News Explorer — T3 Financial Crime Unit Freezes $450 Million in Illicit Digital Assets, Aiding Global Law Enforcement Efforts

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May 14, 5:16 pm

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T3 Financial Crime Unit Freezes $450 Million in Illicit Digital Assets, Aiding Global Law Enforcement Efforts

The T3 Financial Crime Unit, formed by Tether, Tron, and TRM Labs, has frozen over $450 million in illicit digital assets globally. It collaborates with regulatory agencies to combat crimes like drug trafficking, terrorist financing, and violent offenses involving cryptocurrencies.

The T3 Financial Crime Unit, formed by Tether, Tron, and TRM Labs, has frozen over $450 million in illicit digital assets globally. It collaborates with regulatory agencies to combat crimes like drug trafficking, terrorist financing, and violent offenses involving cryptocurrencies.

Latest

Jul 14, 1:09 pm

www.gov.uk

New UK Tax Treatment for Crypto Loans, Liquidity Pools Defers Capital Gains Tax Until Disposal

The UK's HMRC has unveiled a new tax treatment for Individuals and trustees involved in cryptoasset loans and liquidity... Read Summary

Jul 14, 12:10 pm

Coindesk

ECB Picks 36 Firms for Digital Euro Pilot

The European Central Bank (ECB) has chosen 36 banks and payment firms to participate in a digital euro pilot program, se... Read Summary

Jul 14, 11:08 am

Decrypt

US Government Sends $288M in Bitcoin, Ethereum to Coinbase Prime

The U.S. government transferred $288 million in seized Bitcoin and Ethereum to Coinbase Prime, sparking speculation abou... Read Summary

Jul 13, 6:57 pm

Decrypt

Bolivia Evaluating USDT as a Payment Method, Says Economic Minister: Report

Bolivia is considering including Tether's USDT stablecoin as a payment method as its economy stabilizes. The country, on the FATF grey list, is carefully evaluating crypto assets for regulation. Read Summary

Jul 13, 4:59 pm

Decrypt

What's Behind Robinhood Chain's Initial Success? Meme Coins, Not Tokenized Stocks

Robinhood Chain, launched two weeks ago, initially saw meme coins dominating trading volumes despite offering tokenized... Read Summary

Jul 13, 4:34 pm

Coindesk

Mizuho Warns Investors That Circle's Bank Charter Approval May Not Resolve Stablecoin Challenges

Mizuho believes Circle Internet Group's approval to establish a digital currency bank is positive but may not address un... Read Summary

Jul 13, 3:22 pm

Decrypt

Tom Lee's BitMine Boosts Ethereum Holdings Again, Now Above $10 Billion

BitMine Immersion Technologies acquired an additional $49 million worth of ETH, bringing their total holdings to 5,770,0... Read Summary

Jul 13, 2:09 pm

Decrypt

Strategy Skips Bitcoin Buy, Raises $467 Million in Share Sale to Boost Cash Reserve

Strategy's cash reserves grew to $3 billion after raising $467 million through common stock issuance, maintaining its st... Read Summary

Jul 13, 12:56 pm

Coindesk

Robinhood Chain Hits $3.1B Trading Volume, Enters Top Five DEXs: Bernstein

Robinhood's new blockchain, Robinhood Chain, has quickly become a top-five chain for decentralized trading, with $3.1 bi... Read Summary

Jul 13, 11:53 am

Decrypt

Bitcoin, Ethereum ETFs Flip Positive After Weeks of Losses

Tyler Warner's daily newsletter, Morning Minute, covers the latest news in the crypto world, including updates on Bitcoi... Read Summary

Jul 13, 11:20 am

Coindesk

Bitcoin Trades at $63K Amid Risk-off Sentiment Following U.S. and Iran Airstrikes

Bitcoin is currently trading near $63,000, influenced by risk-off sentiment after U.S. and Iran mutual airstrikes. Brent... Read Summary

Jul 13, 10:43 am

Decrypt

Chinese Prosecutors Push to Consider Coin Mixer Use as Criminal Intent in Laundering Cases

A recent article in China's top prosecutors' office newspaper outlines a framework for prosecuting crypto money launderi... Read Summary

Jul 10, 3:26 pm

Coindesk

Hyundai Implements Avalanche Stablecoin-Based Remittance System

Hyundai, the world's third-largest carmaker, has implemented a stablecoin-based remittance system on the Avalanche block... Read Summary

Jul 10, 2:54 pm

Decrypt

Stablecoin Giant Circle Secures Final Federal Bank Charter Nod

Circle has received final approval from the U.S. Office of the Comptroller of the Currency to establish a national trust... Read Summary

Jul 10, 1:52 pm

Decrypt

Standard Chartered Says Strategy's Bitcoin Sales Are a Short-Term Distraction for BTC Investors

Standard Chartered's note highlights Strategy's shift from hoarding to selling Bitcoin to pay dividends, causing uncerta... Read Summary