Coalition Of Tether, Tron, TRM Labs Takes Action Against Crypto Crime, Freezing Over $100M
The T3 Financial Crime Unit (T3 FCU), a collaborative effort between stablecoin giant Tether, the TRON blockchain, and blockchain intelligence company TRM Labs, has achieved a notable milestone by freezing over $100 million in criminal assets across the globe.
A Game-Changer In Blockchain Security?
Launched in August 2024, the T3 FCU has quickly established itself as a pioneering model for public-private partnerships in the realm of blockchain security, working hand-in-hand with law enforcement agencies to combat cryptocurrency-related financial crimes.
The unit has effectively intervened in numerous cases involving serious offenses such as money laundering, investment fraud, blackmail, and terrorism financing.
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