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Armenian Officials Receive Crypto-Asset Investigation Training
A group of Armenian officials from various law enforcement agencies recently underwent specialized training in crypto-asset investigations to combat crimes related to cryptocurrencies.
Training Details
- The training was organized by the Office of the Co-ordinator of OSCE Economic and Environmental Activities (OCEEA) in collaboration with the United Nations Office on Drugs and Crime (UNODC).
- It took place in Yerevan from April 24 to 26 and was attended by 27 representatives from different law enforcement agencies.
Key Learnings
During the three-day training program, participants focused on mastering fundamental techniques and practical tools essential for conducting thorough investigations into crypto-crimes.
- Sessions included real-world case studies and basic methods for tracing criminal transactions across various blockchain networks.
- Participants exchanged best practices and gained insights into specialized analytics software and open-source tools relevant to the field.
Empowering Investigators
The tools provided in the training empower investigators to:
- Trace transactions on different blockchains.
- Assess risks associated with specific addresses and exposure to illicit funds.
- Identify clusters of transactions for further analysis.
In a statement, Kurban Babayev, economic adviser at OCEEA, emphasized the importance of strengthening Armenia’s law enforcement capabilities in investigating virtual assets.
Project Details
The training initiative is part of an OSCE-led project funded by multiple countries, aimed at enhancing national capacities to mitigate criminal risks associated with virtual assets and cryptocurrencies.
Global Efforts in Crypto Forensics Training
Efforts to train law enforcement on crypto forensics are not limited to Armenia. Countries like India and Thailand have also taken steps to equip their authorities with the necessary skills to combat cryptocurrency-related crimes.
Last year, India provided training to officials from cybercrime and police departments, focusing on cryptocurrency forensics and investigation.
Similarly, Binance collaborated with Thai government agencies to host a blockchain and crypto training workshop for law enforcement in Thailand, covering topics such as crypto fundamentals, investigation techniques, case studies, and the role of crypto exchanges in crime prevention.
A survey conducted by TRM Labs revealed that a significant percentage of law enforcement professionals feel the need for more training in crypto-related investigations, highlighting the complexity and challenges faced in combating crypto crimes.
Ian is a cryptocurrency enthusiast blending humor with professionalism. With an engineering background and a storyteller's heart, he simplifies the blockchain world with sharp analysis and a touch of wit. At Cryptowire, he brings his unique perspective to make digital financial innovation accessible to all.
