Geneva, Switzerland, September 11, 2025  – TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), proudly participated as a 3 Block Sponsor of CoinDesk: Policy & Regulation conference, held on September 10 at Convene Hamilton Square in Washington D.C. Formerly known as “State of Crypto,” this one-day, boutique event hosted by CoinDesk was designed to bring general counsels, compliance officers and regulatory executives together with the public officials responsible for crypto legislation and regulatory oversight. 

Throughout the day, key policymakers, regulators and government officials met with influential leaders in asset management and financial services across both cryptocurrency and traditional finance sectors. TRON’s participation was highlighted through a panel focused on the T3 Financial Crimes Unit (T3 FCU) initiative. Moderated by Adrian Wall, Managing Director of the Digital Sovereignty Alliance (DSA), “The T3 Collaboration: Combating Illicit Finance and Establishing Anti-Financial Crime Frameworks” featured distinguished speakers including John O. Hurston, General Counsel, TRON DAO; David Feder, Partner, Fenwick & West LLP; Ari Redbord, Global Head of Policy, TRM Labs; and Erin Fracolli, Global Head of Special Investigations, Binance. Throughout the discussion, panelists addressed multiple aspects of the unit’s successful model for combating cryptocurrency-related financial crime, such as legal and regulatory considerations, operational insights, and critical steps to take in the fight against financial crimes. 

Since launching less than a year ago, T3 FCU has frozen over $250 million USD in illicit assets globally. T3 FCU has worked closely with law enforcement agencies worldwide to identify and disrupt criminal networks. The unit has analyzed millions of transactions across five continents, monitoring over $3 billion USD in total volume. This comprehensive monitoring capability enables T3 FCU to work across borders, identifying and disrupting criminal operations in real-time, making it an invaluable resource for law enforcement agencies worldwide.

Following the panel, an afternoon networking break, one of two sponsored by TRON DAO, took place for attendees to connect and engage in meaningful dialogue on the future of digital asset regulation. Participation at CoinDesk’s Policy & Regulation 2025 event reaffirms TRON DAO’s commitment to ensuring that blockchain technology is leveraged responsibly, with the safeguards needed to promote transparency, security, and financial inclusion.

For more information about TRON’s initiatives and upcoming events, please visit TRON DAO’s official website.

About TRON DAO

TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.

Founded in September 2017 by H.E. Justin Sun, the TRON blockchain has experienced significant growth since its MainNet launch in May 2018. Until recently, TRON hosted the largest circulating supply of USD Tether (USDT) stablecoin, which currently exceeds $78 billion. As of September 2025, the TRON blockchain has recorded over 331 million in total user accounts, more than 11 billion in total transactions, and over $27 billion in total value locked (TVL), based on TRONSCAN. Recognized as the global settlement layer for stablecoin transactions and everyday purchases with proven success, TRON is “Moving Trillions, Empowering Billions.”

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In a pioneering press release announcement, TRM Labs, the blockchain intelligence firm that assists businesses and law enforcement in combating crimes involving cryptocurrency, has unveiled Beacon Network, the first dedicated response network to real-time crypto fraud.

Live Crypto Crime Detection

It’s designed to prevent illicit assets from leaving the blockchain and was developed in collaboration with law enforcement, stablecoin issuers, exchanges, and various other firms. Some of the founding members include Ripple, Binance, Stripe, Anchorage Digital, Zodia Custody, PayPal, Robinhood, and many others, forming a groundbreaking alliance between traditional institutions and cryptocurrency companies.

Leading federal law enforcement agencies worldwide are actively participating in the network, triggering alerts and flagging critical threat-linked addresses to prevent criminals from off-ramping their ill-gotten gains. Various security researchers and firms, including ZachXBT, zeroShadow, CryptoForensics Investigators, and Hypernative, among others, provide continuous threat monitoring.

According to data from TRM Labs, at least $47 billion in cryptocurrency assets has been sent to addresses associated with fraudulent activities since 2023. However, that number is likely to be much higher, as most victims of this type of crime either do not report it, as they do not know how, or are simply ashamed that it has happened to them. Moreover, the year so far has seen over $2 billion of crypto funds stolen from their rightful owners.

This constant wave of hacks, scams, and other illicit activities continues to drain billions from individuals, from everyday investors to well-established and secure organizations. In many cases, the stolen capital is quickly funneled and converted to fiat before the law can take action.

A prime example is the disastrous $1.5 billion Bybit hack that occurred in February of this year, with the bad actors performing over 10.000 transactions in the month following the attack, provoking the urgent need for faster responses and detection across the crypto ecosystem.

How Will It Operate?

Until today, law enforcement and crypto platforms have been slow to react to crimes, which often occur after the funds have already been stolen. Given that transaction processing times on the blockchain are typically rapid in most scenarios, the response time should be measured in minutes, rather than days.

The Beacon Network is primed and ready to tackle the rising wave of crypto criminals by providing several key functions:

• Flagging and propagation: Investigators flag addresses linked to crime, and the network automatically labels the wallets linked to them
• Real-time alerts: These are triggered when tagged funds arrive at a participating exchange or platform
• Rapid response: Crypto platforms will have the ability to hold flagged deposits before they are withdrawn, effectively stopping the criminals in their tracks
• Accessible by design: Affiliate membership is of no cost to law enforcement partners and verified exchanges.

“As the crypto industry continues to evolve at a rapid pace, threats such as hacking and money laundering have become increasingly sophisticated, intelligent, complex, and fast-moving.

It is no longer feasible for any single team to fight these crimes effectively — we must unite as an industry to build coordinated defenses and responses, and Beacon Network helps us do just that.” – Heisen Guo, Chief Security Officer at HTX