T3 Financial Crime Unit Freezes $300M in Crypto Assets, Showcasing Industry Resolve

The T3 Financial Crime Unit has frozen $300 million in tainted cryptocurrency, demonstrating the stablecoin industrys ability to self-regulate against financial crime and bolster law enforcement efforts.

• In its inaugural year, the T3 Financial Crime Unit successfully froze $300 million in tainted cryptocurrency, showcasing its commitment to combating financial crime within the sector.
• Established in late 2024 by Tether (cryptocurrency), the Tron blockchain, and TRM Labs, the T3 Financial Crime Unit emphasizes the importance of industry collaboration in addressing money laundering.
• The T3+ Global Collaborator Program aims to strengthen relationships between the blockchain community and law enforcement agencies, enhancing efforts against financial crime across various jurisdictions.