THE BLOCK · 2026-11-13 05:08 UTC

TRM Labs launches new service to help police seize stolen crypto in minutes

TRM Labs launched Beacon Concierge, a managed service letting verified law enforcement agencies work with exchanges and stablecoin issuers to seize illicit crypto funds on any chain. The service is built on the Beacon Network, which has more than 200 members covering 80% of crypto trading volume, and has supported 15 cases for 14 agencies in 10 countries with over $35 million frozen. DefiLlama data cited in the article shows $8.78 billion lost across 341 crypto hacks and exploits year-to-date, led by a $6.36 billion breach at Binance.

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