January 2, 2025 – The T3 Financial Crime Unit (T3 FCU), a collaborative initiative by Tether, TRON, and TRM Labs, has frozen over $100 million in illicit assets across five continents, marking a significant achievement in combating cryptocurrency-related financial crimes.
Established in August 2024, T3 FCU has swiftly become a benchmark for public-private partnerships in blockchain security. The unit collaborates directly with global law enforcement agencies to detect and dismantle criminal networks. Its efforts have successfully disrupted cases involving money laundering, investment fraud, blackmail, terrorism financing, and other serious financial offenses.
“Criminals now have 100 million reasons to avoid TRON,” said Justin Sun, founder of the TRON blockchain. “T3 FCU’s remarkable success in freezing criminal assets delivers a clear warning: if you misuse USDT on TRON for illegal activities, you will face consequences.”
T3 FCU has analyzed millions of transactions spanning five continents and monitored over USDT 3 billion in total transaction volume. This extensive capability allows the unit to operate across borders, identifying and halting criminal activities in real time, thereby becoming an indispensable partner for law enforcement worldwide.
“Tether remains committed to safeguarding the financial ecosystem by working proactively with global law enforcement,” said Paolo Ardoino, CEO of Tether. “Through close collaboration across jurisdictions, Tether has played a pivotal role in freezing illicit assets and preventing the misuse of stablecoins like USDT. Together with our T3 partners, we’re setting new benchmarks for transparency, security, and accountability in the digital asset industry.”
Chris Janczewski, Head of Global Investigations at TRM Labs, emphasized the unit’s groundbreaking role: “T3 FCU’s partnership with law enforcement demonstrates the effectiveness of public-private cooperation. Freezing over USDT 100 million in criminal assets is just the start. As the crypto ecosystem continues to grow in 2025 and beyond, T3 will remain steadfast in its mission to protect lawful users and ensure the safety of the digital financial landscape.”
This milestone underscores T3 FCU’s commitment to enhancing blockchain security and fostering trust in the rapidly evolving world of digital assets.
