Tether, Tron, and TRM Labs Freeze $300 Million in Illicit Crypto

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author: CryptoNews

date: October 31, 2025

1 min. read

In a significant victory against crypto crime, Tether (USDT), Tron (TRX), and TRM Labs' joint "T3 Financial Crime Unit" has frozen $300 million in illicit funds in its first year, according to CoinDesk. This collaborative effort, targeting money laundering and "pig butchering" scams, demonstrates the growing power of coordinated action against bad actors in the digital asset space. The T3 unit's success stems from international investigative cooperation, spanning five continents. This global approach allows them to effectively track and confiscate funds tied to large-scale criminal organizations. This action underscores the increasing scrutiny and proactive measures being taken to combat financial crime within the cryptocurrency ecosystem, making it a safer and more legitimate space for users. ```