Share on LinkedInShare on LinkedIn

ARTICLE · 05 SEPTEMBER 2024

Crypto And INTERPOL – INTERPOL Develops Specialist Cryptoasset Team To Coordinate Globally Against Digital Assets Crime

INTERPOL has formed a specialist team to help countries combat cryptoasset-related crimes, leveraging its global reach. As crypto transactions often span multiple jurisdictions, INTERPOL's involvement in locating suspects and tracing assets is increasing, with potential implications for extradition and legal actions across borders.

United KingdomTechnology

Last year, during a press conference before its 90th General Assembly, INTERPOL announced that it had formed a specialist team to help countries combat crimes involving cryptoassets.

As we have previously written, there have been increasing reports of countries using INTERPOL to pursue individuals alleged to have been involved with criminality concerning cryptoassets.

Suitability of INTERPOL

In fact, given the decentralised and borderless nature of some cryptoasset transactions, an organisation with global reach such as INTERPOL would lend itself very well to coordinate the steps required to assist with both pursuing individuals alleged to have been involved with criminal offences involving crypto, and to tracing any associated proceeds of crime.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from