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How Ukraine Law Enforcement Officers Plan to Tackle Crypto Crime

2 mins
Updated by Geraint Price
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In Brief

  • Ukrainian law enforcement officials receive advanced training to tackle crypto crimes, helping to control financial crimes.
  • Fourteen Ukraine officers were enrolled in a course focusing on controlling crypto-related financial crimes, organized by OCEEA.
  • India is developing a Cryptocurrency Intelligence and Analysis Tool (CIAT) to deal with high-profile crypto fraud and theft.
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Ukraine law enforcement officials have received training in advanced techniques and tools to investigate crypto crimes.

Due to the sophistication of crypto technology, certain criminals use it for illicit transactions. Hence, law enforcement officials must be equipped with the knowledge to track the funds and control financial crimes through cryptocurrency.

According to an Organization for Security and Co-operation in Europe (OSCE) blog, 14 Ukrainian officers were enrolled in a course that focused on controlling crypto-related financial crimes

The Office of the Coordinator of OSCE Economic and Environmental Activities (OCEEA) organized the course. The United Nations Office on Drugs and Crime (UNODC) also partnered with the OCEEA to train Ukrainian officers on tackling crypto crimes. Ralf Ernst, acting coordinator of OSCE Economic and Environmental Activities, said:

“This is the second training on investigation of virtual assets for Ukrainian officials, and the OSCE will continue to support Ukraine’s efforts to combat money laundering, particularly through virtual assets and cryptocurrencies.”

As of August 2023, Ukraine has approximately 3.43 million crypto users. Statista forecasts crypto users to grow to 5.36 million by 2027.

Read more: How To Build a Loyal Crypto Community From Scratch

Crypto Users in Ukraine
Crypto Users in Ukraine. Source: Statista

Along with Ukraine, other countries’ authorities are also equipping themselves with crypto knowledge. In October, BeInCrypto reported that Singapore launched dedicated task forces to fight tech and crypto crimes.

Also, India is developing a Cryptocurrency Intelligence and Analysis Tool (CIAT) to deal with high-profile crypto fraud and theft cases. 

Read more: Crypto Social Media Scams: How to Stay Safe.

Do you have anything to say about Ukraine’s crypto crimes or anything else? Write to us or join the discussion on our Telegram channel. You can also catch us on TikTok, Facebook, or X (Twitter).

For BeInCrypto’s latest Bitcoin (BTC) analysis, click here.

Top crypto platforms in the US | February 2024



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Harsh Notariya
Harsh Notariya excels in delivering SEO-optimized crypto news under tight deadlines. Previously, as a Growth Marketer at Sporty and a Community Consultant at Totality Corp, he significantly boosted community engagement and followers. Harsh also crafted engaging content for top crypto influencer Shivam Chhuneja, blending meme references for an educational yet fun experience. His versatile skills make him a notable figure in crypto journalism.