India will conduct cryptocrime investigation training

India will conduct cryptocrime investigation training

The Indian National Police Academy Sardar Vallabhbhai Patel National Police Academy (SVPNPA), in order to let senior police officers understand the operation of blockchain technology and equip them with the key skills needed to conduct a bitcoin-related crime investigation, July 7, 2019, Hard Fork reports on a new education program.

India closes the door of bitcoin thieves

Every source is close to this matter, the Sadar Saral Varabay Patel National Police Academy (SVPNPA), which trains Indian police officers who have passed the National Civil Service Service Examiner's Institute, is constantly introducing new courses aimed at Armed senior police officers need to investigate the knowledge required for encryption and blockchain related crimes.

The course, called "Investigating Cases Involving Cryptographic Currency," is scheduled to go live in late September 2019. It will teach participants about the legal aspects of digital assets, how to investigate cases involving cryptocurrencies, and more.

Only nominated IPS officials at the police inspectorate level can participate in the course. Self-nomination is not allowed.

It is worth noting that SVPNP is not the first police force to introduce a blockchain-based virtual currency training course.

In July 2018, the City of London School of Economic Crime (ECA) launched its first educational course on cryptocurrency, known as the "investigator's cryptocurrency."

At the time, ECA stated that this one-day course was designed to help officials understand how to “detect, capture and investigate” the use of cryptographic groups.

Although the Reserve Bank of India (RBI) has made the region's encryption business unbearable through some of its tough policies, citizens are still very interested in revolutionary technology, although fraud by bad actors continues to deceive ordinary investors.

In November 2018, it was reported that an Indian businessman lost about $1.4 million to fraudsters by fraudulent bitcoin investment.

In early February 2019, the BTC administrator informed the Indian authorities that they had arrested the creator of "Cashcoin", a fake cottage currency that defrauded more than $17 million in investors. A fake cryptocurrency-based "Who Wants to Be a Millionaire" game showed that people who had more than $250,000 in fraudulent participants in February 2019 were also crushed by the Mumbai police.