[On-Chain Analytics Firm TRM Labs Launches Crypto Asset Recovery Service for Law Enforcement Agencies] According to a report by The Block on November 13th, on-chain analytics firm TRM Labs launched the escrow service Beacon Concierge, assisting verified law enforcement agencies in collaborating with exchanges and stablecoin issuers to track, freeze, and recover illicit crypto assets. The service is based on the Beacon Network, which TRM claims has over 200 members covering 80% of crypto transaction volume. The average response time is measured in minutes when flagged funds reach network members. TRM stated that Beacon Concierge has supported 15 cases for 14 institutions in 10 countries, freezing over $35 million. Its investigators are responsible for tracking funds, preparing evidence, flagging addresses, and assisting in submitting freeze and seizure requests.