🔐 Binance Joins Beacon Network as Founding Member
🌍 Beacon Network = World’s first real-time crypto crime response system, developed by TRM Labs with top industry + law enforcement support.
🏦 Binance’s role is key: With 280M+ users & deepest liquidity, Binance can quickly detect, freeze, or block suspicious funds.
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⏱️ In the past: Illicit funds were often caught too late, after being withdrawn.
🚫 Criminals could move money across thousands of transactions in minutes.
✅ Now: Verified investigators flag scam/hack addresses → Alert instantly sent across network → Exchanges act in real-time.
🛡️ Power of Collaboration
🤝 Combines exchanges, stablecoin issuers, regulators, & law enforcement into one intelligence-sharing system.
🔒 Moves crypto security from reactive ➡️ proactive.
📈 Boosts trust, safety & adoption of digital assets worldwide.
💬 Noah Perlman (Binance CCO): Blockchain is one of the most powerful tools to fight financial crime. Beacon Network takes it to the next level.