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Binance head of law enforcement training: Public-private partnerships necessary 'to tackle and prevent cryptocurrency-related criminal activity'

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Binance head of law enforcement training: Public-private partnerships necessary 'to tackle and prevent cryptocurrency-related criminal activity'
Webp bnlaw
A law enforcement training session hosted by Binance earlier this year | Binance

Jarek Jakubcek, the head of law enforcement training at the cryptocurrency exchange Binance, stated that partnerships between the public and private sectors are essential to prevent criminal activity related to cryptocurrency. Jakubcek made this statement in an April 26 post about the company's inaugural virtual Law Enforcement Training Day.

"Cooperation between the public and private sectors is not just desirable; it is an absolute necessity to tackle and prevent cryptocurrency-related criminal activity," said Jakubcek, according to Binance. "We were pleasantly surprised by the massive interest from the global law enforcement community and are grateful to all participants for contributing to the positive spirit of this practical knowledge-sharing event."

The post revealed that more than 1,300 law enforcement officials from 86 countries participated in the virtual training session. Eleven speakers from both law enforcement and the private sector shared insights on practical aspects of crypto investigations. The private sector participants included not only Binance but also blockchain analytics firms such as Chainalysis, TRM Labs, Elliptic, and Clain. Representatives from the Cyber Crime Investigation Bureau (CCIB) of the Royal Thai Police, the National Organised Crime Agency of the Police of the Czech Republic, and the Cyberpolice Department of the National Police of Ukraine were among those who spoke at the event. It was noted that six out of ten countries with most attendees were European nations.

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According to Jakubcek's post, the aim of this training session was to encourage greater collaboration between public and private sectors while disseminating up-to-date information about crypto investigation tools and techniques. Private sector participants discussed topics including blockchain tracing and cross-chain swaps while law enforcement officials presented case studies on investigations into scams and other illicit activities.

Binance's Law Enforcement Training Program reportedly conducted over 120 virtual and in-person training sessions and workshops last year.

Jakubcek's LinkedIn profile indicates that he joined Binance in 2022 after serving as a strategy analyst for Europol for seven years. His previous roles include working as a crime analyst for An Garda Siochana and as a European analyst for AOL.

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