Training For London Police Against Cryptocurrency Crimes Is Started

A few days ago, a representative for the City of London Police affirmed that a special course of cryptocurrency will be accepted and conducted in the department of Economic Crime Academy.

As per the statements from The Telegraph and local outlet City A.M., such kind of training course has been decided to carry out  in response to officer anxiety about their lack of knowledge regarding the cryptocurrencies and the mechanism how conduct investigations connected with the deliberate and malicious use of cryptocurrency. This kind of project is said to be a “first of its kind.” Crimes in cryptocurrency sector are today very spread.  In the interview of the head of Europol, Rob Wainwright he mentioned that criminals in Europe are using cryptocurrency to launder billions.

The experimental program of this new course has already been put into action, and another is planned to be started in August.

The City of London Police force is also involved in several financial crime units. In this capacity, the police department bears responsibility for sharing best practices for dealing with fraud cases with the other UK-based administrations.

It is also intended to build “cyber court” which will include 18 courtrooms and will designed to handle cases involving cybercrime, fraud, and economic crime.