Binance is doubling down on its commitment to enhancing security in the crypto space. Coming off the heels of the positive symbiosis during the earlier introductory session, Binance's Financial Crime Compliance (FCC) team successfully conducted an advanced training session for officers of the International Criminal Police Organization (INTERPOL) on May 29, 2024.
The one-off training used practical case studies stemming from the FCC team's investigations, thereby showcasing specific methods employed in cryptocurrency crime analysis. This initiative is aimed at strengthening the understanding and efficiency of INTERPOL officers in handling cryptocurrency crimes and Web3 cyber policing.
Horest Au Yeung, an INTERPOL representative, underscored the value of the collaboration, quoting, "The real-world case studies shared by Binance’s FCC team offered new perspectives on cryptocurrency investigations. This strategic partnership can intensify our capabilities and knowledge pool."
Jarek Jakubcek, Binance's Head of Law Enforcement Training, expressed his satisfaction with the ongoing collaboration between Binance and INTERPOL. He highlighted the necessity and impact of collective action and mutual knowledge sharing in tackling cybersecurity threats in the crypto milieu.
In his words, "Our collaboration with INTERPOL is not just about joining forces - it's inherently about stepping up to the challenge. We remain committed to working closely with global law enforcement agencies in the fight against criminal activity."
In 2023 alone, the Binance FCC team held 120 workshops and training sessions for global cybercrime specialists and processed over 58,000 requests from law enforcement agencies. This collaboration with INTERPOL further signals Binance's commitment to combating cybercrime in the ever-evolving digital finance landscape.
