TRM Labs has launched Beacon Concierge, a service designed to help law enforcement agencies track, freeze and seize cryptocurrencies linked to illicit activity. The service is now available worldwide to vetted agencies without a TRM Labs license, giving them a way to work with stablecoin issuers and crypto exchanges through a single request.

Beacon Concierge supports multiple blockchains and digital assets. After an agency passes verification and submits a request, TRM Labs specialists trace the flow of funds, collect evidence, flag suspicious addresses and send the materials to organizations that can act to block the assets.

Service operates through Beacon Network

The service runs on the Beacon Network, which TRM Labs unveiled in August 2025. The company built the rapid-response network for crypto crime in collaboration with crypto exchanges, stablecoin issuers and law enforcement bodies.

According to TRM Labs, the network has more than 200 participants covering about 80% of crypto trading volume. The company said participants typically respond within minutes after suspicious funds reach one of their platforms.

Network participants have helped block more than $200 million in cryptocurrencies, according to the company. Beacon Concierge itself has been used in 15 investigations by 14 law enforcement agencies from 10 countries, resulting in more than $35 million being frozen.

System used in Binance hack investigation

TRM Labs cited an investigation into a large-scale Binance hack as an example of the system’s use. Beacon flagged more than 26,000 addresses across 14 blockchains and traced more than 67,000 transfers and links between transactions, including more than 1,050 cross-chain swaps.

The system sent more than 45,000 alerts about suspicious activity to network participants. TRM Labs said tracking operations on that scale would be virtually impossible to conduct manually.

“Criminals move fast, and the agencies pursuing them need a clear mechanism for working with issuers that can take action,” said TRM Labs co-founder and CEO Esteban Castaño.

Decisions on whether to freeze assets remain with the relevant issuers and platforms.

Source: Incrypted