While artificial intelligence has become a part of our lives recently, there has also been an increase in AI-assisted crimes.
At this point, three major names in the cryptocurrency sector—Tron, Tether, and Chainalysis—have launched a joint initiative called the “Digital Crime Task Force (DCTF)” to combat illicit crypto activities in the face of the rise of AI-powered crime.
According to The Block, the primary goal of the new initiative is to detect illicit USDT transactions conducted through the Tron network and to freeze the proceeds of crime before they are transferred to other addresses.
According to the statement, the new joint task force of Tron (TRX), Tether (USDT), and Chainalysis aims to shorten the gap between identifying suspicious transactions and enforcement action by gathering intelligence and cooperating with law enforcement, thereby accelerating the freezing of proceeds of crime before they are transferred to other addresses.
Three Companies Join Forces!
In the newly formed task force, Chainalysis will provide blockchain analytics and AI-powered tracking tools. Tron will contribute to monitoring transaction activity on its own network. Tether, the issuer of USDT, will exercise its authority to freeze assets in wallet addresses identified as being linked to illicit activities.
TRX founder Justin Sun stated, “Millions of people rely on USDT on Tron to support their families, keep their businesses running, and build a more secure future. As digital finance reaches more people, its ability to protect them must evolve along with it.”
Chainalysis stated in its announcement that AI-powered fraud methods were 4.5 times more profitable than traditional methods last year, and identity theft scams increased by more than 1400% year-on-year.
The task force stated that it plans to focus on a wide range of threats, including investment fraud, cyberattacks, terrorist financing, and North Korea-linked cyberattacks.
This initiative comes after the dissolution of the “T3 Financial Crimes Unit,” a previous alliance formed in 2024 by Tron, Tether, and TRM Labs.
*This is not investment advice.
