Major Exchanges Team Up to Stop Crypto Crime With New ‘Beacon Network’

TRM Labs has partnered with global crypto exchanges such as Coinbase and Binance to introduce the Beacon Network, a real-time system for responding to crypto crime.

Verified members can share intelligence, trace transactions, and freeze illicit assets in minutes, raising the bar for digital asset security.

What Is the Beacon Network? Real-Time Crypto Crime Tracking Explained

The Beacon Network fosters immediate collaboration between exchanges, payment services, stablecoin issuers, and authorized law enforcement agencies. When a suspicious activity is detected, participants receive alerts in seconds.

This fast notification allows them to track, investigate, and potentially freeze funds before they move across platforms.