Partners NewsCEPOL activity on Financial Investigation in Virtual Currencies took place in Cyprus
The CEPOL Training Activity 11/2022 on Financial investigations in Virtual Currencies took place from 26-30 September at the premises of the University of Nicosia, the first university in Cyprus to have entered into a four-year Framework Partnership Agreement with CEPOL since 2021. The aim of the course was to enhance the capacity of specialised investigators to gather evidence, as well as trace, recover and manage virtual currencies. In addition, the course aimed to contribute to fighting financial crimes by strengthening multidisciplinary cooperation in the context of financial investigations on cryptocurrencies, in particular by developing cooperation between law enforcement and judicial authorities. The training activity was co-organised by the Institute of Public and Cyber Security (IPCS) and the Institute for the Future (IFF) of the University of Nicosia.
46 participants from 23 member states and Switzerland (Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Estonia, Finland, Germany, Switzerland, Greece, Netherlands, Hungary, Ireland, Italy, Latvia, Lithuania, Malta, Poland, Portugal, Romania, Spain, Slovenia, Slovakia, Sweden), as well as from law enforcement agencies and the EJTN (European Judicial Training Network) attended the course.
The Chief of Cyprus Police, Mr. Papatheodorou, the CEO of the University of Nicosia, Mr. Polemitis, as well as the Founder and Executive Director of the Institute of Public and Cyber Security (IPCS) and former Chief of Cyprus Police, Mr. Zacharias Chrysostomou, opened the activity during a short opening ceremony that took place on Monday, 26 September.
The course started with an introductory training on cryptocurrencies and their taxonomy, followed by other topics such as Digital Currencies Regulatory Landscape, Cryptocurrency Investigative Technique, Asset Confiscation and Collecting Evidence and Seizing of Cryptocurrencies. Various relevant case studies were presented. In addition, during the course, a practical application of the CipherTrace Blockchain analysis tool for combating the illegal flow of cryptocurrencies took place. The course’s renowned trainers came from the United States of America, Europol, EJTN, the University of Nicosia and other European countries.
Dr Leonidas Katelaris – Activity Manager stated:
Author: Cyprus - Institute of Public and Cyber Security, and the Institute for the Future of the University of Nicosia
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About the host organisations
The Institute of Public and Cyber Security (IPCS) was established in 2019, aiming to offer multidisciplinary professional training in Policing, Security, Investigation and Cybersecurity.
The Institute for the Future (IFF) is an interdisciplinary research Centre at the University of Nicosia aiming in advancing emerging technologies and contributing to their effective application in industry, government and education as well as evaluating their impact on employment, wealth inequality and our lives and societies in general.
The course builds on UNIC’s eight-year track record as the leading university in the field of cryptocurrency and blockchain. UNIC launched the world’s first-degree program in cryptocurrency in 2014.Today, UNIC has educated over 100,000 students in academic and non-academic courses, has the world’s largest team of faculty and staff focused on cryptoassets and blockchains, and is the academic lead for the European Union Blockchain Observatory and Forum.
