Binance Joins Expanded T3+ Anti-Crime Network
Binance has become the first new member of T3+ — the strengthened Financial Crime Unit led by TRON, Tether, and TRM Labs. Since its launch in September 2024, T3+ has frozen over $250M in illicit assets, nearly doubling its $130M total from January, while tracking more than $3B in transactions.
The alliance operates as a public–private partnership, working directly with global law enforcement to speed up cross-border criminal investigations.
Binance’s Global Head of Financial Intelligence called the move “proactive collaboration,” underscoring the exchange’s commitment to combating illicit activity. Tether CEO Paolo Ardoino echoed that sentiment, pointing to T3+ as proof the crypto industry can unite against financial crime.
TRM Labs data shows illicit crypto activity fell 24% in 2023, representing just 0.4% of total volume. TRON saw the sharpest drop, with criminal activity down by $6B year-over-year.
The results highlight how coordinated action between industry leaders and regulators can hit bad actors where it hurts. With momentum building, more platforms are expected to join T3+ in the months ahead.