🛡 Binance Joins Forces with Expanded T3+ Anti-Crime Network
Binance has officially joined T3+, the enhanced Financial Crime Unit established by TRON, Tether, and TRM Labs, becoming the initiative’s first new member since its expansion. Since its launch in September 2024, the group has frozen over $250 million in illicit assets — nearly doubling its January total of $130 million — and monitored more than $3 billion in transactions.
Operating as a public–private alliance, T3+ works closely with international law enforcement to fast-track cross-border criminal investigations.
Binance’s Global Head of Financial Intelligence described the move as “proactive collaboration”, emphasizing the platform’s commitment to fighting illicit activity. Tether CEO Paolo Ardoino also praised the joint effort, calling it a clear example of the crypto industry uniting to tackle financial crime.
According to TRM Labs, overall illicit crypto activity dropped 24% in 2023, making up just 0.4% of total transaction volume. Notably, the TRON network recorded the largest decline, with criminal activity shrinking by $6 billion year-over-year.
This achievement highlights how coordinated industry action can significantly disrupt bad actors in the crypto ecosystem. With regulatory cooperation on the rise, more exchanges and platforms are expected to join T3+ in the coming months.
