TRON founder Justin Sun has announced the independent development of an AI-powered detective system designed to analyze complex cryptocurrency fraud cases and identify criminal suspects. According to Sun, the system has already processed cases with a total value exceeding $1 billion.
The platform, hosted on web3bounty.io, is built to handle large datasets and identify suspects in real time. Sun stated that 10% of the analyzed case value — amounting to $100 million — will be allocated as rewards. These bounties are intended for white-hat contributors who provide key leads and for the law enforcement agencies involved in the investigations.
The AI system will initially be implemented in collaboration with judicial authorities in China, Hong Kong, the United States, the United Arab Emirates, and other interested jurisdictions. Sun reported that the platform has already identified suspects in closed cases, naming entities and individuals including First Digital Trust (FDT), its CEO Vincent Chok, Aria Commodities, and Matthew William Brittain.
The announcement is directly tied to an ongoing dispute involving Sun's company, Techteryx, the issuer of the TUSD stablecoin. Techteryx has accused FDT of misappropriating between $456 million and $500 million in TUSD assets. A specific $50 million bounty has been posted on the web3bounty.io platform for information leading to the recovery of these assets, highlighting a case of alleged exploitation of regulatory loopholes in Hong Kong.
Sun publicly urged the Dubai government and regulators to act swiftly, stating, "Dubai must not become a safe haven for fraud and money laundering." The crypto community on X reacted with a mix of skepticism and privacy concerns, with some users questioning the integrity of a system funded and managed by an involved party.
The move aligns with a broader industry trend of integrating AI for security. Bybit has expanded its AI-driven systems following a major hack, and other entities like Solana, Base, Visa, Stripe, and the Ethereum Foundation have made moves into the agentic AI market, with the latter establishing a 'dAI Team' to position Ethereum as a settlement layer for AI agents.
