TRM Labs has launched Beacon Concierge, a service that helps verified law enforcement agencies seek freezes of stolen cryptocurrency through exchanges and stablecoin issuers. The service is available worldwide, including to agencies that do not use TRM's paid products.
In its November 12 announcement, the blockchain investigation firm said Beacon Concierge would help police trace funds and reach companies able to stop transfers. TRM reported that participating platforms typically act within minutes after flagged funds reach them, although a freeze or seizure depends on the receiving company and the case.
Beacon Concierge operates through TRM's Beacon Network, which connects investigators, trading platforms, stablecoin issuers and security researchers. TRM says the network has more than 200 members that account for about 80% of cryptocurrency trading volume. The company launched the underlying network in August 2025.
To request assistance, an agency must complete a verification process and submit its case. TRM investigators then trace the cryptocurrency, prepare evidence, mark related wallet addresses and send the request to relevant network members. The company also follows the request through the issuer's decision and gives priority to more serious cases.
The service does not require a TRM software license. Moreover, a single submission can reach participating issuers across supported blockchains, rather than requiring investigators to contact each provider separately. Stablecoin issuers may freeze certain tokens directly on a blockchain, while exchanges can review and hold flagged deposits.
“Criminals move quickly, and the agencies pursuing them need a clear path to the issuers who can act,” TRM co-founder and CEO Esteban Castaño said.
TRM said Beacon Concierge has assisted 14 law enforcement agencies in 10 countries across 15 cases. Those investigations have resulted in more than USD 35 million in frozen cryptocurrency, according to the company's figures. It did not identify the agencies or provide a breakdown of the individual cases in the announcement.
Across the wider Beacon Network, members have interdicted more than USD 200 million in illicit funds, TRM added. The two figures measure different activity: the larger total covers the network as a whole, while the USD 35 million relates specifically to cases supported by Concierge.
TRM said police departments often struggle to identify the right issuer, collect the documentation a company needs or make contact before stolen assets move again. That problem can grow when attackers divide proceeds among many wallets and shift assets between blockchains. Concierge assigns the tracing and request preparation to TRM's investigators.
TRM also described its network's work following the October Binance hack, which reportedly affected about USD 6.3 billion in cryptocurrency. The company's latest figures cover more than 26,000 addresses on 14 blockchains and over 67,000 transfers and related links, including more than 1,050 swaps between chains.
Investigators followed funds from 59 starting addresses, tracking an average of 10 transaction steps and as many as 71 in some cases. Beacon members initially flagged 39% of the addresses, while the network identified the remaining 61% automatically from those alerts.
TRM said Beacon sent more than 45,000 alerts to participating platforms during its response. The figures describe tracking and notifications, not the amount recovered from the Binance attack. Beacon Concierge is now open to verified agencies, which can request support directly from TRM.
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