Binance Joins T3+ to Combat Blockchain Crime
Binance Blog published a new article, announcing Binance's membership in T3+, a global collaboration program aimed at combating illicit activities on the blockchain. This initiative, launched by Tether, TRON, and TRM Labs, underscores Binance's commitment to working with industry partners and law enforcement to create a safer and more transparent crypto ecosystem. As the first member of T3+, Binance has already played a crucial role in the program's initial success by freezing nearly $6 million linked to a pig butchering scam. This early achievement highlights the power of collaboration in protecting users and the broader crypto ecosystem.
The T3+ program is part of the T3 Financial Crime Unit (T3 FCU), a joint effort by major crypto industry players to facilitate public-private partnerships in the fight against illicit blockchain activities. Since its inception in September 2024, T3 FCU has frozen over $250 million in ill-gotten assets worldwide, working closely with law enforcement agencies across five continents to disrupt criminal networks in real time. Binance's involvement in T3+ reflects its dedication to fostering a maturing crypto ecosystem where innovation, regulation, and security work hand in hand. Nils Andersen-Röed, Binance's Global Head of the Financial Intelligence Unit, emphasized the importance of collaboration in ensuring blockchain's long-term success and credibility.
T3 FCU has analyzed millions of transactions totaling over $3 billion in volume within less than a year since its inception. This comprehensive monitoring capability has enabled T3 FCU to identify and disrupt criminal operations across borders swiftly and effectively, making it an invaluable resource for law enforcement agencies worldwide. T3+ aims to expand industry and public-private partnerships to enhance monitoring capabilities, accelerate communication, and multiply the collective ability to address illicit activity across blockchain ecosystems. Industry leaders like Paolo Ardoino, CEO of Tether, and Justin Sun, Founder of TRON, have expressed their support for T3+, highlighting the importance of unified efforts to create a safer, more transparent crypto environment for users worldwide.
Binance continues to enhance its detection systems to identify malicious activity earlier and respond faster to evolving threats. Between December 2022 and May 2025, Binance has helped protect 7.5 million users from nearly $10 billion in potential fraud through freeze-and-recovery operations and real-time threat detection. Moving forward, Binance remains committed to strengthening its compliance and security efforts, deepening cooperation with industry partners through programs like T3+, and working closely with regulators and law enforcement worldwide to promote a safer crypto environment for all users. Together with T3+ and its partners, Binance is building a future where blockchain innovation thrives alongside trust, security, and transparency.
