Binance Hires a New Head of Intelligence and Investigations APAC

Binance, a major cryptocurrency exchange Cryptocurrency Exchange A cryptocurrency exchange is an online platform that supports the exchange of various currencies for a cryptocurrency or digital asset.Comparable to a generalized financial exchange, a crypto exchange’s core function is to permit and encourage the buying and selling of cryptos.This is accomplished by producing a stable trading environment suitable for traders nested through different locations around the world. Sometimes a crypto exchange may be referred to as a digital currency exchange (DCE) f A cryptocurrency exchange is an online platform that supports the exchange of various currencies for a cryptocurrency or digital asset.Comparable to a generalized financial exchange, a crypto exchange’s core function is to permit and encourage the buying and selling of cryptos.This is accomplished by producing a stable trading environment suitable for traders nested through different locations around the world. Sometimes a crypto exchange may be referred to as a digital currency exchange (DCE) f Read this Term, named Jarek Jakubcek as its new Head of Intelligence and Investigations for Asia-Pacific (APAC). According to the press release, Jakubcek will lead Binance’s efforts to coordinate the takedown of malicious actors in the crypto ecosystem in conjunction with law enforcement agencies in the APAC region.

Jakubcek is an expert in cybercrime and a former cryptocurrency specialist in Europol’s Cybercrime Centre’s (EC3) Dark Web team. During his seven years at EC3, Jakubcek supported major cryptocurrency investigations from an operational and strategic perspective. In addition, he was the leader of the world’s largest cryptocurrency experts’ platform that included representatives from hundreds of law enforcement agencies worldwide.

New Head of Intelligence and Investigations APAC's Background

Jakubcek joined EC3 in 2014, not long after the company had opened for business, and has been a driving force for Europol’s pioneering efforts in the area of cryptocurrency investigations since the start. Prior to joining Europol, Jakubcek worked for An Garda Siochana, Ireland’s National Police and Security Service, where he won international awards for innovative use of OSINT technologies. In addition to living in five countries, he earned two MSc degrees.

“Jarek is a hugely impressive cybercrime expert with connections to law enforcement agencies all over the world. His role will be pivotal in ensuring that Binance works effectively with police and prosecutors to keep the Binance ecosystem and wider crypto industry secure. As the world’s leading exchange, Binance is totally committed to take the lead on crypto security,” Tigran Gambaryan, the Global Head of Intelligence and Investigations at Binance, commented.

Jakubcek commented on his appointment: “I am proud to join Binance and work alongside the most experienced and talented team within the blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term industry, including former law enforcement colleagues. It will be our duty to ensure efficient cooperation with law enforcement agencies and prosecutors in the detection and prevention of criminal activities. Together, we will be stamping out illicit activities from the blockchain ecosystem and ensure that Binance remains the safest exchange in the world.”