Binance announced that its Financial Crime Compliance team conducted a comprehensive cryptocurrency investigation training for Sri Lanka’s Financial Intelligence Unit and other key law enforcement agencies. The training session was held at the Central Bank of Sri Lanka's Training Center, and participants included officials from the Financial Intelligence Unit of Sri Lanka (FIU) and Sri Lanka Police departments.
According to Binance, the training aimed to enhance the ability of Sri Lankan law enforcement to address cryptocurrency-related crimes. The session included practical techniques, real-world case studies, and hands-on activities to help participants trace illicit transactions and identify malicious actors within the blockchain ecosystem.
According to a press release by Binance, Jarek Jakubcek, head of law enforcement training at Binance said, "By working together and sharing our experience, we can create a safer digital environment and more effectively combat the threat of cryptocurrency-related crimes. We are grateful to Sri Lankan FIU for hosting the event and inviting the participants from their organization and relevant departments of Sri Lankan Police."
Jakubcek added that Binance plans to continue supporting Sri Lankan law enforcement with future specialized workshops tailored to the unique needs of Sri Lanka’s cybercrime units. In 2023 alone, the Binance training team delivered over 120 training sessions worldwide. These sessions cover various aspects of financial crime compliance, from detecting and preventing money laundering to understanding the intricacies of the blockchain.
Binance is a leading blockchain ecosystem and digital asset exchange that aims to provide infrastructure for the future of crypto. Its platform offers a wide range of financial products. Key components include Binance Exchange, Binance Research for industry insights, Binance Academy for free blockchain education, Binance Charity for promoting Web3 technology for good, Binance NFT marketplace, and Binance Square for the latest trends in Web3.