T3, a financial crime unit created by Tether, Tron and TRMLabs, has announced that it has frozen over $300 million in on-chain illicit assets since its inception in September 2024.
This milestone was crossed this month after the department worked with the Brazilian Federal Police on Operation Luso to freeze and seize 4.30 million USDT linked to the money laundering scheme. Despite T3's close cooperation with law enforcement agencies around the world, illicit funds have managed to escape detection this year.
In February, the North Korean hacking group Lazarus Group carried out a $1.50 billion attack on the Bybit exchange. By July, the group had laundered 1 billion dollars of stolen funds, making it the largest cryptocurrency theft ever.
Tether CEO Paolo Ardoino said that Tether is committed to working with more than 280 law enforcement agencies around the world to maintain the integrity of the financial ecosystem, and reaching the $300 million milestone demonstrates the practical impact of blockchain technology in combating financial crime.
Tether: T3 FCU has frozen over $300 million in illegal funds
2025-11-03 07:39:35
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Tether：T3 FCU已冻结超3亿美元非法资金Next article：
OKX将上线Hyperliquid(HYPE)现货交易
