Binance Joins T3+ Program to Freeze $6M in Illicit Crypto Assets

Binance, the world’s largest cryptocurrency exchange, has joined the T3+ Global Collaborator Program, a cross-sector initiative led by T3 Financial Crime Unit (FCU), TRON, Tether, and TRM Labs. As the first official member, Binance has contributed to the freezing of nearly $6 million in illicit assets through real-time intelligence sharing, supporting the program’s broader success in blocking over $250 million in criminal assets since September 2024 [1]. The program aims to strengthen blockchain security and compliance by fostering collaboration between industry leaders and law enforcement [2].

The T3+ initiative leverages the analytical capabilities of major crypto players to trace and freeze funds associated with fraud, scams, and other illicit activities. By integrating Binance’s transactional data and Tron and Tether’s blockchain infrastructure, the T3 FCU has been able to monitor and analyze over $3 billion in transactions globally, identifying and blocking suspicious flows [4]. This effort reflects the growing importance of cross-border cooperation in addressing the rapid evolution of crypto-related financial crime [3].

The T3+ program is designed to streamline the identification and freezing of criminal assets on distributed ledgers through a formalized framework for intelligence sharing and sanctions enforcement. This structured approach may set a precedent for future anti-money laundering (AML) efforts, particularly in regions where regulatory frameworks are still developing. The initiative’s real-time monitoring and asset tracking capabilities are expected to enhance transparency and reduce the anonymity of illicit transactions [2].

Industry leaders have emphasized the potential impact of such collaborations on global compliance standards. Paolo Ardoino, CEO of Tether, noted that the freezing of $250 million in less than a year demonstrates the effectiveness of joint efforts in combating blockchain-based financial crime [4]. This alignment between major players in the crypto ecosystem signals a shift toward more robust and standardized compliance practices across exchanges and platforms [5].

With the rise in sophisticated and rapid cyberattacks—many occurring within 24 hours—the T3+ program’s efforts are seen as a critical response to the challenges posed by crypto crime [5]. The initiative’s focus on asset freezes not only disrupts criminal networks but also reinforces market confidence in the integrity of digital asset systems. As more exchanges and technology firms are expected to join, the program could serve as a model for future global cooperation in the fight against financial crime in the digital age [7].

Source:

[1] TRM - [https://www.trmlabs.com/resources/blog/t3-financial-crime-unit-launches-t3-global-collaborator-program-over-250m-in-criminal-assets-frozen-as-binance-becomes-first-member](https://www.trmlabs.com/resources/blog/t3-financial-crime-unit-launches-t3-global-collaborator-program-over-250m-in-criminal-assets-frozen-as-binance-becomes-first-member)

[2] Cointelegraph - [https://cointelegraph.com/news/crypto-crime-unit-250m-seizures-binance](https://cointelegraph.com/news/crypto-crime-unit-250m-seizures-binance)

[3] CoinDesk - [https://www.coindesk.com/policy/2025/08/12/tether-tron-backed-t3-financial-crime-unit-has-frozen-usd250m-of-criminal-assets-in-a-year](https://www.coindesk.com/policy/2025/08/12/tether-tron-backed-t3-financial-crime-unit-has-frozen-usd250m-of-criminal-assets-in-a-year)

[4] AInvest - [https://www.ainvest.com/news/t3-fcu-freezes-250m-illicit-assets-binance-joins-t3-program-2508/](https://www.ainvest.com/news/t3-fcu-freezes-250m-illicit-assets-binance-joins-t3-program-2508/)

[5] Mitrade - [https://www.mitrade.com/insights/news/live-news/article-3-1034286-20250813](https://www.mitrade.com/insights/news/live-news/article-3-1034286-20250813)

[7] Coinspeaker - [https://www.coinspeaker.com/tron-t3-freezes-crypto-crime-assets/](https://www.coinspeaker.com/tron-t3-freezes-crypto-crime-assets/)