Tron, Tether, and TRM Labs say their joint financial crime unit has frozen more than $250 million in illicit crypto assets since launching less than a year ago, and is expanding its reach through a new program that brings Binance on as its first member. Launched in September 2024, the T3 Financial Crime Unit (T3 FCU) is a public-private initiative designed to track and disrupt illicit blockchain transactions. The $250 million frozen is more than double the amount reported in the first six months after T3 FCU’s launch. In January, the unit disclosed it had intercepted over $100 million in illicit assets since its ... (full story)