TRM Labs, a company dedicated to detecting and investigating financial crimes related to cryptocurrencies, presented Beacon Network, a project co-founded by giants of the cryptocurrency ecosystem such as Binance, Ripple, Coinbase, Kraken, OKX, and Bitfinex, among others.
Beacon Network, launched on August 20, is a real-time data and information exchange system that connects "law enforcement, cryptocurrency exchanges, decentralized finance (DeFi) services, and stablecoin issuers with the goal of stopping illicit funds before they are withdrawn," according to its website.
