Binance Conducts First In-Person Law Enforcement Training

Coingapestaff
June 13, 2024 Updated November 4, 2024
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Highlights

  • Binance holds its first in-person training with Macao Judiciary Police to combat cybercrime and financial fraud involving cryptocurrencies.
  • Over 40 officers participated in a session led by Binance’s Carlos Mak, focusing on blockchain investigation techniques.
  • This training is part of Binance's broader effort to collaborate with law enforcement worldwide, with over 120 sessions conducted in 2023 alone.

In a landmark collaboration, the Macao Judiciary Police invited Binance to conduct their first in-person law enforcement training course. This initiative marks a significant step in Binance’s ongoing efforts to strengthen global partnerships with law enforcement agencies. The training aims to enhance the understanding and capabilities of law enforcement personnel in tackling cybercrime and financial fraud involving cryptocurrencies, reflecting Binance’s commitment to promoting security and compliance within the digital asset industry.

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Binance Commitment to Safeguarding Security

As earlier stated by the Binance CEO in their 200M user milestone AMA session, Binance prioritizes partnering with various governments for crypto and blockchain awareness. In line with this, Binance is dedicated to building security in the blockchain ecosystem and the wider digital space. Binance has been proactively conducting training programs worldwide to equip law enforcement agencies and their officers with the latest blockchain knowledge and investigation techniques.

Recently, Binance was honored to receive an invitation from the Macao Judiciary Police to conduct a training course for officers from the Criminal Investigation Department and the Gaming-related and Economic Crimes Investigation Department. This occasion marked Binance’s first offline law enforcement training course in Macao, becoming a significant step in their continued commitment to closely cooperating with the law enforcement community in the region.

The course, hosted at the Macao Judiciary Police College on May 21, saw over 40 participants representing the Criminal Investigation Department and the Gaming-related and Economic Crimes Investigation Department. Carlos Mak, a specialist from Binance’s investigation team, led the training course.

Furthermore one of the spokesperson from the Macao Judiciary Police stated, “We are committed to combating digital-age criminal activities by enhancing our crime prevention strategies and professional training. Binance’s willingness to share insights on blockchain and virtual-asset investigations is invaluable, and we look forward to further cooperation.”

To give it a final wrap, one of Binance reps Carlos Mak added, “We are honored to conduct this first in-person course with Macao law enforcement officers. The opportunity to share our knowledge heartens us. Deepening cooperation with global law enforcement underlies Binance’s commitment to protecting users and combating financial crime.”

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Expanding Global Training Efforts

This training course is part of Binance’s global efforts to strengthen cooperation with law enforcement agencies and enhance the safety and stability of the entire Web3 ecosystem. In 2023 alone, Binance conducted over 120 online and offline law enforcement training sessions or seminars worldwide. Last month, Binance held the first-ever online Law Enforcement Training Day, with over 1,300 law enforcement officers from around the world participating. This reflects the global law enforcement community’s increasing focus on virtual asset-related crimes, emphasizing the relevance of and crucial need for such initiatives.

Binance’s commitment to these training sessions have shown the company’s dedication to fostering a safer digital environment by sharing expertise and resources with law enforcement agencies globally. This collaborative approach ensures that officers are better equipped to handle the complexities of virtual asset-related crimes, contributing to the broader goal of securing the digital asset industry and protecting users worldwide.

Also Read: Toncoin (TON) Price Hits Fresh All-Time High, Here’s Why $10 Is Coming Soon

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.