Tether, TRON, and TRM Labs freeze $100m worth of criminal crypto
The T3 Financial Crime Unit, a joint effort by Tether, TRON, and TRM Labs, has frozen over $100 million in criminal assets.
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The T3 Financial Crime Unit, a joint effort by Tether, TRON, and TRM Labs, has frozen over $100 million in criminal assets.
“Cryptocurrency transactions are not anonymous; they are the most traceable and trackable assets,” Tether CEO Paolo Ardoino said in April.
T3 Financial Crime Unit (T3 FCU) has frozen criminal assets valued at $100 million across five continents. Formed by Tether, TRON, and TRM Labs in August 2024, the group collaborates with law enforcement worldwide to disrupt organized schemes that rely on blockchain transactions.
In a latest development, the T3 Financial crime unit has hit a milestone of 100 million frozen USDT on Tron targeting a wide variety of bad actors, since the unit was formed in September. This marks a significant milestone in its fight against cryptocurrency-related financial crime.
The unit is a joint venture between Tron, TRM Labs and Tether.
As 2025 unfolds, the cryptocurrency niche is abuzz about the forthcoming big players. Although Tron TRX and Ethereum ETH remain impressive, a new breed of altcoins is promising even better rewards. Some of such new projects are Rexas Finance RXS, SUI, SEI, and Aptos APT.
Prominent Money investors have been accumulating the top 3 Ethereum (ETH) competitors for 2025, and at the top of the list is Rexas FinanceRXS), where they have invested heavily in its presale, making it complete its presale stages ahead of its schedule and accumulating more than 33m in its previous stage 10 which sold out
Tron (TRX) has consistently shown growth and resilience, making it one of the prominent players in the cryptocurrency market. With its expanding presence in the decentralized finance (DeFi) ecosystem and its focus on scalability and low transaction costs, many experts are bullish on TRX's future.
The latest price analysis by Coinidol.com report, the price of TRON (TRX) has declined since December 18 and is trapped between the moving average lines.
The crypto market ended the year with a combined valuation of $3.26 trillion. 2024 featured shifting momentum across Bitcoin, Ethereum, and other assets, influenced by Bitcoin spot ETF approval, the US election, and evolving crypto regulation.
In 2024, Tron recorded $2.12 billion in revenue, eclipsing Ethereum's $2 billion, and leaving Solana trailing significantly.
TRON (TRX) has had an undeniably successful 2024. The blockchain network saw a staggering 64% surge in active addresses, signaling growing adoption and increasing interest from both developers and users.
Cryptocurrencies are seeing a minor uptick as the year comes to an end, and CryptoQuant analyst Joao Wedson says one of the altcoins showing bullish potential is TRON. TRON (TRX) traded at around $0.2565 on Dec.
Tron network revenue increased significantly to $329.57 million in December, a 39.74% increase from the last 30 days.
Throughout 2024, Tron network's revenue reached a total of $2.12 billion. This number surged by more than 115% compared to the protocol's revenue in 2023.
Despite closing the year on a bearish note, cryptocurrencies displayed remarkable performance in 2024, with tokens hitting never-seen-before all-time highs. Meanwhile, analysts expect robust gains for the asset class in the coming year as digital assets go mainstream.
2024 has been a good year for TRX, but can 2025 be any better?
The Tron Network has recorded increased transaction volumes compared to rival networks in recent months. Recent events like the decline of the TON network after blistering inflows led to this trend.
Despite experiencing a 3.2% price decline to $0.2525, Tron (TRX) has emerged as the leading profitability cryptocurrency asset. IntoTheBlock data reveals that Tron leads with over 95% in terms of addresses in profit.
Cryptocurrency is a vast and ever-evolving market with countless possibilities, but identifying a project with real promise can seem challenging. Although established meme coins including DOGE and TRX have captured the imagination of investors at one point or the other, new entrants are promising actual gains.
As the crypto market enters 2025, investors are gearing up to target tokens with promising futures. While many cryptocurrencies undergo significant shifts as 2024 comes to a close, three tokens are emerging as clear standouts.
The Tron price has dived in the past few weeks as most cryptocurrency prices have recoiled. TRX fell from a high of $0.4506 on December 4 to a low of $0.2600, a 42% decline.
TRX may be struggling, but it's not all bad news for the TRON ecosystem.
TRON has become a standout blockchain in the cryptocurrency space, recently hitting remarkable milestones in transaction fees and USDT (Tether) activity. As the blockchain ecosystem continues to expand, these key metrics are not only reflecting growing adoption but also highlighting the increasing involvement of institutional investors in TRON's ecosystem.