Binance Joins $250M Crypto Crime Unit


14h05 ▪
4
min read ▪ by
Gijs O.

Binance joins the T3 Financial Crime Unit, a coalition between Tron, Tether, and TRM Labs, as its first T3+ partner, aiming to combat an increasingly fast-paced wave of crypto hacks. Since launching in September 2024, the unit has frozen more than $250 million in illicit crypto assets, more than double the $100 million reported in its first six months. The group works alongside law enforcement agencies worldwide to disrupt money laundering, investment fraud, blackmail, terrorism financing, and other blockchain-based crimes.

Illustration of a masked thief carrying a sack of stolen cryptocurrency coins, including Bitcoin and Ethereum, against a backdrop of rising financial charts. Binance will fight this.Illustration of a masked thief carrying a sack of stolen cryptocurrency coins, including Bitcoin and Ethereum, against a backdrop of rising financial charts. Binance will fight this.

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