveals that sanctions violations constituted one-third of illegal transactions, while scams and fraud accounted for one-fourth, with fraud-related inflows declining by 40% compared to last year. Meanwhile, ransomware attacks and terrorist financing have increased, particularly attacks orchestrated by North Korean and Russian hackers.

Related Currencies

Public Sentiment

50%
50%

Discussion Word Cloud

Classic Views

TRON has made significant progress in combating cryptocurrency crime, with the decline in the scale of illegal transactions leading the industry.

1

The T3 Financial Crime Unit (T3 FCU), formed by TRON in partnership with Tether and TRM Labs, has played a key role in combating crime.

2

Public-private partnerships have immense potential in combating blockchain crime.

3

Despite the decline in illegal transactions, TRON remains a major blockchain for illegal activities, requiring continued efforts to combat crime.

4