T3 FCU Freezes $26.4M in Spain as Justin Sun Warns of Blockchain Abuse

Description

Spanish law enforcement, in partnership with blockchain firms Tron, Tether, and TRM Labs, has frozen $26.4 million in cryptocurrency linked to a money laundering network operating across Europe. The operation was carried out by the T3 Financial Crime Unit, an initiative formed in August 2024 by the three companies to combat illicit financial activities. The T3 FCU’s Operation Justin Sun admitted in an X post that the operation highlights that “Criminals are drawn to the same features that make b...