TRM Labs said on Nov. 12 that it had launched Beacon Concierge, a managed service that helps verified law enforcement agencies trace illicit cryptocurrency and submit requests to participating stablecoin issuers and exchanges to freeze or seize funds. Agencies do not need a TRM license. The company said the service is available worldwide.
TRM said Beacon Concierge has supported 15 cases involving 14 agencies in 10 countries, with more than $35 million frozen. The broader Beacon Network has helped interdict more than $200 million, according to the company.
TRM investigators trace funds, prepare evidence packages, flag addresses in Beacon and route requests to relevant issuers. The company said it supports cases through the issuer’s decision. Agencies verify once and submit a request covering participating issuers and supported blockchains.
TRM said agencies can struggle to identify the right issuer or blockchain and prepare requests quickly while funds are moving. Stablecoin issuers can freeze funds on-chain, the company said. Beacon Concierge supports investigations across chains and asset types.
TRM said Beacon has more than 200 members, covering 80% of crypto trading volume. The average time to action is measured in minutes when flagged funds reach a member, the company said.
TRM pointed to Beacon’s response to the Binance exploit as an example of cross-chain investigation. The company said the network identified more than 26,000 addresses on 14 blockchains and tracked more than 67,000 transfers and links, including over 1,050 cross-chain swaps. It also delivered more than 45,000 alerts to participating platforms.
TRM launched the Beacon Network in August 2025. It connects vetted law enforcement agencies, exchanges, stablecoin issuers, payment firms and security researchers. The company said the Financial Action Task Force cited Beacon in its November 2025 asset recovery guidance as a public-private model.
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