TechFlow news, August 20: According to Crypto in America, TRM Labs has launched the world's first anti-crypto crime alliance "Beacon Network," teaming up with exchanges including Coinbase, Binance, Kraken and traditional financial giants such as PayPal and Stripe, to establish a 24/7 response mechanism aimed at swiftly freezing stolen assets. Data shows that since 2023, at least $47 billion worth of cryptocurrency has been sent to addresses associated with fraud, and over $2.3 billion has been stolen in 2025 alone.
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