Since its establishment, Binance has established a reputation in the crypto industry. The platform has grown to become one of the most well-liked and well-known cryptocurrency exchanges. Everyone is interested in CZ’s exchange because of its user-friendly platform and comparably inexpensive fees.
As the popularity of cryptocurrency soared, so did the number of scams and exploits associated with it. The number of exploiters that are trying to cash in on this opportunity and grow on the tiniest loophole in the crypto space is rising.
To get the exploiters under control and possibly arrest the culprits, Binance unveils a global law enforcement training program.
Binance to assist enforcement to bust exploiters
Binance’s investigation team has remarkably grown over the past year. The current program will further assist lawmakers to capture and bring digital assets, and exploiters, under the law.
The Binance Investigations team has engaged law enforcement officials from countries like Argentina, Brazil, Canada, France, Germany, Israel, the Netherlands, the Philippines, Sweden, South Korea, and the UK. These nations were a part of more than 30 workshops on combating financial and cybercrime over the past year.
“As more regulators, public law enforcement agencies, and private sector stakeholders look closely at crypto, we are seeing an increased demand for training to help educate on and combat crypto crimes,” Tigran Gambaryan, Binance’s Global Intelligence, and Investigations head.
Gambaryan stated that the team has been undergoing more hand-in-hand work and training with global regulators.
The program will bring in expert and world-class practitioners from the investigation team of Binance. The one-day training program will assist the attendees to get a one-on-one explanation of crypto and blockchain.
A discussion on the investigative methods and anti-money laundering policy of Binance will also be held. The initiative will aid global regulators to learn and assist them in capturing digital asset culprits.
Credit : LINK