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T3 Financial Crime Unit Secures $450M in Frozen Illicit Cryptocurrency

From moneycheck.com

Since launching in 2024, the T3 Financial Crime Unit (T3 FCU) has successfully immobilized more than $450 million in illegally obtained cryptocurrency assets. This collaborative initiative, established by Tether, TRON, and TRM Labs, provides crucial assistance to international financial crime investigations. The achievement demonstrates enhanced cooperation between private sector entities and public authorities in combating blockchain-based criminal activity. Stablecoin Issuer Takes Active Enforcement Position: Tether serves as a crucial component within T3 FCU operations due to USDT’s dominant position throughout ... (full story)

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