Binance has announced its entry into the T3 Financial Crime Unit, reaffirming its commitment to combat rising threats in the cryptocurrency space.
Binance Joins T3+ Partnership
The T3 Financial Crime Unit was launched in September 2024 and has already frozen over $250 million in illicit crypto assets. Binance is the first T3+ partner of this coalition, expanding the scope of collaboration.
Secrets of Rapid Crypto Hacks
A report from Swiss analytics firm Global Ledger shows that over $3 billion in crypto was stolen in the first half of 2025, with hackers moving funds at unprecedented speeds. More than 30% of stolen assets were transferred within 24 hours. The average time from theft to laundering was just 15 hours.
Debate Over Stablecoin Issuers' Power
The success of the T3 FCU partly relies on the ability of centralized actors to halt transactions. Critics argue that such power undermines decentralized finance principles. However, supporters say it is essential for protecting users and preventing large-scale thefts. Tether CEO Paolo Ardoino emphasized, "Bad actors have nowhere to hide on the blockchain...".
With Binance's entry into the T3+ program and increasing collaboration in the fight against crypto crime, the industry remains under pressure to safeguard assets and maintain trust in the digital economy.
