TRM Labs launched the Beacon Concierge service: assisting law enforcement in intercepting illegal cryptocurrency funds

According to The Block, TRM Labs has launched a custody service called Beacon Concierge, aimed at assisting law enforcement agencies in collaborating with cryptocurrency exchanges and stablecoin issuers to prevent and seize illegal cryptocurrency flows on any chain or asset.

Beacon has over 200 members, covering 80% of cryptocurrency trading volume, with response times measured in minutes.