T3 Financial Crime Unit, a crypto task force said it froze $300 million in tainted funds in its first year of operation, earning praise from international law enforcement and showing the stablecoin industry is capable of policing itself. Formed in late 2024 by stablecoin issuer Tether, the Tron blockchain and TRM Labs, a blockchain intelligence […]
U.S. Deputy Attorney General Todd Blanche is under fire from Senate Democrats following his recent decision to narrow the Department of Justice’s (DOJ) crypto enforcement priorities and disband its crypto enforcement squad. In a Thursday letter to Blanche, six Senate Democrats — Sens. Mazie Hirono (D-Hawaii), Elizabeth Warren (D-Mass.), Dick Durbin (D-Ill.), Sheldon Whitehouse (D-R.I), […]