The T3 Financial Crime Unit (T3 FCU)—a private coalition formed by Tether, TRON, and TRM Labs—froze over $300 million in criminal cryptocurrency assets across 23 countries in its first year, outpacing many government agencies. According to the report, the United States led with $83 million frozen across 37 cases, while cases spanned fraud, scams, money laundering, and high-profile hacks, including $19 million traced to DPRK-linked actors from the Bybit hack.

Tron Inc., formerly known as SRM Entertainment, has filed with the U.S. Securities and Exchange Commission to raise up to $1 billion in a bid to significantly expand its reserves of TRX, the native token of the Tron blockchain.