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TRM Labs Launches Service to Block Stolen Cryptocurrency

• Evgenia Sliv (edited: )
TRM Labs Launches Service to Block Stolen Cryptocurrency

On November 12, 2026, TRM Labs introduced Beacon Concierge, a service to assist law enforcement agencies in tracking and blocking cryptocurrencies linked to alleged crimes. It connects verified agencies with crypto exchanges and stablecoin issuers through the existing Beacon Network. No license for TRM Labs analytical software is required to apply.

How Beacon Concierge Works

Investigators provide case details after agency verification, and TRM Labs specialists track the movement of funds between addresses and blockchains. They then prepare an evidence package, flag suspicious addresses, and send requests to network participants. Exchanges can restrict access to funds on their platforms, while individual stablecoin issuers can freeze tokens on the blockchain. The decision to block or seize depends on the participants' authority and applicable procedures.

The Service Helped Freeze Over $35 Million

According to TRM Labs, Beacon Concierge has already supported 15 investigations for 14 law enforcement agencies in 10 countries. More than $35 million has been frozen in these cases. The entire Beacon Network, launched in August 2025, has helped intercept assets worth over $200 million. These figures represent different scopes and cannot be combined.

The network comprises over 200 participants, which, according to TRM Labs, account for 80% of cryptocurrency trading volume. The company claims that once flagged funds arrive at a participant's platform, the average response time is measured in minutes. This does not imply an automatic return of assets to victims.

Cross-Network Analysis Used in Investigations

As an example, TRM Labs cited the investigation of the Binance hack. During Beacon monitoring, over 26,000 addresses in 14 blockchains were flagged, and more than 67,000 transfers and connections between them were tracked. Over 45,000 alerts were sent to network participants.

This material is prepared solely for informational purposes and does not constitute financial advice or a recommendation.

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