[DigitalToday reporter Chi-gyu Hwang] Blockchain analytics firm TRM Labs has introduced a managed service called Beacon Concierge to help investigative agencies seize stolen cryptocurrency within minutes, The Block reported on Thursday.
Beacon Concierge helps vetted investigative agencies work with exchanges and stablecoin issuers to block and seize illicit funds, regardless of blockchain or asset type, the report said.
TRM Labs said many investigative agencies lack direct links to exchanges or issuers and do not have the capacity to properly prepare requests while funds are moving.
Beacon Concierge is based on the Beacon Network, which TRM Labs launched in August 2025. More than 200 members participate in the Beacon Network.
Esteban Castano (에스테반 카스타뇨), CEO of TRM Labs, said: "Criminals move fast." He said agencies pursuing them need a clear path to issuers that can take action.
Chi-gyu Hwang
delight@d-today.co.kr