T3 Financial Crime Unit Marks Enforcement Victory: USDT 100 Million in Criminal Assets Frozen Across Five Continents
The T3 Financial Crime Unit (T3 FCU), formed by TRON, Tether, and TRM Labs, has frozen over USDT 100 million in criminal assets globally since its launch in August 2024. This unit collaborates with law enforcement to combat cryptocurrency-related financial crimes, including money laundering and terrorism financing. T3 FCU has analyzed millions of transactions, monitoring over USDT 3 billion in total volume, enhancing its ability to disrupt criminal operations in real-time. Justin Sun of TRON emphasized the deterrent effect of these actions on criminals using USDT. Tether's CEO, Paolo Ardoino, highlighted the importance of collaboration with authorities to maintain financial ecosystem integrity. Chris Janczewski from TRM Labs noted that this achievement marks the beginning of ongoing efforts to ensure a safe crypto environment as more lawful users engage with the ecosystem.
