News with the tag "TRM Labs"

Spanish authorities are crediting the T3 Financial Crime Unit, a consortium made up of Tron, Tether, and TRM Labs, for helping take down a multinational European financial crime syndicate. According to Spain's Guardia Civil, the crime syndicate operated across multiple European jurisdictions, provid...

“We’re seeing people up and down the cabinet who have been supportive of digital assets, innovation, and AI,” said TRM Labs’ Ari Redbord.

The T3 Financial Crime Unit (T3 FCU), a collaborative effort between stablecoin giant Tether, the TRON blockchain, and blockchain intelligence company TRM Labs, has achieved a notable milestone by freezing over $100 million in criminal assets across the globe. A Game-Changer In Blockchain Security? ...

A crypto crime task force formed by Tron ( TRX ), TRM Labs and Tether has reportedly frozen over $125 million worth of USDT internationally since its August 2024 inception. According to new announcements from Tron and Tether , the T3 Financial Crime Unit has taken bad actors on the TRX blockchain fo...

The T3 Financial Crime Unit, a collaboration between the Tron blockchain, stablecoin issuer Tether and blockchain intelligence company TRM Labs, said it has frozen a total of 100 million of Tether's USDT used by illicit actors since the unit was formed in September . The venture analyzed millions of...

A recent TRM Labs report reveals that crypto ATMs have processed at least $160 million in illicit transactions since 2019, with 2023 alone seeing over $30 million directed to known scam addresses. The rate of illicit activity at crypto ATMs is double that of the overall crypto industry, standing at ...

The number of new crypto ATMs in Australia has surged 17 times over the past two years, but TRM Labs has warned about their use in scams, fraud, and crime.

Since 2019, the cash-to-crypto industry—which is dominated by crypto ATMs—has processed at least $160 million in illicit volumes, according to a new study by blockchain analytics firm TRM Labs.

A major payments firm in Cambodia, Huione Pay, received over $150,000 in cryptocurrency from a digital wallet used by the North Korean hacking group Lazarus, according to blockchain data reviewed by Reuters. The crypto was sent to Huione Pay between June 2023 and February 2024 from a wallet linked t...

Cybercrime in the crypto sector has soared in the first half of 2024, with hackers stealing nearly $1.38 billion, nearly doubling last year’s figures. Cybercriminals have pilfered a staggering $1.38 billion from crypto investors in the first half of 2024,…