Interpol to Create Crypto Crime Task Force – Headache-Free Crypto Uniglo.io Committed to Transparency

The international criminal police organization, most commonly referred to as Interpol, has announced plans to form a dedicated unit specially trained to investigate cryptocurrency-related crimes.

Interpol made this announcement just before its 90th General Assembly in Delhi and publicly stated that cryptocurrencies and cybercrime will be the focus of the summit. This comes after Jürgen Stock commented to the press, acknowledging the lack of adequately trained officers to deal with cryptocurrency crimes. He also stated that digital assets are emerging as a major global threat.

Interpol’s Crypto Crash

Singapore will host this new specialized team, which appears to be part of a more global push by politicians and law enforcement to crack down on crypto.

The proliferation of cryptocurrencies has led to an alarming number of scams and exploits. However, fraud remains more prevalent within the traditional financial system, and criminals launder far more in US dollars each year than in any digital asset.

But the increased presence of law enforcement has led to some surprising boons for the digital ecosystem.

Audit and focus on transparency bring Store of Value Currency Uniglo to light

Protocols that provide real value and work in line with good security practices receive increased capital allocation. As regulators and law enforcement enter the space, it appears to have signaled tacit agreement that digital assets will play a continued role in the global financial system.

Uniglo an Ethereum-based social currency is a benefactor of Interpol’s foray into the crypto space. Uniglo hired industry leader Paladin to audit its smart contracts, and developers designed it with transparency at its core. This unique project buys a mix of asset classes and stores them in the vault. A multi-sig protects this vault, meaning that no single bad actor can interact with this collection of assets.

In addition, Uniglo is an open source project; anyone can revise the vault’s contents at any time. By exposing investors to a wide range of assets in a single token, Uniglo has created a viable long-term asset that is constantly increasing. The native token GLO’s deflationary token model further guarantees this steady strengthening.

Entering the final phase of the pre-sale, Uniglo’s commitment to safety and security has put this crypto in the spotlight. Several senior crypto analysts have endorsed GLO as a headache-free option for crypto-curious investors.

Final thoughts

Interpol is still pursuing Do Kwon, and with the introduction of this new task force, it looks like bad actors in the digital asset space will be held accountable. Interpol’s recent announcement comes alongside statements from US lawmakers and a broader global push for crypto regulation

This regulation and the presence of law enforcement will provide more operational stability to the digital asset space and, as demonstrated by protocols such as Uniglo, help channel investor funds towards legitimate and secure cryptocurrency projects.

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