Bitcoin Scams Becomes So Prevalent in India that Local Police Start Getting Special Training


  • Cryptocurrency scams are increasing in India.
  • The local police academy will be launching a course in September to prepare for these criminal activities and investigative efforts.

The cryptocurrency landscape has an evolving atmosphere, and regulators are forced to examine both the laws that crypto exchanges and platforms follow. However, one of the other big concerns is the scammers that are in the industry, considering how innovative and new this industry is. Now, according to reports from The Next Web’s Hard Fork, the police force in India is taking action by training their high-ranking officers to be better prepared for investigating digital currency.

The national academy for India’s police force – Sardar Vallabhbhai Patel National Police Academy (SVP NPA) – has prepared a new course for officers to that will ensure that they have a better understanding of cryptocurrency and blockchain technology. In this course, the officers will be training in the

“legal aspects of cryptocurrencies, crimes committed using cryptocurrencies, [and], investigation of cases involving cryptocurrencies.”

This new course is not planned until September, but it follows the efforts of multiple other police forces who have announced related educational materials as cryptocurrency criminal activity grows. In fact, just six months ago, these scammers used some inspirational quotes by Bill Gates to steal $2 million in cryptocurrency in India.

In a more recent case, the Indian police broke up a call center scam that was trying to scam US citizens. In the process, the officers arrested 78 people. Last week, a bank manager in India was arrested for his connection with a Ponzi scheme crackdown involving cryptocurrency.

Europol has also been publicized for their work on cryptocurrency, revealing that they were working on a game that would better prepare law enforcement to trace and investigate the potential illicit use of cryptocurrency. In London, a UK-based training course on cryptocurrency launched last year for the local police.

While cash is difficult to trace in its funding of illegal activities, the advantage that the police force has in cryptocurrency is that so many transactions happen on public blockchains. Even though it is clearly a positive change that police efforts around the world are looking to crack down on crime in cryptocurrency, only time will tell how effective their efforts are.

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