Bitcoin.com News reports that Binance's T3 Financial Crime Unit, which included Tether, Tron, and TRM Labs, was shut down in late August. This closure occurred months before a $6.3 billion hack at Binance. The unit had claimed to freeze $450 million in illicit crypto assets. The timing raises questions about security measures in the crypto space, especially as Binance CEO CZ calls for a new security alliance.
Based on the Bitcoin.com News report; not independently verified.
Source published: Fri, 06 Nov 2026 11:30:11 +0000
[Read the original report](https://news.bitcoin.com/security/as-cz-calls-for-security-alliance-binances-previous-alliance-just-closed/)
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