The IRS Criminal Investigation division collaborated with international law enforcement to provide cryptocurrency and blockchain tracing training to nearly 40 Ukrainian officers.
The online program aimed to bolster Ukraine’s ability to combat sanctions evasion and cybercrime enabled by cryptocurrencies. Participants included agencies like Ukraine’s Cyber Police and Anti-Corruption Bureau.
Blockchain analytics firms CipherTrace, BlockTrace, and Chainalysis assisted in the technical training. Officers earned certification as Cryptocurrency Tracing Examiners upon completion.
The IRS said the initiative exemplifies successful public-private partnerships against global financial crimes. A previous round of similar training occurred in May.
The focus on crypto tracing comes as groups leverage digital assets to raise funds for Russia’s war effort, often evading sanctions. Research suggests Russia has amassed $20 million in crypto donations.
As cryptocurrencies become tools for illicit financing, Ukraine has prioritized gaining expertise in blockchain forensics with help from allies.
Robust public and private collaboration is key to combating the evolving threats of crypto-enabled crime worldwide. Ongoing training and information sharing will strengthen global enforcement.
#IRS #Cryptocurrency #Blockchain #Cybercrime #LawEnforcement
