ecosystem with multi-million dollar hacks, scams and fraud cases grabbing headlines around the world.
Cointelegraph sat down for an interview with department head Nils Andersen-Röed and senior manager Jennifer Hicks during Web Summit in Lisbon to unpack the role their team plays within the organization and the greater cryptocurrency and crime enforcement space.Both individuals have a wealth of experience in the sector. Andersen-Röed rose through the ranks of the Netherlands Politie and led its Dark Web Unit from 2016 to 2018.
“In my team, I’ve got former law enforcement agents, so we all used to work on crime cases ranging from ransomware to traditional cases with cryptocurrency elements in there.” The exchange’s global reach means that Andersen-Röed’s department is busy, usually processing requests in a few hours to three working days on average. It’s no mean feat, given the sheer amount of requests handled in 2021:
The transparent nature of blockchain networks also means that there is no shortage of work for Binance’s investigative team. This calls for a predefined scope in order to manage workloads and investigative efforts, given that some illicit movement of funds could eventually end up on Binance’s platform:
“If we think that there’s a better avenue for them to get the answers that they need in their investigation, we’ll walk them through that. It’s really like a holistic process. It’s not really just standard field tracing and all that.”
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Sweet 30! 🎂 The__Solstice any suggestions? I alReady have a shitload of SACs and NSCs, any mentions for my birthday?
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