TRON and Tether's Financial Crime Unit Seizes $100 Million in Illicit Profits

T3 Financial Crimes Unit (FCU) was established in August 2024 as a model for public-private collaboration in blockchain security. The unit focuses on detecting and preventing criminal organizations by cooperating with law enforcement agencies worldwide to combat financial crimes such as money laundering, fraud, extortion, and terrorism financing. To date, the unit has successfully seized over $100 million in criminal proceeds, monitored a total volume of $3 billion USDT, and reviewed millions of transactions.

The fast intervention capability of the T3 Financial Crimes Unit enables it to detect criminal operations in real-time and halt cross-border criminal activities. This feature has contributed to the unit becoming a significant support for global law enforcement. Justin Sun, the founder of the TRON blockchain network, highlighted this achievement, stating, "Criminals now have 100 million reasons to think twice before using TRON. If you are using USDT for criminal purposes on TRON, your risk of getting caught is very high."

In terms of security and cooperation in digital assets, Tether CEO Paolo Ardoino emphasized the importance of collaborating with global law enforcement to freeze criminal assets and prevent malicious individuals from misusing stablecoins. Ardoino remarked, "Tether is deeply committed to maintaining the integrity of the financial ecosystem. Together with our partners at T3, we are setting new standards for transparency, security, and accountability in the digital asset space."

Chris Janczewski, Global Investigations Director at TRM Labs, pointed out the effective collaboration between the T3 Financial Crimes Unit and law enforcement agencies worldwide, stating, "Freezing over 100 million USDT is just the beginning. As more legitimate users enter the crypto ecosystem by 2025 and beyond, keeping this space secure becomes more important than ever."

The importance of public-private partnerships is highlighted by the T3 Financial Crimes Unit, which demonstrates the effectiveness of blockchain technology in combating crime through collaboration with key players such as TRON, Tether, and TRM Labs. This model reflects the power of public-private partnerships and stands as a successful example of developing new strategies against financial crimes. Particularly in combating cybercrime, it has become an important tool for enhancing security in the digital asset world.