TRM Labs’ Beacon Network Launches Real-Time Crypto Crime Response to Protect Bitcoin and Global Exchanges

TRM Labs, in collaboration with major counterparties including Coinbase, Binance, Kraken and PayPal, has launched the Beacon Network, marketed as the industry’s first real-time cryptocurrency crime response network. The initiative consolidates cross‑platform channels to accelerate intelligence sharing among centralized exchanges (CEXs), payment providers and investigative bodies.

The platform is designed to operationalize asset tracing and coordinated freeze actions by integrating on‑chain forensics into existing AML and compliance workflows. According to TRM Labs, the Beacon Network functions as an “end‑to‑end anti‑money laundering chain” for illicit crypto assets, with detection‑to‑action timelines measured in minutes.

Market participants can expect enhanced coordination for interdiction and reporting, which may improve investigation efficiency and limit illicit asset mobility. For exchanges and custodians, the network offers a mechanism to strengthen transactional compliance and mitigate counterparty and regulatory risk.