UN Is Planning To Seize Crypto Worldwide

October 24, 2022 9:49 pm Comments

The United Nations was once deemed as the peacekeeper of the world but now they have turned into an organization that the majority of the world doesn’t trust.

Multiple reports have declared that the OSCE (Organization for Security and Co-operation in Europe) which has a UN observer status will start training police officers in Uzbekistan to seize cryptocurrency.

Now you may say that the OSCE’s objective is just to put a dent in crime that uses cryptocurrency as a means to exchange drugs or illegal activities and it may well be their only motive but the UN however has repeatedly used non-profits and the UN’s UNODC (United Nations Office of Drugs and Crimes) to train police and military groups the art of seizing crypto.

Back in 2020, the UNODC trained a group of officers in Bangkok, Thailand on how to use the Dark Web to seize cryptocurrency.

Is the UN simply trying to stop cryptocurrency from being used to buy illegal drugs or is their main goal to train officers to know how to seize crypto in order to prevent cryptocurrency from being a means to exchange in the case the world’s economy collapse?

Cointelegraph shared these details:

The Organization for Security and Co-operation in Europe (OSCE) organized a five-day training course on cryptocurrencies and Dark Web investigation for Uzbekistan’s police and prosecution forces. The course is a part of OSCE’s consistent efforts to educate Central Asian law enforcers on the emerging technologies that criminals might abuse in a strategically important region for the global drug trade.

As the official press release from Oct. 21 goes, representatives from the General Prosecutor’s Office, the Ministry of Internal Affairs and the State Security Service attended the training from Oct. 17 to 21 to learn about the main concepts and key trends in the areas of internetworking, anonymity and encryption, cryptocurrencies, obfuscation techniques, Dark Web and the Tor networks.

The enforcers became acquainted with methods for seizing cryptocurrency and blockchain analysis developed by the European Cybercrime Training and Education Group (ECTEG). The OSCE has even donated a new computer classroom to the General Prosecutor’s Academy.

In 2020, OSCE has also conducted a training program on crypto enforcement for Central Asian countries. Back then, the scope of participating enforcers was much larger, with representatives from Azerbaijan, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, Turkmenistan, Uzbekistan and Mongolia attending it in the city of Almaty.

The OSCE is the world’s largest regional security-oriented intergovernmental organization with observer status at the United Nations. Based in Vienna, it focuses on issues such as arms control, promotion of human rights, freedom of the press, and free and fair elections.

Here are more details about the UNODC being sued to seize crypto:

The United Nations Office on Drugs and Crime (UNODC) organized a training course to counter the use of cyber assets in the online trafficking of opioids, synthetic drugs, and their precursors. The training focused on the rise of new technologies in the facilitation of trafficking of opioids and synthetic drugs over the Internet.

According to the UNODC’s Darknet Threat Assessment Report 2020, synthetic drugs, opioids and their precursors are among the most widely available illicit products on the darknet, accounting for 68 percent of the total marketplace. On a global scale, the use of cyberspace and cryptocurrencies on the illicit darknet market poses significant challenges to law enforcement and counter-narcotic capacities for governance and regulation, drug supply reduction, and crime prevention. It is critical that law enforcement agencies have up-to date knowledge and mechanisms to trace transactions and seize cryptocurrencies that may be used by criminals.

The five-day training, led by UNODC specialists, included of a series of theoretical content and practical simulations of real-life scenarios to help participants understand the clearnet, darknet and cryptocurrencies in greater depth, as well as improve their expertise in detecting criminal activity on the darknet and conducting investigations using cryptocurrency tracing tools. Participants improved their ability to identify evidence and seize assets and drug proceeds stored in cryptocurrency wallets, as well as their understanding of enforcement and prosecution methods for smoother cross-border cooperation.

Now to the average person, it may seem as of the United Nations is trying to prevent cryptocurrency from being used in a nefarious way but should cryptocurrency holders really trust the UN?

The world’s richest man doesn’t even trust the UN.

Yes, Elon Musk previously called the UN out for its peacekeepers raping children:

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