{"id":409902,"date":"2025-11-01T21:22:32","date_gmt":"2025-11-01T15:52:32","guid":{"rendered":"https:\/\/dripp.zone\/news\/t3-fcu-has-frozen-over-300-million-in-illicit-funds-crypto-news\/"},"modified":"2025-11-01T21:26:47","modified_gmt":"2025-11-01T15:56:47","slug":"t3-fcu-has-frozen-over-300-million-in-illicit-funds-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/t3-fcu-has-frozen-over-300-million-in-illicit-funds-crypto-news\/","title":{"rendered":"T3 FCU Has Frozen Over $300 Million in Illicit Funds – Crypto News"},"content":{"rendered":"

The financial crime unit created by Tether, Tron, and TRM Labs has frozen over $300 million since its September 2024 launch.<\/p>\n

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T3, a financial crime-fighting unit <\/a>(FCU) founded by stablecoin issuer Tether, Tron, and TRM Labs, announced<\/a> that it has frozen more than $300 million USD in illegally sourced onchain assets since its launch in September 2024.<\/p>\n

The group surpassed the landmark this month after working with the Brazilian Federal Police on Operation Lusocoin to freeze and seize 4.3 million USDT linked to a money laundering scheme.<\/p>\n

While the FCU has worked closely with global authorities, illicit funds have still managed to slip through the cracks this year, notably in Bybit\u2019s $1.5 billion hack in February, carried out by North Korea\u2019s Lazarus Group. As of July, the Lazarus Group had already laundered $1 billion<\/a> of the stolen funds, making it the largest successful crypto hack ever.<\/p>\n

Despite the failure to stop the Lazarus Group, onchain FCUs look to create a more secure onchain environment for institutions and DeFi users alike.<\/p>\n

\u201cTether is deeply committed to maintaining the integrity of the financial ecosystem by collaborating with over 280 law enforcement agencies globally,\u201d said<\/a> Tether CEO Paolo Ardoino.<\/p>\n

\u201cReaching the USD 300 million milestone demonstrates the real-world impact of blockchain technology in combating financial crime. We\u2019ve consistently backed that belief with action, working closely with global law enforcement agencies to monitor transactions and disrupt criminal activity, and we\u2019ll continue working closely with partners worldwide to ensure stablecoins remain a force for transparency and security,\u201d he concluded.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The financial crime unit created by Tether, Tron, and TRM Labs has frozen over $300 million since its September 2024 launch. T3, a financial crime-fighting unit (FCU) founded by stablecoin issuer Tether, Tron, and TRM Labs, announced that it has frozen more than $300 million USD in illegally sourced onchain assets since its launch in […]<\/p>\n","protected":false},"author":2,"featured_media":409903,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-409902","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/409902","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=409902"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/409902\/revisions"}],"predecessor-version":[{"id":409904,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/409902\/revisions\/409904"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/409903"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=409902"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=409902"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=409902"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}