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TRM Labs Launches Beacon Concierge for Crypto Seizures

TRM Labs Launches Beacon Concierge for Crypto Seizures

Key Facts

  • TRM Labs launched Beacon Concierge, a managed service that lets any verified law enforcement agency work with exchanges and stablecoin issuers to seize illicit crypto on any chain or asset.

  • The service runs on TRM’s Beacon Network, which has more than 200 members covering 80% of crypto trading volume.

  • Beacon Concierge has supported 15 cases for 14 agencies in 10 countries, with more than $35 million frozen.

TRM Labs has launched Beacon Concierge, a managed service that lets any verified law enforcement agency work with exchanges and stablecoin issuers to interdict and seize illicit crypto on any chain or asset. 

Many agencies lack direct issuer relationships or the capacity to package requests and act while funds are…

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