The T3+ program was launched by the T3 Financial Crime Unit (T3 FCU), a collaborative initiative of TRON, Tether, and TRM Labs, aimed at enhancing cooperation between public and private sectors in combating financial crime on the blockchain.
Overview of T3 FCU
Founded in September 2024, T3 FCU collaborates globally with law enforcement to identify and disrupt criminal networks. It analyzes millions of transactions across five continents, assisting law enforcement in real-time.
Achievements of T3 FCU in Past Year
Since its inception, T3 FCU has frozen over $250 million USD in illicit assets worldwide. This achievement was made possible with the help of Binance and other participants. Tether CEO Paolo Ardoino emphasized the significance of this success and the need for collaboration with law enforcement.
Role of Binance in T3+ Program
Binance became the first official member of the T3+ program. Nils Andersen-Röed, Global Head of Financial Intelligence at Binance, highlighted the importance of working together with industry players and law enforcement to combat illicit activity in real-time.
The launch of the T3+ program demonstrates how collaborative efforts between the public and private sectors can significantly enhance the effectiveness of combating financial crime on the blockchain, creating a safer environment for users.
