Ripple and Binance Join Forces with TRM Labs to Combat Real-time Crypto Fraud

TRM Labs, a blockchain intelligence firm aiding businesses and law enforcement agencies in combating crypto crimes, has launched Beacon Network, the first dedicated response network for real-time cryptocurrency fraud prevention. Developed in collaboration with law enforcement, stablecoin issuers, exchanges, and various firms, the network leverages key players like Ripple, Binance, Stripe, Anchorage Digital, Zodia Custody, PayPal, Robinhood, and more to form a groundbreaking alliance between traditional institutions and crypto companies.