Tron (TRX) Strengthens Global Crypto Crime Fight with Binance Joining as T3+ Partner
In a significant move to combat escalating cryptocurrency-related crimes, Binance has joined the T3 Financial Crime Unit as its first T3+ partner. This coalition, initially formed by Tron, Tether, and TRM Labs in September 2024, has already frozen over $250 million in illicit assets—surpassing its initial $100 million milestone within the first six months. The alliance collaborates with global law enforcement agencies to tackle pressing issues such as money laundering, fraud, and terrorism financing. With Binance's inclusion, the unit is poised to enhance its capabilities and expand its reach in the ongoing battle against financial crimes in the crypto space. This development underscores the growing importance of industry collaboration in ensuring the security and integrity of the digital asset ecosystem.
Binance Joins Tron and Tether in Global Crypto Crime Fight as T3+ Partner
Binance has become the first T3+ partner in the T3 Financial Crime Unit, a coalition initially formed by Tron, Tether, and TRM Labs to combat escalating crypto-related crimes. Since its September 2024 launch, the unit has frozen over $250 million in illicit assets—more than double its $100 million milestone in the first six months. The alliance works with global law enforcement to tackle money laundering, fraud, and terrorism financing on blockchain networks.
New data from Global Ledger reveals alarming trends: crypto hacks now occur at breakneck speed, with some stolen funds laundered in under three minutes. Only 4.2% of stolen assets were recovered in the first half of 2025. Binance's inclusion in the T3+ program signals a strategic escalation, enabling real-time intelligence sharing among exchanges and financial institutions to counter these threats.
The expansion reignites debates about centralized control in decentralized ecosystems. Stablecoin issuers like Tether now wield unprecedented power to freeze funds—a double-edged sword that prioritizes security but challenges crypto's foundational principles of autonomy.
Justin Sun Sues Bloomberg Over Alleged Misrepresentation of TRX Holdings
TRON founder Justin Sun has initiated legal action against Bloomberg following a report that claimed he controls 60% of all TRX tokens in circulation. The lawsuit, filed as a restraining order, seeks removal of his profile from the Bloomberg Billionaires Index, which estimates his net worth at $12.4 billion—primarily in TRX holdings.
Sun alleges Bloomberg breached an agreement to keep his wallet addresses confidential, potentially exposing him to security risks. The disputed profile attributes 60 billion TRX, 17,000 BTC, and 224,000 ETH to Sun, claims he vehemently denies without providing alternative figures. Legal representatives state Bloomberg misrepresented both included and excluded cryptocurrency assets.
The case highlights growing tensions between crypto entrepreneurs and traditional financial media over disclosure practices. Sun's objection centers on the safety implications of publishing wallet information, citing risks of targeted hacks and physical threats—a concern amplified by his high-profile status in the blockchain industry.
Cardano Price Prediction: ADA’s $1 Breakout Sparks Talk of Ethereum-Styled Rally
Cardano's ADA has surged past the $1.00 mark for the first time since March, marking a 15.89% daily gain and igniting speculation of a sustained bullish run. The breakout reflects a V-shaped recovery from a $0.84 base, with on-chain data revealing heavy whale accumulation and historical patterns suggesting Ethereum-like upside potential.
The cryptocurrency has now flipped TRON in market valuation, trading at $0.9549 against TRX’s $0.363. Trading volume growth and higher support level reclaims underscore ADA’s momentum. Market structure suggests $1.00 could transition from resistance to support if buying pressure persists.
TRON Price Holds at $0.35 Amid Buyback and Overbought Signals
TRON (TRX) has stabilized NEAR $0.35 as technical indicators flash overbought warnings. The cryptocurrency's bullish momentum follows Tron Inc.'s record Q2 2025 earnings and a $1 billion buyback initiative, though profit-taking has introduced caution.
TRX currently trades at $0.35, up 1.29% in 24 hours, with its RSI exceeding 75—a classic overbought signal near critical resistance. The token's strength stems from fundamental drivers: a corporate turnaround yielding $1.47 million net income and shareholders' equity soaring 3,500% YoY to $111 million.
The August 4 buyback announcement catalyzed an 8% price surge, breaching $0.33. This capital deployment signals institutional conviction in TRX's long-term valuation, anchoring its position despite market volatility.
