The Russian Prosecutor General’s Office has announced its intention to use artificial intelligence technologies to combat crimes related to virtual assets and decentralized finance (DeFi). This was stated by the Russian Prosecutor General, Igor Krasnov.

A special division for implementing AI in prosecutorial activities has already been established, and a three-year plan for the development of these technologies has been approved.

“Along with digital currencies, other types of virtual assets are increasingly being used to commit cybercrimes. We can talk about a new type of DeFi-related crime that needs to be not only suppressed but also predicted using neural networks,” Krasnov noted.

The Prosecutor General’s Office is also participating in an international cooperation effort through a special group combating cybercrimes on the UN platform.

Krasnov emphasized that Russia has already achieved significant progress in fighting criminal operations involving cryptocurrencies.

“Last year, we achieved, for the first time at the international level, the arrest of virtual assets from a criminal group on the Binance exchange, which were stolen from citizens through fraud,” the Prosecutor General stated.

The Russian Prosecutor General’s Office uses tools from Rosfinmonitoring, such as “Transparent Blockchain,” to track cryptocurrency transactions.

It is worth noting that in June, the Prosecutor General’s Office reported controlling cross-border cryptocurrency transactions of Russians using specialized software. By 2030, Rosfinmonitoring plans to invest over 10 billion rubles into the development of a digital platform for combating money laundering, which will track cryptocurrency transactions and help de-anonymize Bitcoin wallet owners.

In October, it was also announced that the Central Bank of Russia would examine international cryptocurrency transactions conducted through 19 financial institutions.