The T3 Financial Crimes Unit has frozen nearly $9 million linked to the Bybit hack, marking one of the largest cryptocurrency thefts to date. Paolo Ardoino, CEO of Tether, highlighted the organization's commitment to combating illicit activities through this action. In related news, the U.S. Department of Justice (DOJ) has seized $23 million in cryptocurrency as part of a crackdown on a fraudulent trading operation, leading to charges against the founder of Gotbit for manipulating tokens through fake bots and wash trading. Additionally, UK authorities have frozen approximately £6 million in cryptocurrency since new enforcement powers were enacted last year, as part of ongoing efforts to regulate the crypto market. This comes alongside a broader £1 billion tax crackdown by HMRC, which could enable direct cash seizures from bank accounts.