Commissioner Patrick Ryder announces
Money Laundering and Cryptocurrency Training
The Nassau County Police Department is sponsoring a money laundering, block chain technology and cryptocurrency training to over 50 officers from local, state, and federal law enforcement agencies.
The NCPD is committed to taking the profit out of crime by attacking the financial infrastructure of criminal organizations, regardless of the form of value and recognizes the emergence of cryptocurrency and blockchain technology. Criminals will take advantage of this new illegal technology, which will change the way criminal and financial investigations are conducted in the future. Drug trafficking over the dark web and on social media sites results in the distribution of counterfeit pills, some containing fentanyl, which are widely conducted in cryptocurrency.
This training will also better position multiple law enforcement agencies on how to respond to cyberattacks on government entities and businesses by understanding how ransomware can be investigated. Cryptocurrency, such as Bitcoin is transacted over the blockchain, a public ledger. The training and tools provided by this training will allow investigators to track and trace ransomware gangs and provide opportunities to seize illicit proceeds.
When: Thursday, June 3, 2021 at 1:30pm
Where: Morelli Center
510 Grumman Rd. West
Media that attend will be also be able to observe lectures on the recent Pipeline Hack