India’s list of crypto-related scams is a long one. From GainBitcoin to MoneyTradeCoin to Bitconnect, the list is endless. Even a few days ago a new cryptocurrency scam was busted in Rajasthan by ATS. As a result, the government has finally decided to educate high ranking police officials about this new headache. According to a recent report of News.Bitcoin.com, Sardar Vallabhbhai Patel National Police Academy (SVP NPA) has prepared a new course on cryptocurrencies. The course aims to educate police officials in 4 dimensions:
- Functioning of cryptocurrencies
- Legal aspects of cryptocurrencies
- Crimes committed using cryptocurrencies
- And finally, the investigation of those crimes.
The course has been entitled “Investigation of cases involving cryptocurrencies”, and its classes will be held on 5th and 6th of September at NPA in Hyderabad, Telangana. The program will train Inspector General (IG) and Additional Superintendent of Police (ASP) rank officers, and those who’re to be trained under this program will be nominated by NPA itself. Self-nomination, for some reason, is not allowed.
It’s worth noting that while government deliberates on crypto regulations, its officials are also being trained and equipped with necessary tools to take on crypto related crimes. In February Union Minister Rajnath Singh had also inaugurated a cyber forensics lab in Delhi, which has got a dedicated crypto forensics unit as well. At that time Delhi Police Commissioner Amulya Patnaik had said:
“It is the first cybercrime awareness and detection center opened in the country. We are now equipped with technology to recover data from damaged hard disks, cryptocurrency analysis, malware forensic and data can be retrieved from 33,000 kinds of mobile models available in the market.”
It is a good idea to educate the police officers regarding any new technology which can be abused by evil brains. However, it’s not a good idea to ban any technology only because of its negative aspects. Regulation and prohibition are fine, but technologies shouldn’t be banned completely only due to some negatives present in them. Hopefully, the government won’t do that. Let’s see!