Tether-Led Crime Unit Hits $100M Milestone in Global Crypto Asset Seizures
On Jan. 2, the T3 Financial Crime Unit (T3 FCU), a collaboration between Tether, Tron, and TRM Labs, announced that it had passed “a significant milestone in its fight against cryptocurrency-related financial crime.”
The unit, launched in August 2024, has worked closely with global law enforcement agencies to “successfully intervene in cases involving money laundering, investment fraud, blackmail operations, terrorism financing, and other serious financial crimes,” it stated.
Freezing Criminal Assets
“By working closely with authorities across jurisdictions, Tether has been instrumental in freezing criminal assets and ensuring that bad actors do not exploit stablecoins like USDT,” said Paolo Ardoino, CEO of…
