[TRM Labs Collaborates with Multiple Organizations to Launch Beacon Network to Combat Crypto Crime] According to Crypto In America, blockchain intelligence company TRM Labs has announced the launch of the Beacon Network, in collaboration with exchanges such as Coinbase, Binance, Kraken, Robinhood, Ripple, (Crypto.com), Bitfinex, as well as payment giants PayPal and Stripe. The initiative aims to work with global law enforcement agencies to block the escape routes of illicit crypto funds. TRM data shows that since 2023, crypto funds involved in fraud have reached $47 billion. Tether has not yet joined the network.