Since its establishment in September 2024, the T3 Financial Crime Unit (FCU) has successfully frozen over $300 million in criminal assets worldwide.
Summary:
- T3 FCU has seized $300 million linked to global criminal operations.
- The unit has supported cases across 23 countries globally.
- Binance became part of the expanded T3+ program to strengthen blockchain crime collaboration.
This joint effort between Tether, TRON, and TRM Labs works closely with law enforcement agencies worldwide to identify, trace, and dismantle criminal networks that exploit cryptocurrencies. The unit’s actions have been crucial in disrupting various illegal activities, including money laundering, fraud, terrorism financing, and organized crime.
The Brazilian Federal Police recently acknowledged the T3 FCU for its contribution to Operation Lusocoin. Which resulted in freezing over R$3 billion in assets, including 4.3 million USDT linked to criminal groups.
T3 FCU’s Global Impact:
In just its first year, T3 FCU has provided support to law enforcement agencies in 23 countries, covering every continent except Africa. The U.S. recorded the highest amount of seized assets. With $83 million frozen in 37 cases, representing 27% of the total. Brazil followed with over $13 million in seven cases. Other key countries involved include Spain, Germany, Albania, Bulgaria, Finland, Australia, Poland, and the UK.
Binance Joins the T3+ Program:
To enhance the global effort against illicit blockchain activities, the T3+ Global Collaborator Program was launched in August. With Binance joining as the first official member. In late October, T3 FCU and T3+ participants took part in the 9th Global Conference on Criminal Finances and Cryptocurrencies in Vienna. Which was co-organized by Europol and the Basel Institute on Governance. During the event, representatives from TRON DAO, Tether, Binance, TRM Labs, and Europol discussed how the T3 FCU model could foster greater collaboration between public and private sectors.
