A new task force is making waves in the fight against crypto crime. In just four months, the T3 Financial Crime Unit (T3FCU) – a team-up between Tron, Tether, and TRM Labs – has frozen over $126 million in USDT on the Tron blockchain.
A Quick Freeze
The T3FCU’s impressive results show its effectiveness in tracking and seizing illicit funds. The majority of the frozen assets were linked to money laundering and investment scams. This swift action sends a clear message to would-be criminals.
Global Reach and Big Numbers
Over the past four months, T3FCU has monitored a whopping $3 billion in USDT transactions across five continents. This widespread surveillance capability is a key factor in their success.
Justin Sun’s Comments
Tron founder Justin Sun boasted about the T3FCU’s success, stating that criminals now have a strong incentive to avoid using Tron for illegal activities. He emphasized the unit’s rapid success in freezing criminal assets.
Disclaimer: This information is for news purposes only and is not financial advice. Investing in cryptocurrencies is risky, and you could lose money. Always do your own research before making any investment decisions.
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