- They trained them to spot potential crypto hackers
- and work in a coordinated manner
Crypto exchange Binance organized training for our law enforcement agencies. This program consisted of online seminars on blockchain and cryptocurrencies.
Binance representative Jarek Yakubcek shared the details of the training. He recalled that despite the FUD and rumors, the crypto exchange is conducting an effective fight against money laundering and has developed its own methods to identify potential scammers.
The trainings were attended by employees of the Cyber Police, the Security Service of Ukraine and the National Agency for the Return and Management of Assets (ARMA).
Here is how Kirill Khomyakov, CEO of Binance for Ukraine and Central Europe, comments on the training:
“Ukraine has to face constant challenges every day. Including financial crimes that threaten the stability and security of the country’s financial ecosystem. Our goal is to unite efforts to prevent cybercrime, in particular the financing of terrorism.”.
Over the past year, the Binance Investigations team has hosted and participated in more than 30 such seminars in different countries. The goal of the program is to help law enforcement agencies fight cybercrime and financial crimes.
Last week, the exchange banned users from the Russian Federation from buying dollars and euros through P2P transactions. The other day, Germany and Ukraine conducted a joint operation to catch crypto-terrorists from DoppelPaymer. One of the criminals was hiding in Kharkov.