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Tether and the T3 Financial Crimes Unit froze assets worth $126 billion.

Tether and the T3 Financial Crimes Unit froze assets worth $126 billion.

03.01.2025 14:42

Tether, the Tron Blockchain, and the T3 Financial Crimes Unit led by TRM Labs have frozen cryptocurrency assets worth 126 million USDT as part of their efforts to combat illegal activities. The operations prevented money laundering and investment fraud activities.

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A groundbreaking development has occurred in the world of cryptocurrency. The T3 Financial Crimes Unit, established under the leadership of stablecoin giant Tether, has frozen a total of 126 million USDT worth of crypto assets in operations conducted since August 2026. In this comprehensive fight against illegal activities, 56 million dollars related to money laundering and 36 million dollars related to investment fraud have been detected.



MAJOR BLOW TO MONEY LAUNDERING AND FRAUD OPERATIONS



Recent developments in the cryptocurrency sector have highlighted the effectiveness of financial oversight mechanisms. Under the leadership of stablecoin giant Tether, the T3 Financial Crimes Unit, formed by the Tron Blockchain network and TRM Labs, decided to freeze crypto assets worth a total of 126 million USDT as a result of its efforts since August 2026.



In these operations carried out to combat illegal activities, transactions amounting to 56 million dollars related to money laundering and 36 million dollars related to investment fraud were detected. In a statement made by Tether CEO Paolo Ardoino in April 2024, he emphasized that cryptocurrencies are traceable contrary to popular belief, which formed the basis of these operations.



As a result of joint efforts conducted by the FCU with international security agencies in 2024, approximately 3 billion dollars worth of suspicious transactions were scrutinized. These developments not only facilitated the return of stolen digital assets to their owners but also sparked debates within the cryptocurrency community. Particularly, advocates of decentralization expressed concerns that such interventions could restrict individual freedoms.



Looking back at previous periods, it is evident that similar measures have been consistently applied. In October 2022, 8.2 million USDT was frozen on the Ethereum Blockchain network, and by the end of the year, a total of 360 million dollars worth of transactions were blocked. In October 2023, a transaction worth 873 thousand USDT linked to terrorist activities was frozen, bringing the annual total to 835 million dollars.



In November of the same year, in a joint operation with the U.S. Department of Justice, 225 million dollars worth of stablecoins belonging to a human trafficking network in Southeast Asia were blocked. By April 2024, Tether announced that assets in Venezuela would be frozen under U.S. sanctions. This decision was made following allegations that the country's state oil company, Petroleos de Venezuela, was using stablecoins to circumvent sanctions.



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