TRM Labs launches Beacon Network to curb cryptocurrency crime

TRM Labs launched the Beacon Network, with Huobi HTX and others joining to monitor illegal fund flows in real-time, shifting from reactive measures to prevention, and promoting joint defense and control in the industry.

This collaboration comes at a timely moment, as crypto insiders are set to sell 1.7 billion shares in 2025, with three-quarters during the Bitcoin bull market, while the UK sanctions Grinex and Meer for ruble-pegged tokens.

With regulatory winds tightening, the U.S. Department of Justice is focusing on the criminal investigation of Federal Reserve Governor Cook, with Trump stating he must resign; however, Goldman Sachs’ trillion-dollar fund inflow forecast provides some cushion, and Kraken’s acquisition of Capitalise.ai is favorable for automated trading.

Whale activities are frequent, with a new wallet acquiring 1.35 million ONDO; ETH dips below 4200 but whales buy 400,000, suggesting the Beacon Network might attract more legitimate funds, with a rebound expected after short-term fluctuations.