Manitoba, WPS join forces to crack down on cryptocurrency cybercrime
Posted August 3, 2022 4:38 pm.
Winnipeg police will be training five members of their cybercrime team in a cryptocurrency tracing certified examiner training program.
The province is sending $100,000 in funding from the Criminal Property Forfeiture Fund for the training.
The plan is to purchase specialized software to trace illegal financial cyberspace activities.
“The additional funding being provided for training and equipment is intended to help shine a light on those who hide in cyberspace preying on victims,” said Justice Minister Kelvin Goertzen.
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This comes as police say cybercrime is dramatically increasing across North America.
“As cryptocurrencies have risen in popularity and become more widely available, criminal actors have now migrated into this space and are primarily using cryptocurrencies as the medium to obtain funds from their victims,” said Sgt. Trevor Thompson of the Winnipeg Police Service’s financial crime unit.
