How Informed is Your Country's Police About Crypto? - page 5.

daarul50

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Quote from: bitsurfer2014 on November 14, 2019, 06:29:44 PM

My country has been actively enforcing and busting these kinds of investment scams including crypto related ones and other cyber crimes that I believe our Police, together and in coordination with other law enforcement agencies are continuously training to acquire necessary knowledge and skills in order to be more effective in combating these types of crimes.

this cyber crimes issue has been exist for years with various motives .

as time goes by there is a lot of new motives behind any commited cybercrimes , cryptocurrency that born since 2008 become a primadonna for those who have abusive behavior like scamming on behalf bitcoin , phising etc.
a lot of techniques making fraudlent in this digital financial era and i believe every country in this world even the poorest country are aware about the issue and have taken action against all of it , still they can not handle it 100% , they only human.

cryptocurrency is a free world , nobody can protect you 100% not even police , educate yourself that is the better protection.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: Cyberczar on November 14, 2019, 09:57:33 AM

In my country, I see many sites that are Bitcoin ponzi and scams.

Not just your country but every country. Also know this that 90% of the ongoing ponzis are run in fiat and not bitcoin. Bitcoin is just a new mode of getting that money. Ponzis existed since a long time with fiat money.

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These thrive because the police put in little effort in tacking them.

Law enforcement is poor in many countries. Let alone cyber crime - those guys are still using windowsXP and not even linux to get started.

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I like the awareness being created by the Indian police.

They are not doing anything. They are making the problems more intense with this blanket ban on crypto and extortion techniques.

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What is the awareness level of law enforcement about crypto in your country? If All Police Officers are Trained in Crypto

Very poor. It will not improve unless the government steps in. Even bitcoin enthusiasts are powerless against their mob. Moreover would anybody even want to reveal their bitcoin using habit in countries where it is being looked down upon?

slaman29

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My country recently busted a scam related to people selling crypto, which turned out to be of course a fake ring. A few years ago it was scams that actually sold like real coins and told people this was bitcoin haha. It doesn't help of course that online bitcoin images all show some kind of yellow gold coin.

I would say police in my country are not well informed but how can you blame them when they are busy with so many types of scams in technology?

Gibreil

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Until now, there is no law yet in my country talking about crypto scam. If there is a scammer in internet, the case would be in cybercrime law only.
I think this should be done also by every country so that scammers will be oriented of what they are doing to the community of crypto netizens specially traders and beginners.

Amel

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Haha, in my country there are almost no police with such awareness, even when my friend loses some money because of fraud, they just say "be more careful". The police in my country will move when handling big cases or cases investigated by their superiors. It would be great if there were police all over the world like the police in your country.

BitBite5

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More and more I would say. Police is aware of many frauds and money laundering connected with cryptocurrencies and they know they have to investigate it. Also, more and more people report crimes connected with crypto so they actually don't have the choice, they need to work on that and therefore educate themselves.

bering

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Bitcoin ponzi scheme or online investment scam can identified as cyber crimes so in my country there are special agents to handle this kind of case but regarding the method what they used to arrest the criminals or to trace it i think they never publish it to the public so if there are suspicious investment sites or related to it then people can report immediately to the police station with valid evidence and the police will handle it right away

dimonstration

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Dimon69

Quote from: meanwords on November 14, 2019, 09:28:42 PM

Here in my country (in the Philippines), we do have some level of regulation and knowledge about cryptocurrency, in fact, there are news of police raiding some cryptocurrency scammers. Still, the amount of illegal activities here is not decreasing due to the fact that we are still lacking knowledge and equipment to track or raid this type of things. Though we are still positive about adopting cryptocurrency.

Detecting crypto scammer is hard in our country, some uses it for their own benefit and suse bitcoin as their medium of payment that makes bitcoin to others a scam, but what's good in our country is they allowing regulations and acceptance in some stores and bank the use of bitcoin, we can still consider ourselves lucky as no restrictions or banning happening unlike in other countries.

Wintersoldier

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Quote from: romero121 on November 15, 2019, 01:47:59 AM

As of now there is no big information provided to police regarding the cryptocurrency and the usage associated with it. There were more cases associated with the same, and in one of the case two police has been included. Myself has never encountered any issues with police officials, once bank officials made a strong investigation on the funds that has been received through selling bitcoin. For some reason I never disclosed the truth, and they even said they'll report this to the police for further investigation. Even then I was strong to defend it is my money. Somehow finally got it solved without big problems.

In the beginning, if we know from the start that our funds are real cryptocurrency from hard work and not by doing illegal stuff on the internet, there would be no reason how banks and police could accuse us of anything. Bitcoin and crypto are decentralized, but we still have a lot of ways to view transactions that we have and we have a lot of time to explain to them how bounty campaign, escrow, trading, and investment works. I promise you, they might be soon joining us to see how far we can get through cryptocurrency.

romero121

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As of now there is no big information provided to police regarding the cryptocurrency and the usage associated with it. There were more cases associated with the same, and in one of the case two police has been included. Myself has never encountered any issues with police officials, once bank officials made a strong investigation on the funds that has been received through selling bitcoin. For some reason I never disclosed the truth, and they even said they'll report this to the police for further investigation. Even then I was strong to defend it is my money. Somehow finally got it solved without big problems.

smyslov

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Quote from: Cyberczar on November 14, 2019, 09:57:33 AM

In my country, I see many sites that are Bitcoin ponzi and scams. These thrive because the police put in little effort in tacking them. I like the awareness being created by the Indian police. What is the awareness level of law enforcement about crypto in your country? If All Police Officers are Trained in Crypto... https://www.cryptoinfowatch.com/indian-police-train-officers-on-cryptocurrency/

We do not have this kind in our country, but once a court issued an order or their is an order from higher authorities our police will follow orders, when it comes to issues, about Cryptocurrency we have a SEC here and a court for any illegal activities, Bitcoin is now popular here but majority of our police are more educated on illegal activities but not on Crypto.

lepbagong

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Quote from: Cyberczar on November 14, 2019, 09:57:33 AM

In my country, I see many sites that are Bitcoin ponzi and scams. These thrive because the police put in little effort in tacking them. I like the awareness being created by the Indian police. What is the awareness level of law enforcement about crypto in your country? If All Police Officers are Trained in Crypto... https://www.cryptoinfowatch.com/indian-police-train-officers-on-cryptocurrency/

It is certainly encouraging for you that the police can help when there is fraud in crypto, not all countries can implement this.
in my country, crypto is not prohibited but may not be used as a legal payment instrument recognized by the state. and the government is not responsible if there are material losses that we experience, because of regulations that have not been made.

Kakmakr

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Law enforcement in my country have specific specialized divisions that deals with economic and cyber crimes, so when you suspect a crime, you report it to them and they will investigate. When this crime involves something outside of our borders, these agencies work with other agencies from other countries to track and prosecute these operations.

The local police officer on the street does not have the specialized knowledge to identify these crimes, but they help with the arrest when these specialized units identified the criminals.

harizen

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Quote from: meanwords on November 14, 2019, 09:28:42 PM

Here in my country (in the Philippines), we do have some level of regulation and knowledge about cryptocurrency, in fact, there are news of police raiding some cryptocurrency scammers. Still, the amount of illegal activities here is not decreasing due to the fact that we are still lacking knowledge and equipment to track or raid this type of things. Though we are still positive about adopting cryptocurrency.

Honestly, with lots of crypto-related scams happen here in PH during the 2017 BTC hype, PH authorities including PNP and all other sectors are now well-aware of the idea of using cryptocurrency in scam activities. If you were able to read some news back then, there are lots of scam victims during the 2017 hype to the point that even media (watch "Failon Ngayon") shows a misleading impression and details about what Bitcoin is all about in a nationwide telecast that rage most of PH crypto enthusiast.

And now that BSP implements a much strict ruling about cryptocurrency in the country, surely they informed our authorities about the general and basic information of what crypto is all about.

BitcoinsGreat

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Quote from: Cyberczar on November 14, 2019, 09:57:33 AM

In my country, I see many sites that are Bitcoin ponzi and scams. These thrive because the police put in little effort in tacking them. I like the awareness being created by the Indian police. What is the awareness level of law enforcement about crypto in your country? If All Police Officers are Trained in Crypto... https://www.cryptoinfowatch.com/indian-police-train-officers-on-cryptocurrency/

I heard somewhere that Bitcoin is ban in India ? If so, the police should be looking to find where it is being used and bust those people.
In most of the countries, the police is always after the crime and scams but it is difficult to track the scams done through crypto. Even, in New Zealand where the law and order situation is very good as compare to other countries, they are still unable to track the cryptopia exchange scammers, so this shows how difficult it is.

youdacapt

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The appearance of many wild Ponzi made our police focus on forming a division for white collar crime, but never touched the highest person because of the influence of the antibody position, this is still embarrassing. There has not been one case of crypto hyip that has become a serious case because the police only investigate complaints as if they only consider it a level 3 crime.

Ailmand

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Quote from: meanwords on November 14, 2019, 09:28:42 PM

Here in my country (in the Philippines), we do have some level of regulation and knowledge about cryptocurrency, in fact, there are news of police raiding some cryptocurrency scammers. Still, the amount of illegal activities here is not decreasing due to the fact that we are still lacking knowledge and equipment to track or raid this type of things. Though we are still positive about adopting cryptocurrency.

Haven't heard of any such news. But it is true that we do have a cyber crime group which manages cyber related crime. But let's face it that our country is not that developed and not yet fully equipped to bust all illegal and fraudelnt acts done thru cyber space and even cryptocurreny related fraud.

crossabdd

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in my country too. the police are actively seeking and handling fake investments in crypto. although crypto is already registered in my country, it is very strict. all trades, transactions and investments must be reported to the country. so all can be watched. crypto in my country is as a commodity. not as a currency. so it's like gold, silver, oil etc. cannot be used for day-to-day transactions, but can be traded. if it violates the police will track and sanction.

meanwords

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Here in my country (in the Philippines), we do have some level of regulation and knowledge about cryptocurrency, in fact, there are news of police raiding some cryptocurrency scammers. Still, the amount of illegal activities here is not decreasing due to the fact that we are still lacking knowledge and equipment to track or raid this type of things. Though we are still positive about adopting cryptocurrency.

blckhawk

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Quote from: Cyberczar on November 14, 2019, 09:57:33 AM

In my country, I see many sites that are Bitcoin ponzi and scams. These thrive because the police put in little effort in tacking them. I like the awareness being created by the Indian police. What is the awareness level of law enforcement about crypto in your country? If All Police Officers are Trained in Crypto... https://www.cryptoinfowatch.com/indian-police-train-officers-on-cryptocurrency/

As of the current timeframe, my country's stand on cryptocurrency is somewhat neutral. I don't see a lot of news to cryptocurrencies, whether it be negative or positive. Few online payment companies continues to support transactions through Bitcoin without oppression by the government. Even though scams do exist, it's almost not happening here, or as far as I only know. I do hear some television shows mention cryptocurrency, but that's just it. Which all of it makes me quite happy, but further adoption is better.

Topic: How Informed is Your Country's Police About Crypto? - page 5. (Read 790 times)