On June 8, 2023, Binance, which is being sued by US regulators for a wide range of issues, conducted a one-day training program in collaboration with Taiwan’s Criminal Investigation Bureau (CIB) in Taipei.
This collaboration is “part of their broader commitment to contribute to combating cybercrime in alliance with law enforcement agencies around the globe.”
The program is designed and “led by experts from Binance’s Law Enforcement Training and Investigation team, with more than 200 law enforcement officers attending, both on-site and virtually.”
The workshop addressed a range of topics “including cryptocurrency-related crime trends, investigation techniques, and case studies of Binance’s collaboration with law enforcement agencies tackling cybercrime.”
Damien Ho, Global Partnerships at Binance, said:
“As a growing number of people in Taiwan grow an interest in cryptocurrency, it is important that the crypto ecosystem feels safe and comfortable for users. That is why Binance puts substantial resources and effort into safeguarding our platform and strengthening its security, as well as that of the broader crypto ecosystem. We welcome the collaborative efforts of regulators and law enforcement agencies in Taiwan, and look forward to similar collaborations in the future.”
Jarek Jakubcek, Head of Law Enforcement Training at Binance, commented:
“User protection is the utmost priority at Binance, and a large part of that involves proactive engagement with law enforcement agencies around the world. After all, effective security is collaborative. Today’s session offered yet another valuable opportunity to share our experience on crime prevention and investigations, and we are glad to be working hand in hand with Taiwan’s law enforcement authorities.”
In September 2022, Binance formally “launched the Global Law Enforcement Training Program, the industry’s first global coordinated effort of this kind.”
Just within the first five months of 2023, they claim to “have conducted more than 50 in-person and remote training sessions.”
Demand for specialized training in fighting crypto crime “has increased alongside the growing interest in and adoption of crypto globally.”
Binance remains committed to deepening their efforts on this front “to create a more secure and robust digital asset ecosystem.”
