• T3 Financial Crime Unit (T3 FCU) froze over $300 million in illicit crypto assets since its 2024 launch.
• The unit has assisted 23 jurisdictions in tackling money laundering, fraud, and terrorism financing.
• Binance joined the T3+ Global Collaborator Program to expand international cooperation.

The T3 Financial Crime Unit (T3 FCU), a partnership formed by Tether, TRON, and TRM Labs, has achieved a major milestone by freezing more than $300 million in criminal assets worldwide.

Established in September 2024, the unit has quickly positioned itself as a global model for fighting crypto-related crime through close collaboration between the private sector and law enforcement agencies.

Over the past year, T3 FCU has supported dozens of operations targeting investment fraud, money laundering, terrorism financing, and organized crime.

The unit’s coordinated approach has strengthened blockchain transparency, with active cases across 23 jurisdictions, including the United States, Germany, Spain, Brazil, and the United Kingdom.

The U.S. alone accounted for $83 million across 37 cases, while Brazil’s efforts led to over $13 million in frozen assets.

Also Read: U.S. Crackdown Targets $10B Crypto Fraud in Southeast Asia Tied to Trafficking

Investigators Note Rising Cases of Violent ‘Wrench Attacks’

The success achieved at T3 FCU has been recognized by the Brazilian Federal Police as a contribution to the success achieved in Operation Lusocoin. This led to the result of more than R$3 billion in assets, as well as 4.3 million USDT related to the criminal group.

This unit has proven very effective in tracking complicated transactions involving illegitimate goods, scams, as well as cases involving the Bybit hack attributed to North Korea, worth $19 million.

Another trend that has been observed among investigators involves “wrench attacks” since the term denotes physical force or violence used to access cryptocurrency wallets. This trend illustrates the increasing need for international cooperation and quick response.

Paolo Ardoino, the CEO of Tether, attributed this achievement to the cooperation between the company and over 280 law enforcement agencies.

Another person who recognized the efficiency of the program started by the organization is the founder of TRON, Justin Sun, together with the CEO of TRM Labs, Esteban Castano.

Expanding the Global Fight Against Illicit Finance

In August 2025, the “T3+ Global Collaborator Program” was introduced as a way to improve collective actions against financial crimes facilitated through cryptocurrencies.

Binance became the first entity to officially join the program. T3 FCU and partners also attended the 9th Global Conference on Criminal Finances and Cryptocurrencies held in Vienna this October.

Delegates from TRON DAO, Tether, TRM Labs, Binance, and Europol were able to share their insights on how a coordination of effort between the private and public sectors can lead to enhanced processes for the seizure of assets as well as financial security.

Also Read: Thai Police Crack Down on $15M Crypto Fraud Targeting Korean Victims