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XRP $1.08 +1.01%
SOL $74.37 +1.29%
TRX $0.3278 +0.45%
DOGE $0.0702 -0.10%
ADA $0.1684 +2.91%
BCH $218.73 +4.06%
LINK $8.47 +1.97%
HYPE $53.63 -2.81%
AAVE $99.09 +0.50%
SUI $0.6951 +1.24%
XLM $0.1727 -0.06%
ZEC $473.23 +1.96%

Tron, Tether, and TRM freeze $26.4 million worth of cryptocurrency related to a European money laundering gang

2025-01-27 20:00:32
Collection

ChainCatcher news, according to Cointelegraph, Spanish law enforcement has collaborated with blockchain companies Tron, Tether, and TRM Labs to freeze $26.4 million worth of cryptocurrency related to a pan-European money laundering operation.

Reportedly, Tron’s security measures have reduced the volume of illegal transactions on its blockchain by $6 billion. Additionally, TRM Labs disclosed that 49% of illegal activities on the Tron chain are related to sanctioned entities, while 32% are associated with blacklisted funds.

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