The International Criminal Police Organization (Interpol) has teamed up with South Korea startup S2W lab for analyzing activities on the dark web and crypto transactions. Interpol signed a year contract with S2W lab.
The firms CEO Suh Sangduk highlighted that widespread use of crypto is a problem they face when reacting to cybercrime on the dark web. According to him, with the Interpol partnership now, they would be mandated to see that distributed ledger technologies (DLT) are put to good use.
S2W LAB has been tracking huge volumes of darknet data since 2018; they have a large quantity of Dark web data and now own a dark web database. Using an AI-based multi-domain analytical mechanism, the company can analyze data and establish links between several timeframes and domains.
Interpol interested in S2W LAB thanks to their experts’ articles published on this issue, as well as a number of international patents received by the company. The company’s technical director, professor at the Korea Institute of Advanced Technology, Shin Seung-won, is a member of the Interpol subcommittee related to the investigation of cryptocurrency crimes.