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Police are Losing Cybercrime Experts to the Crypto Industry, says NPCC

The United Kingdom’s National Police Chiefs’ Council (NPCC) claims that it’s losing cybercrime experts at 3 to 4 times the rate of the rest of policing. The crypto industry appears to be largely responsible for this, where major firms are poaching these professionals with offers of far greater pay.
The Crypto-Cop Migration
As Bloomberg reports, both cryptocurrency exchange Coinbase and blockchain intelligence firm Chainalysis are among the companies paying big money to employ ex-police officers.
As a Coinbase spokesperson explained, such experts “can play an integral role” in helping to keep customers’ funds safe, and establishing their trust in the crypto economy.
Binance – the world’s largest crypto exchange – also tapped experts from both the Financial Conduct Authority and Financial Industry Regulatory Authority last week. The hires are meant to ensure the firm’s regulatory and sanctions compliance around the globe since politicians are increasingly leery of cry

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