Tether’s T3 Crime Unit says it has frozen $450M in suspected illicit crypto
T3 Financial Crime Unit says it has frozen over $450 million tied to suspected illicit activity as stablecoin compliance pressures intensify.
The T3 Financial Crime Unit, a joint initiative backed by Tether, Tron and blockchain analytics company TRM Labs, says it has helped freeze more than $450 million in assets linked to suspected criminal activity since its launch in 2024.
The group said in a Thursday release shared with Cointelegraph that it has worked with law enforcement agencies across 23 jurisdictions to target funds tied to alleged drug trafficking, exchange hacks, North Korea-linked activity, terrorist financing and violent “wrench” attacks, including kidnappings and extortion.
The unit focuses on Tether’s USDT stablecoin activity on the Tron blockchain and says it has been able to freeze assets within 24 hours in multiple emergency cases at the request of authorities. T3 FCU said it intercepted 43.9% more illicit proceeds in 2025 than in the previous year.