UMDS experts, head of the Department of Cyber Police of the Ukrainian National Police Yevgeny Panchenko and Chairwoman of the UMDS Board, OSCE and UNODC anti-money laundering consultant Tetiana Dmytrenko took part in a project to train detectives of the National Anti-Corruption Bureau of Ukraine on the risks of using crypto-assets in criminal activities.
More than 250 detectives and analysts of NABU began to study the tools of “modern” corruption – cryptocurrency technologies. The Bureau understands that the top corruptors try to accumulate, use and hide a significant part of the stolen funds in cryptocurrency. That is why the 9-month training “СryptoEdge: Cryptocurrency technologies and methods of investigating crimes using virtual assets” was organized for the use of relevant knowledge and skills in the work under the coordination of cyber expert Serhiy Kropyva.
During the training, detectives and analysts will increase their knowledge and skills in tracking and documenting illegal “Crypto” assets, use of global and most popular “Crypto” tools, establish proper cooperation and interaction with key Ukrainian and global crypto exchanges and crypto exchanges, as well as operational exchange of information with international law enforcement organizations.
Therefore, NABU employees will be integrated into the international ecosystem of crypto-investigators, and cryptocurrency will cease to be a “panacea” for corrupt people to hide crimes.
The training will last from May 2023 to January 2024.
The project is supported by the US Embassy and financially supported by the Bureau of International Narcotics and Law Enforcement Affairs (INL) of the US State Department.
