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TRM Labs Launches Service to Help Police Seize Stolen Crypto Faster

(3 hours ago) · 1 source · Summarized by CryptoBipto

Blockchain analytics firm TRM Labs has introduced a new service designed to help law enforcement agencies seize stolen cryptocurrency within minutes. The service aims to streamline the process of tracing and recovering illicit crypto funds, which has traditionally been slow and complex.

WHY IT MATTERS

When cryptocurrency is stolen through hacks or scams, the funds move across the blockchain, which is like a public ledger that records every transaction.

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SOURCES

  • theblock.co

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