Justin Sun, the founder of TRON and an advisor to HTX Global, has announced that TRON DAO successfully blocked over $26 million in questionable transactions by working closely with law enforcement agencies.
Sun highlighted that TRON’s decentralized network enhances financial oversight, making it harder for illicit transactions to go unnoticed.
Contrary to claims that cryptocurrencies enable money laundering, he argued that blockchain’s open ledger system exposes suspicious activity rather than concealing it.
“This action reinforces the idea that transparency in TRON’s ecosystem limits criminal financial activity rather than facilitating it,” Sun explained.
With regulators worldwide tightening their grip on digital assets, TRON’s proactive stance underscores its commitment to security and compliance.
By cooperating with authorities, the blockchain project is positioning itself as a leader in responsible crypto governance, reflecting the industry’s broader push for legitimacy and accountability.
President Javier Milei has been cleared of any ethical misconduct by Argentina’s Anti-Corruption Office after a controversial memecoin post led to investor losses topping $250 million.
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A Ukrainian man has been arrested for allegedly orchestrating a years-long cryptojacking scheme that compromised thousands of online accounts tied to a global hosting provider, authorities revealed this week.
An extensive international cybercrime network has been brought down after law enforcement seized 145 domains linked to BidenCash, a notorious online marketplace that thrived on trading stolen credit card data and compromised digital identities.