Shadine Taufik · · 1 min readBinance launches cybercrime training program for law enforcers globally
Crypto exchange major Binance has launched its global law enforcement training program to help authorities detect financial and cybercrimes and prosecute offenders.
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The one-day, in-person training program will touch on the fundamentals of blockchain and crypto, the evolving legal and regulatory landscape around digital assets, as well as Binance’s anti-money laundering policies and investigative criminal detection methods.
The Binance Investigations team, formed in November 2021, has carried out and participated in 30 workshops related to the topic, teaching law enforcement across South Korea, Canada, France, Brazil, the Philippines, and the UK, among other countries.
This dedicated team, which is made up of ex-law enforcement and security experts who have helped take down criminal platforms such as Hydra and Silk Road, are among the foremost specialists in the field, the company said.
Binance’s stringent compliance and anti-money laundering programs have allowed the firm to gain approvals and registrations in G7 countries France and Italy.
The Binance Investigations team has responded to over 27,000 law enforcement requests, with a three-day response time on average, which the firm says is faster than any traditional financial institution.
See also: Binance’s big BUSD push heralds a stablecoin summer
Editing by Miguel Cordon and Arpit Nayak
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