Binance, a leading cryptocurrency exchange, recently conducted a training session in El Salvador. The session aimed to equip investigators and legal staff from various agencies with tools to combat local crime. This initiative is part of Binance's broader effort to extend its Law Enforcement Training Program across Latin America.
As per a post on the Binance Blog, the event took place at the Office of the Attorney General of the Republic of El Salvador Training School. Representatives from the Financial Investigation Unit, the National Digital Assets Commission, and prosecutors from the Office of the Attorney General attended this event. The training was tailored specifically to address the unique needs of local law enforcement officials.
The blog post further stated that Kodex, a solution that streamlines communication between companies and law enforcement, was one of the key topics covered during this training. In addition to Kodex, Binance’s products were also discussed. The training included best practices for interpreting and analyzing information provided by Binance during investigations and procedures for submitting urgent requests. René Guzmán, Binance’s Compliance and Money Laundering Reporting Officer for El Salvador, along with Daniel Camp from Binance’s Investigation team led this session.
Ana Virginia Samayoa Barón, Deputy Prosecutor of the Financial Investigation Unit, was among those who attended this session. "Binance has not only democratized access to cryptocurrencies but also has driven innovation in the blockchain ecosystem, opening new opportunities for investors and developers around the world. Thus, it is important to communicate and coordinate with this Virtual Asset Service Provider," Barón was quoted as saying in the post.
The blog post also highlighted that last year Binance delivered 120 face-to-face and remote training sessions and workshops worldwide for law enforcement and prosecution personnel. Additionally, it responded to over 58,000 requests from investigators.