Binance Launches Global ‘Crypto Cops’ Training to Combat Exploding Wave of Web3 Crime
Binance has launched an ambitious global training initiative to create a new generation of “crypto cops” capable of combating the explosive surge in Web3 crime.
This law enforcement training program is led by Binance’s Head of Law Enforcement Training, Jarek Jakubcek, with recent training sessions held in Thailand and South Korea.
Crypto crime moves fast.
— Binance (@binance) June 25, 2025
Can law enforcement keep up?#Binance is helping train the next wave of “crypto cops” to fight back.
See how we’re bridging traditional policing with #Web3https://t.co/vwZTLYmM7g pic.twitter.com/JGBqxH3NYi
This particularly came at a time when Blockchain security data reveals 2024 as potentially the worst year for crypto-related criminal activity in history, with over $3 billion in annual losses.
However, Binance’s Financial Intelligence Unit recently reported that illicit transactions account for less than 1% of total crypto volumes, despite criminals becoming increasingly sophisticated.
These include ransomware attacks demanding millions in payments, large-scale pig butchering scams that drained $3.6 billion from investors in 2024, and state-backed hacking groups.
Binance ‘Crypto Cops’: Traditional Law Enforcement Meets Borderless Digital Crime
The fundamental challenge facing law enforcement in Web3 stems from incompatible operational frameworks that must reconcile to combat sophisticated criminal enterprises.
Traditional policing operates within jurisdictional boundaries, relying on physical evidence and legal procedures designed for offline crimes.
The Web3 ecosystem is a natively online, decentralized environment where criminals exploit pseudonymity and cross-border operations.
Binance’s training programs address this critical gap by teaching officers to think beyond geographical constraints.
These “crypto cops” possess a deep understanding of blockchain technology, gained through continuous education and hands-on experience with cutting-edge investigative tools.
These new-generation investigators are crypto users themselves and understand that digital asset crimes operate outside traditional banking systems.
— Cryptonews.com (@cryptonews) March 27, 2025
The scale of this challenge becomes apparent when examining recent crime statistics. Q1 2025 marked the worst quarter for crypto hacks in the ecosystem’s history, as criminals stole $1.64 billion across just 39 incidents.
The North Korean Lazarus Group alone accounted for 94% of total losses through sophisticated attacks on battle-tested platforms like Phemex and Bybit. These state-backed actors represent arguably the most pressing threat to the crypto industry.
Recent training initiatives in Thailand, in conjunction with the Asia-Pacific Law Enforcement Day, brought together 18 speakers and officers from seven countries. The program focused on public safety, trust-building, and cross-border cooperation in Web3 security.
South Korea’s three-day program welcomed over 600 participants who received in-depth guidance on blockchain analysis tools and cross-chain tracing techniques.
Former Korean National Police Agency officer Minjae provided cultural context essential for effective international collaboration.
Advanced Criminal Tactics Drive Innovation in Detection Methods
The sophistication of contemporary crypto crime has compelled exchanges and law enforcement to develop increasingly sophisticated detection methodologies.
Criminal networks now leverage artificial intelligence, cross-chain protocols, and automated laundering strategies to evade traditional security measures.
Binance’s Financial Intelligence Unit head, Nils Andersen-Röed, revealed that criminals have evolved beyond simple darknet transactions into organized global operations.
These networks exploit mixing services, privacy-enhancing tools, and high-risk exchanges to obscure transaction trails.
— Cryptonews.com (@cryptonews) June 25, 2025
@coinbase helps US Secret Service seize record $225 million in USDT from pig butchering scams in landmark operation targeting international criminal networks.#Coinbase #CryptoScamhttps://t.co/ksWEAw0vCD
Large-scale criminal networks operate across borders and maintain connections to human trafficking rings where individuals are forced into fraudulent labor.
These operations increasingly utilize AI-powered tools to create deepfake videos of company executives and highly targeted phishing campaigns.
The recent Christian Nieves Coinbase phishing scheme illustrates this perfectly. The New York-based criminal used a professional impersonation of “Coinbase Support” to trick over 30 customers into transferring $4 million.
ZachXBT has traced a $4M Coinbase crypto scam to New Yorker Christian Nieves, showing how 30+ wallets were drained and funds gambled on Roobet. @zachxbt @coinbase #crypto #security
— Cryptonews.com (@cryptonews) June 23, 2025https://t.co/CtzmK3R7oZ
Victims were instructed to create wallets using pre-generated seed phrases supplied by scammers.
The entire amount was subsequently gambled away on Roobet casino despite blockchain investigator ZachXBT’s detailed on-chain analysis revealing the criminal’s identity.
Binance’s response to these growing threats includes implementing advanced screening against global sanctions lists and real-time transaction monitoring using machine learning.
The system detects abnormal transfer patterns and links to illicit wallets immediately upon occurrence.
The exchange routinely files suspicious activity reports and collaborates with law enforcement worldwide to ensure that detected criminal behavior is properly addressed.
This multi-layered compliance framework has proven effective in fund recovery efforts. The company recovered $18.2 million in stolen funds during April 2025, with the cooperation of white-hat hackers.
The post Binance Launches Global ‘Crypto Cops’ Training to Combat Exploding Wave of Web3 Crime appeared first on Cryptonews.
Read More
Galaxy Digital Raises $175M to Boost Stablecoin and DeFi Startups
Nigerian Man Pleads Guilty to Laundering $2.5M in Crypto from US Victims
Binance Launches Global ‘Crypto Cops’ Training to Combat Exploding Wave of Web3 Crime
Binance has launched an ambitious global training initiative to create a new generation of “crypto cops” capable of combating the explosive surge in Web3 crime.
This law enforcement training program is led by Binance’s Head of Law Enforcement Training, Jarek Jakubcek, with recent training sessions held in Thailand and South Korea.
Crypto crime moves fast.
— Binance (@binance) June 25, 2025
Can law enforcement keep up?
See how we’re bridging traditional policing with #Web3
This particularly came at a time when Blockchain security data reveals 2024 as potentially the worst year for crypto-related criminal activity in history, with over $3 billion in annual losses.
However, Binance’s Financial Intelligence Unit recently reported that illicit transactions account for less than 1% of total crypto volumes, despite criminals becoming increasingly sophisticated.
These include ransomware attacks demanding millions in payments, large-scale pig butchering scams that drained $3.6 billion from investors in 2024, and state-backed hacking groups.
Binance ‘Crypto Cops’: Traditional Law Enforcement Meets Borderless Digital Crime
The fundamental challenge facing law enforcement in Web3 stems from incompatible operational frameworks that must reconcile to combat sophisticated criminal enterprises.
Traditional policing operates within jurisdictional boundaries, relying on physical evidence and legal procedures designed for offline crimes.
The Web3 ecosystem is a natively online, decentralized environment where criminals exploit pseudonymity and cross-border operations.
Binance’s training programs address this critical gap by teaching officers to think beyond geographical constraints.
These “crypto cops” possess a deep understanding of blockchain technology, gained through continuous education and hands-on experience with cutting-edge investigative tools.
These new-generation investigators are crypto users themselves and understand that digital asset crimes operate outside traditional banking systems.
— Cryptonews.com (@cryptonews) March 27, 2025
The scale of this challenge becomes apparent when examining recent crime statistics. Q1 2025 marked the worst quarter for crypto hacks in the ecosystem’s history, as criminals stole $1.64 billion across just 39 incidents.
The North Korean Lazarus Group alone accounted for 94% of total losses through sophisticated attacks on battle-tested platforms like Phemex and Bybit. These state-backed actors represent arguably the most pressing threat to the crypto industry.
Recent training initiatives in Thailand, in conjunction with the Asia-Pacific Law Enforcement Day, brought together 18 speakers and officers from seven countries. The program focused on public safety, trust-building, and cross-border cooperation in Web3 security.
South Korea’s three-day program welcomed over 600 participants who received in-depth guidance on blockchain analysis tools and cross-chain tracing techniques.
Former Korean National Police Agency officer Minjae provided cultural context essential for effective international collaboration.
Advanced Criminal Tactics Drive Innovation in Detection Methods
The sophistication of contemporary crypto crime has compelled exchanges and law enforcement to develop increasingly sophisticated detection methodologies.
Criminal networks now leverage artificial intelligence, cross-chain protocols, and automated laundering strategies to evade traditional security measures.
Binance’s Financial Intelligence Unit head, Nils Andersen-Röed, revealed that criminals have evolved beyond simple darknet transactions into organized global operations.
These networks exploit mixing services, privacy-enhancing tools, and high-risk exchanges to obscure transaction trails.
— Cryptonews.com (@cryptonews) June 25, 2025
Large-scale criminal networks operate across borders and maintain connections to human trafficking rings where individuals are forced into fraudulent labor.
These operations increasingly utilize AI-powered tools to create deepfake videos of company executives and highly targeted phishing campaigns.
The recent Christian Nieves Coinbase phishing scheme illustrates this perfectly. The New York-based criminal used a professional impersonation of “Coinbase Support” to trick over 30 customers into transferring $4 million.
ZachXBT has traced a $4M Coinbase crypto scam to New Yorker Christian Nieves, showing how 30+ wallets were drained and funds gambled on Roobet. @zachxbt @coinbase #crypto #security
— Cryptonews.com (@cryptonews) June 23, 2025
Victims were instructed to create wallets using pre-generated seed phrases supplied by scammers.
The entire amount was subsequently gambled away on Roobet casino despite blockchain investigator ZachXBT’s detailed on-chain analysis revealing the criminal’s identity.
Binance’s response to these growing threats includes implementing advanced screening against global sanctions lists and real-time transaction monitoring using machine learning.
The system detects abnormal transfer patterns and links to illicit wallets immediately upon occurrence.
The exchange routinely files suspicious activity reports and collaborates with law enforcement worldwide to ensure that detected criminal behavior is properly addressed.
This multi-layered compliance framework has proven effective in fund recovery efforts. The company recovered $18.2 million in stolen funds during April 2025, with the cooperation of white-hat hackers.
The post Binance Launches Global ‘Crypto Cops’ Training to Combat Exploding Wave of Web3 Crime appeared first on Cryptonews.
Read More
Galaxy Digital Raises $175M to Boost Stablecoin and DeFi Startups