TRM Labs, a leading blockchain intelligence company, has launched the Beacon Network — the first real-time response network for crypto crime. This platform brings together exchanges such as Binance, Coinbase, and Kraken, stablecoin issuers, law enforcement agencies, and researchers to instantly block stolen assets. The launch took place on August 21, 2025, when cryptocurrency theft volumes in 2025 had already exceeded $2.3 billion, and since 2023, at least $47 billion had been sent to addresses associated with fraud.
The Beacon Network allows marking criminals' wallets and stopping transactions before they are converted into fiat money. For example, the network has already helped freeze $6 million in a 'pig butchering' fraud case. The platform operates on a rapid response principle: law enforcement records suspicious addresses, and network participants receive instant notifications to block funds.
This initiative demonstrates a new era of collaboration between traditional financial institutions and the crypto industry aimed at enhancing security. Experts believe that the Beacon Network could radically change the approach to combating crypto crime, reducing response time from days to minutes.
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