Crypto of Investigators: City of London Police Launch New Cryptic Course

The City of London Police's Economic Crime Academy has recently launched a fresh course focusing on cryptocurrencies for United Kingdom police training.

Created by the ECA and subject matter experts in the City of London Police's Economic Crime Directorate, a newly introduced one-day course known as 'Cryptocurrencies for Investigators' is employed to offer police officers with various skills and knowledge to properly apprehend and manage Cryptos during their investigations. 

This is the first of its kind in the history of the United Kingdom and has been created in reaction to a high level of demand from police officers across the country. 

Recently, the ECA delivered an effective pilot course to Police officers within the City of London and further training is scheduled next month for a partner regulatory body. There are more expectations that the newly introduced course will be further spread out nationally to the all police officers in autumn 2018. 

Police To Leave No Stone Unturned 

After completing the course successfully, police officers will know how to discover, grab and investigate how, when, why, where, cryptocurrencies have been used, and they will also be in a position to:

• Fully elaborate the investigative opportunities available to specific investigators to easily recover and trace Cryptos
• From the criminal use of cryptos
• Depict the formal framework germane to crypto investigation

Mike Betts, Head of Skills and Development, City of London Police's Economic Crime Academy, revealed that in the previous years the crypto markets have registered considerable growth, with very many clients using them and heavily investing their money in the industry. Nevertheless, this increase in popularity has also led to an increase of fraud cases in the sector since criminals have spotted Cryptos as a method to easily defraud many people and steal their money, plus laundering the money. 

Mike further said that the Economic Crime Academy aims to develop both national and international courses in reaction to rising crypto threats, and this newly introduced course will give important training to counter the increasing risks posed by cryptocurrencies.