Crypto Companies are Poaching UK Cyber Police With Triple Pay

Some specially educated UK cybercrime police officers are being lured into the private sector by offers of treble pay, and this trend is anticipated to continue. According to Bloomberg, the UK began training approximately 250 police in 2018 to investigate, seize, and realize the value of digital currencies. Last year, the Metropolitan Police Service of the United Kingdom confiscated about $400 million in cryptocurrency in two separate money-laundering operations. THE BLOCK: Crypto companies are poaching UK cyber police with triple pay: reporthttps://t.co/OYuNm7B6Hl — MadNews.io (@MadNews_io) April 30, 2022 “We have a huge problem with the loss of skilled cyber officers and employees,” Andrew Gould, head of the UK National Police Chiefs’ Council’s cybercrime branch, told Bloomberg. “Their abilities are in high demand in the private sector. Therefore we expect them to double or triple their income, so they are leaving.” The NPCC predicts that the tendency will accelerate over 12 to 18 months. Former law enforcement personnel are employed by companies such as Coinbase, the largest cryptocurrency exchange in the United States, and Chainalysis, a crypto research firm. “We can play an important role in keeping our customers’ cash safe and secure,” a Coinbase spokeswoman told Bloomberg. The post Crypto Companies are Poaching UK Cyber Police With Triple Pay first appeared on Cryptoknowmics-Crypto News and Media Platform.The post Crypt...