Huobi HTX joins TRM Labs Beacon Network to combat cryptocurrency financial crime

Huobi HTX announced its membership as a founding member of the Beacon Network, the world's first real-time cryptocurrency crime response network initiated by TRM Labs. Huobi HTX will collaborate with leading exchanges and law enforcement agencies worldwide to monitor and block illegal fund flows in real time, shifting the industry's response to financial crime from 'post-event reaction' to 'real-time prevention.' This collaboration demonstrates Huobi HTX's long-term commitment to compliance and security, and sets a new cooperative standard for the industry. The Chief Security Officer of Huobi HTX pointed out that with the rapid development of the cryptocurrency industry, criminal activities such as hacking and money laundering have become more specialized, intelligent, complex, and rapid. We must work together with the industry to build joint prevention and control, creating a 'Great Wall of Steel' for the cryptocurrency industry.