Huobi HTX Joins TRM Labs Beacon Network to Combat Crypto Financial Crime

Huobi HTX, a cryptocurrency trading platform, announced that it has joined the Beacon Network, the world's first real-time cryptocurrency crime response network, initiated by TRM Labs, as a founding member. Huobi HTX will collaborate with leading global exchanges and law enforcement agencies to monitor and disrupt illicit capital flows in real time, moving the industry from a "post-reaction" approach to financial crime to "real-time prevention." This partnership demonstrates Huobi HTX's long-term investment in compliance and security and sets a new standard for collaboration within the industry. Huobi HTX's Chief Security Officer stated, "With the rapid development of the crypto industry, criminal activities such as hacking and money laundering are becoming increasingly specialized, intelligent, complex, and rapid. We must work together across the industry to establish a joint defense and control system, building a 'Great Wall of Steel' for the crypto industry."