Tether, Tron, and TRM Labs Freeze Over 70 Billion Yen in Illegal Assets

Results of the Joint Initiative

On the 14th, Tether announced that the 'T3 Financial Crime Unit (T3 FCU)', a joint initiative with Tron (TRX) and TRM Labs, has frozen more than $450 million (approximately 71.3 billion yen) in illegal assets worldwide.

Although not detailed in the main text of the announcement, the description of T3 FCU indicates that this amount was achieved by September 2024 since the operation of T3 FCU...