AI & Enterprise
TRM Labs launches Beacon Concierge to help seize stolen cryptocurrency within minutes
Blockchain analytics firm TRM Labs has launched a managed service called Beacon Concierge to help investigative agencies seize stolen cryptocurrency within minutes, The Block reported on Thursday. The service supports vetted agencies in working with exchanges and stablecoin issuers to block and seize illicit funds, regardless of blockchain or asset type. TRM Labs said many agencies lack direct ties to exchanges or issuers and capacity to prepare requests while funds move.
