Criminal Money Flows on the Internet and the Misuse of Cryptocurrencies

• Jurisdiction: European Union
• Year: 2024

Speaker

Nils Andersen-Röed is the Deputy Head of Financial Crime Compliance of Binance and

responsible for the teams that deal with Law Enforcement Requests (Case team), Special

Investigations, Law Enforcement Training and SAR investigations.

Before joining Binance he worked as a specialist at the Europol Dark Web Team. During his time at Europol he coordinated and supported global law enforcement operations against criminality on the dark web such as the take downs of various illegal marketplaces and many other global actions against administrators, vendors and buyers on the dark web. Before his role at Europol, Nils was the Project Leader of the Dark Web Unit of the Dutch National Police. He was also the Project Leader of Operation Bayonet, leading to the takeover and takedown of the dark web marketplaces Hansa Market and Alphabay.

Previously, after receiving his Master of Criminal Investigation degree, he has been working at the Central Criminal Investigations division of the Dutch National Police. Prior to joining the Police he received his Master's degree in Psychology and he has been working as a network professional in the private sector.

Topic

This e-presentation provides an overview of cryptocurrency, delving into its fundamental concepts and the pivotal role played by Binance within this dynamic landscape. Through a series of illuminating discussions, it aims to elucidate the essence of cryptocurrency while offering valuable insights into critical areas such as security, trading dynamics, and prosecution strategies.

Cryptocurrency, a digital or virtual form of currency, operates on decentralized networks powered by blockchain technology. It transcends geographical boundaries and traditional banking systems, enabling peer-to-peer transactions with heightened efficiency and security. Within this realm, Binance emerges as a prominent player, renowned for its robust platform and extensive array of services catering to cryptocurrency enthusiasts worldwide.

Security stands as a paramount concern within the realm of cryptocurrency. As digital assets proliferate, ensuring the integrity of transactions and safeguarding against cyber...