🚨 Leading cryptocurrency exchanges and law enforcement agencies have created a new network, Beacon Network, for tracking and freezing cryptocurrencies obtained illegally. This high-tech project, developed by TRM Labs, ensures real-time cooperation and aims to prevent the outflow of illicit funds from the blockchain.

👥 Key players involved in the network include Coinbase, Binance, Kraken, as well as law enforcement agencies from the USA, Canada, the UK, and other countries. The Beacon Network automatically flags suspicious addresses, instantly alerting exchanges to potential threats. This will significantly enhance user protection and reduce fraud risks in the crypto industry.

🛡️ The new system is expected to effectively combat hackers, ransomware, and terrorism financing, as well as facilitate the recovery of funds lost due to fraudulent activities.

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