FATF Cites T3 Financial Crime Unit as Model for Combating Illicit Activity on Blockchains

The Financial Action Task Force (FATF) has recognized the T3 Financial Crime Unit (T3 FCU) as a leading example of effective public-private collaboration in combating illicit activity across blockchain networks, according to a report published on January 8. In its latest publication, the global anti-money laundering and counter-terrorist financing watchdog pointed out T3 FCU’s ability to operate across jurisdictions, monitor transactions in real time, and support law enforcement agencies in identifying an ...