A company that is changing the way the world mines bitcoin

crypto.news 2025-01-30 10:03:03

Tether, TRON, TRM Labs freeze $26m in crypto linked to criminal network across Europe

Spain’s Guardia Civil, in collaboration with Tether, TRON, and TRM Labs, froze $26.4 million in crypto linked to a European criminal network. Spanish authorities and the T3 Financial Crime Unit blocked $26.4 million in crypto tied to a money laundering network operating across Europe. According to a Jan. 29 press release , T3 FCU — a team backed by TRON, Tether, and TRM Labs — worked with Spain’s Guardia Civil to track down crypto addresses linked to the criminal group. Officials say the organization laundered millions, converting cash into crypto for illicit purposes. TRON founder Justin Sun admits that the operation “exposes an uncomfortable truth,” adding that “criminals are drawn to the same features that make blockchain revolutionary… but we’re showing that TRON’s transparency actually makes it harder, not easier, to launder money.” You might also like: TRON teams up with TRM Labs to monitor USDT transactions According to a spokesperson for Spain’s Guardia Civil, the regulator used surveillance, investigative tools, and exchange KYC records to link the funds to money laundering. The spokesperson also revealed the criminal organization “moved millions across borders” but didn’t provide specifics. As crypto.news reported earlier, the T3 Financial Crime Unit was created to fight illegal activity involving USDT on the TRON blockchain. It monitors over $3 billion in USDT transactions worldwide. For T3 FCU, this is the biggest asset freeze since its launch in 2024. In total, the group has helped authorities freeze over $126 million linked to illicit activity across five continents. Tether chief executive Paolo Ardoino says the move is a “testament to the power of blockchain” in fighting crime, warning criminals that “those who attempt to misuse Tether will get caught.” Read more: Crypto heists near $1.4b in first half of 2024: TRM Labs

En Okunan haberler

Trump Media Taps Familiar Faces For Truth.Fi
2025-01-31
ECB President Lagarde Suggests Bitcoin’s Rese...
2025-01-31
Tether’s USDT Integration with Bitcoin’s Ligh...
2025-01-31
New York Stock Exchange Seeks to Convert Gray...
2025-01-31
Tether’s stablecoin to be integrated into Bit...
2025-01-31
ECB President Lagarde Dismisses Bitcoin as Re...
2025-01-31
Montana Joins the Bitcoin Movement, Igniting...
2025-01-31
Ethereum’s Accumulation Signals Possible Mark...
2025-01-31

Alakalı haberler

US SEC Clears Bitwise ETF Offering Dual Bitcoin an...
31 Jan 2025
Bitfinex to Launch Blockstream Mining Note 2 in El...
31 Jan 2025
Solana Surpasses Binance Smart Chain as TRUMP Toke...
31 Jan 2025
Telegram Game 'Farm Frens' Airdrop Delayed as Devs...
31 Jan 2025
SEC authorizes NYSE to trade Bitwise’s hybrid Bitc...
31 Jan 2025
Arthur Hayes Sees Bitcoin Falling to $70K—Here’s W...
31 Jan 2025

Feragatnameyi okuyun : Burada sunulan tüm içerikler web sitemiz, köprülü siteler, ilgili uygulamalar, forumlar, bloglar, sosyal medya hesapları ve diğer platformlar (“Site”), sadece üçüncü taraf kaynaklardan temin edilen genel bilgileriniz içindir. İçeriğimizle ilgili olarak, doğruluk ve güncellenmişlik dahil ancak bunlarla sınırlı olmamak üzere, hiçbir şekilde hiçbir garanti vermemekteyiz. Sağladığımız içeriğin hiçbir kısmı, herhangi bir amaç için özel bir güvene yönelik mali tavsiye, hukuki danışmanlık veya başka herhangi bir tavsiye formunu oluşturmaz. İçeriğimize herhangi bir kullanım veya güven, yalnızca kendi risk ve takdir yetkinizdedir. İçeriğinizi incelemeden önce kendi araştırmanızı yürütmeli, incelemeli, analiz etmeli ve doğrulamalısınız. Ticaret büyük kayıplara yol açabilecek yüksek riskli bir faaliyettir, bu nedenle herhangi bir karar vermeden önce mali danışmanınıza danışın. Sitemizde hiçbir içerik bir teklif veya teklif anlamına gelmez