Meta/crypto

Interpol wants to police Metaverse crimes, reveals secretary general

The International Criminal Police Organization (ICPO), aka Interpol, is investigating how it could police crimes in the metaverse. However, a top Interpol executive believes there are issues with defining a metaverse crime.

Interpol’s intent to oversee criminal activities on the metaverse was revealed by secretary general Jurgen Stock, according to BBC. Stock highlights the ability of “sophisticated and professional” criminals to adapt to new technological tools for committing crimes.

The move for policing metaverse comes nearly four months after the international organization launched its own metaverse in October 2022at the 90th Interpol General Assembly in New Delhi, India.

The official Interpol office in the metaverse. Source: Interpol

During this launch, the announcement read:

“As the number of Metaverse users grows and the technology further develops, the list of possible crimes will only expand to potentially include crimes against children, data theft, money laundering, financial fraud, counterfeiting, ransomware, phishing, and sexual assault and harassment. ”

According to Stock, criminals have started targeting users on platforms similar to the metaverse, adding that “We need to sufficiently respond to that.” However, the organization faces issues with defining a metaverse crime. Madan Oberoi, Interpol’s executive director of technology and innovation, stated:

“There are crimes where I don’t know whether it can still be called a crime or not. If you look at the definitions of these crimes in physical space, and you try to apply it in the metaverse, there is a difficulty.”

Moreover, he revealed that Interpol is also challenged with raising awareness about possible metaverse crimes.

Related: The world must take a ‘collective action’ approach to regulations — India’s finance minister

In parallel to launching into the metaverse in October 2022, the organization created a dedicated unit to fight crypto crimes.

#crypto currencies are emerging as major threats across the globe: Jurgen Stock, Interpol chief

The Interpol global complex for innovation in Singapore is working on a mechanism to deal with challenges emerging from #Cryptocurency

— Sachin Singh (@sachinsingh1010) October 18, 2022

The initiatives followed Interpol’s “red notice” to global law enforcement in September for the arrest of Terraform Labs co-founded Thu Kwon.

Related posts

Bitcoin spot vs futures ETFs: Key differences explained

TechLifely

CIA director says the agency currently has “a number of different projects” that focus on crypto

TechLifely

Ankr assists its second project in the launch of its own blockchain with ‘App Chain’ toolbox

TechLifely

Leave a Comment