TRM Labs said Beacon Concierge, which helps law enforcement track stolen crypto and route freeze requests to relevant organizations, has helped freeze more than $35 million in assets across 15 cases.
According to a company statement reported by The Block, the service has supported investigations conducted by 14 law enforcement agencies in 10 countries to date. TRM Labs researchers analyze fund movements, prepare evidence files, and help ensure that freeze or seizure requests reach the relevant crypto exchanges and stablecoin issuers.
How do requests reach exchanges and stablecoin issuers?
The service operates through the Beacon Network, which TRM Labs established in August 2025. According to the company, the network has more than 200 members, and when flagged funds reach a member, it takes an average of a few minutes to take action.
TRM Labs reported that network members have stopped the movement of more than $200 million in illicit funds to date. This broader network figure is a separate measure from the amount frozen in the 15 cases supported by the new service.
Not investment advice.