A joint initiative between Tether, TRON, and TRM Labs is collaborating closely with law enforcement agencies worldwide to detect, trace, and disrupt criminal networks using cryptocurrencies.
The task force, known as the T3 Financial Crime Unit (T3 FCU), has played a role in dozens of investigations across various jurisdictions, tackling crimes such as money laundering, investment scams, terrorism financing, and organized crime.
Recently, Brazil’s Federal Police formally commended T3 FCU for its contribution to Operation Lusocoin, which resulted in the freezing of more than R$3 billion in assets, including 4.3 million USDT linked to criminal organizations.
T3 FCU Hits $300 Million Milestone in Global Crypto Crime Crackdown
In just one year, the T3 Financial Crime Unit (T3 FCU), a partnership between Tether, TRON, and TRM Labs, has assisted law enforcement agencies across 23 jurisdictions on every continent except Africa.
Your completely free resource hub designed to boost your knowledge of cryptocurrencies
The United States recorded the highest level of cooperation, with $83 million seized across 37 cases, representing 27% of total volume. Brazil came next, freezing over $13 million in seven operations. Other key regions include Spain, Germany, Albania, Bulgaria, Finland, Australia, Poland, and the United Kingdom.
The most frequent crimes investigated involved illicit goods and services (39%), followed by fraud and scams, hacks and exploits, and cases tied to North Korea, including the $19 million Bybit hack. The unit also targeted crimes involving controlled substances, terrorist financing, and violent offenses.
“Reaching the USD 300 million milestone demonstrates the real-world impact of blockchain technology in combating financial crime,” said Tether CEO Paolo Ardoino, noting that the company now works with over 280 law enforcement agencies worldwide.
