Tether and Tron shut T3 crime unit two months before $6.3 billion Binance hack
AI summary
Tether and Tron wound down their T3 Financial Crime Unit in late August, roughly two months before a $6.3 billion Binance hack. The unit had frozen more than $450 million in illicit USDT alongside authorities in 23 jurisdictions. Traders may read the timing as a sign of weaker stablecoin policing, a confidence risk for USDT and exchange security more broadly.
