The T3 Financial Crime Unit, a joint initiative from TON, Tether and Blockchain Analytics TRM LABS, has now frozen more than $ 250 million of criminal assets less than a year after its launch.
Paulo Erdino, CEO of Tether, said in a statement on Tuesday.
T3 was formed in September 2024, T3 worked with law enforcement agencies on five continents to target funds associated with money laundering, fraud, hacking, terrorist financing, and other crimes.
The unit says it has watched more than $ 3 billion in the volume of transactions and the coordination of high -level attacks, including fraud revenue “slaughtering pigs” Organized crime networks in Europe.
This teacher coincides with the launch of “T3+”, a new cooperation program between the public and private sectors that aims to accelerate across border investigations by bringing stock exchanges, financial institutions and other stakeholders in actual time enforcement efforts.
Binance is the first member of the program, where the stock exchange already works alongside T3 to freeze approximately $ 6 million connected to Pigs slaughtering pigs.
The group said that expanding partnerships through T3+ would help expand the scope of monitoring and actual time intervention through the global ecosystem for encryption.
publish_date
