Cryptocurrency capacity building with Indonesia’s anti-corruption authorities

Jakarta (Indonesia), 8 July 2022 -  With new payment methods playing a major role in transactions globally, they are frequently used by criminal networks for money laundering purposes. The rise of these payment methods is reflected in the fact that $14 Billion USD of cryptocurrency was lost to fraud in 2021, up 79% comparing to the previous year. UNODC research shows a lack of available data detailing the scale of the issue in Southeast Asia, recommending enhanced state capacities to devise effective enforcement responses at policy and operational levels.

UNODC supports Indonesia's Anti-Corruption authorities in countering the threat posed by virtual-asset-based illicit financial flows and money laundering. UNODC, in cooperation with the KPK Anti-Corruption Learning Centre (ACLC), conducted a Training on Tracing, Seizing, and Confiscation of Cryptocurrency for analysts, investigators, and prosecutors of the KPK, Police, Attorney General’s Office, and PPATK (Indonesia FIU).  This training was organized in Jakarta with hybrid format during 4-8 July 2022.

Dian Novianthi, ACLC Director, highlighted the increasing levels of sophistication of corruption cases detected in Indonesia. She argued that trainings such as this one are important to enable agencies to learn from international experiences. To cement such expertise, she welcomed further trainings on technical investigation skills, including around the use of electronic evidence. "We hope that this training will help to ensure that in the future, no investigation is undermined by gaps in the expertise of investigators," said Dian.

The purpose of this training is to enhance the Indonesia’s Investigative and Prosecution Authorities’ understanding of cryptocurrencies and their ability to conduct tracing, seizing, and confiscating of cryptocurrency for investigative purposes. The training was covered topic on cryptocurrencies, financial crime risk typologies and practical investigation techniques for blockchain and cryptocurrencies, including its utilization, management, anonymity, privacy, and traceability of transactions. Practical exercise in tracing and take control on cryptocurrency and other countries’ experiences in tracing, seizing, and confiscating cryptocurrencies are also discussed in this training.

This training was part of activities funded by the Ministry of Justice of Government of the Republic of Korea. Footage (where available) and written summaries of UNODC events are publicly available via our website.


Other Useful Links:

  • Another training in Indonesia on Assessing the Digital Financial Threat Landscape is available here
  • The footage of UNODC Anti-Corruption Webinars in Southeast Asia, where available, can be viewed on our social media page here
  • A summary of activities by the UNODC Anti-Corruption Team in Southeast Asia is available on our website here