TRM Labs Launches Beacon Network: A New Era for Real-Time Crypto Crime Prevention

Blockchain intelligence firm TRM Labs has announced the launch of Beacon Network, a revolutionary real-time system designed to prevent crypto crime before it occurs. This groundbreaking initiative brings together major exchanges, stablecoin issuers, and law enforcement agencies worldwide to intercept illicit funds as they exit the blockchain. Founding members include industry giants like Coinbase, Binance, PayPal, Robinhood, Stripe, Kraken, Ripple, Crypto.com, and many more. Alongside these institutions are prominent government bodies and security researchers such as ZachXBT and Security Alliance (SEAL). 🚨 This is a major breakthrough in crypto crime prevention: the first real-time network for tracing funds instantly. Exchanges can now act swiftly and prevent criminal activity before it escalates.