RATE Group | Interpol Enlists Korean Startup to Track Crypto on the Dark Web
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Interpol Enlists Korean Startup to Track Crypto on the Dark Web

21 Mar Interpol Enlists Korean Startup to Track Crypto on the Dark Web

Posted at 21:14h in Cryptocurrency News by

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The International Criminal Police Organisation (Interpol) has announced a partnership with South Korean data intelligence startup, S2W Lab, to analyze dark web activity, including cryptocurrency transactions.

The startup announced the partnership on March 20 — with S2W Labs signing a one year contract with Interpol.

Interpol sets its sights on the dark web

S2W Lab claims to have “captured a massive amount of Dark Web data” and “established a Dark Web database.” The S2W examines the data using artificial intelligence to establish “links among multiple domains and among multiple timeframes.”

S2W boasts that it has secured several patents “on the subject of Dark Web and cryptocurrency” analysis.

Suh Sangduk, S2W Labs’ CEO, emphasized the challenges of responding to cybercrime on the dark web due to the “wide usage of cryptocurrencies.” 

He adds that the partnership will see S2W “cooperate with international investigations” to ensure that distributed ledger…

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