**T3 Financial Crime Unit Freezes Over $300 Million in Criminal Assets Since Launch**
Since its launch in September 2024, the T3 Financial Crime Unit (T3 FCU) has successfully frozen more than $300 million in criminal assets worldwide. This joint initiative, led by Tether, TRON, and TRM Labs, works directly with law enforcement agencies around the globe to detect, trace, and disrupt criminal networks exploiting cryptocurrencies.
The unit’s investigations have supported dozens of operations across multiple jurisdictions, targeting a wide range of crimes including money laundering, investment fraud, terrorism financing, and organized crime.
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**Recognition for Success in Brazil**
This month, the Brazilian Federal Police formally recognized T3 FCU for its instrumental role in Operation Lusocoin. The operation resulted in the freezing of over R$3 billion in assets, including 4.3 million USDT linked to criminal groups.
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**Global Reach: Supporting Cases Across 23 Jurisdictions**
In just one year, T3 FCU has collaborated with law enforcement agencies across 23 jurisdictions, spanning every continent except Africa. The United States recorded the largest volume of assistance, with $83 million frozen across 37 cases — accounting for 27% of the total volume. Brazil followed, with over $13 million frozen across seven cases.
Other significant jurisdictions include Spain, Germany, Albania, Bulgaria, Finland, Australia, Poland, and the United Kingdom.
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**Types of Crimes Investigated**
The most common crime categories investigated by T3 FCU include:
– Illicit goods and services (39%)
– Fraud and scams
– Hacks and exploits, including $19 million linked to the North Korean Bybit hack
– Crimes involving banned or controlled substances
– Terrorist financing and violent crimes
“Reaching the USD 300 million milestone demonstrates the real-world impact of blockchain technology in combating financial crime,” said Paolo Ardoino, CEO of Tether.
To date, T3 FCU collaborates with over 280 law enforcement agencies worldwide to enhance the fight against illicit activities.
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**Binance Joins the Expanded T3+ Program**
In August, the T3+ Global Collaborator Program was launched to broaden public-private partnerships against illicit blockchain activity. Binance joined as the program’s first official member, signaling a strong commitment to collaborative efforts.
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**Participation in Global Conference**
On October 28-29, T3 FCU and T3+ members participated in the 9th Global Conference on Criminal Finances and Cryptocurrencies held in Vienna. The event was co-organized by Europol and the Basel Institute on Governance.
Representatives from TRON DAO, Tether, Binance, TRM Labs, and Europol discussed how the T3 FCU model can serve as a scalable framework for deepening collaboration between public and private sectors in the fight against financial crime.
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The continued efforts of T3 FCU and its partners highlight the power of blockchain analytics and cooperative strategies in disrupting criminal enterprises worldwide.
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