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The T3 Financial Crime Unit, a collaborative effort between TRON, Tether, and TRM Labs, has successfully frozen over $100 million in USDT linked to illicit activities. Formed in September 2024, the unit has been actively working with global law enforcement agencies to disrupt organized crime networks that exploit blockchain technology. The initiative focuses on analyzing on-chain activity, identifying suspicious patterns, and intercepting illegal transfers associated with a wide range of offenses, including money laundering, investment scams, and terrorism financing. The T3 unit’s efforts highlight the ongoing battle to combat the misuse of cryptocurrencies for unlawful purposes.

The T3 Financial Crime Unit has monitored more than $3 billion in USDT transactions and relies on advanced blockchain forensics, and technology to track illicit flows. The frozen funds have been traced to operations such as "money laundering as a service," and includes connections to North Korean actors. Justin Sun, founder of TRON, emphasized that this milestone sends a clear message to criminals, making them think twice before using TRON for unlawful operations. Paolo Ardoino, CEO of Tether, highlighted the success of private-public coordination, aiming to strengthen security standards across jurisdictions, as the unit expands its operations in the future.

ImgSrc: i.gadgets360cdn

References :

• CryptoSlate: How Tether, TRON, TRM Labs froze $100 million in stolen digital assets
• Bitcoin News: T3 Financial Crime Unit Marks Enforcement Victory: USDT 100 Million in Criminal Assets Frozen Across Five Continents
• Techmeme: The T3 Financial Crime Unit says it has frozen $100M of USDT used by illicit actors since the unit was formed in September 2024 by Tron, TRM Labs, and Tether (Sam Reynolds/CoinDesk)
• decrypt.co: Tether, Tron and TRM Labs Help Freeze $126 Million in USDT Linked to Crime
• COINOTAG NEWS: Tron’s T3 Unit Targets Financial Crimes by Freezing $100 Million in USDT Linked to Illicit Activities
• www.coindesk.com: The T3 Financial Crime Unit says it has frozen $100M of USDT used by illicit actors since the unit was formed in September 2024 by Tron, TRM Labs, and Tether (Sam Reynolds/CoinDesk)
• Gadgets 360: Tron, Tether, and TRM Labs Unite via Financial Crime Unit T3, Freeze $126 Million in Illicit Funds

Classification:

• HashTags: #CryptoCrime #Tether #TRON
• Company: Multiple
• Target: Criminals
• Product: Cryptocurrency
• Feature: Crypto Crime Unit
• Type: Crypto
• Severity: Medium