T3 Financial Crime Unit (T3 FCU) has frozen criminal assets valued at $100 million across five continents.

Formed by Tether, TRON, and TRM Labs in August 2024, the group collaborates with law enforcement worldwide to disrupt organized schemes that rely on blockchain transactions. It analyzes on-chain activity, identifies suspicious patterns, and works directly with authorities to intercept illicit transfers tied to money laundering, investment fraud, blackmail, and terrorism financing.

Justin Sun, founder of TRON, noted that this milestone emphasizes heightened scrutiny of the potential misuse of USDT on TRON. He stated that the initiative’s impact shows there are clear consequences for attempting to exploit stablecoins for unlawful operations. He said,

“Criminals now have 100 million reasons to think twice before using TRON.”

Paolo Ardoino, CEO of Tether, emphasized the practical benefits of private-public coordination, indicating that ongoing efforts aim to strengthen security standards across jurisdictions. As Tether reported, the T3 FCU has monitored more than USDT 3 billion in transaction volume, scanning a broad array of cross-border transfers for evidence of criminal intent. Ardoino stated,

“By working closely with authorities across jurisdictions, Tether has been instrumental in freezing criminal assets and ensuring that bad actors do not exploit stablecoins like USDT.”

Officials from T3 FCU rely on technology and investigative expertise to track flows across diverse regions. Chris Janczewski, head of global investigations at TRM Labs, said the unit’s work demonstrates how cooperation among industry participants can yield outcomes once thought unattainable in this sector. He described freezing $100 million in criminal assets as a starting point, with future operations lik

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Author: Liam ‘Akiba’ Wright