TRM Labs has joined forces with verification provider Sumsub to deliver a single, real-time view of identity and blockchain risk — a move aimed at strengthening defences against escalating crypto fraud and financial crime.
The integration connects TRM’s blockchain intelligence with Sumsub’s Crypto Monitoring solution, allowing compliance teams to screen wallet addresses, assess transactions, and flag suspicious activity before it reaches the blockchain. Users can access all risk data in one dashboard, enabling faster, data-driven compliance decisions.
🤖 Reports of genAI-enabled scams rose 456% last year. TRM Labs + @Sumsubcom are teaming up to give VASPs a unified view of blockchain + identity risk — detecting fraud before transactions occur.
Learn more 👉 https://t.co/9lxHRnIQfJ pic.twitter.com/fmH7Gh3L9T
— TRM Labs (@trmlabs) August 13, 2025
Industry data highlights the urgency of the partnership. TRM’s Chainabuse platform recorded a 456% surge in generative AI-enabled crypto scams between May 2024 and April 2025. Sumsub reported a 48% year-on-year rise in fraud across the crypto sector, with illicit activity now accounting for 2.2% of all verification attempts on global platforms.
Key features of the integration include early risk detection to block high-risk withdrawals, advanced scoring based on exposure to illicit actors and darknet markets, and automated compliance workflows to cut manual reviews and false positives. Clients can also connect their existing TRM subscriptions via a Bring-Your-Own-Key model, retaining full control over sensitive data.
Sumsub Chief Growth Officer Ilya Brovin said the collaboration “enhances our Crypto Monitoring solution by providing advanced blockchain risk intelligence to detect fraud and financial crime before transactions occur.” TRM’s Global Head of Policy Ari Redbord added that merging identity verification with blockchain analytics is critical in staying ahead of evolving threats.
Both companies say the partnership marks a significant step toward standardizing integrated crypto compliance and fraud prevention tools.
The announcement comes as TRM Labs confirmed that its joint T3 Financial Crime Unit has blocked more than 250 million US dollars in illicit crypto assets since its launch in September 2024. The unit, formed as a public-private alliance, targets illegal blockchain transactions, including money laundering and terrorism financing. Binance has now joined as its first new member, expanding the network’s reach.
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