Binance has become the first member of T3+, a newly expanded crypto crime unit designed to strengthen the industry’s fight against illicit activities. The initiative builds on the work of the T3 Financial Crime Unit, which was founded in 2024 by blockchain platform TRON, stablecoin issuer Tether, and blockchain intelligence firm TRM Labs.
TRONThe announcement comes with an impressive milestone: in less than a year, T3 has helped freeze more than $250 million in criminal assets, according to TRON founder Justin Sun. The figure marks a significant jump from the $130 million reported in January 2025, with the group also monitoring over $3 billion in transactions since its launch last September.
With the launch of T3+, we’re expanding the scope of collaboration across the blockchain industry to better address illicit activity in real time, and freezing over $250 million in criminal assets in under a year is a clear demonstration of what’s possible when the public and… https://t.co/hsdxZLIHTM
— H.E. Justin Sun 👨🚀 (Astronaut Version) (@justinsuntron) August 12, 2025
T3+ will operate as a public-private collaboration, bringing together cryptocurrency exchanges, financial institutions, and global law enforcement agencies to speed up cross-border investigations and improve transaction monitoring.
“This is about proactive collaboration,” said Nils Andersen-Röed, Global Head of Binance’s Financial Intelligence Unit. Tether CEO Paolo Ardoino echoed the sentiment, calling the asset freezes a “powerful testament to what’s possible when the industry comes together with a shared goal.”
The expansion of T3+ comes amid encouraging trends in crypto crime reduction. Earlier this year, TRM Labs reported that illicit crypto transaction volume had dropped 24% from 2023, totaling $45 billion—or just 0.4% of all crypto activity. TRON saw the steepest decline, with illicit volume shrinking by $6 billion.
By broadening its network and enhancing coordination between the private sector and authorities, T3+ aims to set a new standard for how the crypto industry tackles financial crime on a global scale.
