Over $300 million in cybercrime crypto seized in anti-fraud effort
More than $300 million worth of cryptocurrency linked to cybercrime and fraud schemes has been frozen due to two separate initiatives involving law enforcement and private companies.
One initiative is the T3+ Global Collaborator Program launched by the T3 Financial Crime Unit (T3 FCU), a joint effort deployed almost a year ago by intelligence firm TRM Labs, TRON, and Tether, with Binance joining as the first official member – all major forces in the blockchain space.
According to intelligence firm TRM Labs, more than $250 million in criminal assets worldwide have been frozen since the program started in September 2024.
This includes a notable $6 million frozen in a joint action with Binance against perpetrators of…
