Bloomberg reports T3, the anti-financial crime unit run by TRM Labs, Tether and TRON, quietly shut down in August after freezing over $450M in illicit USDT. Sources cited slow responses and poor coordination.

Bloomberg reports T3, the anti-financial crime unit run by TRM Labs, Tether and TRON, quietly shut down in August after freezing over $450M in illicit USDT. Sources cited slow responses and poor coordination.

The story was picked up today in followed Telegram channels including Rickler Feed and Leviathan-linked feeds, citing Bloomberg and tagging $TRX and TRM Labs. No separate statements from TRM Labs, Tether or TRON were readable in those forwards, and X was unavailable to check their accounts.

For TRX itself, exchanges quote about $0.32 today, down about 0.9% over 24h: Binance spot $0.3202, OKX spot $0.32031, Gate spot $0.3201, Kraken spot $0.3200. That move looks like normal trading rather than a proven reaction to the T3 news.