TRM Labs launched Beacon Concierge to help verified law enforcement agencies coordinate with crypto exchanges and stablecoin issuers.
The service is designed to help stop and seize illicit funds moving across blockchains and assets.
Beacon has more than 200 members and covers 80% of crypto trading volume.
The average time to action is measured in minutes when flagged funds reach a Beacon member. That timing applies to funds reaching a member, rather than serving as a general response-time measure for every investigation.
Simon Yoon
Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to [email protected].
