Binance Expands Its Law Enforcement Training Programme Across SA
Binance’s Compliance & Law Enforcement team collaborated with South African agencies to organise a comprehensive Seminar on Investigating Virtual Currency Crimes. Attended by over 35 law enforcement officers, analysts, and financial crimes experts, the seminar focused on digital-asset trends, investigative techniques, and preventive measures against crypto-related crimes.
Led by Nils Andersen Röed, Deputy Head of Financial Crime Compliance at Binance, and Jarek Jakubcek, Head of Law Enforcement Training, this initiative aimed to effectively combat virtual asset-related crimes. The specialised training courses equipped officers with cutting-edge knowledge in combatting virtual asset-related crimes.
Nils Andersen Röed, Head of Law Enforcement Training, noted: ‘For years, Binance has played a pivotal role in guiding the crypto industry, aiding in the recovery of funds for users who have fallen victim to theft, scams, or hacks. Now, with an e-crime training program, our ambitions are even higher.’
In 2022, Binance actively collaborated globally with law enforcement, conducting over 70 workshops dedicated to training officers in countering cyber and financial crimes.
Jarek Jakubcek, Head of Law Enforcement Training at Binance, emphasized: ‘At Binance, we firmly believe that a close partnership between industry players and law enforcement agencies is essential in the fight against cybercrime, including the combatting of fraud. We are thrilled to engage with prosecutors from across Africa, supported by law enforcement agencies, in our joint mission to safeguard user assets. In addition to participating in public consultation, Binance’s dedication to protecting users significantly contributes to fostering a safer virtual asset ecosystem across Africa.’
Throughout 2023, the dedicated Law Enforcement Training Team, in collaboration with the Investigations Team, delivered 120 onsite and online training sessions and workshops globally. These efforts consistently earned high praise and positive feedback from the law enforcement community.
During this time, Binance processed over 52,700 law enforcement requests from January 1 to November 13, 2023, serving 12,699 registered law enforcement officers worldwide through its Government Law Enforcement Request System. This surpassed the number of requests handled in 2022, which totalled over 50,000.
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Caption: South Africa team event (Sam Mkhize, Binance’s Head of Compliance in Africa, Jarek Jakubcek, Head of Law Enforcement Training, Nils Andersen Röed, Deputy Head of Financial Crime Compliance at Binance, and Larry Cooke – Legal Counsel Africa)