The United States, the United Kingdom, and the Netherlands have collaborated to support Ukraine law enforcement in addressing the increasing incidence of crypto crime within the nation.

“The training, which was offered virtually, provided Ukrainian law enforcement with tools to combat money laundering, analyze fraudulent cryptocurrency transactions, and improve the effectiveness of blockchain forensic investigations,” the statement noted.

Ukraine Authorities Focusing on Fighting Crypto Crime

According to a recent statement, the US Internal Revenue Service Criminal Investigation (CI), teamed up with the Dutch Fiscal Information and Investigation Service (FIOD) and the United Kingdom’s His Majesty’s Revenue and Customs (HMRC).

This aimed to aid Ukrainian law enforcement officers in tackling crypto and blockchain fraud. Approximately 40 Ukrainian law enforcement officers participated in their second round of virtual training focused on blockchain tracing.

This session built on May’s training collaboration between the CI and Chainalysis, which focused on cybersecurity for Ukrainian authorities.

For the latest sessions, CI, FIOD, and HMRC joined forces with blockchain analytics firms CipherTrace and BlockTrace.

Meanwhile, the statement highlights that CI is currently conducting 30 ongoing investigations related to sanctions. However, by training its international partners, like Ukraine, i

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Author: Ciaran Lyons

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