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As CZ Calls for Security Alliance, Binance’s Previous Alliance Just Closed

News.Bitcoin.com
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As CZ Calls for Security Alliance, Binance’s Previous Alliance Just Closed

In an unfortunate coincidence, the T3 Financial Crime Unit, involving major crypto players Tether, Tron, TRM Labs, and Binance, had already shut down months before the $6.3 billion Binance hack. The two-year-old unit, which claimed to have frozen $450 million in illicit crypto assets, was closed in late August, Bloomberg reported, citing undisclosed people familiar […]

Key Takeaways

  1. In an unfortunate coincidence, the T3 Financial Crime Unit, involving major crypto players Tether, Tron, TRM Labs, and Binance, had already shut down months before the $6.3 billion Binance hack.
  2. The two-year-old unit, which claimed to have frozen $450 million in illicit crypto assets, was closed in late August, Bloomberg reported, citing undisclosed people familiar […]
  3. Read the full article for additional context and details.
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.