Finst

Interpol to fight crypto crime with its own division

The International Criminal Police Organization, also known as Interpol, aims to fight financial crime using cryptocurrencies.

Interpol to fight crypto crime with its own division

The International Criminal Police Organization, also known as Interpol, wants to combat financial crime using cryptocurrencies. A dedicated unit has been set up for this. The world's largest police force is said to have established its own division in Singapore that focuses specifically on crypto crime. This was reported by the news outlet Business Standard.

According to the report, Juergen Stock, Interpol's secretary-general, told reporters at a press conference that cryptocurrencies "pose a challenge for law enforcement because agencies are often not properly trained and/or equipped."

The 90th General Assembly of the international police organization is currently taking place in Delhi, India. It seems that the Terra debacle and the mystery surrounding founder Do Kwon Interpol have led Interpol to take a closer look at the crypto sector.


Disclaimer: This content is for informational purposes only and does not constitute financial, investment, legal, or tax advice. The information provided may be incomplete, inaccurate, or outdated and should not be relied upon as such. Nothing on this website should be considered a recommendation to buy, sell, or hold any cryptocurrency. Investing in crypto-assets involves risk of loss.