Tether, TRON and TRM Labs freeze $450 million in illicit crypto assets across 23 jurisdictions
Crypto Briefing
The T3 Financial Crime Unit, a collaboration between Tether, TRON, and TRM Labs, has frozen $450 million in illicit crypto assets globally.Summary
The T3 Financial Crime Unit (T3 FCU), a partnership between Tether, TRON, and TRM Labs, has successfully frozen over $450 million in illicit digital assets across 23 jurisdictions. By utilizing real-time monitoring and rapid communication systems, the unit assists law enforcement in combating crimes such as terrorist financing, exchange hacks, and money laundering. Recognized by the FATF for its effectiveness, the initiative highlights the growing importance of public-private partnerships in securing the global crypto economy against record-high levels of illicit activity.
(Source：Crypto Briefing)