T3 FCU and Binance Unite to Combat Crypto Crime
The T3 Financial Crime Unit (T3 FCU), a joint initiative by Tron, Tether, and TRM Labs, has expanded its operations through a new program with Binance. Since its inception, the T3 FCU has frozen over $250 million in illicit crypto assets.
This expansion aims to address the growing sophistication of crypto crime, with $3 billion stolen in the first half of 2025. Funds are often laundered within hours, with less than 5% recovered. The T3+ program invites industry players to share intelligence and respond to threats in real-time.
Justin Sun, founder of Tron, stated the unit will "expand the scope of collaboration across the blockchain industry to better address illicit activity in real time." Paolo Ardoino, CEO of Tether, added, "Bad actors have nowhere to hide on the blockchain… and that it’s only through collective effort that we can build a safer, more trusted environment for users worldwide."