Alerts Sign-up
Binance, the world's largest cryptocurrency exchange, has announced that it hosted a virtual law enforcement training session for members of the International Criminal Police Organization (INTERPOL). INTERPOL, with its headquarters in Lyon, France, comprises 196 member countries.
Ethereum: The rush of crypto investors continues despite the price drop
Angry investors say ZKasino stole $30m in crypto as Dutch police make arrest linked to scam
Web3 wine marketplace Baxus raises $5m from Multicoin Capital, Solana Ventures
Uniswap users can now use Robinhood Connect to buy cryptocurrencies
Bitcoin (BTC) Falls Below $58k as ETF Investors Retreat
Pike Finance Exploit Leads to $1.6M in Stolen Cryptocurrency
Two giants will allow you to bequeath your cryptos
Bitcoin: Coinbase Integrates The Lightning Network For Btc Transfers
New AI Meme Coin ICO WienerAI Adds Trading Bot AI Companion Feature, Laps Up $700,000
What will push Solana back to its $260 all-time high? Three analysts weigh in
A closer look at the tough month for spot bitcoin ETFs
ETFs on pause but investors are starting to buy back, what consequences?
Crypto investment outflows reach 3-week streak with $435m
The stock market soars: Europe reacts ahead of the FED meeting!
Renzo is coming to Binance Launchpool: how to participate to earn REZ tokens?
Bitcoin halving was 'not priced in' despite recent correction, analyst says
Bitcoin Price Prediction: Surges to $64,500, Rare 'Epic Sat' Sells for $2.1M
Crypto: A $500 million liquidation threat on Ethereum
Cryptocurrency is making a comeback on Stripe
The European Union Strengthens Controls On Cryptos: True Or False?
Alien CryptoPunk sells for $12.5m as rare NFT trading heats up
Crypto: FTX is getting rid of its Solana, what impact on the price of SOL?
Renzo’s ezETH falls as low as $700, leading to $56m in liquidations
Meet this ex-poker tournament organizer who is launching his euro stablecoin
Bitcoin: Btc Outperforms Tesla (Tsla) Stock For The First Time Since 2019
A drawdown for DEXs: Traders on Ethereum hits lowest level since February
NEKO Cat Token Soars 7,100% and All Eyes Turn to This New Dog Coin That Just Secured $10 Million Funding
Ethereum Vs Restaking: Eigenlayer Facing A Yield Crisis?
SafeMoon CEO John Karony Claims He's "Innocent" Of Multi-Million Crypto Fraud Scheme
Shiba Inu (SHIB) raises $12 million to create layer 3 based on anonymity
Binance leads training session for INTERPOL officers to address cybercrime threats
Binance Head of Financial Crime Compliance Tigran Gambaryan (left) and INTERPOL President Major General Ahmed Naser Al-Raisi (right) | LinkedIn/tigran-gambaryan, X/INTERPOL_HQ
Get the Newsletter
Sign-up to receive weekly round up of news from Crypto Republique
According to a post on Binance's website, over 30 INTERPOL officers participated in the training held on Jan. 24. The session was led by Binance's Financial Crime Compliance team and focused on digital asset investigations and cybercrime threat mitigation. The company's experts imparted knowledge on the techniques they employ to assist global law enforcement agencies and collaborative efforts such as seizing illicit funds. Jarek Jakubcek, Binance's Head of Law Enforcement Training, stated that the company employs a "holistic and collaborative approach" to cybersecurity and is "honored" to play a leading role in collaborating with law enforcement. In 2023 alone, Binance’s Financial Crime Compliance team conducted 120 law enforcement training sessions.
Horest Au Yeung, an INTERPOL representative, expressed in a statement shared in the post that as digital asset adoption continues to rise, more crimes are being witnessed in the digital space. He emphasized the importance of cross-collaborations between industry experts like Binance and the law enforcement community for effective information sharing and strategy refinement to tackle this emerging type of cyber transgressions. He said: "We recognize the value of these sessions in helping us to foster a deeper understanding of the Web3 space so that we are better prepared to address related threats in the future."
Documents disclosed during Binance's settlement with U.S. government agencies last November revealed praises for Binance's collaboration with global law enforcement agencies from bodies such as the U.S. Financial Crimes Enforcement Network (FinCEN) and the U.S. Office of Foreign Assets Control (OFAC), according to another post. FinCEN acknowledged that Binance "works closely with law enforcement agencies worldwide related to this type of illicit activity, including Hydra, darknet markets, and hacks" and has "proactively cooperated with global law enforcement and blockchain vendors to combat terrorism financing."
Launched in 2017 as per CoinMarketCap, Binance had a daily trading volume of approximately $76 billion as of August 2022, making it the world's largest crypto exchange. Binance lists over 350 tokens and enables users to buy, sell, and store digital assets.
More News
Bruce Pon, co-founder and CEO of Ocean Protocol, said that the combination of "AI and blockchain" unlocks significant "potential" for new entrepreneurial opportunities and substantial value creation.
Irina Heaver, a crypto lawyer at NeosLegal, emphasized the importance of user education in the cryptocurrency sector.
Richard Teng, CEO of Binance, said that cryptocurrency is in the "early stage of adoption" globally, although major institutions are beginning to embrace blockchain and crypto agendas.
De Nederlandsche Bank (DNB) has announced a €2,250,000 fine for Bybit Fintech Limited.
The Polish Financial Supervision Authority (KNF) has added four entities to its public warning list, including Foris DAX MT Limited, operating as Crypto.com.
France Digitale has announced a collaboration with over twenty European startup associations in response to recent reports on the European Union's competitiveness.
Trending
