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Tether and Tron Quietly Scrapped T3 Crime Unit Two Months Before $6.3 Billion Binance Hack

Bitcoin Magazine TRXUSDTBNB Bearish

Bloomberg reported that the T3 Financial Crime Unit, an anti-crime alliance of Tron, Tether and TRM Labs that later expanded to Binance, quietly shut down in late August. That was about two months before the record $6.3 billion Binance hack. The alliance reportedly suffered from slow response times and weak coordination, and none of the members announced the closure at the time.

Read the full story on Bitcoin Magazine

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