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Thursday 12 May 2022 4:35 pm

Binance appoints world-renowned cybercrime expert to security team

By: Darren Parkin

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Binance has recruited Jarek Jakubcek as the Head of Intelligence and Investigations for Asia-Pacific.

Binance has recruited Jarek Jakubcek as its Head of Intelligence and Investigations for Asia-Pacific.

Jakubcek is widely regarded as one of the world’s leading cybercrime experts, and is a former cryptocurrency specialist in Europol Cybercrime Centre’s (EC3) Dark Web team.

At Binance, he will lead efforts to coordinate the takedown of malicious actors in the crypto ecosystem in conjunction with law enforcement agencies in the APAC region.

During his seven years at EC3, he provided operational and strategic support for major cryptocurrency investigations. He also led the world’s largest cryptocurrency experts’ platform with representatives from hundreds of law enforcement agencies internationally.

“With its growing role in the industry comes growing responsibility, which Binance is taking the lead on,” he said.

“This is evidenced by Binance’s ongoing support of law enforcement investigations and recent strategic moves, including hiring an impressive team of key personnel in both its investigations and compliance teams.

“I am proud to join Binance and work alongside the most experienced and talented team within the blockchain industry, including former law enforcement colleagues. It will be our duty to ensure efficient cooperation with law enforcement agencies and prosecutors in the detection and prevention of criminal activities. Together, we will be stamping out illicit activities from the blockchain ecosystem and ensure that Binance remains the safest exchange in the world.”

Tigran Gambaryan, Global Head of Intelligence and Investigations at Binance, said: “Jarek is a hugely impressive cybercrime expert with connections to law enforcement agencies all over the world. His role will be pivotal in ensuring that Binance works effectively with police and prosecutors to keep the Binance ecosystem and wider crypto industry secure. As the world’s leading exchange, Binance is totally committed to take the lead on crypto security.”

Jakubcek joined EC3 in 2014, shortly after it launched and became a driving force for Europol’s pioneering activities in the area of cryptocurrency investigations. Prior to Europol, Jarek spent over five years at An Garda Siochana, Ireland’s National Police and Security Service, where he won international awards for creative use of OSINT technologies. He has lived in five countries and earned two MSc degrees.

He also played a key role in a number of high-profile investigations across a variety of criminal activities, including ransomware, dark web, corporate hacks, phishing incidents, investment fraud, kidnappings and money laundering. He has de-anonymised mixing services, published practical law enforcement guides, organised specialised conferences, developed relations with the cryptocurrency industry and trained investigators worldwide.  

He joins Binance’s impressive security and investigations team which includes Tigran Gambaryan, Matthew Price, Nils Andersen-Röed, and Aron Akbiyikian.

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