The T3 Financial Crime Unit (T3 FCU), a collaborative effort between a stablecoin Major Tether, the TRON blockchain, and blockchain forensics firm TRM Labs, have reached a milestone by freezing more than $100 million in criminal assets worldwide.
A Game-Changer in Blockchain Security?
Launched in August 2024, T3 FCU has quickly established itself as the premier public-private partnership model in the region. blockchain security, working in partnership with law enforcement agencies to combat financial crimes related to cryptocurrency.
The unit has successfully intervened in many cases involving serious crimes such as money laundering, investment fraud, fraud, and terrorist financing.
Using advanced analytical techniques, T3 FCU is reported to have monitored millions transactions across five continents, accounting for a staggering total of over $3 billion in USDT (Tether’s stablecoin). Justin Sun, founder of the TRON blockchain, emphasized the importance of these efforts, he said:
Hackers now have 100 million reasons to think twice before using TRON. The rapid success of T3 FCU in freezing criminal assets sends an unmistakable message: if you use USDT on TRON for crime, you will be caught.
Tether CEO Emphasizes Commitment to Financial Integrity
Paolo Ardoino, CEO of Tether, confirmed the company’s commitment to protecting the integrity of the financial ecosystem. Arduino commented:
Tether is deeply committed to maintaining the integrity of the financial ecosystem by continuously cooperating with global law enforcement agencies. By working closely with authorities everywhere, Tether has been instrumental in stopping criminal assets and ensuring that bad actors don’t exploit stablecoins like USDT.
Arduino also revealed that their collaboration has contributed to the freezing of assets linked to criminal activities, ensuring that malicious actors cannot misuse stablecoins such as USDT.
Chris Janczewski, head of global research at TRM Labs, echoed these sentiments, describing the T3 FCU collaboration as proof of concept for successful public-private partnerships. He asserted and said:
T3 FCU’s ability to work closely with law enforcement around the world to successfully disrupt cybercriminals from using USDT on TRON is a testament to the concept of public-private partnerships. Exceeding USDT 100 million in frozen assets is just the beginning. In 2025 and beyond, as more legitimate users enter the growing crypto ecosystem, it is more important than ever to keep it safe. T3 is dedicated to those devices
T3 FCU’s proactive approach demonstrates the power of private sector partnerships for development security and accountability within the digital asset environment. Working closely with law enforcement agencies around the world, the unit is set to redefine the standards of transparency and operational integrity in cryptocurrency operations.
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